Creditors Financial News

13.01 / 00:47

UPS Digital Fallout creditors Ft Crypto lender Genesis Crypto lender Genesis owes creditors $3bn - FT

Genesis parent Digital Currency Group (DCG) is considering selling some of the assets in its venture portfolio to raise money to help pay off the creditors, says the FT, citing sources. Earlier this month, Genesis laid off about 30% of its workforce as it faced up to the FTX fallout, which had already forced to it to stop customer withdrawals.

12.01 / 18:13

Digital Currency Group creditors DCG Said to be in Talks with Creditors - Will Gemini Crypto Depositors Get Their Money Back?

Barry Silbert’s crypto conglomerate Digital Currency Group (DCG) is “actively engaged” in talks with creditors, according to a little-known crypto exchange.

12.01 / 17:03

business Blockchain creditors Breaking: DCG owes creditors over $3B, considering $500M VC portfolio sale

Cryptocurrency broker Genesis Global allegedly owes its creditors more than $3 billion, according to a new report published by the Financial Times on Jan. 12. Its parent, Digital Currency Group (DCG), which also owns Grayscale Investments and its series of digital asset trusts, seeks to sell part of its venture capital holdings to offset the shortfall.

12.01 / 12:49

FTX Ftx Trial creditors FTX Says it Has Secured Assets Worth $5 Billion in First Ray of Light for Creditors

Bankrupt crypto exchange FTX has recovered over $5 billion in cash and liquid assets that may be used to repay creditors, a lawyer of the platform has said during a bankruptcy court hearing.

11.01 / 19:17

business Bankruptcy hedge fund creditors Three Arrows Capital creditors express frustration with bankruptcy process during call

Kyle Davies, the co-founder of bankrupt hedge fund Three Arrows Capital (3AC), disclosed in a Twitter thread that the first meeting of 3AC creditors was held on Jan. 11. Davies invited all creditors to join the group and announced that it would meet regularly.

30.12 / 05:47

cryptocurrency FTX FTX bankruptcy creditors Customers Bahamas regulator holds FTX assets pending delivery to customers, creditors

The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on market pricing at the time of transfer on a temporary basis to deliver them to customers and creditors who own them.

30.11 / 17:23

COST Digital Kirklands genesis creditors Creditors of Troubled Crypto Brokerage Genesis Seek Options to Avoid Bankruptcy

Creditors of the troubled crypto broker and lending firm Genesis Global are working with restructuring lawyers to draft a plan to could allow the firm to avoid bankruptcy.

21.11 / 12:03

creditors FTX’s 50 largest creditors owed $3.1bn

FTX owes its 50 largest creditors about $3.1bn, the failed cryptocurrency exchange said in a bankruptcy court filing on 19 November. The filing didn't name the creditors, but it listed them as customers. Two creditors are each owed more than $200m.

21.11 / 02:15

UPS Ethereum CEO FTX creditors fall FTX Latest – Crypto Prices Fall as Filings Show Top 50 Creditors Are Owed $3.1 Billion, 2 Owed More than $200 Million Each

A list of the top 50 creditors of the FTX group of companies has been filed with the bankruptcy court, and the sum total amounts to $3.1 billion.

21.11 / 01:49

business Blockchain FTX Bankruptcy creditors FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing

According to a court filing on Nov. 20, FTX Trading LTD owes its top 50 creditors over $3 billion USD. The document, which was submitted through the United States bankruptcy court for the district of Delaware, was filed as part of the company’s Chapter 11 bankruptcy proceedings.

20.11 / 12:25

cryptocurrency FTX Crypto Exchange Bitcoin creditors Collapsed FTX owes nearly $3.1 billion to top 50 creditors

Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, said it owes its 50 biggest creditors nearly $3.1 billion.

15.11 / 16:57

business regulation Bankruptcy creditors FTX bankruptcy filing speculates over 1 million creditors

The FTX liquidation crisis turned bankruptcy saga continues as a recent filing reveals additional information on Sam Bankman-Fried’s leadership and the exchange’s final days.

15.11 / 14:29

cryptocurrency Digital Currency creditors FTX in touch with regulators, may have 1 million creditors: Filings

Collapsed-crypto exchange FTX outlined a "severe liquidity crisis" in U.S. bankruptcy filings, which said the group could have more than 1 million creditors, as regulators opened investigations and lawmakers called for clearer rules on how the industry operates.

08.11 / 00:21

business Blockchain creditors Bitcoin Miner Bitcoin miner Iris Energy faces $103M default claim from creditors

According to a new filing with the U.S. Securities and Exchange Commission on Monday, Bitcoin (BTC) miner Iris Energy says it has received a default notice from mining rig manufacturer Bitmain Technologies.

15.10 / 10:47

Digital CoinMarketCap Immunic creditors Voyager [VGX]: Creditors oppose the immunity plan, details inside

Following the confirmation of FTX as the winner of the auction for the assets of bankrupt crypto brokerage Voyager Digital Ltd, its creditors have challenged the proposed plans to offer the company’s officers and directors immunity from any lawsuits related to the collapse of the crypto brokerage firm, court papers filed on 12 October revealed.

14.10 / 10:57

creditors Morgan Stanley to face Tops Friendly Markets’ creditors in $375m lawsuit

A trustee for Tops Friendly Markets creditors can move forward with a lawsuit against Morgan Stanley and other company backers over dividends paid before the grocery chain filed for chapter 11.

26.09 / 13:01

Digital CEO Platform creditors CoinFlex Creditors Backs Company's Restructuring Plans

With the embattled cryptocurrency trading platform, CoinFlex may be getting headway with its restructuring plans as most of its creditors are backing the idea, as revealed in early voting.

22.09 / 20:33

business Liquidity creditors Coinflex plans give 65% of company to creditors as part of restructuring proposal

Cryptocurrency exchange CoinFlex announced a structuring proposal in response to user feedback following the platform experiencing liquidity issues.

22.09 / 14:10

BLOCK FLEX creditors CoinFLEX Announces Restructuring Proposal, Allocating 65% Shares to Creditors

CoinFLEX on Wednesday announced a restructuring proposal and the next immediate steps the crypto exchange will take.

07.09 / 17:35

business Court Mt. Gox Bitcoin creditors Mt. Gox creditors fail to set repayment date, but markets to remain unaffected

Eight years ago, in 2014, the crypto world was rocked by the crippling hack of Mt. Gox, a popular Bitcoin (BTC) exchange, which was forced to shut down after miscreants were able to make away with approximately 850,000 BTC, worth more than $16 billion at today’s exchange rates.

01.09 / 19:01

Binance coinbase Legal Bitcoin creditors Update for Mt. Gox Creditors, Binance's Messages, Ledger at Best Buy + More News

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