Latest News for: Bankrupt assets


Gemini customers get back over $2 billion in crypto from Genesis bankruptcy

Live Mint 29 May 2024
Unlike other crypto companies that went bankrupt after a 2022 market crash, Genesis was able to return customers' crypto to them rather than liquidating a limited pool of assets and paying them back in cash.

Gemini Earn Recovers 97% Of Customers’ Lost Crypto

BitRSS 29 May 2024
Gemini’s bankrupt crypto lending arm has ...

Potential buyers show interest in Valley hospitals

The Vindicator 29 May 2024
WARREN — Steward Health Care has received interest from a number of potential buyers for some or all of the bankrupt health care provider’s assets in Ohio and Pennsylvania, according to a ...

Winnetka private equity firm wins bankruptcy auction for Oberweis Dairy

Chicago Tribune 29 May 2024
Geoff Hoffmann, co-CEO of his family’s eponymous Winnetka-based private equity firm, emerged as the top bidder Wednesday for the bankrupt assets of the century-old Oberweis Dairy, putting everything ...

Mt. Gox cold wallet completes transfer of 141K BTC to new wallet

Cryptoslate 28 May 2024
Mt. Gox, the digital assets exchange that infamously went bankrupt in 2014 following a significant hacking incident, is once again making headlines ... Axler Adler Jr, author at CryptoQuant, says.. “All funds from the Mt ... New Mt Gox Wallet. (Source.

Bitcoin Drops 2% As Collapsed Crypto Exchange Mt. Gox Transfers $5 Billion In BTC To Unknown Wallet

Pinkvilla 28 May 2024
Bitcoin fell 2% as a result of market fears raised by the $5 billion worth of BTC that was moved from Mt ... By ... follow us ... This is done ahead of the October deadline for the bankrupt cryptocurrency exchange to turn over its assets of Bitcoin to creditors.

Revealed: Real reason why bankrupt Katie Price can

The Daily Mail 25 May 2024
The model has been made bankrupt for the second time, owing HMRC a back taxes bill of some £761,994.05 - and has been given until next month to vacate and sell her home to enable her to clear her debt.

Boris Becker looks dapper in a black three piece suit as he joins his showbiz ...

The Daily Mail 24 May 2024
Becker was charged with insolvency crimes in 2022 after declaring himself bankrupt and hiding assets worth £2.5m ... He hid the money by not declaring his share in a huge £1m German property as well as £700,000 cash from a loan among other assets.

From Crypto King’s Perch to Auction Block: FTX Bahamas Penthouse for Sale

Coin Edition 24 May 2024
FTX’s $30 million Orchid penthouse is now up for sale ... A lavish penthouse atop the Orchid building in Nassau, Bahamas, is as part of the ongoing liquidation of assets belonging to bankrupt cryptocurrency exchange FTX.

Eight interested in buying Tattered Cover ahead of June 12 auction

Denver Post 23 May 2024
The company told Romero that it talked with several brokers and marketing firms that specialize in selling bankrupt assets, then decided not to hire any of them.

Steward Health proposes timeline to sell hospitals

The Vindicator 21 May 2024
WARREN — Steward Health Care System has proposed bidding procedures for its assets, which include three hospitals in the Mahoning Valley ... Those dates also would be for the system’s other assets, according to the filing.

Gemini to return 97% of frozen assets in-kind to Earn users by month’s end

Cryptoslate 20 May 2024
Meanwhile, this development marks a significant relief for Earn users, whose assets have been frozen since November 2022 due to the liquidity crisis that hit Genesis, the now-bankrupt crypto lender.

Gemini Earn to repay customers’ crypto by month-end

CryptoNewsZ 20 May 2024
According to a company announcement, Gemini, a Genesis creditor, will return assets to customers by the end of the month ... The plan outlines a detailed process for allocating assets to lenders based on claim denomination.

Crypto lender Genesis will return $3 billion to defrauded customers after company filed for...

The Daily Mail 20 May 2024
... a settlement agreement wherein Genesis would return cryptocurrency worth around $2 billion back to roughly 232,000 Gemini customers whose assets were frozen in the lead up to Genesis going bankrupt.

Failed Crypto Firm Genesis Approved to Repay Creditors Billions

Live Mint 18 May 2024
(Bloomberg) -- Bankrupt crypto lender Genesis Global Capital won court approval of its plan to distribute billions of dollars in digital assets and cash to creditors, defeating a legal challenge brought by its corporate parent Digital Currency Group.

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