The years-long wait for creditors of the long-defunct bitcoin exchange Mt. Gox may be one step closer to completion, according to a memo. Trustee Nobuaki Kobayashi wrote that Mt. Gox creditors will h...
Tag: Creditors
Mt Gox Saga Nears End of the Road — Creditors Required to Register With Exchanges, Bitstamp Selected by Trustee – Bitcoin News
Mt Gox creditors have been issued new information concerning their claims and it seems they now have until January 10, 2023 (Japan time) to register for a repayment method. The latest notice says that...
Mt.Gox Sets Jan 10 as Deadline for Creditors to Register for Compensation
There seems to be a beam of light for customers of bitcoin exchange operator Mt.Gox as a date has been set for creditors to register and choose a repayment plan for them to recover their lost funds. A...
Mt. Gox Creditors Have Until January 2023 to Select a Repayment Method
Mt. Gox creditors could be one step closer to reclaiming their funds after nearly a decade of waiting. This is as the Rehabilitation Trustee has released a deadline for them to select their preferred ...
Mt. Gox Trustee Sets Registration Deadline for Creditors to Receive Their Bitcoin (BTC)
– Advertisement – Creditors of the defunct cryptocurrency exchange Mt. Gox take another step closer toward receiving their funds. The trustee handling Mt. Gox bankruptcy proceedings, Nobu...
Mt. Gox Bitcoin Exchange Creditors Can Now Register To Select a Repayment Method
The Mt. Gox Bitcoin exchange rehabilitation system has released a new function that allows creditors to select a repayment method and register payee information. The Mt. Gox rehabilitation system now ...
Creditors Of Celsius Move To Equities First For Repayment
Creditors Of Celsius Move To Equities First For RepaymentEquities First still owes $439 millionSeptember 30, 2022Crypto lending firm Celsius creditors have moved to subpoena-based Equities First...
Celsius Creditors moves to recoup $439M through EquitiesFirst subpoena
Celsius’ Committee of Unsecured Creditors has filed a motion asking the bankruptcy court to issue a subpoena to EquitiesFirst Holdings (EHF) for failing to repay approximately $439 million owed to Cel...
Celsius Chief Pressured by Creditors as FTX Eyes Assets
The group intends to pursue actionable claims against Mashinsky and other Celsius insiders FTX CEO Sam Bankman-Fried is reportedly eyeing the bankrupt crypto lender’s assets Celsius’ former CEO Alex M...
CoinFlex creditors overwhelmingly back restructuring plan in early voting
CoinFlex’s creditors have overwhelmingly backed the Seychelles-based crypto exchange’s restructuring plans in the early hours of voting on the proposals. After almost five hours of voting...
CoinFlex Creditors Backs Company’s Restructuring Plans
With the embattled cryptocurrency trading platform, CoinFlex may be getting headway with its restructuring plans as most of its creditors are backing the idea, as revealed in early voting. According ...
Coinflex plans give 65% of company to creditors as part of restructuring proposal
Cryptocurrency exchange CoinFlex announced a structuring proposal in response to user feedback following the platform experiencing liquidity issues. In a Wednesday blog post, CoinFlex said under the p...
CoinFLEX Invites Creditors to Take the Biggest Part of Them
CoinFLEX has proposed a restructuring plan that would see creditors own 65% of the company. The plan, which faces a vote next week, would result in series A shareholders losing their stake in the comp...
CoinFLEX Announces Restructuring Proposal, Allocating 65% Shares to Creditors
CoinFLEX on Wednesday announced a restructuring proposal and the next immediate steps the crypto exchange will take. The company released a term sheet in which it said that creditors will own 65% of t...
Court orders Brazil’s ‘bitcoin pharaoh’ to deposit $3.7 billion to pay back creditors: O Globo
A Rio de Janeiro federal court judge has ordered Brazil’s so-called “Bitcoin Pharaoh” Glaidson Acácio dos Santos to pay 19 billion Brazilian reais (nearly $3.7 billion) to a business court, with the a...
When Mt. Gox Bitcoin Creditors Get Repaid Will They Buy Tamadoge?
Join Our Telegram channel to stay up to date on breaking news coverage Mt. Gox, a Bitcoin exchange platform that got hacked eight years back, has proclaimed that it will reimburse its users in due cou...
Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’ – Bitcoin News
On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates...
Creditors file fresh suit against Celsius seeking $22.5M reimbursement
A new group of creditors has filed a lawsuit against Celsius Network seeking repayment of roughly $22.5 million held in the company’s custodial account. On Aug.31, an ad hoc group of 64 individuals re...
Mt. Gox Creditors Debunk Rumours Of An Imminent Massive BTC Dump ⋆ ZyCrypto
Advertisement     Several Mt. Gox creditors have dispelled rumours of a plan by the exchange to release a considerable stash of Bitcoins owed to creditors later this m...
Mt. Gox creditors dismiss rumors of massive Bitcoin dump
As rumors about an upcoming Bitcoin (BTC) dump float on Twitter, Mt. Gox creditors took to Twitter to say that these are all false, with one highlighting that the defunct exchange’s repayment system i...
Voyager Digital’s Creditors and Debtors Different Opinions on Employee Retention
Earlier this month, beleaguered crypto firm Voyager Digital asked the US Bankruptcy court at the New York Southern District for approval on KERP. Within the filed motion, the firm sought the court’s c...
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 say it should be culling staff not bribing them to stay
Creditors of bankrupt crypto lender Voyager Digital say the company should be looking to slash its workforce rather than pay its employees “retention awards,” according to a motion filed in a New York...
Voyager Digital’s creditors oppose retention bonus for employees
Bankrupt crypto-lender Voyager Digital has run into trouble again, this time drawing flak from its creditors. The Official Committee of Unsecured Creditors of Voyager Digital has filed an objection ag...
Creditors of Voyager Digital File Petition Over Retention Proposal
6 hours ago | 2 mins read Defi News Voyager Digital filed an application with the United States Bankruptcy Court. The creditors of the exchange, however, did not agree with the plan. The Unsecured Cre...
Voyager creditors oppose $1.9M employee retention proposal
Voyager Digital Holdings’ committee of unsecured creditors has filed a motion to object to the firm’s proposal to keep its employees by paying them monetary awards for staying in the company. O...
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 creditors rejects bonus plan for 38 employees
Voyager Digital creditors have opposed its move to pay employees “retention awards,” according to an August 19 court filing. Bonuses worth $1.9M Voyager had asked the bankruptcy court to approve a $1....
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...
Crypto Exchange Zipmex Granted 3-Month Protection from Singapore Court against Creditors
Zipmex, Asia’s leading digital asset exchange, said it has won creditor protection from the Singapore High Court for more than three months, gaining time to address liquidity issues. ZipmexX sus...
Report Singapore High Court Grants Troubled Zipmex 3-Month Relief from Creditors’ Action
The Singapore High Court on Monday granted crypto exchange Zipmex protection from creditors until December 2. Zipmex had asked the court for bankruptcy protection on July 22 and more time for debt res...
Celsius Creditors Move to Block Company From Selling Mined Bitcoin
Celsius Network’s unsecured creditors have been pressing the company on “potential misconduct by Celsius and its insiders.” During a hearing in the Chapter 11 bankruptcy proceeding today, the committe...