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Tag: chapter 11 bankruptcy

Fintech Nexus Newsletter (April 22, 2024): Synapse files for bankruptcy, assets acquired by TabaPay

Late Friday, we learned that Synapse has filed for Chapter 11 bankruptcy and that its assets will be acquired by payments infrastructure company TabaPay. This will not...

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20-Year Prison Sentence for FTX Founder Sam Bankman-Fried

A federal judge decided on Thursday that Sam Bankman-Fried must serve 20 years in jail for the fraud and conspiracy that finally brought down...

Sara Stratoberdha named new CEO of CoinDesk

Bullish, the new owner of CoinDesk, has initiated a major restructuring that includes replacing CEO Kevin Worth.  Sara Stratoberdha, the former head of business development...

BlockFi and 3AC Resolve Counterclaims in Bankruptcy Settlement, but There’s a Catch

A settlement between defunct crypto lending company BlockFi and the collapsed hedge fund Three Arrows Capital (3AC) was approved by a US bankruptcy court...

💸 Green February for Crypto?

Hello and welcome to another crypto news round-up by Coinigy.February is here. And two things consistently happen this month…a) 84% of men dash to...

Junkyard Gem: 2011 Saab 9-3 XWD Turbo4 Sport Sedan

The final years of Saab were pretty grim. General Motors, owner of the beloved Swedish carmaker since 2000, was hit hard by the Great...

US charges trio in FTX crypto exchange hack

U.S. authorities have charged three individuals for their alleged involvement in the FTX cryptocurrency exchange hack.  The suspects, whose identities remain undisclosed, are accused of...

Electron launches NorthStar satellites in latest recovery test

ORLANDO, Fla. — Rocket Lab launched the first four satellites for space situational awareness (SSA) company NorthStar Earth and Space Jan. 31 in another...

FTX Crashed Bitcoin Price Below $40K – Here’s How

Following the conversion of Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund, the bankrupt FTX’s assets have now sold approximately $1 billion worth of...

Terraform Labs Seeks U.S. bankruptcy shield

Terraform Labs, the Singapore-based company behind the Terra blockchain and its native cryptocurrency LUNA, has filed for Chapter 11 bankruptcy protection in the United...

Digital Currency Group Has Paid Off $1,000,000,000 in Short-Term Debt, Says CEO Barry Silbert – The Daily Hodl

Digital Currency Group (DCG) CEO Barry Silbert says the venture capital firm has settled over $1 billion in debt, including the nearly $700 million...

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