PYMNTS-MonitorEdge-May-2024

crypto bankruptcies

Terraform Labs Files for Bankruptcy
Terraform Labs Files for Bankruptcy
January 22, 2024  |  Cryptocurrency

Terraform Labs, whose collapse triggered a wider cryptocurrency market earthquake, has filed for bankruptcy. The Singapore-based digital asset company filed for Chapter 11 in Delaware Sunday (Jan....

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Crypto Collapse Yields $700 Million Payday for Turnaround Specialists
Crypto Collapse Yields $700 Million Payday for Turnaround Specialists
September 06, 2023  |  Cryptocurrency

The bankruptcies of five major cryptocurrency firms have been a boon for corporate turnaround specialists. That’s according to a report published Tuesday (Sept. 5) by...

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