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London-Based Cryptocurrency Exchange LBX Faces Compulsory Liquidation
9.2.2020
London-based cryptocurrency exchange LBX is the latest digital asset trading venue to face critical difficulties and is now being liquidated. Despite rising crypto prices, which typically lead to an influx of new traders, some regulated exchanges have struggled to survive amidst rising legal fees...
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...
Canada-Based Crypto Mining Firm Great North Data Files for Bankruptcy
5.12.2019
Crypto mining company Great North Data has reportedly submitted bankruptcy documents, listing millions in liabilities
Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions
5.12.2019
Great North Data, a firm that ran bitcoin mining and AI processing data centers in Canada, has filed for bankruptcy. According to bankruptcy filings late in November, the firm has just 4.6 million Canadian dollars (US$3.5 million) in assets, but owes creditors CA$13.2 million (US$10 million),...
Litecoin Turns 8 — Charlie Lee Says Foundation Not Near Bankruptcy
14.10.2019
On Litecoin’s 8th birthday, Charlie Lee was prompted to defend the project against crypto Twitter FUD and allegations about the Foundation’s weak finances
EY Requests to Move QuadrigaCX Crypto Exchange Bankruptcy Case
28.8.2019
EY has requested to move the QuadrigaCX crypto exchange bankruptcy case from Nova Scotia to Toronto
Mt. Gox Founder Knew of Security Risks Years Before Collapse, Lawsuit Claims
26.6.2019
Mt. Gox founder Jed McCaleb is being sued by two traders who used the doomed exchange
QuadrigaCX CEO Set Up Fake Crypto Exchange Accounts With Customer Funds
20.6.2019
QuadrigaCX CEO and founder Gerald Cotten reportedly created fake accounts at other crypto exchanges and funded them with his customers' money
Dutch Crypto Exchange Blockport to Attempt Relaunch After Bankruptcy Caused by Failed STO
4.6.2019
Dutch crypto exchange Blockport will try to relaunch the platform after the firm declared bankruptcy following a failed STO
Hacked Crypto Exchange Cryptopia Files for US Bankruptcy Protection
27.5.2019
Cryptopia has filed for bankruptcy protection in the U.S. seeking to preserve vital user data held on servers in Arizona