Swiss Regulator Forces FlowBank into Bankruptcy Amid Compliance Breaches
Swiss financial watchdog forces FlowBank, known for its cryptocurrency services, into bankruptcy due to serious regulatory breaches. In a significant ...
Tag: BANKRUPTCY
SafeMoon’s Bankruptcy Declaration: Cryptocurrency’s Price Freefall
SafeMoon, the once-hyped cryptocurrency, has taken a significant plunge as it officially declares bankruptcy, sending shockwaves across the market. Over ...
BlockFi Moves Closer To Repaying Customers As Court Gives The Nod
Key Pointers: The US Bankruptcy Court in New Jersey has granted approval to BlockFi's liquidation plan, a significant step towards ...
FTX Obtains Court Approval To Sell Its Cryptocurrency Holdings
Sam Bankman-Fried's company FTX was given permission to sell $3.4 billion in cryptocurrency tokens as his trial approached. The bankruptcy ...
FTX And Genesis Settle Bankruptcy Cases, Is This Good News For Gemini?
The settlement is likely to be beneficial for many Genesis Global creditors. Will Gemini receive the $1 billion that Genesis ...
Hotbit Exchange Stops Operations And Asks Users To Withdraw Funds
Hotbit stated that centralized exchanges are becoming more complex and are "unlikely to meet long-term trends." Hotbit, a cryptocurrency exchange, ...
Voyager Is Now Allowed To Begin Repayment Of Frozen Customer Accounts
Voyager's financial resources only allow it to reimburse 36% of customer claims. On Wednesday, the court granted the bankrupt cryptocurrency ...
Crypto Exchange Bittrex Filed For Chapter 11 Bankruptcy A Few Weeks After SEC Allegations
More than 100,000 creditors, $500 million to $1 billion in assets, and $500 million to $1 billion in liabilities were ...
Binance.US Cancels $1 Billion Asset Purchase From Voyager and Blames Regulatory Environment
Binance.US changed its mind after the deal got its approval last week. Binance.US announced in a tweet that it had ...
