/ Bankruptcy


Court Rules That $375M of Users’ Crypto in Interest Accs Belongs to BlockFi
/ Policy

Court Rules That $375M of Users’ Crypto in Interest Accs Belongs to BlockFi

This Thursday, a Federal Judge ordered BlockFi to repay nearly $300 million to its customers, but ruled that an additional $475 million in interest-bearing ...

May 11, 2023
Crypto Exchange Bittrex Files for Chapter 11 Bankruptcy

Crypto Exchange Bittrex Files for Chapter 11 Bankruptcy

A month after announcing its departure from the US, and several weeks after getting targeted by the SEC, Bittrex has filed for Chapter 11 bankruptcy.

May 08, 2023
BlockFi Greenlight to Sell $4.7 Worth of Mining Rigs by Bankruptcy Court

BlockFi Greenlight to Sell $4.7 Worth of Mining Rigs by Bankruptcy Court

The bankruptcy court in New Jersey recently approved BlockFi’s sale of 6,400 cryptocurrency mining rigs.

March 24, 2023
Judge Approves Transfer of $20M Worth of Core Scientific Equipment to PPM

Judge Approves Transfer of $20M Worth of Core Scientific Equipment to PPM

Today’s decision formalized a previous “good faith” agreement between Core Scientific and Priority Power Management.

March 20, 2023
The Warnings Signs and Red Flags Before Three Banks Fell

The Warnings Signs and Red Flags Before Three Banks Fell

Could regulators have drawn from multiple red flags to halt SVB's downfall?

March 17, 2023