Voyager creditors committee on Friday said it will work with Debtors to challenge any appeal against the Bankruptcy Court’s approval of Binance.US bid to acquire Voyager Digital assets. The move comes...
Tag: Creditors
MtGox Creditors to Wait as Repayment Deadline Gets Postponed
After months of waiting and the most recent hope that repayment will start trickling in for MtGox creditors, the wait is now billed to be elongated by approximately one month. As detailed in an announ...
Creditors of Mt. Gox Get One Month Extension For Registering Claims
7 seconds ago | 2 mins read Exchange News Asset distribution to creditors will now begin on October 31st, not September 30th. After the 2014 hack of the exchange, creditors have been waiting patiently...
Mt. Gox Creditors Given Extra Month to Register Claims, Distribution Deadline Delayed
Mt. Gox was a cryptocurrency exchange that was situated in Tokyo. At one point in time, it was responsible for more than 70% of all Bitcoin transactions. In 2014, the exchange suffered a hacking attac...
Mt. Gox Sets Deadline for Creditors Ahead of Estimated $3,080,678,698 in Bitcoin (BTC) Payout
Creditors of the defunct crypto exchange Mt. Gox are receiving an extended deadline to comply with the requirements needed to receive a payout under the platform’s bankruptcy rehabilitation plan. Mt. ...
Mt. Gox Creditors Can Now file For Claims Until April
In a recent development, the Rehabilitation Trustee has pushed the registration deadline for claims against Mt. Gox for another month. The deadline was initially set for March 10 but will now be April...
Deadline Approaching: Mt Gox Trustee Sets Final Cut-off Date for Creditors to Claim Over $3 Billion in Recovered Bitcoin
– Advertisement – The Tokyo bankruptcy court trustee for the defunct Japanese bitcoin exchange Mt Gox, Nobuaki Kobayashi, has published a letter stating that creditors have until March 10,...
Embattled Billionaire Hui Ka Yan Can’t Reach A Deal With Evergrande’s International Creditors
Hui Ka Yan speaks during a news conference on the sidelines of the fourth session of the 12th National People’s Congress in 2016 in Beijing. Etienne Oliveau/Getty Images Hui Ka Yan has made repe...
Mt Gox Trustee Sets Final Cut-off Date for Creditors to Claim Over $3 Billion in Recovered Bitcoin – Bitcoin News
The Tokyo bankruptcy court trustee for the defunct Japanese bitcoin exchange Mt Gox, Nobuaki Kobayashi, has published a letter stating that creditors have until March 10, 2023 (Japan Time) to register...
Mt. Gox Creditors Have Until Friday to File Repayment Claims
Nobuaki Kobayashi, the Rehabilitation Trustee for collapsed Japanese Bitcoin exchange Mt. Gox, told former customers that they have until Friday to register their claims for repayment under the rehabi...
Mt. Gox creditors have until March 10 to register and choose repayment method
Creditors from Mt. Gox have until the end of the week to register and select a repayment method as part of the plan by which they will be compensated for their losses with the defunct crypto exchange....
Babel Finance Mulls New Token Launch to Repay Creditors
Babel Finance, the Hong Kong-based crypto lending platform, plans to introduce a decentralized stablecoin that will be used to repay the firm’s creditors, according to a Bloomberg report. The firmR...
Babel wants to repay creditors via special ‘recovery coins’: Report
Babel Finance, one of cryptocurrency lending firms shaken by the bear market of 2022, is exploring new restructuring opportunities involving minting a new token. Babel co-founder Yang Zhou is planning...
137,890 BTC Payout For Mt Gox Creditors; BTC Sell off Ahead?
Bitcoin News: The world’s largest cryptocurrency, Bitcoin (BTC), is on a downward trend over the past 30 days due to uncertainty generated by the US SEC probes and the Silvergate crisis. However, the ...
Babel proposes new stablecoin to repay $766m to creditors
After recording massive losses last year, financial service provider Babel Finance proposed developing a new stablecoin to generate revenue to repay $766 million to its creditors. The plan involves cr...
Celsius creditors tout NovaWulf deal as ‘best’ option
Legal • March 1, 2023, 5:57PM EST The Official Committee of Unsecured Creditors in the Celsius bankruptcy case said a proposed sale to NovaWulf Digital Management is “the best” option, according to a ...
