Terraform Labs Caves In: Crypto Stablecoin Giant Files For Bankruptcy In US
In a stunning turn of events, the TerraUSD (UST) stablecoin project and its creator, Terraform Labs, find themselves grappling with ...
Tag: Bankruptcy
Core Scientific wins court approval to enact reorganization plan, exit bankruptcy
The Bitcoin mining firm Core Scientific announced on Jan. 16 that it has obtained court approval to proceed with its ...
Galaxy Digital targets more crypto bankruptcy asset sales after FTX deal
Keep knowledgeable with free updatesMerely signal as much as the Cryptocurrencies myFT Digest -- delivered on to your inbox.US billionaire ...
FTX loses $53K every hour on ‘bankruptcy fees,’ latest filings show
Within the three months ending Oct. 31, defunct crypto trade FTX has been burning by roughly $53,000 each hour on ...
SafeMoon Files for Liquidation Bankruptcy as Execs Face DoJ Charges
The submitting comes simply weeks after it was reported that SafeMoon executives had been on the centre of a Division ...
Crypto Company SafeMoon Files for Bankruptcy Following Founder and Executives’ Indictment on Fraud Charges Last Month
Blockchain agency SafeMoon is submitting for chapter after its founder and two executives have been indicted on fraud fees in ...
Bankruptcy Court Declares FTX Debtors Can Begin To Sell $744,000,000 Worth of Grayscale and Bitwise Shares
A chapter court docket is ruling that debtors of bankrupt crypto trade FTX can start promoting a whole bunch of ...
Failed Crypto Lender Celsius To Create New Company for Creditors as US Judge Approves Bankruptcy Plan
A US choose has permitted a chapter plan for a crypto lender that filed for chapter in July 2022 after ...
FBI Collected Transactional Data of FTX Customers During Bankruptcy Proceedings, According to Billing Records
New knowledge reveals that the Federal Bureau of Investigation (FBI) collected transactional knowledge of FTX clients because the troubled crypto ...
SEC Skeptical of Coinbase’s Role in Crypto Lending Firm Celsius’ Bankruptcy Process
The U.S. Securities and Trade Fee (SEC) is against Coinbase’s present involvement in Celsius’ chapter plan. Celsius, a crypto lender, ...