Vauld gets permission for board restructuring from the court
Singapore-based crypto exchange has been ongoing bankruptcy proceedings since August 2022.
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FTX debtors and UCC clash over asset control in restructuring
FTX strongly criticized the UCC's pursuit of asset control, as it recommended that debtors allocate nearly $2.6 billion...
Core Scientific appoints Adam Sullivan as CEO amid restructuring process
The company claims to have seen a boost in liquidity in recent months and is expected to exit bankruptcy proceedings by...
Google DeepMind restructuring aims to deliver next-gen AI breakthroughs
The new unit, Google Deepmind, was formed by merging the Brain team from Google Research and DeepMind, a London-based AI...
Zipmex requests 2-month extension from Singapore court for restructuring plan
A ruling from Singapore’s High Court originally allowed Zipmex a moratorium until December 2022 to handle debt relief am...
Crypto exchange Huobi returns to profitability in Q1 after restructuring
After cutting employees and benefits, the cryptocurrency exchange reportedly made a $30 million profit during the first...
Celsius Network to make April 12 filing, including info on voting for restructuring plan
"Our Disclosure Statement will provide a summary of the Plan, account-holder recovery percentages, FAQs, and additional...
CoinFLEX restructuring approved in Seychelles as rebranding reportedly continues
The Seychelles courts have approved a plan that would give 65% of the company to creditors and 15% to employees as CoinF...
Binance US restructuring plan favored by 97% of Voyager customers
An overwhelming majority of Voyager account holders want Binance US to buy out the firm’s assets.
Celsius‘ motion to extend timeline for restructuring plan faces objection from creditors
“It is time to allow the Debtors’ customers to propose their own plan for the assets that they were defrauded into inves...