Mt. Gox creditors may finally start seeing their bitcoins this month
Mt. Gox creditors may start seeing their first bitcoin payments this month as the window for repayments is set to open. Creditors are expected to receive early repayments from March 10 onward, w...
Vauld Creditors Frustrated as Court Extends Moratorium
The Singapore High Court has granted bankrupt crypto exchange Vauld until March 24, 2023, to develop a new plan to reimburse creditors after its acquisition deal with Nexo fell through. The ruling com...
BlockFi Accuses Creditors of Being ‘Divorced From Reality’
Troubled crypto lender BlockFi has temporarily halted its plan to return certain cryptocurrencies to users amid its ongoing bankruptcy proceedings. The firm is currently negotiating with creditors ove...
Genesis creditors file to restrict bankrupt’s firm intercompany transactions
Genesis’ committee of unsecured creditors filed an objection to the bankrupt’s lender request to continue intercompany transactions, according to a Feb. 20 court filing. The creditors argu...
Voyager creditors subpoena more executives from FTX and Alameda
Voyager creditors have summoned top executives from FTX and Alameda Research to a deposition on 23 February. A decline in buying pressure for VGX will result in a further price decline. In a new court...
FTX and Alameda Research execs subpoenaed by Voyager creditors
Representatives for Voyager Digital’s unsecured creditors’ committee have requested that former FTX CEO Sam Bankman-Fried (SBF) and several top executives from FTX and Alameda Research appear in court...
Unsecured Voyager Creditors Subpoena FTX Executives
After the FTX Group unceremoniously attempted to claw back the repayment of Alameda’s loan to Voyager, lawyers on the side of the struggling crypto platform have responded with a two-part salvo of leg...
Voyager Creditors Go After SBF and Other FTX Executives
Representatives of unsecured creditors for Voyager Digital have subpoenaed former FTX CEO Sam Bankman-Fried (SBF) and other top executives of the bankrupt crypto exchange. According to a Feb. 18 court...
Voyager creditors serve SBF a subpoena to appear in court for a ‘remote deposition’
Representatives for Voyager Digital’s unsecured creditors have requested that former FTX CEO Sam Bankman-Fried (SBF) and several top-level executives from FTX and Alameda Research provide documents an...
Voyager Bankruptcy: Former FTX CEO Sam Bankman-Fried Served Deposition Subpoena By Creditors
The current legal saga facing FTX former CEO Sam Bank-Friedman shows no signs of abating, with new cases weekly. The latest reports say that the FTX founder has been served a subpoena to testify at a ...
Mt. Gox top creditors opt for early bitcoin payout
The two largest creditors of the Mt. Gox crypto exchange have opted for an early payout in bitcoin rather than fiat currency. According to a Bloomberg report, Mt. Gox Investment Fund (MGIF) picked an ...
Here’s Why Mt Gox’s Largest Creditors Want to Get Paid in Bitcoin: Report
The largest creditors of bankrupt cryptocurrency exchange Mt. Gox have chosen a payment option that will allow them to receive a lump sum of their recovery payout in bitcoins rather than fiat. The cre...
Mt. Gox’s 2 Largest Creditors Pick Payout Option That Won’t Force Bitcoin Sell-Off: Sources
Creditors have waited nearly a decade to get a portion of their money back after Mt. Gox – one of the first and, at one time, the largest crypto exchange in the world – was hacked in 2014. Hackers mad...
Mt. Gox’s leading creditors opt for Bitcoin payment that guarantees 90% of funds owed
Ad The two largest creditors of Mt. Gox, the now-defunct cryptocurrency exchange that got hacked in 2014 — leading to the loss of 850,000 BTC — have chosen an early lump sum payment option that will n...
Celsius Creditors to Sue Executives for Fraud
It has been proposed by the official committee of Celsius creditors that a lawsuit be filed against the company’s co-founder Alex Mashinsky and other executives for “fraud, recklessness, g...
NovaWulf Digital Will Acquire Bankrupt Celsius, Here’s How They Plan to Pay Their Creditors
An agreement in principle has been reached for NovaWulf Digital Management to acquire bankrupt cryptocurrency company Celsius. Out of the more than 130 bids it received during its bankruptcy case, Cel...