FTX Debtors states that the crypto transferred to the Bahamas Securities Commission was valued at $296 million This number falls short of the billions of dollar claim made by the commission FTX Debtor...
Tag: debtors
FTX Debtors will seek return of crypto held by Bahamas regulator
FTX Trading and its affiliated debtors said Friday that they would seek the return of crypto controlled by the Securities Commission of the Bahamas to their chapter 11 estates for the benefit of credi...
FTX debtors attempt to seal corporate identities to obfuscate bankruptcy proceedings
According to documents filed on Dec. 12, the Debtors of FTX are attempting to obfuscate the bankruptcy hearing by continuing to insist all individual and corporate client identities are sealed unless ...
Bankruptcy Law Doesn’t Allow Debtors To Escape Student Debt: The Law Should Change
It’s difficult to conceive of a way to address the student debt issue in a way that would satisfy both conservative and liberal politicians, but a nascent movement to allow people to discharge s...
Celsius Debtors Request Court To Block Stablecoin Sales – crypto.news
The committee of unsecured creditors for Celsius is suing the troubled crypto lender once more, this time over its intentions to sell off its stablecoins. According to creditors, the lender hasn’t pro...
Celsius Network Conditionally Not to Enforce Debtors to Pay for Outstanding Loans
Beleaguered digital currency lender Celsius Network has revealed that it was not planning to ask its debtors to pay their outstanding loans during its Chapter 11 bankruptcy proceedings. Over the weeke...
Legal Battle Continues as Debtors File Motion to Enforce Automatic Stay – crypto.news
Celsius Network troubles continue as court proceedings continue today as the Court issued a notice of hearing Debtors’ motion to enforce the automatic stay and for civil CONTEMPT2. Latest Court Filin...
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...