Ascend Elements said that it will be filing for Chapter 11 bankruptcy in the wake of a canceled government grant […]
Category: Bankruptcy
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According to the plan, certain FTX users claiming less than $50,000 could expect to see their funds returned within 60 […]
The exchange’s creditors haven’t been made whole despite a judge approving a plan, and sentencing for former executives is nearing […]
Alameda Research has filed complaints against crypto exchange KuCoin and Crypto.com to recover millions in locked funds as FTX prepares […]
A U.S. court approved FTX’s bankruptcy plan on Monday, which will see the majority of the crypto exchange’s customers get […]
The assets in question were evidently given to Tether as collateral.
The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay […]
Fisker is just a few days into its Chapter 11 bankruptcy, and the fight over its assets is already charged, […]
Two years ago, an employee at Fisker Inc. told me that the most pressing concern inside the EV startup was […]
The group of creditors, led by Sunil Kavuri, cited several concerns, including forced taxation, which would compromise creditors’ best interests.