The Wall Street Journal Revlon Names Interim CFO Amid Bankruptcy Process Revlon is changing out its top finance executive roughly two months after filing for bankruptcy protection. Revlon, owner of br...
Tag: Bankruptcy
CEL Rallies To $2 As Bankruptcy Proceedings Continue, But Rally May Just Be Starting
Celsius (CEL) has been rallying in recent times. The native token of the now bankrupt Celsius Network had taken a nosedive when the company had first filed for bankruptcy, but it seems the time is cha...
German App NURI Files for Bankruptcy
The recent crypto crash along with the volatile equity market has hit hard on most economies. Nuri app is the latest German firm to file for bankruptcy. The company claims that the bad market dynamics...
Voyager to begin processing cash withdrawals next week
Voyager will begin processing cash withdrawals next week, according to a new announcement from the lender. Voyager’s account was frozen as part of its Chapter 11 bankruptcy proceedings, but yest...
Voyager approved to return $270 million in cash deposits to customers
The bankruptcy court deciding Voyager’s Chapter 11 case gave its approval for the firm to return up to $270 million to customers. Judge Michael Wiles, who is presiding over Voyager’s case ...
Zipmex Resumes Some Z Wallet Withdrawals, Deny Bankruptcy Reports – crypto.news
A leading Asia pacific exchange, Zipmex, will resume previously halted withdrawals from Z wallets, and has denied false allegations about its bankruptcy made on 2nd July 2022. Furthermore, the company...
Sandy Hook Families Accuse Alex Jones of Diverting Funds From Infowars Parent Company
Families of Sandy Hook victims who are suing Alex Jones for defamation accused the conspiracy theorist of siphoning significant amounts of money from Infowars’ parent company before he put the busines...
Crypto Lender Voyager Digital Enters Chapter 11 Bankruptcy Proceedings
Voyager Digital – a cryptocurrency broker and lender – has declared bankruptcy. The crypto space continues to crash and it’s taking all kinds of companies down with it. Voyager Digital Is Crashing wit...
Voyager Bankruptcy Puts US Pro Women’s Soccer Player Payouts at Risk: Report
Players in the US National Women’s Soccer League (NWSL) are reportedly set to miss out on the promised payouts of a deal with crypto broker Voyager after the firm went bankrupt. The league has told pl...
Zipmex gradually resuming Z Wallet withdrawals, says debt moratorium is not bankruptcy
Crypto exchange Zipmex, which operates in Thailand, Indonesia, Singapore and Australia, released a statement this week denying reports that it has filed for bankruptcy and announcing its progress in r...
US Women’s Soccer League sponsorship funds from Voyager in jeopardy after bankruptcy
The funds promised to the U.S. National Women’s Soccer League (NWSL) players by Voyager Digital in a sponsorship deal may not materialize as the lender filed for bankruptcy, Sportico reported Aug. 1. ...
For Crypto Customers, a Long Battle Ahead in Bankruptcy
Millions of customers of crypto platforms Voyager Digital Holdings Inc. and Celsius Network LLC have been thrust into a potentially long and painful battle in bankruptcy trying to retrieve their money...
Bankrupt Crypto Lender Celsius Could Leave Customers Last In Line To Get Paid
Alex Mashinsky, chief executive officer of Celsius NetworkPhotographer: Dania Maxwell/Bloomberg © 2018 Bloomberg Finance LP What Happened Earlier this month, crypto lender Celsius Network filed for Ch...
Alex Jones Puts Infowars’ Parent Company Into Bankruptcy During Texas Defamation Trial
Alex Jones put the company behind his Infowars conspiracy site into bankruptcy on Friday as the broadcast host stands trial in Texas to determine how much he owes the families of Sandy Hook victims fo...
Former Voyager executive vies for an alternative restructuring plan
Voyager’s former Chief Innovation Officer Shingo Lavine and his father and business partner Adam Lavine are pushing back on the embattled lender’s restructuring plan and calling for the ba...
