Gemini Earn creditors are fuming over a proposed reorganization plan that could see their promised Bitcoin (BTC) payouts effectively slashed to about 30% of what they’re worth at current market...
Gemini Earn creditors are fuming over a proposed reorganization plan that could see their promised Bitcoin (BTC) payouts effectively slashed to about 30% of what they’re worth at current market...
The embattled crypto lender is seeking final court approval for a restructuring plan that will start repaying creditors before the end of 2023. 2060 Total views 14 Total shares Embattled...
The approval is seen as a milestone moment for BlockFi's 100,000-plus creditors, who have been long awaiting repayment. 1619 Total views 15 Total shares The customers of bankrupt cryptocurrency lending...
BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud. 4020 Total views 40 Total shares Bankrupt cryptocurrency lender BlockFi is trying to block attempts by...
While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a costly legal battle. 1172 Total views 9 Total shares Own...
Digital Currency Group (DCG) plans to hand its equity stake in Genesis’ trading arm to Genesis Global, which will then be sold, pending court approval. 4277 Total views 12 Total...
Bankrupt crypto exchange FTX has announced it will be “resuming ordinary” cash payments, salaries and benefits to its remaining employees around the world.The announcement came from new FTX CEO John...