Digital asset-friendly bank Silvergate files for bankruptcy
Silvergate’s parent company, Silvergate Capital, has filed for Chapter 11 bankruptcy protection 18 months after the digital asset-friendly…
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Chapter 11 Bankruptcy
23 posts
Bankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts
The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an…
FTX, Alameda reaches ‘in principle’ settlement with BlockFi, paying $874M
The bankrupt crypto companies have resolved their disputes for nearly $1 billion, which could lead to full recovery…
Bankrupt Lender Genesis Global Settles Lawsuit With New York Regulator
In the latest development, bankrupt crypto lender Genesis Global has settled the lawsuit with New York Attorney General…
Celsius Emerges From Bankruptcy, Begins to Distribute $3 Billion to Creditors
Celsius has concluded its Chapter 11 bankruptcy process and is embarking on a new journey with the launch…
Terraform Labs files for Chapter 11 bankruptcy
Despite the many legal cases against Terraform Labs and its founder Do Kwon having the company in dire…
FTX customers could get $9B shortfall claim payout by mid-2024
A proposed settlement could see creditors receive a shortfall claim of $8.9 billion for FTX.com and $166 million…
Crypto lender BlockFi gets court nod to repay customers
The approval is seen as a milestone moment for BlockFi’s over 100,000 creditors, who have been long awaiting…
Embattled BTC miner Core Scientific files bankruptcy reorganization plan
Core Scientific filed for Chapter 11 bankruptcy protection in December, and in its new plan, it pledges to…
Celsius creditors allege Wintermute facilitated 'wash trading’: Report
It was alleged that Celsius executives engaged Wintermute to conduct wash trading to “fraudulently” manipulate trading volumes on…