Binance, the leading digital currency exchange, went on a bidding battle against Billionaire Sam Bankman-Fried’s FTX crypto exchange to acquire a bankrupt crypto lending platform Voyager Digital’s fro...
Tag: Bankrupt
Bankrupt lender Voyager gets top bids by these heavyweights
According to those with knowledge of the situation, FTX and Binance have offered the highest offers for the assets of defunct cryptocurrency lender Voyager Digital Ltd., VYGVQ -5.89%, but neither offe...
Alameda to Repay $200M in Bitcoin and Ethereum to Bankrupt Crypto Broker Voyager
Voyager Digital, the now-bankrupt crypto brokerage firm, will see its approximately $200 million outstanding crypto loan to Alameda Research returned, according to a court filing published on Monday. ...
Bankrupt Crypto Broker Voyager Set To Receive Nearly $200,000,000 in Bitcoin and Ethereum From Alameda Research
Troubled crypto lender Voyager Digital is going to receive hundreds of millions of dollars worth of crypto assets from Alameda Research. According to a recent court filing, FTX CEO Sam Bankman-Fried’s...
Crypto Exchange Giants Binance and FTX in Bidding War Over Bankrupt Lender Voyager: Report
Two of the world’s leading crypto exchanges have reportedly submitted their bids to acquire the assets of embattled crypto lender Voyager Digital. Citing people familiar with the matter, The Wall Stre...
Alameda Research To Pay Back $200M To Bankrupt Voyager
Crypto trading firm Alameda Research will be paying back the $200 million it owes to bankrupt crypto lender Voyager Digital. Voyager Appeals For Loan Repayment Voyager Digital has appealed to a New Y...
Alameda to hand $200M in crypto back to bankrupt Voyager
Sam Bankman-Fried’s Alameda Research is preparing to hand back $200 million in borrowed crypto to Voyager Digital after a New York court ruled in the bankrupt lender’s favor. Alameda is set to hand ba...
Alameda to Repay $200 Million to Bankrupt Lender Voyager
Alameda to pay its remaining loan to Voyager Digital by 30 September. The repayment of loans is to be done by paying Bitcoin,Ether and several other cryptocurrencies. Alameda Research, a trading fi...
Bankrupt Lender Voyager Fetches $200 Million Loan From Alameda
The bankrupt crypto lender, Voyager, has signed a non-binding term sheet with SBF-controlled quantitative trading firm, Alameda Research, to secure loans amid the turmoil in the market. The two loans ...
ETHW: 90% miners may go bankrupt as forked network sees a rocky start
Sequel to its launch on the mainnet on 15 September, the proper take-off of the forked Ethereum Proof-of-work (ETH-PoW) has been hindered by glitches. As a result, the post-Merge PoW blockchain remain...
90% of PoW Miners Will Go Bankrupt – Predicts Ethereum Miner – Coinpedia – Fintech & Cryptocurreny News Media
The crypto space is celebrating the innovative migration of the Ethereum mainnet; however, this merge does not mean the same for everyone as it brings some woes for miners. The mining difficulty for t...
Pan Sutong’s Battle To Save His Real Estate Empire
Pan Sutong bet billions on a massive project to build opulent homes in Tianjin for China’s nouveaux riche—but the gamble backfired and now Pan’s creditors want to seize his assets. Pan Sutong’s empire...
Celsius CEO Alex Mashinsky Launches ‘Audacious’ Revival Plan for Bankrupt Crypto Firm: Report
The CEO of Celsius Network is reportedly discussing a new project that may help rebuild the bankrupt crypto lending platform. According to a new report from The New York Times, Alex Mashinsky presente...
Bankrupt crypto network Celsius is planning a comeback, codenamed ‘Kelvin’
Join Our Telegram channel to stay up to date on breaking news coverage As a temperature scale, Kelvin starts at “absolute zero.” Due to the absence of any energy, that lowest temperature would effecti...
Bankrupt Crypto Lender Voyager to Auction Off Assets
Crypto lending firm Voyager Digital is expected to auction off the remainder of its assets on September 13. That is according to a notice filed in bankruptcy court Tuesday. The disposal of the compan...
Bankrupt crypto lender Voyager set to auction off its assets on Sept. 13
Bankrupt crypto lender Voyager is set to liquidate all its assets through an auction that is scheduled for Sept. 13. Voyager announced on Sept. 7 that it had received multiplied bids from parties inte...
