Bitcoin ATMs were crypto’s street-corner bank. Now regulators are shutting the door
Bitcoin ATMs were (and still are) the most tangible and literal implementation of crypto. They turned the process…
Browsing Tag
Chapter 11
44 posts
FTX bankruptcy estate auctioning Worldcoin tokens this week
According to CoinGecko, Worldcoin currently has a market capitalization of approximately $792 million and a 494 million circulating…
Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments
Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2)…
SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 Plan
The U.S. Securities and Exchange Commission (SEC) has raised concerns over FTX’s plan to pay back claims using…
Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm
Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan…
Crypto bankruptcies net law firms $751M in fees
Four law firms collectively earned $484 million from their work on the crypto bankruptcies, representing 64% of all…
Terraform Labs’ Fate Hinges on Sept. 19 Bankruptcy Hearing
The Chapter 11 bankruptcy reorganization hearing for Terraform Labs Pte. Ltd. and Terraform Labs Limited is set for…
Terraform Labs bankruptcy reorganization hearing set for September
The court’s decision will determine if the company can restructure or must liquidate. Czytaj więcej We współpracy z:…
Terraform Labs to reopen Shuttle Bridge, destroy LUNA tokens
These developments indicate TFL’s proactive efforts to tackle Terra’s challenges and restore trust and stability within the Terra…
FTX and CFTC agree to $12.7B settlement, subject to court approval
The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used…