Tether Reorganizes Into 4 Divisions as It Expands Beyond Stablecoins
[Apr 18, 2024 5:15 AM] The company has formed four divisions to reflect its broadening focus: Data, Finance, Power and Edu(cation).
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Binance Spun Off Venture Capital Arm Earlier This Year
[Mar 15, 2024 4:19 AM] Binance Labs now has a disclaimer on its website describing it as "an independent venture and not part of the Binance Group."
Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024
[Nov 10, 2023 6:31 AM] Crypto lender Celsius secured approval for its reorganization plan from a bankruptcy court on Thursday, marking an end to an ordeal that began when it filed for bankruptcy in July last year.
Celsius' Bankruptcy Nears End as Creditors Approve Reorganization Plan
[Sep 26, 2023 12:26 AM] Bankrupt crypto lender Celsius' creditors have voted to approve a plan that would return 67%-85% of holdings back to them.
FTX Fires Back at Creditors 'Willing to Gamble Estate Assets on Higher Returns'
[Aug 10, 2023 6:08 AM] The committee of unsecured creditors criticized the bankrupt estate's reorganization plan submitted to court in July.
FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust
[Aug 1, 2023 11:30 AM] In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan to reinvent FTX as an “offshore crypto exchange” while also founding a new…
Core Scientific moves for September bankruptcy exit, expects $46M boost
[May 23, 2023 9:31 PM] Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised.
FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings
[Jan 19, 2023 11:30 AM] Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital…