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bankruptcy

Genesis parent company files for Chapter 11 bankruptcy protection as Winklevoss kicks Silbert anew
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20 January, 2023

Genesis parent company files for Chapter 11 bankruptcy protection as Winklevoss kicks Silbert anew

Sign traders' expectations proved true as Genesis Global Capital LLC's parent company officially filed for Chapter 11 bankruptcy following a...
FTX bankruptcy filings reveal list of bagholders, including Coinbase
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12 January, 2023

FTX bankruptcy filings reveal list of bagholders, including Coinbase

New filings in the FTX bankruptcy case have revealed the full list of investors, and among Tom Brady and Gisele...
BTC miner Core Scientific to shut down 37,000 mining rigs owned by Celsius Network
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11 January, 2023

BTC miner Core Scientific to shut down 37,000 mining rigs owned by Celsius Network

Core Scientific has been in dispute with the bankrupt Celsius Network over the mining rigs, with the lender owing $7.8...
Celsius owned the assets in Earn accounts, not the users, judge rules
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10 January, 2023

Celsius owned the assets in Earn accounts, not the users, judge rules

Pre-bankruptcy, Celsius held $4.2 billion for 600,000 users in Earn accounts, digital assets which the judge ruled it legally owns...
Genesis Trading lays off 30% of staff following spillover of industry catastrophes
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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...