Latest News Of bankruptcy Tag

It’s official: Embattled Canadian exchange QuadrigaCX enters bankruptcy

Business 10 April 2019

It’s official: Embattled Canadian exchange QuadrigaCX enters bankruptcy

Canadian cryptocurrency exchange QuadrigaCX has been declared bankrupt following a failed attempt to restructure the firm.

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QuadrigaCX could soon be moved into bankruptcy

Business 3 April 2019

QuadrigaCX could soon be moved into bankruptcy

Ernst and Young has submitted a proposal to the courts suggesting the company’s restructuring should be move to bankruptcy proceedings.

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South Korea’s crypto exchange Coinbin folds after massive embezzlement

Business 25 February 2019

South Korea’s crypto exchange Coinbin folds after massive embezzlement

The exchange has suffered million-dollar losses after the individual charged with maintaining crypto balances reportedly embezzled its funds.

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QuadrigaCX customers may be one step closer to finding relief

Business 20 February 2019

QuadrigaCX customers may be one step closer to finding relief

The saga surrounding the QuadrigaCX cryptocurrency exchange out of Canada continues to move forward as law firms Miller Thomson and Cox & Palmer will represent more than 100,000 customers of the crypto exchange in the coming weeks.

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NEM Foundation is almost bankrupt

Business 31 January 2019

NEM Foundation is almost bankrupt

The NEM blockchain, which is behind the NEM (XEM) cryptocurrency, isn’t doing so well.

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Giga Watt woes continue: Bankrupt miner forced to shut down operations

Business 17 January 2019

Giga Watt woes continue: Bankrupt miner forced to shut down operations

Embattled cryptocurrency miner Giga Watt has been dealt another serious blow, with the news that the firm has been forced to shutter its day-to-day operations with immediate effect.

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UK-based crypto platform Cubits could be facing closure

Business 13 December 2018

UK-based crypto platform Cubits could be facing closure

The UK-based cryptocurrency trading platform Cubits was one of several that lost a considerable amount of money from fraudulent activity this year.

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Heavily indebted crypto mining firm Giga Watt declares bankruptcy

Business 22 November 2018

Heavily indebted crypto mining firm Giga Watt declares bankruptcy

U.S.-based crypto mining company Giga Watt has declared bankruptcy, with debts amounting to millions still outstanding to their creditors, according to a filing before a district court in New York.

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Danish crypto exchange goes bankrupt thanks to credit card supplier

Business 26 October 2018

Danish crypto exchange goes bankrupt thanks to credit card supplier

The Wemovecoins cryptocurrency exchange has been forced into bankruptcy due to dispute between the company and a credit card vendor.

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Mt. Gox trustee publishes final crypto sell-off numbers

Business 26 September 2018

Mt. Gox trustee publishes final crypto sell-off numbers

The lawyer appointed to oversee the Mt. Gox refunds, Nobuaki Kobayashi, has reportedly liquidated around $230 million worth of Bitcoin BCH and Bitcoin Core (BTC) in the past four months.

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Mt. Gox allows corporate users to file claims on its website

Business 13 September 2018

Mt. Gox allows corporate users to file claims on its website

Corporate users can now start filing their claims with now-defunct Japanese cryptocurrency exchange Mt. Gox.

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Mt. Gox creditors may finally get (some) of their money back

Business 27 August 2018

Mt. Gox creditors may finally get (some) of their money back

Mt. Gox has opened an online claim filing system allowing creditors to begin registering claims on the funds they had lost after the Tokyo-based crypto exchange filed for bankruptcy in 2014.

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