Genesis Bankruptcy Agitation Send Bitcoin to Fresh Low
According to a report by Bloomberg, the beleaguered cryptocurrency investment bank is holding discussions with possible investors for at least one billion dollars in additional cash. According to Bloomberg, which cites people familiar with the situation as sources of information, Genesis Global Trading has reportedly mentioned bankruptcy as a potential option as it seeks fresh […]
U.S Court approves proof-of-claim deadline for Celsius victims
The situation surrounding Celsius bankruptcy continues as U.S. regulators set a deadline for those affected to file a proof claim. The Southern District of New York State of the United States Bankruptcy Court has approved a new filing deadline in the ongoing Celsius bankruptcy case. A deadline has reportedly been set for people submitting any […]
FTX Japan Intends To Resume Withdrawals This Year
Japan’s Financial Services Agency requested the exchange suspend business orders on Nov. 10, FTX Japan plans to resume withdrawals this year. By the end of 2022, FTX Japan, a subsidiary of the cryptocurrency exchange, reportedly plans to start accepting withdrawals again. NHK, a Japanese news organization, reported on November 21 that the crypto exchange has […]
Deadline for Celsius Customers to File PoC Approved
Customers of the bankrupt crypto lender have until January 3, 2023, to file proofs of claim if they don’t agree with how Celsius scheduled their claims as filed. In the ongoing bankruptcy proceedings, a U.S. court agreed to Celsius’s request to set a deadline for customers to file proofs of claim. Last week, the U.S. […]
FTX Begins Strategic Review Of Global Assets
FTX debtors are in talks with finserv firm Perella Weinberg Partners for various sale or reorganization attempts. However, the engagement of PWP is subject to the bankruptcy court’s approval. The defunct cryptocurrency exchange FTX and 101 of the 130 affiliated companies announced the beginning of a strategic review of their global assets as part of […]