bankruptcy

Report: FTX Billings Suggest More Work on Potential Reboot
Report: FTX Billings Suggest More Work on Potential Reboot
May 23, 2023  |  Cryptocurrency

FTX CEO John Ray III reportedly spent 6.7 hours in April on tasks related to a potential reboot of the bankrupt cryptocurrency exchange. Ray, who...

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7 Companies Declare Bankruptcy Over Weekend in 15-Year Record
7 Companies Declare Bankruptcy Over Weekend in 15-Year Record
May 15, 2023  |  Economy

At least seven companies declared bankruptcy in the last 48 hours, a reported 15-year record. Among the firms seeking Chapter 11 protection were digital media...

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Bankrupt Health Firm Envision Blames Downfall on COVID and Insurers
Bankrupt Health Firm Envision Blames Downfall on COVID and Insurers
May 15, 2023  |  Healthcare

Private equity-backed Envision Healthcare has filed for bankruptcy, citing COVID, inflation and clashes with insurers. The Tennessee-based company, backed by investment giant KKR, announced in...

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Bittrex Files for Chapter 11 After Closing US Crypto Business
Bittrex Files for Chapter 11 After Closing US Crypto Business
May 09, 2023  |  Cryptocurrency

Cryptocurrency exchange Bittrex has declared bankruptcy after closing its U.S. business. “Having previously announced that Bittrex, Inc. would be ceasing all operations in the U.S....

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Apollo Global Management Reportedly Participating in Bid for Celsius
Apollo Global Management Reportedly Participating in Bid for Celsius
May 08, 2023  |  Cryptocurrency

Asset manager Apollo Global Management is reportedly participating in one of the bids for Celsius. The firm is one of the investors in a bid...

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Voyage Self-Liquidates After $1 Billion Binance Deal Collapses
Voyage Self-Liquidates After $1 Billion Binance Deal Collapses
May 07, 2023  |  Cryptocurrency

Bankrupt crypto lender Voyager Digital is closing down following two failed attempts to sell itself. According to a Friday (May 5) court filing, the company will self-liquidate its...

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Tuesday Morning Shuts Doors Amid Retail Bankruptcies
Tuesday Morning Shuts Doors Amid Retail Bankruptcies
May 02, 2023  |  Retail

After declaring bankruptcy twice in as many years, discount retailer Tuesday Morning is folding. “Starting today, we have begun the process of closing all our...

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Merchants Offering Discounts and Support to Bed Bath & Beyond Customers
Merchants Offering Discounts and Support to Bed Bath & Beyond Customers
April 28, 2023  |  Retail

Merchants are working to gain business that used to go to Bed Bath & Beyond. The retailer that declared bankruptcy this week had 35 million...

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Binance Reverses Course and Abandons $1 Billion Voyager Deal
Binance Reverses Course and Abandons $1 Billion Voyager Deal
April 25, 2023  |  Cryptocurrency

Crypto exchange Binance.US has terminated its agreement to purchase bankrupt crypto firm Voyager Digital. The move comes just days after federal regulators dropped their ongoing...

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