bankruptcy

The cryptocurrency industry has seen its share of bankruptcies, with several companies and projects failing to gain traction or experiencing significant financial losses. While some of these bankruptcies were a result of poor management or ill-conceived business models, others were due to external factors such as regulatory hurdles or market volatility. Follow Blockworks for the latest developments, expert analysis, and comprehensive coverage on crypto bankruptcies varios cryptocurrency topics.
article-image

Jane Street, a Mubadala-linked fund and Fidelity-linked funds are some of the top buyers, according to court documents

article-image

Terraform Labs and the SEC are expected to head to trial later this month

article-image

The agreement between the two bankrupt crypto companies awaits court approval

article-image

The hearings are expected to last for a couple of days as the court hears arguments for and against the bankruptcy plan proposed by Genesis

article-image

Judge John Dorsey approved the motion to sell, which was filed earlier this month

article-image

The parent company of bankrupt lender Genesis filed an objection to its settlement agreement with the NYAG on Wednesday

article-image

A lawyer for Genesis put the value of the Grayscale shares around $1.6 billion

article-image

The company repaid over $1 billion in debt, according to the letter

article-image

CoinList plans to buy the company, which holds a South Dakota license to offer custody services

article-image

DCG says the plan “strips” the company of “other valuable economic and corporate governance rights”

article-image

A hearing on the motion will take place on Thursday, Feb. 8

article-image

A hearing on the motion to sell the stake is set for Feb. 22

article-image

The SEC first filed the suit in January of last year

article-image

Some creditors to the erstwhile crypto lending platform are slated to become shareholders in the bitcoin mining company

article-image

Lawyers representing FTX in its bankruptcy told a court Wednesday that the former exchange will repay customers in full

article-image

Terraform plans to appeal an earlier summary judgment from Judge Rakoff pending the trial outcome

article-image

Core said Tuesday that it had emerged from “from Chapter 11 with a strengthened balance sheet” and shares re-hit the Nasdaq Wednesday

article-image

Both Bloomberg and CoinDesk reported that the FTX estate has sold a majority of its GBTC shares

article-image

The company called the filing a “strategic step” ahead of its trial

article-image

Under the proposed plan, the FTX bankruptcy estate would settle up with customers by repaying them in US dollars based on the value of their crypto assets in November 2022

article-image

The company seeks to emerge from bankruptcy on Jan. 23 and re-list its shares on Nasdaq the following day

article-image

DCG said on Friday it had completed its repayment of short-term loan obligations to Genesis, but a new court filing Monday claims otherwise

article-image

DCG has now repaid a total of more than $1 billion in debts to creditors

article-image

FTX, Genesis, Core Scientific and Voyager continue to move forward with bankruptcy proceedings

Get the daily newsletter that helps thousands of investors understand the markets.