Bankruptcy – Page 19 – Miami Crypto Coin

New ‘Celsius token’ may be used to repay creditors: report

Post author:MiamiCrypto
Post published:January 24, 2023
Post category:Bankruptcy Investments Lending

It was suggested that the token could be part of a reorganization that would turn it into a publicly traded, U.S. regulated company.

BlockFi exec argues bankruptcy court should approve bonuses to retain talent

Post author:MiamiCrypto
Post published:January 23, 2023
Post category:Bankruptcy blockfi Court law Regulation

According to Megan Crowell, losing certain employees could "severely [limit] the debtors’ options" amid bankruptcy proceedings.

Genesis’ bankruptcy filing was decided by independent committee according to DCG

Post author:MiamiCrypto
Post published:January 20, 2023
Post category:Bankruptcy Barry Silbert Digital Currency Group

A special committee of independent directors recommended and decided to file for Chapter 11 bankruptcy protection.

Crypto lender Genesis files for bankruptcy

Post author:MiamiCrypto
Post published:January 20, 2023
Post category:Bankruptcy Chapter 11 filing genesis Genesis Global

Crypto lender Genesis Global has become the latest firm to throw in the towel following the collapse of FTX, filing for Chapter 11 bankruptcy protection in New York.

FTX profited from Sam Bankman-Fried’s inflated coins: Report

Post author:MiamiCrypto
Post published:January 18, 2023
Post category:Bankruptcy ftx FTX Token Sam Bankman-Fried

Former FTX CEO allegedly used his popularity to lure developers, and Alameda Research to inflate the price of certain coins.

Genesis is planning to file for bankruptcy: Report

Post author:MiamiCrypto
Post published:January 18, 2023
Post category:Bankruptcy Business Digital Currency Group genesis Liquidity

Another one bites the dust? A report suggested the initial bankruptcy filing from Genesis could come before February.

FTX: it took ‘Herculean investigative effort’ to identify $5.5B in liquid assets

Post author:MiamiCrypto
Post published:January 17, 2023
Post category:Bankruptcy Business Cryptocurrency Exchange ftx Sam Bankman-Fried

Debtors said they had identified $1.7 billion in cash, $3.5 billion in crypto assets and $0.3 billion in securities following FTX filing for Chapter 11 bankruptcy.

Former FTX US President lashes out at ‘insecure’ SBF in 49-part Twitter thread rant

Post author:MiamiCrypto
Post published:January 15, 2023
Post category:Bankruptcy Brett Harrison Corporate Structure customer funds FTX.US Jane Street Management Mental Health Organization

Harrison said Bankman-Fried threatened to fire him on the spot and would destroy his professional reputation if he continued to confront the former FTX CEO.