FTX’s Bahamas unit – FTX Digital Markets Ltd – has filed for Chapter 15 bankruptcy seeking protection from creditors in the United States. Chapter 15 bankruptcy essentially enables a foreign debtor to...
Tag: Chapter
FTX’s Bahamas unit files for Chapter 15 bankruptcy protection
FTX Digital Markets, the Bahamas-based subsidiary of collapsed crypto exchange FTX, filed for Chapter 15 bankruptcy protection on Tuesday in the Southern District Court of New York. The filing c...
BlockFi preps possible Chapter 11 bankruptcy protection filing: WSJ
Crypto lending firm BlockFi is preparing for a possible Chapter 11 bankruptcy protection filing, according to the Wall Street Journal. The firm also plans to conduct layoffs, the journal reporte...
FTX Exchange Files for Chapter 11 Bankruptcy in the United States
FTX Group of companies has officially filed for Chapter 11 Bankruptcy in the United States, marking one of the darkest weeks in the history of the digital currency ecosystem. According to the update s...
FTX Files for Chapter 11 Bankruptcy, SBF Steps Down
FTX Trading filed for Chapter 11 bankruptcy on Friday while founder and CEO Sam Bankman-Fried resigned from his position and appointed John J. Ray III as its new chief executive. After a very tumultuo...
FTX, FTX US and Alameda will file for Chapter 11 bankruptcy in US; SBF resigns
Within a week, crypto exchange FTX has gone from proposing an acquisition by Binance to sort out its liquidity issues to proceeding with filing for bankruptcy under Chapter 11 in the District of Delaw...
AZA Finance Issues Correction to Erroneous Inclusion in FTX Chapter 11 Bankruptcy Filing
LONDON–(BUSINESS WIRE)–Statement from Elizabeth Rossiello, CEO and founder of AZA Finance, on the FTX Chapter 11 Bankruptcy filing: “I was shocked and disappointed to see that FTX named BTC Africa S.A...
FTX Filing for Chapter 11 Bankruptcy, SBF Stepping Down
Key Takeaways FTX and its affiliated companies have filed for Chapter 11 bankruptcy. Sam Bankman-Fried is also stepping down from his role as FTX CEO and will be replaced by John J. Ray III The news c...
FTX Announces Chapter 11 Bankruptcy, Crypto Market Down
FTX Bankruptcy Proceedings Updates: Troubled crypto exchange on Friday announced it is going ahead with chapter 11 bankruptcy. In a announcement of the major decision, the company said FTX and Alameda...
Troubled Crypto Exchange FTX Files for Chapter 11 Bankruptcy Protection, CEO Steps Down – Bitcoin News
The embattled crypto exchange FTX has informed the public that the FTX parent firm West Realm Shires Services, Alameda Research, and approximately 130 additional affiliated companies have filed for Ch...
Is this the end? FTX officially commence Chapter 11 Bankruptcy protection
One of the world’s top-tier crypto exchanges FTX has fallen and is now on the brink of bankruptcy. According to a press release shared on Twitter, Alameda research FTX group with its 130 affiliated co...
Analysis of Alameda and FTX Chapter 11 Bankruptcy Filing
November 11, 2022, 11:39AM EST • 5 min read Quick Take November 11, 2022 Alameda files for Chapter 11 Bankruptcy Protection Alameda estimates there will be funds left over to distribute to the more th...
FTX files for Chapter 11 bankruptcy
UPDATE (9:45 a.m. ET): According to a bankruptcy filing by Alameda Research, the firm says it has more than 100,000 creditors. Alameda also said that it has between $10 billion and $50 billion i...
As Nascar’s Kurt Busch Writes His Final Chapter, Tyler Reddick Starts His Next One
LOUDON, NEW HAMPSHIRE – JULY 18: Tyler Reddick, driver of the #8 Cat #WeDigLandscaping Chevrolet, … [+] stands on the grid during pre-race ceremonies prior to the NASCAR Cup Series Foxwood...
