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Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution 

Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution 

The long-standing legal feud between FTX Trading and Genesis Global Holdco is taking a turn towards resolution. The two parties have reached an ini...
Jul, 28, 2023
2 min read
by Bitcoin News
Study Shows Bank of England’s Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency

Study Shows Bank of England’s Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency

The Bank of England made an impactful move last Thursday, June 22, 2023, as it raised the benchmark bank rate to 5%, marking a significant 0.5 perc...
Jun, 25, 2023
3 min read
by Bitcoin News
Celsius New Bankruptcy Plan Was Deprecated By Debtors

Celsius New Bankruptcy Plan Was Deprecated By Debtors

Celsius has filed a revised bankruptcy plan to reflect the successful bid for assets by the Fahrenheit consortium.
Jun, 15, 2023
2 min read
by CoinCu News
FTX Finds $7.3 Billion in Liquid Assets; Lawyers Consider Rebooting Shuttered Crypto Exchange

FTX Finds $7.3 Billion in Liquid Assets; Lawyers Consider Rebooting Shuttered Crypto Exchange

FTX debtors revealed during a hearing on April 12th that the restructuring team has collected $7.3 billion in liquid assets. The exchange is curren...
Apr, 13, 2023
2 min read
by Bitcoin News
Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecure...
Mar, 30, 2023
2 min read
by Bitcoin News