creditors
-
The Auction of Celsius Begins: What Does It Mean for This Company?
On April 27th, it was reported that according to a tweet from the official committee of unsecured creditors of Celsius, the auction for Celsius had already started at 23:30 Beijing
-
Hodlnaut Facing Liquidation as Creditors Oppose 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
-
Revitalizing FTX Exchange: A Plan to Create Value for Creditors
According to reports, Tribe Capital reported that in January 2023, its co founder Arjun Seti met with FTX\’s unsecured creditor committee to discuss a proposal to revitalize the exc
-
#Zipmex’s Failed Investor Rescue: What Happens Now?
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 Considers Reopening Exchange, Could Convert Equity Holdings into Shares
According to reports, FTX Chief Lawyer Andy Dietderich stated at a court hearing held on Wednesday that FTX is considering reopening at some point in the future. One possible optio
-
Xclaim: The Revolutionary Bankruptcy Claims Trading Platform
According to reports, Xclaim, a bankruptcy claims trading platform, has completed a round A financing of $7 million. Xclaim allows for the trading of major bankruptcy creditor clai
-
**FTX Trading Ltd Discloses Control Errors of Former Management Team in the First Report**
According to reports, FTX Trading Ltd and its affiliated debtors have announced the release of their first report, which identifies and discusses the control errors of the former m
-
FTX CEO: The company continues to strive to recover value for creditors
According to reports, the CEO of cryptocurrency exchange FTX stated that the company continues to work hard to recover value for creditors.
FTX CEO: The company continues to strive -
Open Exchange (OPNX) Twitter Account Returns to Normal: A Deep Dive into the Company’s Chapter 11 Bankruptcy Status
On April 7th, it was reported that the official Twitter account of Open Exchange (OPNX), a bankruptcy claims exchange founded by San Jian Capital founder Su Zhu and others, has ret
-
Mt. Gox: Repayment Deadline Extended, Creditors Can Provide their Information
According to reports, the window for Mt. Gox creditors to provide their repayment information has been opened. The trustee of Mt. Gox stated that despite this, repayment still take
-
CoinFLEX to distribute assets to creditors according to 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
-
Transferring $157 Million of Frozen Assets: OKX’s Response to the FTX Crash
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 Notification to Creditors: What You Need to Know
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
-
Jefferies seeks bids for FTX, creditor claims.
On March 18th, a self-described FTX creditor (@ sunil) posted an article on social media stating that Jefferies, a well-known Wall Street investment bank, was contacting potential FTX bidders to restart FTX. According to its disclosure, FTX JP alone has more than 40 bidders, while FTX (international version) has more. The 9.7 million users and 1.4 million creditors of the FTX platform are the most valuable assets that bidders consider the platform to be. Zhu Su: “FTX 2.0 will revitalize capital and give those who are trapped in capital a second chance.” Analysis based on this information:On March 18th, a social media post by a self-proclaimed FTX creditor (@ sunil) claimed that investment bank Jefferies was reaching out to potential bidders for the restart of FTX. Jefferies is a reputable Wall Street investment bank, known for facilitating large-scale financial transactions. The post revealed that FTX JP alone has more than 40 bidders, while FTX (international version) has more. This information…
-
Mt.Gox Creditors May Receive Repayment Soon
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 Approves Voyager Acquisition by Binance US Despite SEC Objection
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…
-
First Repayment for Mt. Gox Creditors Includes Cryptocurrency and Legal Tender
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 Extends Legal Protection for Creditors Amidst Financial Difficulties
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 and Creditors in Conflict Over Digital Assets
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’s Creditors Opt for Bitcoin Payments: Alleviating Long-Term Concerns for Bitcoin Holders
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…