bankruptcy

Genesis Reduces Headcount and Discusses Bankruptcy
Genesis Reduces Headcount and Discusses Bankruptcy
January 05, 2023  |  Cryptocurrency

Genesis Global Trading is reportedly considering filing for bankruptcy. The cryptocurrency lender has also laid off 30% of its staff across departments, The Wall Street...

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Bankruptcy Judge: Celsius Owns Bulk of Customer Crypto Deposits
Bankruptcy Judge: Celsius Owns Bulk of Customer Crypto Deposits
January 05, 2023  |  Cryptocurrency

Celsius owns most of the customer deposits on its platform, a federal judge has ruled. In his ruling Wednesday (Jan. 4) in the cryptocurrency lender’s bankruptcy...

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Bed Bath & Beyond Faces Potential Bankruptcy Filing
Bed Bath & Beyond Faces Potential Bankruptcy Filing
January 05, 2023  |  Retail

In the face of ongoing challenges, Bed Bath & Beyond said Thursday that it is exploring bankruptcy and other strategic alternatives. In a report Thursday (Jan. 5)...

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Federal Crypto Task Force Joins Fight to Find FTX’s Missing Billions
Federal Crypto Task Force Joins Fight to Find FTX’s Missing Billions
January 04, 2023  |  Legal

Federal prosecutors are forming a joint task force to “trace and recover” missing FTX funds. That’s as the exchange’s former CEO and founder, Sam Bankman-Fried,...

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Bahamas Securities Commission Reports Seizing $3.5B in FTX Assets
Bahamas Securities Commission Reports Seizing $3.5B in FTX Assets
December 30, 2022  |  Cryptocurrency

The Bahamas’ Securities Commission seized $3.5 billion from FTX just after the company’s bankruptcy. The regulator announced the seizure Thursday (Dec. 29), saying the cryptocurrency...

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Bankman-Fried Used Alameda Funds to Buy Robinhood Shares, Court Documents Say
Bankman-Fried Used Alameda Funds to Buy Robinhood Shares, Court Documents Say
December 27, 2022  |  Cryptocurrency

The question of ownership of FTX’s shares of Robinhood stock has become more complicated.  FTX founder and former CEO Sam Bankman-Fried (SBF) told a court...

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Sam Bankman-Fried Released on $250M Bond and Electronically Monitored 
Sam Bankman-Fried Released on $250M Bond and Electronically Monitored 
December 22, 2022  |  Cryptocurrency

Sam Bankman-Fried has been released on a $250 million bond.  During his first court appearance in the United States on Thursday (Dec. 22), the FTX...

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AMC Entertainment Discusses Acquisition of Some Cineworld Theaters
AMC Entertainment Discusses Acquisition of Some Cineworld Theaters
December 21, 2022  |  Acquisitions

AMC Entertainment discussed a potential acquisition of Cineworld assets with some of that firm’s lenders. The discussions centered on certain theater assets in the United...

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Crypto Miner Greenidge Generation Seeks Debt Restructuring 
Crypto Miner Greenidge Generation Seeks Debt Restructuring 
December 20, 2022  |  Cryptocurrency

Aiming to stave off bankruptcy, crypto miner Greenidge Generation is aiming to restructure its debt.  The firm said in a Tuesday (Dec. 20) press release...

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