Category: Bankruptcy

Bankrupt Bitcoin Miner Giga Watt Forced to Cease Daily Operations

Bankrupt U.S.-based bitcoin mining firm Giga Watt has confirmed that it’s been forced to shut down day-to-day operations. The firm…

After Cancelling ICO, Crypto Startup Zwoop Filed for Administration: Report

The board of directors of cryptocurrency and e-commerce startup Zwoop reportedly filed for administration at the end of November last…

U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam

Cubits, a London-based digital asset trading platform, has been forced into administration after fraudsters reportedly stole €29 million (about $32.5…

Former Mt. Gox CEO Could Face 10 Years in Jail Over Embezzlement

Japanese prosecutors are seeking a 10-year jail term for Mark Karpeles, the former CEO of Mt. Gox. The embattled Frenchman,…

Giga Watt Drastically Revises Assets in Updated Bankruptcy Filing

Bankrupt U.S.-based bitcoin mining firm Giga Watt just hiked the value of its assets in a revised filing. The firm…

Bitcoin Mining Firm Giga Watt Declares Bankruptcy Owing Millions

U.S.-based bitcoin mining firm Giga Watt has declared bankruptcy with millions still owed to creditors. The firm filed for Chapter 11…

Mt Gox Bankruptcy Trustee Sells Approximately 25,000 BCH and BTC

Mt Gox has published an announcement that its civil rehabilitation and bankruptcy trustee, Nobuaki Kobayashi, has liquidated 25,331 BCH and…

Mt Gox’s Corporate Creditors Can Now File Claims for Bitcoin Refunds

The trustee of the long-defunct bitcoin exchange Mt. Gox has announced that corporate creditors can now enter claims to claw…

This website uses cookies.