Bankruptcy | ForkLog

ForkLog 21 19.10.2022

German crypto bank Nuri to wind down operations in November

The Germany-based fintech startup Nuri (formerly Bitwala), focused on cryptocurrencies, will begin winding up at the end of November after an unsuccessful attempt to raise financing.

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ForkLog 14 27.09.2022

FTX wins auction for Voyager Digital assets

The cryptocurrency exchange FTX US won the auction to sell the assets of the bankrupt Voyager Digital, offering around $1.4 billion.

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ForkLog 24 23.09.2022

Compute North files for bankruptcy

The mining company and provider of infrastructure solutions for cloud mining Compute North filed for bankruptcy. Its liabilities to 200 counterparties are estimated at $500 million, and assets range from $100 million to $500 million.

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ForkLog 11 16.09.2022

FTX makes the highest bid for Voyager Digital

At the recent auction of the assets of the bankrupt cryptocurrency lender Voyager Digital, FTX made the most favourable bid.

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ForkLog 7 25.08.2022

Court Allows Voyager to Pay Employees $1.6 Million in Retention Bonuses

Crypto broker Voyager Digital may pay more than 30 employees a total of $1.6 million in retention bonuses, a bankruptcy court ruled. CoinDesk reports.

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ForkLog 16 10.08.2022

German crypto bank Nuri files for insolvency

In Germany-based fintech startup Nuri (formerly Bitwala), focused on cryptocurrencies, filed for insolvency. It served more than 500 thousand clients. Nuri filed for insolvency on Tuesday, August 9, 2022. This does not affect our services, customer funds or investments. You can find a complete statement of this situation on the Nuri Blog: https://t.co/UgAyckWE7J

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ForkLog 17 29.07.2022

Babel Finance loses over $280 million trading client funds

The crypto-financial services provider Babel Finance reported losses exceeding $280 million as a result of ill-advised trading decisions with client funds. The figures are presented in the restructuring proposal, The Block reports.

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ForkLog 14 19.07.2022

Babel Finance hires Kirkland & Ellis for restructuring; Celsius Network and Voyager Digital also turn to the firm

One of Asia's largest crypto lenders, Babel Finance has engaged the law firm Kirkland & Ellis for restructuring advice, Bloomberg reports citing its own sources.

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ForkLog 19 14.07.2022

Celsius Files for Bankruptcy Protection

The crypto lending platform Celsius Network and some of its subsidiaries filed for bankruptcy in a New York court.

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ForkLog 17 06.07.2022

Voyager Digital Files for Chapter 11 Bankruptcy

On Tuesday, July 5, the cryptocurrency broker Voyager Digital filed for bankruptcy in a New York court.

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ForkLog 17 02.07.2022

Three Arrows Capital seeks Chapter 15 bankruptcy protection in the United States

The hedge fund Three Arrows Capital (3AC) filed for bankruptcy protection in a New York court.

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ForkLog 14 17.12.2020

Lawyer seeks to annul Wirecard’s annual financial statements

The administrator handling the Wirecard insolvency case, Michaël Jaffé, has filed a lawsuit seeking to declare the company's 2017 and 2018 financial statements invalid. Handelsblatt reports.

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