The United States Department of Justice (DOJ) has filed an appeal against the latest decision in the case for the selling of assets between Voyager Digital and Binance.US. On March 8, the U.S. Trustee...
Tag: Trustee
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,...
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...
US trustee appeals FTX bankruptcy judge’s ruling to deny appointment of independent examiner
Lawyers for Andrew Vara, the United States Trustee representing the interests of the Department of Justice in crypto exchange FTX’s bankruptcy proceedings, has filed an appeal against a federal judge’...
Celsius’ extension request denied by US trustee and creditors as cash burn continues
Several parties have objected to bankrupt crypto lender Celsius’s motion to extend its timeline for filing a Chapter 11 restructuring plan once again. The crypto lender, which filed for Ch...
DOJ-Appointed US Trustee Objects to Subpoena Request in FTX Bankruptcy Case – Bitcoin News
Following a request from FTX lawyers to subpoena FTX co-founder Sam Bankman-Fried (SBF) and members of his family, the U.S. Trustee appointed by the Department of Justice has filed an opposition to th...
Voyager Victim Files Motion to Appoint External Trustee
Voyager creditor and financial lawyer Michelle DiVita has filed a motion to have a trustee appointed to handle the crypto lender’s estate. The collapse of the Terra ecosystem was one of the most signi...
Voyager creditor requests trustee to take control of the firm’s estate
A voyager creditor, Michelle DiVita, is reportedly calling for a Chapter 11 trustee to seize the bankrupt firm’s estate. DiVita also accused Voyager Digital of misinforming the public about the compan...
Voyager creditor files Motion for Chapter 11 trustee
A Voyager creditor — Michelle D. DiVita — filed a motion to appoint a Chapter 11 trustee in the Voyager Digital Holdings, Inc., et al. bankruptcy case, according to court filings. In DiVita’s prelimin...
US trustee files objection to FTX’s choice of lawyers
A U.S. trustee has filed an objection to FTX hiring the New York law firm Sullivan and Cromwell. The filing by U.S. Trustee Andrew Vara, dated Jan. 13, claimed potential conflicts of interest due to ...
A US Trustee Has Opposed FTX’s Asset Sales, Demands an Independent Investigation
According to Reuters, a US Trustee has opposed FTX’s proposed asset sales, per a court filing. The troubled cryptocurrency exchange FTX intended to market its LedgerX clearinghouse, futures contracts ...
U.S. trustee objects to FTX’s plans of selling strategic assets
A United States trustee filed a legal objection on Saturday to stop FTX’s plans to liquidate some of its installations and critical assets, including a clearing house LedgerX and its subsidiaries in J...
US trustee objects to FTX’s planned sale of LedgerX and other units: Reuters
A U.S. trustee filed an objection to FTX’s plan to sell the company’s LedgerX as well as FTX units in Europe and Japan. FTX filed for bankruptcy protection in November, amid mountin...
FTX asset sales challenged by U.S. Trustee: Report
Bankrupt crypto exchange FTX’s plans to sell its digital currency futures and clearinghouse LedgerX, among other businesses, were challenged by the U.S. Trustee on Jan. 7, according to Reuters. ...
Does It Ever Make Sense to Name a Bank As Trustee of Your Trust?
Should You Name a Bank as Trustee of Your Trust? A trust is an excellent way to bestow wealth, but disbursing money to your beneficiaries hinges on a crucial party: the trustee. Your trustee’s financi...
US Trustee names Wintermute on creditor committee in FTX bankruptcy case
A United States Trustee has announced nine creditors to the committee responsible for part of crypto exchange FTX’s bankruptcy proceedings. According to court documents filed Dec. 15, U.S. Trustee And...
FTX was the ‘fastest’ corporate failure in US history — Trustee calls for probe
The United States Trustee handling FTX’s bankruptcy proceedings has referred to the now-defunct exchange as the “fastest big corporate failure in American history,” and is calling for an independent p...
US Trustee Plans to Appoint an Examiner to FTX Case, While SBF Describes Strange Margin Trading Practices – Bitcoin News
On Dec. 1, 2022, an attorney for the U.S. Trustee submitted a written letter to Delaware bankruptcy court officials that seeks to establish an independent examiner to investigate the FTX Chapter 11 ba...
FTX was the “fastest” company collapse in American history, says U.S. Trustee.
The United States Trustee who is in charge of the bankruptcy case involving FTX has submitted a motion requesting that the court appoint an independent examiner. The United States Trustee who is condu...
U.S. Trustee asks bankruptcy court to appoint FTX trustee
The U.S. Trustee has asked a Delaware bankruptcy court to appoint an examiner in the ongoing FTX bankruptcy case. In a Dec. 1 court filing, the U.S. Trustee cited a “virtually unprecedente...
El Salvador’s Bitcoin purchase information can’t be made public: Trustee
Ever since El Salvador legalized Bitcoin (BTC) as mainstream tender, President Nayib Bukele used Twitter on numerous occasions to announce the country’s BTC acquisitions. However, ALAC El Salvador — a...
Celsius Network continues to be in trouble, Trustee rejects $3 million Employee Bonus Move
Trustee who is in charge of the celsius chapter 11 bankruptcy case opposed to the retention bonus worth $2.96 million The Trustee has opposed to a move by the company that would have given 62 of...
Celsius bankruptcy case trustee slams $3M employee bonus motion
The United States trustee overseeing the Celsius Chapter 11 bankruptcy case, William Harrington, has objected to a Celsius motion that would see 62 of its 275 employees paid a retention bonus totaling...
Celsius Bankruptcy Case Trustee Criticizes $2.96M Bonus Scheme
8 seconds ago | 2 mins read Defi News In its Oct. 27 supporting statement for the objection, the trustee harshly criticized Celsius. Paying executives more in anticipation of a reorganization may seem...
Is CEL yet again in trouble as court-appointed Trustee blasts Celsius for…
William Harrington, the U.S. Trustee appointed by the court for Celsius Network’s bankruptcy proceedings has criticized the crippled crypto lender for a motion it filed earlier this month. Bonus propo...
US Trustee opposes Celsius’ $2.9M employee bonus plan
The United States Trustee has opposed Celsius’s request to pay up to $2.9 million as retention bonuses to employees involved in the bankruptcy process. Celsius Network had filed a motion to implement ...
Mt. Gox Trustee Sets January 2023 As Deadline for Creditors To Register and Select Repayment Method
A trustee of defunct crypto exchange platform Mt. Gox is setting a date for creditors to register and choose their preferred reimbursement method. According to a recent company press release, those ow...
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 trustee sets registration deadline of Jan. 10 for repayment selection
Users of the Mt. Gox exchange may be one step closer to getting their funds back after trustee Nobuaki Kobayashi announced the options for repayment. Creditors from the defunct crypto exchange Mt. Gox...
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...