Bankruptcy

Celsius Founder Alex Mashinsky Pleads Guilty To Fraud

Founder of former cryptocurrency lender Celsius Network, Alex Mashinsky, pleads guilty to two counts of fraud

3 weeks ago

Germany Shoulders €600 Million Of Northvolt Debt

Lender KfW is to be reimbursed by the German government more than €600 million ($629 million) of Northvolt debt

3 weeks ago

Northvolt Files For Bankruptcy Protection In US

Northvolt files for Chapter 11 bankruptcy protection in the United States, and CEO and co-founder Peter Carlsson steps down

4 weeks ago

Northvolt Mulls US Bankruptcy Protection – Report

Troubled battery maker Northvolt reportedly considers Chapter 11 bankruptcy protection in the United States as possible option

1 month ago

Fisker Unable To Migrate EV Data To New Owner’s Server

Firesale buyer files emergency objection, after bankrupt Fisker states it cannot transfer vital EV data to new servers

2 months ago

Fisker Seeks Approval For Firesale Of Remaining EVs

Fisker asks bankruptcy judge for permission to sell remaining Ocean SUV at just $14,000 per EV, down from $70,000

6 months ago

Fisker Files For Chapter 11 Bankruptcy

EV maker Fisker files for bankruptcy protection in the US – the second EV venture led by car designer Henrik…

6 months ago

WeWork Emerges From Bankruptcy Protection

WeWork, once valued privately at $47bn and seen as future of workplace, emerges from bankruptcy protection in US

6 months ago

Questions Surround X/Twitter, After Elon Musk Expletive-Filled Rant

Has Elon Musk sabotaged X going forward? Analysts cite Twitter owner as the biggest liability for the platform

1 year ago

Celsius Network Approved To Exit Bankruptcy

New Jersey-based Celsius Network receives US bankruptcy court approval for a restructuring plan so it can exit Chapter 11

1 year ago

WeWork Files For Bankruptcy Protection In US

WeWork, once valued privately at $47bn and seen as future of workplace, files for bankruptcy in US amidst heavy losses

1 year ago

Google Russia Declared Bankrupt After Bank Account Seizure

Russian subsidiary of Google officially declared bankrupt after authorities in Moscow seized bank account in dispute with Western tech

1 year ago

Ransomware Attack Blamed As Logistics Firm Collapses

Devastating ransomware attack blamed, as veteran firm KNP Logistics enters administration with 730 jobs lost

1 year ago

FTX’s Sam Bankman-Fried Sent To Jail Over Witness Tampering

FTX's Sam Bankman-Fried sent to jail in the US after judge revokes his $250 million bail over witness tampering

1 year ago

Singapore Wealth Fund Cuts Pay Amidst FTX Fallout

Singapore sovereign wealth fund Temasek Holdings cuts staff and senior management pay after writing off $275m FTX investment

2 years ago

Virgin Orbit Shuts Down After Chapter 11 Filing

Sir Richard Branson ends Virgin Orbit operations going forward, with assets being sold off to rivals in space launch sector

2 years ago

Virgin Orbit Files For Bankruptcy In US

Sir Richard Branson satellite launch firm Virgin Orbit files for bankruptcy in US after failing to secure funding, 18 months…

2 years ago

Sam Bankman-Fried Allegedly Received $2.2 Billion From FTX Entities

Filings from bankrupt FTX show it made transfers of about $2.2 billion to company founder Sam Bankman-Fried

2 years ago

Avaya Files For Chapter 11 Protection, Again

Filing for bankruptcy protection will allow cloud comms provider Avaya to reduce its total debt burden to manageable levels

2 years ago

Crypto Lender Genesis Files For Chapter 11

Another victim of the fallout from FTX collapse, as crypto lender Genesis files for Chapter 11 bankruptcy protection

2 years ago

Britishvolt Calls In Administrators, After Months Of Struggle

Despite staff at battery start-up Britishvolt in Northumberland taking a pay cut last year, the firm has now filed for…

2 years ago

Court Rules Celsius Network Owns Customer Crypto Assets

Legal setback for customers of bankrupt Celsius Network, after US judges rules firm owns most of the deposited cryptocurrency

2 years ago

FTX’s Sam Bankman-Fried Pleads Not Guilty To Fraud Charges

Faced a possible 115 years in prison, FTX's Sam Bankman-Fried pleads not guilty to fraud charges, as trial is slated…

2 years ago

Bitcoin Miner Core Scientific Files For Chapter 11

One of the largest publicly traded crypto mining companies in the US, Core Scientific, is filing for Chapter 11 bankruptcy…

2 years ago

FTX Founder Sam Bankman-Fried Arrested In Bahamas

Former CEO and founder of collapsed crypto exchange FTX is arrested after the United States files charges against him

2 years ago

DoJ Watchdog Seeks Investigation Into FTX Collapse

Speculator crash of crypto exchange FTX sees bankruptcy watchdog at the US Department of Justice called for 'independent investigation'

2 years ago

Bitfront To Close Down, In Latest Crypto Failure

Latest casualty. Crypto exchange Bitfront confirms it is shutting down amid challenging crypto market, despite best efforts

2 years ago

Crypto Lender BlockFi Files For Chapter 11 Bankruptcy

FTX collapse cited, as cryptocurrency lender BlockFi files for Chapter 11 bankruptcy protection in New Jersey court

2 years ago

FTX Owes Top 50 Creditors $3.1bn

Bankrupt crypto exchange FTX discloses it owes 50 biggest creditors more than $3.1 billion after spectacular collapse this month

2 years ago

Lawsuit Against FTX Founder, As New Boss Slams Previous Management

Class action lawsuit launched against Sam Bankman-Fried, as new FTX CEO slams previous corporate management practices

2 years ago