Bankruptcy
Voyager Lawyers ‘Surprised’ Binance.US Canceled $1B Deal
Creditors can expect to receive between 40% and 65% recoveries, ideally in crypto, attorneys for the bankrupt crypto lender said in court Wednesday.
Out of Compute North’s Bankruptcy Rises 300MW Bitcoin Miner With Novel Energy Offering
Born out of the ashes of the Compute North bankruptcy, the new venture aims to give customers control over their energy strategy.
FTX's LedgerX Derivatives Exchange Sold to Miami International Holdings in Bankruptcy Auction
FTX.US purchased Ledger Holdings, the parent company of LedgerX, for $298 million in October 2021, according to audited financial documents viewed by CoinDesk.
Voyager Digital Says Binance.US Sent Letter Terminating $1B Asset Buy Deal
The crypto lender said it will return value to customers via direct distribution.
Genesis Files for Mediator Assistance Over Amount of DCG Contribution to Reorganization
The move comes months after an initial agreement was reached between Genesis' creditors and its owner, DCG.
Susquehanna, DRW Are Among Backers of Bankruptcy Claims Exchange OPNX, the Firm Tweets
Other investors include U.S. options exchange MIAX Group and Saudi digital asset fund Tuwaiq, OPNX said Friday.
U.S. Government Allows the Bulk of Voyager-Binance.US Deal to Proceed
A new court filing suggests noncontentious elements of the $1 billion deal could go ahead even before an appeal is heard.
Crypto Exchange Zipmex Files for Two-Month Moratorium Extension
The request comes after an investor failed to maintain payments to the exchange.
NovaWulf Plans to Tokenize Equity of Celsius’ New Firm With $2B Assets, After Takeover
Celsius Network contacted 130 interested parties and signed confidentiality agreements with 40, before choosing NovaWulf.
FTX’s Bankruptcy Lawyers: ‘The Dumpster Fire Is Out’
At a hearing on Wednesday, lawyers for the now-defunct exchange described it as a “digital Potemkin village” run by former CEO Sam Bankman-Fried.
