Bankruptcy


Finance

Voyager Digital Says Binance.US Sent Letter Terminating $1B Asset Buy Deal

The crypto lender said it will return value to customers via direct distribution.

Voyager Digital's bankrupcy has left creditors in the lurch. (Danny Nelson/CoinDesk)

Finance

Genesis Files for Mediator Assistance Over Amount of DCG Contribution to Reorganization

The move comes months after an initial agreement was reached between Genesis' creditors and its owner, DCG.

(Genesis Trading, modificado por CoinDesk)

Finance

Susquehanna, DRW Are Among Backers of Bankruptcy Claims Exchange OPNX, the Firm Tweets

Other investors include U.S. options exchange MIAX Group and Saudi digital asset fund Tuwaiq, OPNX said Friday.

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

Policy

U.S. Government Allows the Bulk of Voyager-Binance.US Deal to Proceed

A new court filing suggests noncontentious elements of the $1 billion deal could go ahead even before an appeal is heard.

(Mona Tootoonchinia/Pixabay)

Finance

Crypto Exchange Zipmex Files for Two-Month Moratorium Extension

The request comes after an investor failed to maintain payments to the exchange.

(Andrew Khoroshavin/Pixabay)

Policy

NovaWulf Plans to Tokenize Equity of Celsius’ New Firm With $2B Assets, After Takeover

Celsius Network contacted 130 interested parties and signed confidentiality agreements with 40, before choosing NovaWulf.

Alex Mashinsky, founder and CEO of Celsius Network, at Consensus 2019 in New York (CoinDesk)

Policy

FTX’s Bankruptcy Lawyers: ‘The Dumpster Fire Is Out’

At a hearing on Wednesday, lawyers for the now-defunct exchange described it as a “digital Potemkin village” run by former CEO Sam Bankman-Fried.

(Shutterstock)

Policy

Alameda to Be Repaid $53M Deltec Loan, Delaware Bankruptcy Court Rules

The 2021 payment to Tether's bank Deltec International was originally approved by FTX's Ryan Salame.

(Pixabay)

Finance

Bankruptcy Trading Platform Xclaim Closes $7M Round as It Adds Crypto Focus

Founder and CEO Matthew Sedigh says trading volumes have surpassed $200 million since Xclaim started operations in 2018.

(RunPhoto)