Nascar’s Kurt Busch Begins His Final Chapter Perhaps A Bit Sooner Than He Wanted
LAS VEGAS, NEVADA – OCTOBER 15: NASCAR driver Kurt Busch looks on during qualifying for the NASCAR … [+] Cup Series South Point 400 at Las Vegas Motor Speedway on October 15, 2022 in Las V...
Willy Adames Named Brewers’ MVP By Milwaukee BBWAA Chapter
MILWAUKEE, WISCONSIN – JUNE 26: Willy Adames #27 of the Milwaukee Brewers reacts to a double during … [+] the eighth inning against the Colorado Rockies at American Family Field on June 26...
New Chapter of Sandbox Game, RobotEra Project Is Officially Launched
Recently, an early blockchain sandbox game project was officially launched. Although the current crypto market has been hit hard, it still attracts a lot of attention. The so-called blockchain sandbox...
New Chapter of Sandbox Game, RobotEra Project Is Officially Launched!
Recently, an early blockchain sandbox game project was officially launched. Although the current crypto market has been hit hard, it still attracts a lot of attention. The so-called blockchain sandbox...
Bitcoin Mining Firm Compute North Files for Chapter 11 Bankruptcy – crypto.news
Compute North Holdings, a firm that offers data center services to cryptocurrency miners and blockchain firms, filed for bankruptcy in Texas. Compute North Applies for Bankruptcy Compute North, a Bit...
Mining firm Compute North Files for Chapter 11 Bankruptcy
Crypto mining firm Compute North has filed for Chapter 11 bankruptcy protection in a federal court. The bitcoin mining hosting provider had been struggling to survive due to the decline in bitcoin pri...
Tornado Cash is the latest chapter in the war against encryption
The sanctions imposed by the United States government on Tornado Cash have reignited a public debate on privacy. For many in the relatively young crypto community, such an intervention by the federal ...
Bob Kendrick Leads Negro Leagues Baseball Museum Into An Exciting New Chapter
LOS ANGELES, CALIFORNIA – JULY 18: Negro Leagues Baseball Museum president Bob Kendrick attends … [+] SiriusXM’s Black Diamonds Podcast at the SiriusXM Studios on July 18, 2022. (Pho...
Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 9, Part 1, Buy The Future)
Back to The Bitcoin Standard, today we’ll explain this sentence: “Bitcoin is the cheapest way to buy the future, because Bitcoin is the only medium guaranteed to not be debased, no matter how much its...
Cineworld Says Considering Chapter 11 Filing in U.S.
Text size Cineworld said Regal theaters were “open for business as usual and continue to welcome guests and members.” Jim Watson/AFP via Getty Images Cineworld Group , the owner of Regal C...
Chainlink Staking: A New Chapter in the LINK Economy
Key Takeaways Chainlink is crypto’s top decentralized oracle network, known for providing price data to power DeFi applications. The network is planning to launch a token staking and node delega...
Streaming Wars’ Latest Chapter Plays Out On Out-Of-Home Ads
An advertisement for Discovery+’s Shark Week in New York City. OUTFRONT The streaming wars have been well-documented over the past three years, as new launches and new patterns of consumer behav...
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 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 is Filing for Chapter 11 Bankruptcy ‘imminently’
One of the most popular crypto lending platforms, Celsius has reportedly filed for chapter 11 bankruptcy protection. In such form of bankruptcy, the debtor remains “in possession”, has the powers and ...
Crypto lender Celsius to declare Chapter 11 bankruptcy: CNBC
Crypto lender Celsius is preparing to file for Chapter 11 bankruptcy, CNBC reported Wednesday. The outlet reported that Celsius has begun informing state regulators, who have been investigating the ac...
Shaky Cryptocurrency Lending Platform Celsius Files for Chapter 11 Bankruptcy – crypto.news
In a media statement published late on Wednesday, Celsius Co-Founder & CEO Alex Mashinsky said, “This is the right choice for our team and organization.” “To guide Celsius through all this procedu...
Crypto lender Celsius declares Chapter 11 bankruptcy in New York
Crypto lender Celsius has declared Chapter 11 bankruptcy, court filings show. The firm declared assets between $1 billion and $10 billion, with an equal amount in estimated liabilities, according to t...