Chapter 11 Bankruptcy

According to reports, all parties involved in the bankruptcy of cryptocurrency company Genesis have agreed to a 30 day mediation period. The agreement was submitted earlier this we

It is reported that FTX, the cryptocurrency exchange, applied to the US judge, hoping to give another six months to submit the reorganization plan in Chapter 11 of the bankruptcy law. It said that after the bankruptcy last year, the company needed more time to continue to clarify its financial situation and would “soon” publish the details of its assets and liabilities. According to a motion submitted to the Delaware District Bankruptcy Court of the United States on Friday, the company requested to propose a reorganization plan before September 7, compared with the previous plan of March 11. FTX applied to submit the bankruptcy reorganization plan within 6 months Analysis based on this information:FTX, a popular cryptocurrency exchange, applied to a US judge to extend the deadline for submitting its reorganization plan in Chapter 11 bankruptcy. The exchange seeks additional six months to continue to clarify its financial situation and publish the details of its assets and liabilities. The motion…

On March 4, according to a document in the Chapter 11 bankruptcy protection proceedings of Celsius on March 3, the conversion of 22962.8 WBTC to Bitcoin by Cel…