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Bankruptcy
Mt. Gox Rehabilitation Plan Worth Billions in Compensation Approved; Finalization to Follow
Creditors should be able to register to receive their funds once the plan is finalized next month.
Mt. Gox Voting Deadline for Creditors Ends
The process of making Mt. Gox’s victims whole has been lengthy, drawn-out, and characterized by delays and legal disputes.
Bankrupt Crypto Lending Platform Cred Had UK Fugitive in Charge of Funds
James Alexander was employed as the CCO of Cred, a crypto lender that filed for bankruptcy in November.
Here's What Happened at Crypto Lender Cred's Latest Bankruptcy Hearing
Judge John Dorsey of the Delaware Bankruptcy Court rejected a motion to appoint a Chapter 11 trustee to oversee Cred’s restructuring.
Bad Loans, Bad Bets, Bad Blood: How Crypto Lender Cred Really Went Bankrupt
Cred’s bankruptcy filing mainly blames fraud by an outside party. The full picture painted by former employees is more complex, and highlights the risks of the budding crypto lending market.
Crypto Lender Cred Files for Bankruptcy After Losing Funds in Fraud
In October, the lender published a cryptic letter saying it has experienced “irregularities” in the handling of “specific” corporate funds by a “perpetrator of fraudulent activity.”
Hedge Funds Failures, Bankruptcies and Pandemic Fatigue
As cases rise and the U.S. settles in for a fresh wave of COVID-19, the economic fallout from round one is still being felt, from hedge funds to bankruptcies and beyond.
Why Are Execs of Bankrupt Companies Being Rewarded With Millions?
It’s hard to tell people not to be angry with capitalism when the system is rewarding failure with millions of dollars in bankruptcy bonuses.
Blockchain Company Factom Inc. Files for Chapter 11 Bankruptcy
Factom Inc.'s board has presented a proposal for restructuring the business, which will now be assessed by the administrators.
Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions
Great North Data, a firm that ran bitcoin mining and AI processing data centers in Canada, has filed for bankruptcy owing millions to creditors including government agencies.
