chapter 11

FTX Recovers $5bn In ‘Liquid’ Assets

Potential good news for customers, as lawyers for FTX say at least $5 billion of liquid assets have been recovered

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

FTX Customer Lawsuit Seeks Recovery Of Digital Assets

Class action lawsuit filed by FTX customers against failed crypto exchange and its arrested former CEO Sam Bankman-Fried

2 years ago

FTX’s Sam Bankman-Fried Released On $250m Bail, To His Parents

Sam Bankman-Fried has been freed on $250m, but must remain under strict supervision at parents’ California home

2 years ago

Two Bankman-Fried Associates Plead Guilty To Fraud

FTX founder Sam Bankman-Fried arrives in America and is expected in court, as two former associates plead guilty to fraud…

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

US SEC Charges FTX Sam Bankman-Fried With Fraud

Sam Bankman-Fried is accused by US authorities of defrauding investors after regulators called FTX “a house of cards”

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

Trial For Wirecard Executives Begins In Germany

Trial of former CEO and other managers begins in Germany, following spectacular collapse of Munich fintech Wirecard in 2020

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

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

Failed FTX Exchange Could Have A Million Creditors

As regulators begin investigations into FTX's bankruptcy, filings indicate the failed crypto exchange could have 1 million creditors

2 years ago

FTX Crypto Exchange Files For Bankruptcy, CEO Resigns

Chapter 11 for cryptocurrency exchange FTX, after it failed to secure rescue bid and additional funding. CEO Sam Bankman-Fried resigns

2 years ago

FTC Closely Watching Developments At Twitter, As More Resign

Elon Musk raises possibility of bankruptcy at Twitter, as entire privacy and compliance team resigns prompting FTC warning

2 years ago

Crypto Market Rocked As Binance Drops FTX Rescue Deal

Cryptocurrency prices plunge after crypto exchange platform Binance withdraws from purchase of its failing rival FTX Trading

2 years ago

UKCloud Placed Into ‘Compulsory Liquidation’

Public-sector cloud provider UKCloud and parent Virtual Infrastructure Group has been forced into compulsory liquidation

2 years ago

Celsius Seeks Permission To Sell Stablecoin Assets

Bankrupt cryptocurrency lender Celsius Network files request to sell its stablecoin assets, as it seeks funds to continue operations

2 years ago

Bankrupt Celsius Network To Pay CFO $90,000 Per Month – Report

Cash strapped cryptocurrency lender Celsius Network wishes to bring back former CFO Rod Bolger and pay him $92,000 per month

2 years ago

Celsius Network Files For Bankruptcy Protection

Troubled cryptocurrency lender Celsius Network confirms it has filed for bankruptcy protection as it seeks to restructure

2 years ago

Google’s Russian Unit To File For Bankruptcy – Update

Google subsidiary in Russia has its local bank account seized by authorities, and responds by announcing intention to file for…

3 years ago

Role Of Wirecard Supervisors To Be Probed By EU

The actions of financial supervisors responsible during the Wirecard collapse should be investigated, says senior EU official

4 years ago

UK Government To Acquire £400 Million Stake In OneWeb

Watch out SpaceX's Elon Musk? British government and Bharti Global announce deal to acquire satellite broadband company OneWeb

4 years ago

Wirecard Collapses, Files For Insolvency

German fintech start-up Wirecard has filed for insolvency, becoming the first DAX member to fail after a financing scandal

4 years ago

Nortel Networks Settles Bankruptcy Claims

Nortel reaches a bankruptcy settlement with a number of Europe entities, including a UK pension fund

11 years ago

US 4G Network LightSquared Goes Bust

The US 4G network LightSquared has declared bankruptcy but insists Chapter 11 is not the end

13 years ago

Kodak Files For Chapter 11 Bankruptcy

Kodak has filed for chapeter 11 bankrupcy protection but vows to come out fighting in the end

13 years ago