Bankruptcy


Finance

Bitcoin Miner Core Scientific Files for Bankruptcy, Expects Support From Some Debt Holders

The publicly traded miner expects support from some of the holders of its convertible notes in a restructuring deal.

Core Scientific facility in North Carolina. (Core Scientific)

Policy

EY Says It Is 'Aware' of 'Unauthorized' Quadriga Wallet Transfers

More than 100 BTC moved out of Quadriga-linked wallets over the weekend.

Quadriga Fintech Solutions CEO and late founder Gerald William Cotten (Quadriga CX)

Videos

FTX to Seek Retrieving Voluntary Payments From Third Parties

FTX will attempt to recoup voluntary payments made to third parties prior to its collapse, possibly including founder Sam Bankman-Fried's political donations, and pursuing them in court if necessary. Meanwhile, FTX's new management told a procedural hearing Tuesday it had over $1 billion in assets identified. Murphy & McGonigle founder James Murphy discusses the latest in FTX's bankruptcy and what this means for the crypto markets.

Recent Videos

Videos

BlockFi Asks US Court to Greenlight Some Customer Withdrawals

Bankrupt crypto lender BlockFi has asked a U.S. court to allow certain customer withdrawals that are locked up on the platform, court filings show. "The Hash" panel discusses the latest developments in BlockFi's bankruptcy.

CoinDesk placeholder image

Videos

Coinbase CEO Outlines His 'Realistic Blueprint' for Centralized Actors

Coinbase CEO Brian Armstrong shares his plan for a "realistic blueprint" that regulates centralized actors, while preserving decentralized innovation. "The Hash" team discusses the future of regulation for centralized exchanges in the wake of FTX filing for bankruptcy.

Recent Videos

Policy

FTX Has Over $1B in Cash, Creditor Meeting Told

Unwinding the collapsed crypto company has been made more difficult by poor record-keeping.

John Ray, FTX CEO (Nathan Howard/Getty Images)

Finance

Bitcoin Miner Greenidge Reaches Debt Restructuring Deal With NYDIG as Bankruptcy Looms

Under the deal for restructuring $74.7 million worth of debt, Greenidge will host NYDIG's new machines.

The Greenidge Generation facility in Dresden, New York. (CoinDesk)

Policy

Bankrupt Crypto Lender BlockFi Looks to Restart Certain Customer Withdrawals

The company is seeking a U.S. court order to let customers withdraw digital assets locked up in wallets on the platform.

Zac Prince, CEO de BlockFi, en Consensus 2019. (CoinDesk)

Finance

FTX Will Look to Retrieve Voluntary Payments From Third Parties, Possibly Including SBF's Political Donations

FTX said it had been "approached by a number of recipients of contributions or other payments" looking to return them what they had received from Bankman-Fried or other FTX executives.

FTX founder and former CEO Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Policy

Bitcoin Addresses Tied to Defunct Canadian Crypto Exchange QuadrigaCX Wake Up

More than 100 BTC tied to QuadrigaCX moved out of cold storage wallets over the weekend. Quadriga’s bankruptcy trustee said three years ago it did not control those wallets at the time.

Gerald Cotten, founder and former CEO of QuadrigaCX. (Original image by Trevor Jones)