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Bankruptcy
Democratizing Investing: A Revolution in the Making?
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The Institutionalization of Bitcoin: Effects on Price and
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Wealthtech and the Democratization of Investing
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ZuluTrade Launches Operations in Mauritius
Thought Leadership
Democratizing Investing: A Revolution in the Making?
Education Center
The Institutionalization of Bitcoin: Effects on Price and
Education Center
Wealthtech and the Democratization of Investing
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ZuluTrade Launches Operations in Mauritius
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Bankruptcy
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CryptoCurrency
Crypto Lender Genesis Files for Bankruptcy in New York
Three companies have been named in the bankruptcy filings.
The lending business has estimated to have more than 100,000 creditors.
Friday, 20/01/2023 | 08:01 GMT
by
Arnab Shome
CryptoCurrency
Midas Shuts Down as Another Victim of FTX Collapse
After FTX, the platform lost 60% of its AuM.
However, Midas wants to launch a brand new CeDeFi project next year.
Wednesday, 28/12/2022 | 11:54 GMT
by
Damian Chmiel
CryptoCurrency
CySEC Extends FTX EU’s CIF License Suspension to March 2023
Japan extended the suspension of FTX Japan to March 9, 2023.
Australia's regulator's suspension stands until May 15, 2023.
Thursday, 22/12/2022 | 23:03 GMT
by
Solomon Oladipupo
CryptoCurrency
US Court Grants Bail to Sam Bankman-Fried on Hefty $250M Bond
The bond were co-signed by his parents who are Standard Law professors.
Bankman-Fried has been charged with wire, commodities, and securities fraud.
Thursday, 22/12/2022 | 20:36 GMT
by
Solomon Oladipupo
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CryptoCurrency
US’ CFTC Charges Bankman-Fried, FTX.com and Alameda with Fraud
The regulator said the defendants' action resulted in a loss of over $8 billion.
The CFTC accused Bankman-Fried of manipulating FTX.com's codes to favour Alameda Research.
Tuesday, 13/12/2022 | 19:24 GMT
by
Solomon Oladipupo
CryptoCurrency
Crypto Lender BlockFi Files for Bankrupty Protection in the US
The development comes weeks after BlockFi halted customer withdrawals.
The crypto lender owes FTX.US $275 million.
Monday, 28/11/2022 | 18:00 GMT
by
Solomon Oladipupo
CryptoCurrency
Singapore’s MAS: FTX Not Licensed, Protection of Local Users Impossible
The regulator noted that FTX operated as an offshore entity.
It reiterated that FTX's local subsidiary Quoine was included in bankruptcy filing.
Monday, 21/11/2022 | 17:15 GMT
by
Solomon Oladipupo
CryptoCurrency
FTX Saw ‘Complete Failure of Corporate Controls’ under Bankman-Fried
John Ray III stated this in a new court filing dated Thursday.
Corporate funds were used to purchase homes for employees, the new CEO says.
Thursday, 17/11/2022 | 19:21 GMT
by
Solomon Oladipupo
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CryptoCurrency
BlockFi on the Brink of Bankruptcy? Another Victim of FTX Collapse
The crypto lender plans to lay off staff and go bankrupt, according to WSJ.
It is another potential move after freezing deposits last week.
Wednesday, 16/11/2022 | 11:01 GMT
by
Damian Chmiel
CryptoCurrency
FTX’s Bankruptcy: AZA Finance Denounces Listing of Its Entities in Filing
AZA Finance said 23 of its entities were erroneously listed in the filing.
FTX listed FTX.com, FTX.US, Alameda Research and approximately 130 affiliated companies.
Saturday, 12/11/2022 | 15:52 GMT
by
Solomon Oladipupo
CryptoCurrency
Troubled FTX Files for Bankruptcy as CEO Sam Bankman-Fried Resigns
Bankman-Fried has been replaced by John J. Ray III.
The bankruptcy proceeding includes FTX.com, FTX.US, Alameda Research and 130+ affiliates.
Friday, 11/11/2022 | 15:27 GMT
by
Solomon Oladipupo
CryptoCurrency
FTX US Deal with Voyager Offers 72% Funds Recovery
Voyager filed for Chapter 11 bankruptcy on July 4.
On September 28, FTX US won a bid to acquire the company's digital assets.
Thursday, 20/10/2022 | 08:46 GMT
by
Damian Chmiel
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FinTech
Nuri (Previously Bitwala) Is Closing Down
The company failed to raise funds or find an acquirer.
It entered into insolvency three months ago.
Wednesday, 19/10/2022 | 08:59 GMT
by
Arnab Shome
CryptoCurrency
FTX and Alameda Ventures Propose to Provide Early Liquidity to Voyager's Customers
FTX strives to seal the transaction by 17 August 2022.
3AC loans to be excluded from the joined offer.
Sunday, 24/07/2022 | 13:40 GMT
by
Matti Williamson
FinTech
FCA Says Alexander David Securities Has Appointed Joint Liquidators
Shane Cooks, Emma Sayers and Malcolm Cohen of BDO LLP to serve as joint liquidators.
Eligible clients to get up to £85,000 from FSCS.
Monday, 04/07/2022 | 14:11 GMT
by
Solomon Oladipupo
News
Coronavirus Pushes German Fintech Monedo to Go Bankrupt
The startup was once a high-flying fintech in the country.
Previously, the startup harvested public data to evaluate the risks of potential customers
Monday, 14/09/2020 | 11:46 GMT
by
Arnab Shome
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Payments
Wirecard AG to Cut 730 Jobs as Insolvency Proceedings Commence
Michael Jaffé has been appointed as the insolvency administrator by the Munich District Court.
Wednesday, 26/08/2020 | 04:08 GMT
by
Celeste Skinner
Brokers
USGFX Administrators Have Real Concerns Over True Financial Position
The amount of creditor claims far surpasses what was disclosed in USGFX’s financial records.
Thursday, 30/07/2020 | 07:58 GMT
by
Celeste Skinner
News
Wirecard Files for Insolvency with Missing €1.9 Billion
Trades on the company’s shares have been suspended on Frankfurt exchange.
Thursday, 25/06/2020 | 11:05 GMT
by
Arnab Shome
News
Fcoin to Resume Operations with Compensation Promises
Whether the exchange can run successfully is still under question.
Thursday, 27/02/2020 | 13:35 GMT
by
Arnab Shome
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Regulation
FSCS to Return Funds to Eligible Clients of SVS Securities
The FSCS is currently working with the special administrators to find the best way to return the money.
Monday, 04/11/2019 | 12:10 GMT
by
Celeste Skinner
Prime Brokerage
Director Confirms PoP Broker GCM Prime is Solvent
The solvency statement was filed through the UK’s Companies House.
Thursday, 31/10/2019 | 07:53 GMT
by
Celeste Skinner
Brokers
Exclusive: ayondo German Subsidiary Files for Insolvency
The group, which has raised S$10 million since the filing, said "deteriorating conditions" in Europe were to blame
Thursday, 05/09/2019 | 11:23 GMT
by
David Kimberley
News
Cryptopia Owes At Least $2.7 Million to Its Creditors
The exchange’s liability to its customers for their deposits is still unknown.
Friday, 31/05/2019 | 11:10 GMT
by
Arnab Shome
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News
Rumors of Bankruptcy, Exit Scam Swirl Around Cobinhood
Crypto community members are coming after Cobinhood with torches raised; the exchange still hasn't addressed their concerns.
Wednesday, 22/05/2019 | 07:33 GMT
by
Rachel McIntosh
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