Latest News for: Bankrupt assets

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Celebrity investment podcaster has assets frozen by High Court

The Times/The Sunday Times 12 May 2025
A twice-bankrupt businessman whose podcast has featured celebrities and sports personalities has had a multi-million pound worldwide asset freezing order imposed by the High Court ...Business podcaster Matt Haycox declared bankrupt for a second time.
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Spain to introduce strict cash controls with €150K penalty for noncompliance

Cryptoslate 10 May 2025
The EU is bankrupt and will try to seize your assets.” ... shift toward a cashless, fully monitored economy, and acting as one of the best pieces of marketing for Bitcoin and decentralized digital assets.
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Celsius Network’s Alex Mashinsky sentenced to 12 years for crypto fraud

Cryptopolitan 08 May 2025
The founder of Celsius Network Alex Mashinsky was finally sentenced to 12 years in prison for crypto fraud ... Celsius Network promised high returns, but wiped out over $7B in value ... Reportedly, Celsius had up to $444M in assets on the bankrupt exchange.
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FTX missed out on $500 million after selling Anysphere’s Cursor AI stake for just $200K

Cryptoslate 06 May 2025
Bankrupt FTX has missed out on nearly half a billion dollars in potential profit after liquidating its early stake in Anysphere, the company behind the fast-rising AI code editor Cursor ... lost assets.
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Rite Aid looks to sell 16 Sacramento-area store leases amid bankruptcy

Business Journal 06 May 2025
Rite Aid has put its Sacramento-area store leases on the market as the bankrupt pharmacy chain looks to offload its assets ... .
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Lender seeks receiver for south Aurora office buildings after default

Denver Post 03 May 2025
... lender was ‘hyperaggressive, if not hostile’ State rep’s solar firm is bankrupt, will liquidate the last of its assets Denver permitting is ‘worst in the western U.S.,’ caused foreclosure, exec says.
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Redevelopment planned as Lakewood restaurant closes after 45 years

Denver Post 02 May 2025
NYC joint takes former Ian’s Pizza space in Denver’s Ballpark neighborhood Globeville office owners say lender was ‘hyperaggressive, if not hostile’ State rep’s solar firm is bankrupt, will ...
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Yukon legislators grill PwC over Eagle Gold cleanup

Mining 02 May 2025
Submitted photo ... However, they still don’t meet the mine’s own licence limits ... 30 ... PwC will apply to court on or before June 30 to approve its sale of the bankrupt company’s assets and investment-solicitation process so bidders can review that report.
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CMA CGM Expands Air Cargo Operations Closing Air Belgium Acquisition

The Maritime Executive 01 May 2025
The group received approval from the Belgian courts today, April 30, for its offer to acquire the bankrupt Air Belgium and transfer of the airline’s assets through an agreement with the court-appointed liquidator.
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GLG Life Tech Corporation Reports 2024 Annual & Fourth Quarter Financial Results

ACCESSWIRE 01 May 2025
... this asset transfer becomes fully effective ... In the course of the bankruptcy proceedings concerning Runyang, the Chinese court ultimately declared Runyang bankrupt, having liquidated all of its assets.
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FTX Files Lawsuit Against Two Companies for Allegedly Failing To Return Assets as Part of ...

The Daily Hodl 30 Apr 2025
The bankrupt crypto exchange FTX is suing two companies for allegedly not returning digital assets ... for failing to provide FTX with “contractually entitled tokens” as part of a broader effort to recover assets for its creditors.
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23andMe bankruptcy bid deadline extended as DNA privacy woes linger

East Bay Times 29 Apr 2025
Now, those samples — and the genetic data they yielded — have become the bankrupt company’s most marketable asset, and the prospect of the sensitive information being put up for auction has sparked ...
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Liberty Steel Liège’s bankruptcy was predictable – IndustriAll Europe

GMK Center 29 Apr 2025
In early February 2025, it became known that the bankrupt Liberty Steel Dudelange steel plant had found a potential buyer. The asset manager informed the trade unions that an agreement had been reached ...
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FTX pursues NFT Star and Delysium to recover millions in missing tokens

Cryptoslate 29 Apr 2025
FTX has launched new legal action against NFT marketplace NFT Star and AI platform Delysium, stepping up efforts to recover missing assets for its creditors ... The SENATE token is the governance asset within SIDUS HEROES.
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South Korea’s conservative party pushes for crypto promotion Act

Cryptopolitan 25 Apr 2025
South Korea signals a strategic shift toward embracing digital assets ... The amendment seeks to ensure that customers’ rights to reclaim their assets are not treated as general unsecured claims within the bankrupt estate.
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