Tag: UCC
FTX to Sell Off Digital Custody at a Very Steep Markdown
After entertaining the possibility of restarting FTX following the bankruptcy process for a long time, lawyers for the defunct exchange have announced that that...
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BlockFi Seeks to Convert Trade-Only Assets Into Stablecoins
The bankrupt crypto lender has asked the court for permission to convert the remaining trade-only assets in user accounts into stablecoins that can...
FTX and Genesis Reach $175 Million Settlement, Resolving Complex Dispute
Genesis agrees to pay $175 million to FTX, aiming to smooth the path to bankruptcy confirmation and eliminate risks of prolonged litigation. ...
Quantum News Briefs August 15: Biden’s curbs on China could blunt Singapore’s edge in quantum technology, How Uranium Ditelluride (UTe2) could shape quantum computing;...
By Sandra Helsel posted 15 Aug 2023 Quantum News Briefs August 15:
Biden’s curbs on China could blunt Singapore’s...
FTX Debtors Battle for Asset Control
FTX's debtors have clashed with the Official Committee of Unsecured
Creditors (UCC) over the control of the asset of the collapsed cryptocurrency
exchange. The disagreement has...
FTX debtors and UCC clash over asset control in restructuring
FTX debtors led by chief restructuring officer John J. Ray III have expressed disapproval of traders and market makers within the Official Committee of...
FTX Reboot Proposal Presented as Part of Reorganization Efforts, FTT Jumped 10% Overnight
Disgraced crypto exchange FTX is looking to reboot its operations nearly nine months after sliding into bankruptcy.
According to a draft plan filed on...
FTX Proposes Exchange Reboot in Reorganization Plan
Some former FTX.com customers could opt to receive equity, tokens or other interests in the rebooted offshore exchange instead of a cash payout....
Cameron Winklevoss Issues 3-Day Ultimatum to DCG’s Barry Silbert, Threatens LawsuitÂ
Cameron Winklevoss, the co-founder and president of cryptocurrency exchange Gemini, has given Barry Silbert, the founder and CEO of embattled crypto empire Digital...
Nissin Foods Completes Acquisition of Equity Interest in Hong Kong Eastpeak Limited
HONG KONG, July 3, 2023 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods", together with its subsidiaries, the "Group"; Stock code: 1475) completed today the acquisition...
Voyager Creditors to Receive 35% of Claims in New Liquidation Plan: Report
Bankrupt crypto lender Voyager Digital will pay out $1.33 billion worth of crypto assets to customers with funds stuck on the platform. ...
Coinbase screws up, Florida bans CBDCs, and Ordinals face controversy: Hodler’s Digest, May 7-13
Top Stories This Week Coinbase calls Pepe a ‘hate symbol,’ prompting calls to boycott the exchange An email sent out to Coinbase customers...
Voyager Gives Up Finding Buyer, Plans to Liquidate After Binance Deal Goes Bust
Crypto broker Voyager Digital will now liquidate its assets deals to sell them FTX US and, more recently, Binance US, have fallen through. In a...
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