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bankruptcy

Embattled BTC miner Core Scientific files bankruptcy reorganization plan
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24 June, 2023

Embattled BTC miner Core Scientific files bankruptcy reorganization plan

Core Scientific filed for Chapter 11 bankruptcy protection in December, and in its new plan, it pledges to satisfy all...
Banq files for bankruptcy as Prime Trust’s struggles spread
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15 June, 2023

Banq files for bankruptcy as Prime Trust’s struggles spread

Nevada-based 'crypto-friendly' payment processor Banq Inc's Chapter 11 bankruptcy filing lists around $18 million worth of assets, nearly all of...
Embattled QuadrigaCX exchange to begin ‘interim distribution of funds’
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12 May, 2023

Embattled QuadrigaCX exchange to begin ‘interim distribution of funds’

Court-appointed bankruptcy trustee Ernst & Young announced its decision after consultation with estate inspectors, with details of the interim distribution...
Bittrex files for Chapter 11 bankruptcy in the wake of SEC charges
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9 May, 2023

Bittrex files for Chapter 11 bankruptcy in the wake of SEC charges

The move comes only a month after the company announced it was winding down its U.S. operations, a few weeks...
CoinFLEX restructure approved by Seychelles court; Roger Ver nowhere to be seen
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9 March, 2023

CoinFLEX restructure approved by Seychelles court; Roger Ver nowhere to be seen

Under the plan, which was proposed in September 2022, CoinFLEX creditors will own 65% of the company, while Series A...