Bankrupt
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Markets
Bankrupt crypto lender Genesis sues Gemini to recover $689M worth of ‘Preferential Transfers’
Bankrupt crypto lending platform Genesis Global Capital has filed a lawsuit against cryptocurrency exchange Gemini Trust to recover $689 million…
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Markets
WOO Network buys back shares and 20M tokens from bankrupt 3AC
WOO Network repurchases 20 Million WOO Tokens from 3AC. Woo has also cancelled shares purchased by the Three Arrows Capital…
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Markets
Bankrupt CeFi firm Haru Invest hints at asset recovery
Bankrupt South Korean yield platform Haru Invest says it will return users’ assets, although no particular timeframe is given. In…
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Markets
Bankrupt Celsius to spend $24M from GK8 sale on legal expenses
Bankrupt cryptocurrency lending firm Celsius has requested the court to grant relief in the motion related to the distribution of…
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Markets
Creditors for bankrupt Voyager Digital billed $5.1M in legal fees
New York-based law firm McDermott Will & Emery filed for compensation of $5.1 million from the creditors of bankrupt crypto…
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Markets
US DOJ opposes bankrupt Bittrex’s plan to repay customers ahead of credited fines
The United States Justice Department (DOJ) has filed an objection to a motion by bankrupt cryptocurrency trading platform Bittrex to…
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Markets
Bankrupt crypto hedge fund 3AC’s NFT auction fetches $2.5M
The auction for parts of bankrupt Singaporean cryptocurrency hedge fund Three Arrows Capital’s (3AC) nonfungible tokens (NFT) collection fetched $2.5 million…
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Markets
Bankrupt crypto exchange QuadrigaCX to start ‘interim distribution’ of funds
According to a May 8 post by Miller Thomson, the law firm representing users of the defunct cryptocurrency exchange QuadrigaCX,…
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Markets
FTX seeks to claw back $4B from Genesis in a battle of the bankrupt
Cryptocurrency exchange FTX is seeking to recover around $4 billion from similarly bankrupt crypto lender Genesis and a still-solvent British…
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Markets
FTX advisors billed the bankrupt firm for a whopping $103M in Q1
The lawyers and consulting firms assisting cryptocurrency exchange FTX through its bankruptcy proceedings are set to cash in a total…
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