Browsing the "Bankruptcy" Tag

QuadrigaCX CEO Set Up Fake Crypto Exchange Accounts With Customer Funds

| Marc Hochstein and Nikhilesh De

QuadrigaCX CEO and founder Gerald Cotten reportedly created fake accounts at other crypto exchanges and funded them with his customers' money.

Hacked Crypto Exchange Cryptopia Files for US Bankruptcy Protection

| Yogita Khatri

Cryptopia has filed for bankruptcy protection in the U.S. seeking to preserve vital user data held on servers in Arizona

QuadrigaCX Crypto Exchange Could Soon Be Placed in Bankruptcy

| Nikhilesh De

EY, the court-appointed monitor for QuadrigaCX, is looking to move the exchange into bankruptcy.

Blockchain Firm SETL Seeks Buyer After Filing for Insolvency

| Ian Allison

Blockchain infrastructure provider SETL has filed for insolvency in the U.K., saying it's seeking a buyer for its CSD business.

South Korean Crypto Exchange Declares Bankruptcy Citing Embezzlement

| Yogita Khatri

South Korean cryptocurrency exchange Coinbin has declared bankruptcy, in part due to claimed embezzlement by a former exec.

Bankrupt Bitcoin Miner Giga Watt Forced to Cease Daily Operations

| Yogita Khatri

Bankrupt bitcoin mining firm Giga Watt has said it's shutting down operations after its power was cut and facility access was blocked.

asics bitcoin mining miner

Giga Watt Drastically Revises Assets in Updated Bankruptcy Filing

| Yogita Khatri

Bankrupt U.S.-based bitcoin mining firm Giga Watt just hiked the value of its assets in a revised court filing.

Bitcoin Mining Firm Giga Watt Declares Bankruptcy Owing Millions

| Yogita Khatri

U.S.-based bitcoin mining firm Giga Watt has declared bankruptcy with millions still owed to creditors.

Mt Gox’s Corporate Creditors Can Now File Claims for Bitcoin Refunds

| Wolfie Zhao

Corporate creditors of the long-defunct bitcoin exchange Mt. Gox can now enter online claims for refunds of trapped bitcoin assets.

Mt Gox Trustee: $400 Million Sale Didn’t Drop Bitcoin Price

| Wolfie Zhao

The bankruptcy trustee for the defunct Mt. Gox exchange has denied that the sale of $400 million in BTC and BCH caused the recent drop in prices.