The institutional crypto lender filed for bankruptcy after suspending withdrawals, incurring about $75 million in losses and facing a lawsuit alleging misuse …
Bankruptcy
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Russia’s tax authority is now applying for the bankruptcy of a BitRiver subsidiary responsible for a massive and unsuccessful project believed to …
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Regulation
SBF claims he never filed for bankruptcy in latest message from jail
by shayaanby shayaanSam Bankman-Fried posted again after reviving his X account to complain about the perceived flaws in his conviction process. Bankman-Fried stated that …
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Bitcoin mining operator NFN8 Group Inc. and its subsidiaries have gone down the dreaded path of formally filing for Chapter 11 bankruptcy. …
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The biggest Bitcoin mining facility in Russia, BitRiver, has found itself in an expanding legal and financial crisis that is currently throwing …
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Mining
Russia’s Largest Bitcoin Miner BitRiver Enters Bankruptcy Proceedings: Report
by shayaanby shayaanBitRiver, Russia’s largest Bitcoin miner, is on the verge of collapse amid mounting financial and legal problems. Courts have placed its parent …
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JUSTIN, Texas, Jan. 17, 2025 (GLOBE NEWSWIRE) — Canoo Inc. (Nasdaq: GOEV), (the “Company”), a high-tech advanced mobility and energy company, today …
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Regulation
Alex Mashinsky to plead guilty to fraud linked to Celsius bankruptcy
by shayaanby shayaanAlex Mashinsky, the founder and former CEO of Celsius Network, plans to plead guilty to two counts of fraud, his defense attorney …
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The California Department of Financial Protection and Innovation (DFPI) has now permanently revoked the license of bankrupt crypto lender BlockFi, two years …