Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit

Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities

Voyager Digital Provides Update on Reimbursement Plan for Creditors

Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributionswithin the next few weeks.This update comes nine days

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense isone

Prüfbericht: Deleted Files Indicate Crypto Lender Hodlnaut’s Execs Gave Little Weight to Terra Luna Exposure

Laut einem Bericht, the embattled crypto lender Hodlnaut saw a significant loss from the Terra blockchain collapse last May. The report notes that Hodlnaut downplayed the companys exposure to the Terra ecosystem and allegedly lost $190 million from the incident….

Hodlnaut Gerichtsakten Highlight a $193 Millionenmangel, Whistleblower verurteilt die widersprüchlichen Aussagen des Krypto-Kreditgebers

Der angeschlagene Krypto-Kreditgeber Hodlnaut teilte ein weiteres Update mit, nachdem das Unternehmen im August Abhebungen eingefroren hatte 8, und dann enthüllte, dass das Unternehmen eine gerichtliche Verwaltung anstrebt, um das Startup zu rehabilitieren. The latest update shows that Hodlnaut experienced a shortfall of

Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’

After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firms vendors accessed a list of Celsius client emails, and the email addresses were “übertragen…