Chapter 11 – BitlyFool.com

September 23, 2024

Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments

Onchain data reveals that Blockfi, a now-bankrupt crypto lending… More...

September 2, 2024

SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 Plan

The U.S. Securities and Exchange Commission (SEC) has raised concerns… More...

September 1, 2024

Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm

Rhodium Encore LLC, a bankrupt bitcoin mining company, has received… More...

August 30, 2024

Crypto bankruptcies net law firms $751M in fees

Four law firms collectively earned $484 million from their work on… More...

August 21, 2024

Terraform Labs’ Fate Hinges on Sept. 19 Bankruptcy Hearing

The Chapter 11 bankruptcy reorganization hearing for Terraform… More...

August 21, 2024

Terraform Labs bankruptcy reorganization hearing set for September

The court's decision will determine if the company can restructure… More...

July 19, 2024

Terraform Labs to reopen Shuttle Bridge, destroy LUNA tokens

These developments indicate TFL’s proactive efforts to tackle Terra's… More...

July 16, 2024

FTX and CFTC agree to $12.7B settlement, subject to court approval

The US commodities regulator didn’t seek a civil monetary penalty,… More...

May 18, 2024

Genesis Global gets court approval to distribute billions to creditors, DCG challenge gets rejected

Genesis Global, the digital assets lender that went bankrupt last… More...

May 18, 2024

Genesis Global secures court approval for $3B payout

According to Judge Lane, any available funds for distribution by … More...

May 10, 2024

Bankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts

The now-defunct crypto lender Blockfi is officially shutting down… More...

March 20, 2024

Celsius advisors demand for $2b withdrawn before bankruptcy

Consultants overseeing the liquidation of Celsius Network LLC have… More...

February 1, 2024

Embattled Crypto Lender Celsius Escapes Chapter 11 Bankruptcy, To Distribute $3 Billion in Crypto to Creditors

Troubled crypto lending platform Celsius has avoided Chapter 11 … More...

January 31, 2024

Celsius exits bankruptcy, commences return of over $3B to creditors

Crypto lender Celsius’ exit from bankruptcy comes more than 18 months… More...

January 23, 2024

Crypto Company Terraform Labs Files for Chapter 11 Bankruptcy Protection

Collapsed crypto company Terraform Labs has filed for Chapter 11 … More...

January 23, 2024

Crypto Company Terraform Labs Files for Chapter 11 Bankruptcy Protection

Collapsed crypto company Terraform Labs has filed for Chapter 11 … More...

January 21, 2024

Do Kwon’s Terraform Labs files for Chapter 11 bankruptcy protection

The firm claims to have between $100 million and $500 million in both… More...

November 13, 2023

Genesis Reaches $1 Billion Settlement With Bankrupt Hedge Fund 3AC

In a recent development, bankrupt crypto lender Genesis has settled… More...

August 25, 2023

Crypto Collapse: Prime Trust’s Fall From Grace and the Disappearing Wallet Mystery

After Prime Trust filed for bankruptcy protection, the company’s… More...

August 16, 2023

Bitgo Secures $100 Million in Series C, Firm’s Valuation Climbs to $1.75 Billion

The digital asset trust firm Bitgo, headquartered in Palo Alto, California,… More...

August 15, 2023

From Crypto Custodian to Court: Prime Trust Files for Bankruptcy Protection

In the wake of financial upheavals and regulatory hurdles, Prime … More...

August 15, 2023

Crypto Custodian Prime Trust Entangled In Financial Distress, Files Chapter 11 Protection

Prime Trust, a prominent name in the world of crypto custodial services,… More...

August 14, 2023

Crypto custodian Prime Trust files for Chapter 11 bankruptcy

The crypto custodian’s bankruptcy comes as it’s been unable to honor… More...

August 3, 2023

FTX Seeks to Exclude Dubai Subsidiary From Ongoing Bankruptcy

FTX Trading Ltd. filed a motion on Tuesday to dismiss its Dubai-based… More...

August 2, 2023

Voyager 30-Day Withdrawal Period Becomes Breeding Ground For Scammers – Report

Fraudulent actors targeted Voyager Digital patrons as they briefly… More...

July 28, 2023

Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution

The long-standing legal feud between FTX Trading and Genesis Global… More...

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