Genesis, approved for a $3 billion payout to creditors, covers 77% of claims, excluding Digital Currency Group (DCG). Genesis filed for bankruptcy in 2023 after losses from Three Arrows Capital and FTX collapses. DCG's exclusion follows a repayment plan, resolving a $620 million lawsuit.
Huang BoXRP faces liquidations totaling $1.32 million, predominantly affecting long positions. Market sentiment remains bearish, reflected in declining trading volume and open interest. Despite challenges, experts anticipate a bullish trajectory, advocating for accumulation as XRP trades at around $0.6.
EdmundGenesis seeks court approval to liquidate $1.6 billion in Grayscale Trust assets amidst bankruptcy, aiming to mitigate risks and maximize creditor returns amid market volatility.
BrianFTX, the troubled cryptocurrency exchange, abandons plans for revival, opting for liquidation to repay customers after failed negotiations. Despite pricing controversies, FTX strives for full repayment, prompting scrutiny from the UK crypto community and underlining the need for regulatory safeguards.
JoyEvergrande faces a critical liquidation hearing tomorrow, backed by key bondholders seeking to dissolve the debt-ridden giant. Uncertainty looms over share trading and asset sale, raising concerns about market impacts and potential repercussions for the broader construction industry.
SanyaTeam Liquid memelopori aliansi transformatif dengan Illuvium, terlibat dalam kolaborasi NFT dan integrasi esports, menandai langkah signifikan dalam persimpangan esports arus utama dan game Web3.
JasperKreditor Hodlnaut mengatakan mereka lebih memilih perusahaan menjalani likuidasi setelah menolak proposal restrukturisasi.
BeincryptoLangkah tersebut, yang diberikan oleh pengadilan British Virgin Islands pada bulan November, memungkinkan para pejabat untuk meminta saran restrukturisasi.
CoindeskSalah satu pendiri Ethereum dilaporkan telah menerima sekitar 5.000 ETH sebelum melakukan deposit ke Uniswap, di mana dia menukar ETH dengan USDC.
BeincryptoUndang-undang Singapura menawarkan perlindungan sementara terhadap proses dan klaim hukum apa pun, yang menurut perusahaan akan memberikan ruang bernapas untuk fokus pada rencana pemulihannya.
Cointelegraph