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Zipmex Crypto Exchange Gets Over 3 Months Creditor Protection in Singapore: Report
15.8.2022
Cryptocurrency exchange Zipmex has been granted creditor protection until December by Singapore's high court, according to a Bloomberg report
Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors
3.8.2022
Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo. Vauld to Have 3 Months for Restructuring,...
3AC allegedly liable for $2.8B in creditor claims
19.7.2022
The amount is likely understated as many of 3AC's borrowing details remain confidential
Crypto Turmoil Latest: 3AC Creditor List Unveiled and Celsius Asks Creditors to ‘Go Long’ on Crypto
19.7.2022
With coin prices still very tentatively recovering and some even forecasting the end of crypto winter, optimists will hope that the darkest days of the crypto crunch are behind us – but things are still hot in the world of the bankrupt duo Celsius (CEL), a crypto lender, and Three Arrows Capital...
Creditors of Collapsed South African Crypto Firm Vote to Accept Offer to Resuscitate the Company
18.11.2021
Creditors of a South African crypto trading firm, Africrypt, have agreed to a proposal recently tabled by an unnamed investor who is seeking to resuscitate the collapsed company. Africrypt’s Intellectual Property In addition to paying $4 million — which will be used to pay off some...
Trustee of Collapsed Exchange to Ask Court to Resolve Crypto vs. Fiat Creditor Claims Tussle
20.1.2021
Bankruptcy trustee EY is trying to resolve a dispute over how to value cryptocurrencies recovered from QuadrigaCX
Cryptopia Creditor Issues Legal Notice to Liquidator Over Alleged Failures, Fees
22.7.2020
Blockchain firm GNY has sent a legal notice to Grant Thornton New Zealand over alleged high fees and failures to properly address its claim
Gox Rising Offers $800 per Bitcoin Claim to Buy out Mt Gox Creditors
22.5.2020
Gox Rising has offered to buy out creditor claims from the collapsed cryptocurrency exchange Mt. Gox. The Brock Pierce-led outfit will pay $800 per bitcoin claim, either in BTC or cash, to creditors who are unwilling to wait for the finalization of the ongoing civil litigation. “Our payment...
Factom Facing Liquidation After Creditor Refuses Request for Funding
6.4.2020
In an April 2 letter to investors, FastForward Director Ed McDermott stated blockchain company Factom would go into receivership
$30M Bitcoin Cash ‘SIM Hack’ Sparks Wild Crypto Tales With Vague Sources
23.2.2020
On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from...
Investor Fortress Raises Buyout Offer for Mt. Gox Creditor Claims By 71%
20.2.2020
Fortress is now offering creditors a "premium price tier" of $1,300 on every bitcoin held by the defunct exchange's estate
Hedge Fund Increases Mt. Gox Creditor Offer to USD 1,300 per Bitcoin
20.2.2020
The New York-based hedge fund Fortress Investment Group has upped its offer as it looks to buy up creditor claims from Mt. Gox, the cryptocurrency exchange that monumentally collapsed in 2014, leaving thousands of bitcoin (BTC)-holding customers out of pocket.
Per Bloomberg, the hedge fund has made...
Fortress Renews Offer to Buy Mt Gox Claims for $778 per Coin
21.12.2019
According to reports, the New York-based private equity firm Fortress is offering Mt Gox creditor claims at $778 per coin. The offer is 13.5% lower than what Fortress offered in July and Mt Gox claimants have until December 31 to accept the offer. Also read: Reports Criticize Bitcoin SV Miners...
Investment Giant Fortress Issues New Buyout Offer for Mt Gox Creditor Claims
20.12.2019
Creditors have until December 31 to accept the offer
“CoinLab Is a Big Stopping Block”: Mark Karpeles Talks Mt. Gox Creditor Claims and Life After Trial
16.6.2019
“I believe it's going to be years until everything Mt. Gox clears out of the courts.” Mark Karpeles talks with Cointelegraph