Top Stories
Bankruptcy News
Financial instability continues to shake the crypto industry, and bankruptcy news tracks major collapses of exchanges, lending platforms, and hedge funds. From liquidity crises to court battles, bankruptcies have long-term effects on investors, creditors, and the broader digital asset market. Regulatory responses continue to shape how insolvencies are handled.
Top Bankruptcy Stories
Latest Bankruptcy News
News
Bitcoin mining pool operator Poolin Technology and two affiliated companies have filed for Chapter 11 bankruptcy protection in New Jersey, with court records placing Poolin’s estimated liabilities between $100 million and $500 million. Verita Global’s case information page shows that…
News
Dutch prosecutors have sold cryptocurrency seized from bankrupt trading platform Knaken for €2.2 million ($2.5 million), leaving the proceeds as the only money currently available in an estate facing customer claims estimated at €10 million to €12 million. Dutch regional…
News
Dutch prosecutors sold Knaken’s remaining crypto for €2.2 million as its trustee investigated a shortfall affecting thousands of customers.
News
Storj Labs files for Chapter 11 after raising about $35 million while keeping cloud services active and proposing tokenholder equity access.
News
Movement Labs has filed for Chapter 11 bankruptcy with no more than $500,000 in assets and liabilities that could reach $10 million following more than a year of turmoil around the MOVE token. Court records show that MVMT Labs submitted…
News
Dutch crypto exchange Knaken has been declared bankrupt as prosecutors investigate an alleged €7M shortfall in customer funds.
News
Michelle Bond has lost her bid to dismiss criminal charges, with a federal judge setting her trial to begin on Nov. 9 after rejecting arguments tied to her husband Ryan Salame’s plea agreement. According to an order from Judge George…
News
Swan Bitcoin faces $970M Prime Trust lawsuit over 11,994 BTC, cash, stablecoins and XRP allegedly moved before bankruptcy in 2023 in courts.
News
Federal prosecutors have urged a U.S. court to grant a reduced sentence to former Celsius executive Roni Cohen-Pavon, citing his cooperation in the case against the company’s founder. According to a letter filed Monday in the U.S. District Court for…
News
Terraform Labs’ court-appointed bankruptcy administrator has filed a lawsuit against market maker Jane Street for allegedly using non-public information to profit from the 2022 collapse of the Terra ecosystem. The lawsuit was filed on Monday and accused Jane Street insiders,…
News
Bitcoin Depot Inc. is confronting legal and financial challenges after its Canadian subsidiary received an $18.47 million arbitration award.
News
A Texas bankruptcy court has slammed the door on Nathan Fuller, denying his discharge in a landmark move. His attempt to use Chapter 7 to erase debts from an exposed crypto Ponzi scheme backfired, setting a powerful precedent. According to…
Feature
As U.S. bankruptcies climb past pandemic levels, is crypto becoming the unexpected safe harbor for capital hunting?
News
Celsius repayment update — crypto lender starts $220.6M third payout, bringing creditor recovery close to 65%.
BTC
Bitcoin
News
FTX’s bankruptcy case continues to move forward as the exchange prepares for its next round of creditor repayments, set to begin at the end of September. The update offers progress for creditors still waiting nearly three years after FTX’s collapse…
News
FTX’s bankruptcy estate is pushing back against a $1.5 billion claim from Three Arrows Capital, arguing the failed hedge fund is trying to recover losses from its risky bets. In a 94-page objection filed June 20 in the U.S. Bankruptcy…
