creditors
- Technology
Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture assets, estimated to be worth ~$500M, to raise cash (Nikou Asgari/Financial Times)
Nikou Asgari / Financial Times: Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture…
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Bahamas' Securities Commission says it is holding FTX assets worth $3.5B on a temporary basis and plans to deliver them to customers and creditors who own them (Reuters)
Reuters: Bahamas’ Securities Commission says it is holding FTX assets worth $3.5B on a temporary basis and plans to deliver…
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Lawyers working on crypto bankruptcies, including FTX and Celsius, are charging more than $1,800 per hour, leading some creditors to criticize the process (Sujeet Indap/Financial Times)
Sujeet Indap / Financial Times: Lawyers working on crypto bankruptcies, including FTX and Celsius, are charging more than $1,800 per…
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US-based crypto miner Core Scientific files for Chapter 11 bankruptcy in Texas, estimating its liabilities and assets at $1B-$10B and creditors at 1,000-5,000 (CoinDesk)
CoinDesk: US-based crypto miner Core Scientific files for Chapter 11 bankruptcy in Texas, estimating its liabilities and assets at $1B-$10B…
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Filing: the DOJ's US Trustee unit names nine creditors to FTX's bankruptcy committee that could shape payout plans, including units from Genesis and Wintermute (Bloomberg)
Bloomberg: Filing: the DOJ’s US Trustee unit names nine creditors to FTX’s bankruptcy committee that could shape payout plans, including…
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