Deadline Approaching: Mt Gox Trustee Sets Final Cut-off Date for Creditors to Claim Over $3 Billion in Recovered Bitcoin
The Tokyo bankruptcy court trustee for the defunct Japanese bitcoin exchange Mt Gox, Nobuaki Kobayashi, has published a letter stating that creditors have until March 10, 2023 (Japan Time) to register their repayment claims. Kobayashi explains that the team is dealing with “a large number of inquiries” and may not be able to respond to creditors in time if they have questions about the process.
A Withdrawal Was Opened to Clients of Celsius Custody
Bankrupt Celsius has started withdrawing funds for clients holding deposit accounts for the first time since June last year. But there are a number of restrictions.
Celsius Custody Customers Begin Withdrawing Funds, Details Inside
Bankrupt crypto lender Celsius Network has finally opened up withdrawals for certain customers, almost a year after it suspended withdrawals before filing for Chapter 11 bankruptcy.
32,000 Voyager Customers May Be on the Hook for Bankruptcy Clawbacks
Voyager’s former Chief Innovation Officer Shingo Lavine warned that the platform could enact customer clawbacks under Chapter 11 bankruptcy rules – potentially affecting 32,000 users.
Address Dormant For 2 Years Sends 68B Shiba Inu To Voyager
Voyager, a bankrupt crypto lending firm, recently received 68 billion Shiba Inu (SHIB) from an unidentified wallet that has been dormant for two years. Shortly after receiving the SHIB tokens, Voyager transferred $12.3 million worth of crypto to Coinbase, including 300 billion SHIB.
Mt. Gox Bankruptcy Repayments Unlikely to Destabilize Bitcoin: UBS
Creditors of crypto exchange Mt. Gox are about to recover some of their funds following a 10-year liquidation process, but concerns that large amounts of bitcoin (BTC) will be released onto the market are overdone, UBS (UBS) said in a report Monday.
Voyager Customers Vote in Favor of Bankruptcy Plan
Voyager announced on March 1 that 97% of its customers have voted in favor of its bankruptcy plan, which includes selling its assets to Binance.US.
97% of Crypto Lender Voyager Customers Vote in Favor of Bankruptcy Plan
Voyager customer voting on the company’s chapter 11 plan has concluded and been finalized.
Genesis Creditors File To Restrict Bankrupt’s Firm Intercompany Transactions
Genesis’ committee of unsecured creditors filed an objection to the bankrupt’s lender request to continue intercompany transactions, according to a Feb. 20 court filing.
Celsius Failed to Record Some 7,000 Intercompany Transfers Worth Billions Leading Up to Bankruptcy
Bankrupt crypto lender Celsius did not sufficiently record transactions between its affiliate companies, making it near impossible to "fully reconstruct" intercompany claims, court filings from Thursday show.
