Latest News Of bankruptcy Tag
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.
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.
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.
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.
Business 31 January 2019
NEM Foundation is almost bankrupt
The NEM blockchain, which is behind the NEM (XEM) cryptocurrency, isn’t doing so well.
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.
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.
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.
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.
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.
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.
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.