Bankruptcy
Three Arrows Capital Files for Bankruptcy in New York Tied to British Virgin Islands Proceeding
A British Virgin Islands court ordered Three Arrows' BVI branch into liquidation earlier this week.
CoinFLEX to Launch a $47M Recovery Token to Solve Withdrawal Issues
The exchange said last week it was halting withdrawals amid market declines and counterparty uncertainty.
Coinbase Has No Risk of Bankruptcy, New 10-Q Disclosure Language Is SEC Requirement, CEO Armstrong Says
The new language points out that customers could be treated as general unsecured creditors if there ever were to be such proceedings.
DeFi Startup Earnity Accused of IP Fraud in Cred Bankruptcy
A new court filing says Earnity purposely hid its ties to the crypto lender.
Mt. Gox Rehabilitation Plan Worth Billions in Compensation Approved; Finalization to Follow
Creditors should be able to register to receive their funds once the plan is finalized next month.
Mt. Gox Voting Deadline for Creditors Ends
The process of making Mt. Gox’s victims whole has been lengthy, drawn-out, and characterized by delays and legal disputes.
Bankrupt Crypto Lending Platform Cred Had UK Fugitive in Charge of Funds
James Alexander was employed as the CCO of Cred, a crypto lender that filed for bankruptcy in November.
Here's What Happened at Crypto Lender Cred's Latest Bankruptcy Hearing
Judge John Dorsey of the Delaware Bankruptcy Court rejected a motion to appoint a Chapter 11 trustee to oversee Cred’s restructuring.
Bad Loans, Bad Bets, Bad Blood: How Crypto Lender Cred Really Went Bankrupt
Cred’s bankruptcy filing mainly blames fraud by an outside party. The full picture painted by former employees is more complex, and highlights the risks of the budding crypto lending market.
Crypto Lender Cred Files for Bankruptcy After Losing Funds in Fraud
In October, the lender published a cryptic letter saying it has experienced “irregularities” in the handling of “specific” corporate funds by a “perpetrator of fraudulent activity.”
