creditors

The SBF Trial: Ex-FTX Exec Nishad Singh Back in Court; Binance.US Halts Direct Dollar Withdrawals

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the latest witness testimony in the Sam Bankman-Fried trial from former senior...

By CoinDesk Staff

Oct 17, 2023 at 4:06 p.m. UTC

Oct 17, 2023

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Barry Silbert. CEO & Founder Digital Currency Group (DCG)

Policy

Regulations

DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%

The plan could result in recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis.

By Amitoj Singh

Aug 29, 2023 at 6:15 a.m. UTC

Aug 29, 2023

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Policy

Regulations

FTX Fires Back at Creditors 'Willing to Gamble Estate Assets on Higher Returns'

The committee of unsecured creditors had criticized the bankrupt estate's reorganization plan submitted to a Delaware court in July.

By Amitoj Singh

Aug 10, 2023 at 12:08 p.m. UTC

Aug 10, 2023

RegulationsFTXreorganizationLawyersJohn Ray IIIcreditorsBankruptcy

Policy

Binance

Voyager-Binance.US Legal Fight Must Be Resolved by April 13, Court Documents Say

Voyager Digital's creditors stand to lose $100 million if delays caused by government objections to Binance.US' deal to buy Voyager drag on.

By Jack Schickler

Apr 4, 2023 at 8:40 a.m. UTC

Apr 4, 2023

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Finance

Mt. gox

Mt. Gox’s 2 Largest Creditors Pick Payout Option That Won’t Force Bitcoin Sell-Off: Sources

The early lump sum payment they picked is set to be paid out in September. The option to wait until all Mt. Gox litigations settle could net higher payouts but may take anothe...

By Cheyenne Ligon

Feb 16, 2023 at 4:00 p.m. UTC

Feb 16, 2023

Mt. GoxBankruptcyBitcoincreditorsExclusive

Finance

Genesis

Genesis Owes Over $3.5B to Top 50 Creditors

Genesis has over 100,000 creditors among the three of its companies that declared bankruptcy.

By Sam Reynolds

Jan 20, 2023 at 6:02 a.m. UTC

Jan 20, 2023

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Finance

Genesis

Genesis Creditors Hire Lawyers to Find Ways to Prevent Crypto Brokerage's Bankruptcy: Bloomberg

Genesis is in talks with creditors and potential investors, the report said.

By Greg Ahlstrand

Nov 30, 2022 at 3:31 a.m. UTC

Nov 30, 2022

GenesiscreditorsFTX Collapse

Mt. Gox Creditors Repayment Looms, Trustee Letter Indicates

Video

Cdtv

Mt. Gox Creditors Repayment Looms, Trustee Letter Indicates

Creditors of the now defunct crypto exchange Mt. Gox are expected to be repaid nearly 140,000 BTC, worth roughly $3 billion. CoinDesk’s Tech Managing Editor Christie Harkin di...

By CoinDesk Staff

Jul 13, 2022 at 8:18 p.m. UTC

Jul 13, 2022

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Celsius is ‘Deeply Insolvent,’ Alleges Vermont Department of Financial Regulation

Video

Cdtv

Celsius is ‘Deeply Insolvent,’ Alleges Vermont Department of Financial Regulation

Celsius Network, the troubled crypto lender, “is deeply insolvent,” alleges the U.S. state of Vermont’s Department of Financial Regulation (DFR), noting the lender lacks the a...

By CoinDesk Staff

Jul 13, 2022 at 6:37 p.m. UTC

Jul 13, 2022

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