Latest News Of bankruptcy Tag
Business 11 October 2019
BTC miner in the US ordered to liquidate assets
BCause had filed for reorganization but its creditors asked the court to turn it into liquidation. It will lay off 27 full-time employees.
Business 8 October 2019
QuadrigaCX founder’s widow hands over $9M in assets to repay users
It appears that Jennifer Robertson was able to find a way to make restitution after her deceased husband’s exchange fell into bankruptcy.
Business 1 August 2019
Bankrupt QuadrigaCX exchange forced to pay $1.2 million in legal fees
The story asserted that its financial woes were caused by banking partners and discovered that the millions of dollars reportedly held for users by the platform had most likely been mismanaged
Business 23 May 2019
Cobinhood exchanges reportedly goes bust—or not
Cobinhood has reportedly gone under, succumbing to the issues that plagued a number of companies during the prolonged crypto winter.
Business 16 May 2019
Critical hack pushes Cryptopia exchange over the brink of liquidation
New Zealand-based Cryptopia is closing after filing for bankruptcy, several months after the crypto exchange was hit with a $15 million hack.
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.