Zipmex has filed for bankruptcy protection in Singapore –
Zipmex has filed for bankruptcy and wants moratorium relief. Zipmex wants to solve its financial issues. Zipmex, a southeast Asia-focused cryptocurrency exchange has filed for bankruptcy protection in...
Zipmex Files for Bankruptcy after a Week of Rumors
The company revealed that it was facing challenges beyond its control after withdrawal was paused on its platform on July 20. Zipmex, a Thailand-based crypto exchange, has in a recent update disclosed...
Bitcoin Bear Market Claims Another Crypto Firm as Zipmex Files for Protection From Bankruptcy
Editor’s note: This article’s headline was updated after publication to clarify that Zipmex has filed for protections from bankruptcy and not bankruptcy. South Asian cryptocurrency exchang...
Masten files for bankruptcy after NASA moon contract struggle
Lunar-focused company Masten Space Systems filed for Chapter 11 bankruptcy protection on Thursday, with the venture winnowed down to a handful of people after layoffs and furloughs. The space company ...
Zipmex seeks extension for bankruptcy protection in Singapore
Struggling crypto exchange Zipmex has filed for a moratorium in Singapore to extend its protection against legal actions from aggrieved creditors. The application comes barely one week after the excha...
Crypto Exchange Zipmex Files for Bankruptcy P…
The Southeast Asian cryptocurrency exchange Zipmex has filed for bankruptcy protection in Singapore, becoming the latest victim of the market downturn in digital assets. Zipmex resumed withdrawals las...
Zipmex Files For Bankruptcy After Halting Withdrawals Last Week
Applications for moratoriums were filed in Singapore on July 22 by the firm. On July 20, Zipmex temporarily halted all trading and withdrawals on its exchange. According to a corporate update released...
Crypto Exchange Zipmex Seeks Bankruptcy Protection In Singapore As Crypto Crisis Spreads
Zipmex offers crypto trading and investment services in Thailand, Indonesia, Singapore and … [+] Australia. SOPA Images/LightRocket via Getty Images Zipmex has become the latest victim of the on...
Zipmex Files for Bankruptcy Protection, Seeking Moratoriums from Third Party Creditors
Singapore-based crypto trading platform Zipmex has halted some of its core activities in response to its partner Celsius Network and Babel Finance’s financial woes, which it has exposed. Reporte...
Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’ – Bitcoin News
After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firm’s vendors accessed a list of Ce...
Troubled Crypto Exchange Zipmex Wants Bankruptcy Protection
Southeast Asian cryptocurrency exchange Zipmex submitted several moratorium applications under Section 64 of Singapore’s Insolvency, Restructuring and Dissolution Act 2018 last Friday on behalf of fiv...
Celsius wants to bring on former CFO as adviser for bankruptcy proceedings
Crypto lender Celsius Network has submitted a motion to bring on former CFO Rod Bolger as an advisor to help with its bankruptcy proceedings. A hearing will take place on August 8 to consider the moti...
Celsius’ Ex-CFO Could Advise During Bankruptcy Case
Key Takeaways Former Celsius CFO Rod Bolger could return to serve as an advisor during the company’s ongoing bankruptcy case. Celsius says that Bolger has extensive experience with the company, ...
Voyager Digital Chapter 11: Analyzing FTX’s Proposal
July 25, 2022, 1:06PM EDT • 3 min read Quick Take FTX Trading, West Realm Shires and Alameda partnering together to purchase Voyager’s digital assets and digital asset loans Offer excludes all loans i...
Celsius customers write pleas to bankruptcy court to get crypto back: ‘This is an emergency situation, simply to keep a roof over my family and food on their table.’
Some customers of crypto lender Celsius Network, which filed for bankruptcy earlier this month, have written to the Bankruptcy Court for the Southern District of New York, with a hope of getting their...
Voyager Digital: FTX’s Offer Is A “Low Ball Bid,” Argues It Disrupts Bankruptcy Process
In response to FTX’s proposal to provide early liquidity to Voyager customers, the attorneys for insolvent cryptocurrency lender Voyager Digital called the proposal a “low-ball bid dressed up as a whi...