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Category Insolvency

MainNewsInsolvency
Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay

Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay

Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible ...
Sep, 04, 2024
by Bitcoin News
Wazirx Files for Moratorium in Singapore Court to Address Users’ Crypto Balances

Wazirx Files for Moratorium in Singapore Court to Address Users’ Crypto Balances

Indian crypto exchange Wazirx has announced that a moratorium has been filed in Singapore’s High Court under the Insolvency, Restructuring and Diss...
Aug, 28, 2024
by Bitcoin News
Crypto Collapse: Prime Trust’s Fall From Grace and the Disappearing Wallet Mystery

Crypto Collapse: Prime Trust’s Fall From Grace and the Disappearing Wallet Mystery

After Prime Trust filed for bankruptcy protection, the company’s interim CEO Jor Law cited excessive spending, losses on the stablecoin terrausd, a...
Aug, 25, 2023
2 min read
by Bitcoin News
From Crypto Custodian to Court: Prime Trust Files for Bankruptcy Protection

From Crypto Custodian to Court: Prime Trust Files for Bankruptcy Protection

In the wake of financial upheavals and regulatory hurdles, Prime Trust, a digital currency custodian, has formally sought Chapter 11 bankruptcy pro...
Aug, 15, 2023
2 min read
by Bitcoin News
Three Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi

Three Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi

A July 7 report from Teneo, the hedge fund’s liquidator, described the potential claims.
Jul, 07, 2023
by CoinDesk