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Bankruptcy
Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed
Voyager’s creditors will recover an estimated 36% of their assets – a far smaller slice of the pie than they would have received if the platform’s sale to FTX or Binance US went through.
FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case
There will be a hearing on May 25 to discuss the motion by the FTX estate.
Celsius CEO Mashinsky Denies ‘Baseless’ Fraud Claims by New York State
N.Y. Attorney General Letitia James said Mashinsky misled investors about the health of the now-bankrupt crypto lender.
3AC Founders’ OPNX Exchange Formally Reprimanded by Dubai Crypto Regulator
The action by the Virtual Assets Regulatory Authority targeting Kyle Davies, Su Zhu and others follows two cease-and-desist letters for operating an unregulated exchange.
Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’
Court filings urge the resolution of an issue, which could prove key to recoveries for customers and Series B investors.
Genesis Bankruptcy Parties Agree to 30-Day Mediation Period
The process can start once the parties agree on a mediator and submit an order to the U.S. bankruptcy court.
Amid Bankruptcy, Core Scientific Signs Bitcoin Mining Hosting Contracts for Almost 18,000 Machines
The miner signed deals with three firms to host rigs at sites where the Celsius Mining fleet was recently unplugged.
Voyager Lawyers ‘Surprised’ Binance.US Canceled $1B Deal
Creditors can expect to receive between 40% and 65% recoveries, ideally in crypto, attorneys for the bankrupt crypto lender said in court Wednesday.
Out of Compute North’s Bankruptcy Rises 300MW Bitcoin Miner With Novel Energy Offering
Born out of the ashes of the Compute North bankruptcy, the new venture aims to give customers control over their energy strategy.
FTX's LedgerX Derivatives Exchange Sold to Miami International Holdings in Bankruptcy Auction
FTX.US purchased Ledger Holdings, the parent company of LedgerX, for $298 million in October 2021, according to audited financial documents viewed by CoinDesk.
