creditors

FTX Has Enough Cash to Repay Creditors in Full
FTX Has Enough Cash to Repay Creditors in Full
May 08, 2024  |  Cryptocurrency

Eighteen months after its collapse, FTX is ready to repay its customers in full. The cryptocurrency exchange says it has pulled together assets worth $14.5...

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Federal Crypto Task Force Joins Fight to Find FTX’s Missing Billions
Federal Crypto Task Force Joins Fight to Find FTX’s Missing Billions
January 04, 2023  |  Legal

Federal prosecutors are forming a joint task force to “trace and recover” missing FTX funds. That’s as the exchange’s former CEO and founder, Sam Bankman-Fried,...

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‘Irreconcilable Conflict’ Emerges in FTX Crypto Bankruptcy As Non-US Investors Push Fight
‘Irreconcilable Conflict’ Emerges in FTX Crypto Bankruptcy As Non-US Investors Push Fight
December 29, 2022  |  Legal

Non-US customers affected by the FTX crypto bankruptcy fear their entrusted money could be “misappropriated” again. That’s according to a formal complaint for declaratory judgment...

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Wirecard Says Payouts To Merchants Will Continue Uninterrupted
Wirecard Says Payouts To Merchants Will Continue Uninterrupted
June 28, 2020  |  Digital Payments

Wirecard AG, the disgraced German payments provider that filed for insolvency last week over a $2.1 billion accounting scandal, told customers it’s business as usual...

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Bitcoin Daily: Overstock To Launch Bitcoin Trading App; Mt. Gox Warns Legal Against Mass Crypto Sale
Bitcoin Daily: Overstock To Launch Bitcoin Trading App; Mt. Gox Warns Legal Against Mass Crypto...
March 24, 2019  |  Bitcoin

Overstock’s tZERO is set to launch a mobile trading app in June. CEO Saum Noursalehi told CoinDesk that the app for IOS and Android devices,...

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Bitcoin Daily: Facebook Posts New Blockchain Job; Mt. Gox Nears Creditor Account Settlement
Bitcoin Daily: Facebook Posts New Blockchain Job; Mt. Gox Nears Creditor Account Settlement
March 22, 2019  |  Bitcoin

A new job posting has revealed that Facebook is looking to hire a lead commercial counsel for its blockchain initiatives. “You will be responsible for...

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QuadrigaCX Creditors Disagree About Who Should Be Paid
QuadrigaCX Creditors Disagree About Who Should Be Paid
February 08, 2019  |  Cryptocurrency

After the death of Gerald Cotten, founder and CEO of failed cryptocurrency exchange QuadrigaCX, customers who have balances are arguing about who should be paid...

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LuLaRoe Founders Accused Of Hiding Millions From Creditors
LuLaRoe Founders Accused Of Hiding Millions From Creditors
January 10, 2019  |  Legal

A multi-million dollar lawsuit is accusing the founders of LuLaRoe of hiding tens of millions of dollars in shell companies to avoid paying their creditors....

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US Lawmakers Want Cheaper Chapter 11 For SMBs
US Lawmakers Want Cheaper Chapter 11 For SMBs
December 03, 2018  |  B2B Payments

According to The Wall Street Journal (WSJ) on Friday (Nov. 30), two U.S. lawmakers proposed a bill to make filing for bankruptcy easier, faster and more affordable...

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