The Mt-Gox creditors, currently are experiencing a sign of relief as according to the recent update, attorney Nobuaki Kobayashi, trustee in the Mt.Gox confirmed the distribution of 150K Bitcoin. The c...
Tag: Creditors
Can Repayment to Mt. Gox Creditors Lead to Another Bitcoin (BTC) Crash?
On Wednesday, July 6, Mt. Gox Trustee announced that they would be repaying the creditors of the defunct cryptocurrency exchange. Toky-based Mt. Gox, once the biggest crypto exchange, suspended all tr...
Mt. Gox prepares to pay creditors
Today, Thursday, 7 July 2022, Mt. Gox’s bankruptcy trustee sent a letter to creditors saying they are preparing to make repayments. Refunds are coming for those caught up in the Mt. Gox scandal Mt. G...
Ledn to Save BlockFi, Creditors Call for Three Arrows Liquidation, El Salvador Buys 80 BTC – crypto.news
Earlier today, reports emerged that Ledn, a Canada-based lending network offered to help save BlockFi from its troubles. In other news, Deribit and Blockchain.com call for liquidation of 3 Arrows Capi...
Deribit is part of creditors that made 3AC liquidation calls
Three Arrows Capital (3AC) liquidation court filings show that Deribit was one of the creditors that pushed for the crypto hedge that made the liquidation move, Financial Times reported on July 1. Thr...
Deribit and Blockchain.com Creditors Who Pushed for 3AC Liquidation
Deribit and Blockchain.com exchanges were among the creditors who pushed for the liquidation of embattled crypto hedge fund Three Arrows Capital (3AC). On June 11, 3AC breached a stipulation of its ag...
Blockchain.com, Deribit Among Creditors That Pushed for 3AC Liquidation: Report
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Drugmaker Endo Faces Bond Decision as Creditors Mull Bankruptcy
(Bloomberg) — Endo International Plc, the latest drugmaker impaired by opioid lawsuits, must decide whether to skip more than $90 million in interest payments as it contemplates a potential bank...
Coinbase Junk Bonds Are Plummeting Due To Market Turmoil And Creditors Concerns
Coinbase CEO Brian Armstrong, on the other hand, tried to assuage anxieties by saying on Twitter that we have no chance of bankruptcy, but we introduced a new risk element based on an SEC rule called ...
Coinbase junk bonds tank amid market rout and creditors’ fears
The price of Coinbase’s junk bonds are tanking amid an underwhelming performance in Q1 and fears over what could happen in the event of a bankruptcy. According to bond trading data from Trace Bonds, b...
Russia’s Creditors May Have To Choose Between Getting Paid In Rubles Or Not Getting Paid At All
The Kremlin says it’s prepared to make debt payments in rubles, with the U.S. Treasury blocking access to its dollars. Getty Russia’s creditors face the unappetizing prospect of accepting debt p...
Defunct exchange Mt. Gox To Distribute $6 Billion Worth Of BTC To Creditors
Former Chief Executive Officer of crypto exchange Mt.Gox, Mark Karpeles has announced plans to redistribute $6 billion worth of Bitcoin (BTC) to creditors. This is coming only a few days after he sent...
Mt. Gox ex-CEO announce plans to repay creditors
TL; DR Breakdown Mt. Gox ex-CEO to repay creditors Mt. Gox reserve BTC is now worth $6 billion Analysts warn traders of irresponsibility The former CEO of crypto exchange Mt. Gox, Mark Karpeles, has a...
Russia says it avoided default on its $40 billion sovereign debt, but creditors say they haven’t been paid yet
Russia’s finance ministry said it deposited a $117 million interest payment on two dollar-denominated bonds due Wednesday, despite global ratings agencies predicting the country may be heading f...
Scrambling to avert Russian default, Putin allows ruble payments to creditors
Russia and Russian companies will be allowed to pay foreign creditors in rubles, according to a decree signed by President Vladimir Putin on Saturday, as a way to stave off defaults while capital cont...
Putin Aims to Avert Defaults With Ruble Payment to Creditors
(Bloomberg) — Russia and Russian companies will be allowed to pay foreign creditors in rubles, according to a decree signed by President Vladimir Putin on Saturday, as a way to stave off default...
Belarus Creditors Rush to the Exit as Sanctions Hit Russian Ally
(Bloomberg) — Belarus bond investors are rushing to the exit as the nation gets hit with more sanctions for its involvement in the Ukraine conflict. Most Read from Bloomberg Holders of the count...
USGFX Administrator Receives AU$357 Million in Creditors Claims
BRI Ferrier, the administrator of doomed retail forex broker Union Standard International Group Pty Ltd, published an update of its proceedings on Tuesday, revealing that it has received approximately...