Browsing Tag
Bankruptcy
17 posts
WeWork’s Struggles Lead to Chapter 11 Bankruptcy
WeWork, previously a thriving office-sharing company, has taken the step of seeking Chapter 11 bankruptcy protection. This has…
BlockFi Exits Chapter 11 Bankruptcy, Moves to Enact The Plan
Cryptocurrency lending platform BlockFi announced that it has officially emerged from Chapter 11 bankruptcy. According to the details…
FTX Requests Dubai Unit Dismissal From Bankruptcy Affair
FTX recently submitted court filings to request the judge to omit its Dubai arm from its bankruptcy proceedings…
Bittrex Crypto Exchange Files for Chapter 11 Bankruptcy
The Bittrex Crypto Exchange officially filed for bankruptcy in Deleware Monday. This comes just under a month after…
Richard Branson’s Virgin Orbit Files For Chapter 11 Bankruptcy
Richard Branson’s aerospace company Virgin Orbit Holdings (VORB.O) has filed for Chapter 11 bankruptcy. The company did not…
Cryptocurrency Lender Celsius Didn’t Record ~7000 Transfers Worth Billions
Pending court procedures, hearings and other developments pertaining to cryptocurrency companies that crashed last year have been taking…
Sam Bankman-Fried’s FTX Paid $20.3M to Lawyers During Initial Bankruptcy Months
Numerous businesses were impacted by Sam Bankman-Fried’s FTX’s demise, a demise which also shocked the cryptocurrency community. After…
FTX To ‘Remove’ Turkish Units From Bankruptcy Case?
FTX is looking to eliminate Turkish units from its bankruptcy case equation. According to a filing made on…
Top 50 Genesis Creditors Entitled to $3.5B
Cryptocurrency lending firm Genesis officially filed for Chapter 11 bankruptcy a couple of hours back. As reported earlier…
FTX: Judge Allows Creditor Names to Remain Sealed for the Moment
The FTX event was one of the most devastating falls of 2022. It has been painful for the…