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Tag: creditors

Bank Reconciliation Audit: A Complete Guide

Audit Bank Reconciliation Guide Both internal and external accounting audits are essential parts of financial management as well as organizational risk management. A bank reconciliation...

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Sullivan and Cromwell’s Sale of Solana (SOL) at a Massive Discount Raises Concerns among FTX Creditors

The recent sale of 2/3 of $2.6 billion worth of Solana tokens by law firm Sullivan and Cromwell at a significant discount has sparked...

Genesis Sells GBTC Shares, Acquires 32,041 Bitcoins to Repay Creditors

Industry News The defunct crypto lending firm used the funds to purchase 32,041 Bitcoins. Genesis settled with the SEC for $21 million recently for its Gemini...

Guide to Virtual Bookkeeping and Automation

Gone are the days of tedious manual data entry and stacks of paper ledgers. Businesses are now embracing the virtual to streamline their financial...

BC Court Freezes $250K of QuadrigaCX Co-founder’s Assets

Crypto Enforcement | April 1, 2024 Image: Unsplash/Anne NygårdBC's Director of Civil Forfeiture has secured an interim preservation order against assets associated with Michael...

Anthropic founders block Saudi Arabia from buying FTX-owned stake

AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto...

Galaxy Asset Management’s AUM Exceeds $10 Billion Milestone

Galaxy Asset Management reaches a new pinnacle with over $10 billion in assets under management, reflecting robust institutional interest in digital assets. Galaxy Asset...

SAS receives court approval of its Chapter 11 plan, backed by Air France-KLM as new investors

SAS has announced that the U.S. Bankruptcy Court for the Southern District of New York (the “Court”) has approved SAS’ Plan of Reorganization (“Chapter...

Creditors demand Rudy Giuliani sell his $3.5 million Florida condo to pay debts

Rudy Giuliani, the former personal lawyer for former U.S. President Donald Trump, arrives at the E. Barrett Prettyman U.S. District Courthouse in Washington, D.C.,...

BYJU’S Counters U.S. Court Allegations, Asserts $533 Million Safely Parked

BYJU'S and the Battle Over $533 Million: A Tug of War with CreditorsIn a dramatic turn of events in the legal saga involving BYJU’S,...

Silverbird enters special administration

Silverbird, the digital payments platform for international trade,...

Bitcoin Price $72,000 Within Reach

We normally don’t do this on a Monday to give way to the weekly local newsletter, but still welcome to BitPinas Key Points: Easily digestible...

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