FTX creditors unimpressed with exchange's bankruptcy exit plan
FTX’s official creditor committee said the current plan would add costs and delays to what’s already on track to be a historically expensive bankruptcy.
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Celsius Network reaches settlements to exit bankruptcy
Bankrupted crypto lender Celsius Network reached two settlements that may allow the return of assets to customers and end its bankruptcy proceedings.
Binance Netherlands exit - Dutch Central Bank says registration failings are confidential
De Nedelandsche Bank is unable to share details of Binance’s registration failings in the country due to confidentiality requirements of its supervisory laws.
Crypto lender BlockFi is granted extra time to file Chapter 11 exit plan
BlockFi was granted a 48-day extension by a New Jersey bankruptcy judge to submit an exit plan, exploring a potential sale of company assets and restructuring.
$4M 'exit scam' suspected as Kokomo Finance flies off radar, token plunges
Kokomo Finance's social media presence and websites are offline, while the price of the KOKO token fell more than 95% within a matter of minutes.
Crypto industry braces for impact with Silvergate exit
Silvergate may not pose a systematic risk for the U. S. banking system, but it could raise risks related to banking concentration and introduce new challenges for venture capital firms sources claim.
Celsius chooses NovaWulf's bid to exit from bankruptcy
A proposal by Celsius sees most creditors receive a one-time payment of crypto while those with a larger claim would receive equity in a new company.
Genesis eyes fast resolution to creditor disputes and bankruptcy exit in May
A lawyer for Genesis is optimistic it can resolve creditor disputes before the week is out while the firm could exit bankruptcy proceedings in four months.
BTC metrics exit capitulation — 5 things to know in Bitcoin this week
Bitcoin retains higher levels after gaining 40% or more this month, but concerns of a BTC price correction are never far away.
FTX-linked Moonstone bank to exit the crypto space
Following the collapse of FTX, the company has decided to rebrand and exit the crypto space.