11-14-2024 
bankruptcy
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10 January, 2023
Genesis Trading lays off 30% of staff following spillover of industry catastrophes
A Wall Street Journal report suggests the layoffs could be as high as 60 individuals, with insiders with knowledge of...
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6 January, 2023
Celsius founder sued by NYAG as judge rules customer deposits belong to Celsius
Among Mashinsky's many sins, chief among them is his promise to prospective investors of high yields with minimal risk reassuring...
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4 January, 2023
Compass Mining wins $1.5M settlement against hosting firm Dynamics Corp
Compass Mining filed the lawsuit in June after Dynamics terminated a hosting agreement with the miner—a rare win in a...
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22 December, 2022
BTC miner Core Scientific files for bankruptcy
Despite the filing, Core Scientific expects to continue operating normally, won’t liquidate assets and has entered into restructuring support agreement...
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14 December, 2022
Argo Blockchain can’t guarantee it will avoid bankruptcy despite London relisting
Argo Blockchain was delisted on December 9 after ‘accidentally’ publishing a statement saying it’d file Chapter 11 bankruptcy, but says...
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30 November, 2022
Bankrupt BlockFi seeks FTX assets, SBF’s true confessions continue
The bankruptcy of digital asset lending/custodial platform BlockFi is the latest casualty of the FTX exchange’s collapse, while FTX’s founder...
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24 November, 2022
Digital Currency group under strain as Genesis teeters on edge of bankruptcy
Digital Currency Group boss Barry Silbert has issued a note to shareholders, noting the “difficult industry conditions” plaguing the digital...
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23 November, 2022
Embattled Zipmex files to extend creditor protection until April 2023
The current creditor protection, granted in August, runs out on December 2, and each of the five Zipmex subsidiaries has...
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21 November, 2022
Defiant Sam Bankman-Fried fueling jurisdictional fight over FTX assets
Another day, another flood of damning developments in the ongoing FTX debacle, with fears of contagion showing no sign of...
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18 November, 2022
FTX, Daniel Friedberg, Stu Hoegner and (the other) Black Friday
The FTX meltdown revived the 2011 crackdown on the online gambling industry, where 11 high-stakes individuals and poker players from...
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18 November, 2022
FTX’s new CEO John Ray reveals the extent of Sam Bankman-Fried’s malfeasance
John Ray, who was appointed after Sam Bankman-Fried resigned in disgrace last week, submitted a sworn statement ostensibly to take...
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15 November, 2022
Celsius requests to extend submission of reorganization plan as bankruptcy proceedings heat up
Celsius said that the reorganization process was more complex than anticipated, requiring a tentative approach to achieve success.
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