creditors
-
Hodlnaut Creditors Consider Liquidation Over Restructuring
According to reports, according to a court document released by the judicial administrator of the bankrupt cryptolending platform Hodlnaut, several of Holdnaut\’s largest creditors
-
Understanding Digital Currency Group’s Mediation Motion Against Genesis
According to reports, Digital Currency Group (DCG) issued a statement regarding the filing of a mediation motion against Genesis, stating that two months after the parties agreed t
-
The Titanic Failure of Zipmex’s Rescue Investors and the Plight of Its Creditors
According to reports, Zipmex\’s rescue investors have failed to fulfill their 100% promise, and V Ventures now only wants to repay Zipmex creditors 10 to 20 cents of debt per dollar
-
FTX Japan May Reopen Following Canceled Auction
On April 11th, FTX creditors tweeted citing disclosure documents stating that the reason for FTX Japan\’s cancellation of the auction was due to its plan to restart. The document sh
-
CoinFLEX’s Latest Announcement: Asset Distribution and LUSD Suspension
On April 1st, according to the latest announcement, CoinFLEX will start distributing relevant assets to creditors according to the approved restructuring terms next week, and all L
-
CoinFLEX to Distribute Assets to Creditors Following Approved Restructuring Terms
On April 1st, according to the latest announcement, CoinFLEX will start distributing relevant assets to creditors according to the approved restructuring terms next week, and all L
-
The Story Behind OKX’s $157 Million Frozen Assets Transfer to Creditors
According to reports, Oi OKX announced that it would transfer approximately $157 million of frozen assets related to FTX and Alameda to creditors. After the FTX crash in November 2
-
FTX sent an email stating that the deadline for claim application has not been determined
According to reports, FTX Notification sent an email to some creditors, including customer codes and claimed assets, emphasizing that the court has not set a deadline for submittin
-
Protection Period for Creditors of Vauld Cryptocurrency Lending Platform Extended to April 28
It is reported that the protection period for creditors of Vauld, a cryptocurrency lending platform, has been extended again to April 28.
Vauld received another creditor protection -
Genesis, the Bankruptcy Lending Platform, Requests Creditors to Provide Debt Data and Holds an Auction
According to reports, according to bankruptcy court documents, the bankruptcy lending platform Genesis has requested creditors to explain how much the company owes them before the deadline of May 22, and has requested an auction to be held by the deadline of June 27. Bidders considering the acquisition of Genesis must indicate their interest by May 5th. Genesis requires creditors to submit the amount owed by May 22 Analysis based on this information:The bankruptcy lending platform, Genesis, has recently requested its creditors to provide documentation indicating solely how much the company owes them. This data needs to be submitted to the authorities before the deadline of May 22. Moreover, the company has also requested an auction to be held by the deadline of June 27 for the investors to take hold of the company swiftly. As it appears, Genesis has begun taking the necessary steps to address its precarious financial situation. It is evident from this information that Genesis plans…
-
FTX Trading faces historic bankruptcy with over 1.4 million international creditors
On March 16th, a Twitter user claiming to be a FTX creditor, @ AFTXcredit, said on Twitter that FTX Trading released a creditor form yesterday, with over 2000 pages of PDF files containing each customer’s ID and final account balance. Based on these documents, it is estimated that the number of international FTX creditors is approximately 1.4 million. This is a creditor, not a customer. There are 9.7 million customers. As far as I know, this has made FTX the largest bankruptcy case in history with the largest number of creditors. Note that the customer ID in the file is not a user ID (UID), so if you want to query, you can only check the account balance. Twitter users: The number of international FTX creditors is approximately 1.4 million Analysis based on this information:On March 16, a Twitter user claiming to be an FTX creditor shared alarming news about the company’s current bankruptcy situation. According to @AFTXcredit, FTX Trading…
-
Mt. Gox to Repay Creditors from March 10
It is reported that PeckShield statistics show that Mt.Gox creditors may receive repayment from March 10. It is not clear how much Bitcoin will be distributed …
-
Judge rules against SEC objections, Binance US/Voyager acquisition likely approved
It is reported that the judge rejected the objection of the SEC and other regulatory agencies to the acquisition of Voyager by Binance US at the hearing, and c…
-
Mt. Gox creditors to receive first payment in Bitcoin
It is reported that according to a statement in January, with the arrival of the repayment window, the creditors of Mt. Gox may begin to see their first paymen…
-
Vauld Seeks Further Extension of Legal Protection for Creditors
It is reported that at the hearing of the Singapore High Court on Monday, Vauld, a cryptocurrency lending institution, obtained further extension of legal prot…
-
BlockFi’s Dispute with Creditors Leads to Postponement of Digital Asset Return Proposal
It is reported that according to the order of Michael Kaplan, the US bankruptcy judge, BlockFi\’s proposal to return the digital assets in the customer\’s wallet…
-
Mt. Gox creditors choose Bitcoin over legal currency to collect claims: impact on Bitcoin market
According to reports, according to people familiar with the matter, the two largest creditors of Mt. Gox, a crypto exchange that collapsed nine years ago due t…
-
Auros Global Falls Victim to FTX Bankruptcy, but Receives Relief from M11 Credit
It is reported that the crypto trading company Auros Global is the victim of the bankruptcy of the crypto exchange FTX. Its main creditor, M11 Credit, said in …
-
Zipmex sends new plan to creditors for approval
On February 16, Zipmex said in its announcement that it had sent a new plan to eligible creditors of all companies through its plan manager KordaMentha. Credit…