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Cryptorank

Category Restructuring Plan

WazirX’s $230M Payout Plan Hinges on May Court Ruling—Liquidation Looms if Rejected

WazirX’s $230M Payout Plan Hinges on May Court Ruling—Liquidation Looms if Rejected

WazirX has pursued court‑supervised restructuring after a $230 million exploit, setting May 13 in Singapore as the decisive date. Approval may unlo...
FTX Reaches Settlement With IRS on $24 Billion Tax Claim

FTX Reaches Settlement With IRS on $24 Billion Tax Claim

Crypto exchange FTX has reached a settlement with the Internal Revenue Service (IRS), reducing its $24 billion claim to $200 million to be paid wit...
Celsius Network Seeks Final Court Approval to Begin Customer Repayments by Year-End

Celsius Network Seeks Final Court Approval to Begin Customer Repayments by Year-End

During an October 2 hearing regarding the approval of its reorganization plan, the bankrupt crypto lender, Celsius Network, informed a judge of its...
Genesis Participates In The 30-Day Mediation Process Keep Restructuring Plan

Genesis Participates In The 30-Day Mediation Process Keep Restructuring Plan

In order to keep its planned restructuring plan, Genesis will move into mediation with its creditors.