bankruptcy

FlowBank SA, a Swiss financial institution known for its online brokerage and cryptocurrency trading services, has been forced into bankruptcy by the Swiss Financial Market Supervisory Authority (FINMA) due to severe breaches of…

(Bloomberg) -- Cryptocurrency exchange FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries under the company’s bankruptcy.Most Read…

Published 1 minute earlier on Celsius Network has started to distribute $3 billion worth of cryptocurrency and fiat to its creditors after officially resolving its Chapter 11 bankruptcy, 18 months after it paused user withdrawals,…

Crypto mining firm Core Scientific has been given court approval to emerge from bankruptcy and relist its “CORZ” shares on the Nasdaq — putting an end to a 13-month restructuring process. In a Jan. 16 statement, Core Scientific said its…

Published 1 minute earlier on Bankrupt crypto lender Genesis Global Capital has filed a new motion with the U.S. Bankruptcy Court in the Southern District of New York seeking authorization to sell approximately $1.6 billion in…

Ionic Digital, a bitcoin mining company spun up as a part of Celsius’ bankruptcy plan, is now operational. Celsius emerged from bankruptcy Wednesday, distributing $3 billion in cryptoassets to creditors in the process, according to a…

Celsius Network LLC has started distributing over $3 billion in cryptocurrency, fiat, and stock to creditors as part of its exit from Chapter 11 bankruptcy, a move approved by the Bankruptcy Court and its account holders. The…