Bankrupt Crypto Fund 3AC Withdraws $45M from Curve Finance, Convex
The crypto hedge fund owed $3.5 billion to 27 crypto companies at the time of its bankruptcy Restructuring firm Teneo says “inappropriate to comment” on speculation surrounding 3AC’s transactions Cryp...
Bankrupt Crypto Lender Celsius Seeks to Reopen Withdrawals for Specific Customers – Bitcoin News
Celsius Network Ltd., the crypto lender that filed for Chapter 11 bankruptcy protection on July 13, is looking to release roughly $50 million worth of crypto assets to Celsius custody account holders....
Celsius Clients File Lawsuit To Get Back $22,500,000 in Crypto Assets From Bankrupt Digital Asset Lender
A group of Celsius Network custody wallet customers is suing the bankrupt lending platform in an effort to reclaim more than $22.5 million worth of funds. In a new lawsuit filed on Wednesday, individu...
Coins from bankrupt crypto firms top market gains
The cryptocurrency market is experiencing one of the worst sell-offs, partly fuelled by macroeconomic factors and the collapse of various digital assets projects. In this case, the collapse of such p...
Bankrupt Celsius Seeks to Return $50m of Locked Crypto for Custody Holders
Celsius Network, a bankrupt crypto lending firm, on Thursday, filed to return funds to crypto custody holders who are locked out of their accounts, Bloomberg reported. The move by the company comes ah...
US mortgage lenders are starting to go bankrupt — how this one factor could be triggering the worst surge of failures since 2008
US mortgage lenders are starting to go bankrupt — how this one factor could be triggering the worst surge of failures since 2008 The real estate market just can’t catch a break, with inventory of resa...
Bankrupt Crypto Broker Voyager’s Native Token VGX Skyrockets by Over 125% in 24 Hours Amid Takeover Rumors
The native token of embattled crypto broker Voyager Digital (VGX) is surging as rumors of a potential takeover continue to circulate. According to a recent company presentation, numerous firms, includ...
Zip Mex, A Singapore Crypto Trading Platform, Goes Bankrupt
Another crypto bankruptcy declaration is in the books. Following several straight weeks of bearish trends and companies either liquidating or being forced to declare bankruptcy, it appears another fir...
Bankrupt Celsius Files Counter Lawsuit Against Trading Firms for Allegedly Stealing Crypto Assets
Embattled crypto lending firm Celsius Network is suing its former business partner and the investment firm’s co-founder for deceit, incompetence and unauthorized possession of property. In a complaint...
Julian Robertson on how to make money — and avoid going bankrupt — in the stock market
Julian Robertson, the billionaire founder of hedge fund Tiger Management, has died at age 90. Robertson was a value-style investor who mentored, and invested with, a new generation of money managers a...
Creditors of Bankrupt Voyager Digital Oppose Company Giving Out Bonuses to Employees
An embattled crypto brokerage firm is under fire for seeking to pay out nearly $2 million as part of an employee retention package. According to a new filing in a New York bankruptcy court, lawyers sp...
Voyager Creditors Object to Bankrupt Firm’s Plan to Reward Key Staff
The lender took no measures to reduce headcount, the creditor committee said There’s no evidence that “key” employees would resign, they added Creditors of bankrupt Voyager don’t want the lender to pa...
Voyager Customers Say No to ‘Retention’ Bonuses for Employees of Bankrupt Crypto Lender
Crypto lender Voyager Digital’s creditors do not believe the company needs to pay employees “retention awards,” according to a new legal filing shared late Friday. Voyager, which is ...
Bankrupt Lender Celsius CEO Owes Creditors Transparency, Crypto Lawyer Says
The U.S. Trustee overseeing the Celsius Network bankruptcy is right to seek an independent examiner because the crypto lender’s CEO hasn’t been forthright with information. Sasha Hodder, founder of Ho...
US Regulatory Agency Files Motion Demanding Probe of Bankrupt Crypto Lender Celsius Network
A government-appointed trustee is seeking assistance while grappling with the complexities of embattled crypto lending platform Celsius Network’s (CEL) bankruptcy proceedings. In a new motion filed a ...
Bankrupt Crypto Lender Celsius Now Says It Likely Has Enough Cash to Last Through End of Year
According to Ferraro, since its last filing on July 29 Celsius has spent $40 million of its cash balance primarily on building out its mining site in Texas and on payroll. This week, the federal court...