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The lenders of the bankrupt cryptocurrency lender Genesis are not satisfied with the latest in-principle settlement agreement with other parties including the Digital Currency Group (DCG).The Ad Hoc Group of Genesis Global Capital (GGC) lenders — represented by lawyers Brian Rosen and Jordan Sazant — on Aug. 29 responded to
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Crypto mining firm Argo Blockchain has reported it had been negotiating to sell assets and “engage in an equipment financing transaction” in an effort to avoid filing for bankruptcy.In a Dec. 12 announcement, Argo Blockchain said it was at risk of having insufficient funds to continue operating within a month,
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There is a group called the Terra Rebels whose goal is to restore the natural environment of Terra Classic. On Twitter, a member by the name of Architect123 recently updated the community on the most recent developments in the ecosystem. Let’s take a quick glance at some recent developments: Recent statistics suggest that
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The independent examiner in crypto lender Celsius’ bankruptcy case has alleged that the company failed to set up “sufficient” accounting and operational controls in its handling of customer funds. In an interim report released on Nov. 19, examiner Shoba Pillay made a number of stark observations in her court-appointed investigation into
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