The creditors group, headed by Sunil Kavuri, cited several concerns, including imposition of forced taxes, which would compromise the best interests of creditors.
Cryptocurrency company Terraform Labs Pte Ltd., which faces fraud charges from the U.S. Securities and Exchange Commission, has filed for bankruptcy in Delaware. TechCrunch reported…
FTX debtors have filed an amended Chapter 11 Plan of Reorganization, marking a significant development in the once-prominent cryptocurrency exchange's ongoing bankruptcy case. This revised…
In the three months ending October 31, defunct crypto exchange FTX has been spending roughly $53,000 every hour on bankruptcy lawyers and advisors, the latest…
Decentralized finance protocol token SafeMoon (SFM) has fallen 31% in five hours after the company filed for bankruptcy.Safemoon officially filed for Chapter 7 bankruptcy, also…