chapter 11

WeWork Emerges From Bankruptcy Protection

WeWork, once valued privately at $47bn and seen as future of workplace, emerges from bankruptcy protection in US

2 days ago

FTX To Repay Creditors In Full, $11 Billion

Good news for creditors. CEO John Ray III says bankrupt crypto exchange FTX will be able to fully repay creditors…

1 month ago

Celsius Network Approved To Exit Bankruptcy

New Jersey-based Celsius Network receives US bankruptcy court approval for a restructuring plan so it can exit Chapter 11

7 months ago

Google Russia Declared Bankrupt After Bank Account Seizure

Russian subsidiary of Google officially declared bankrupt after authorities in Moscow seized bank account in dispute with Western tech

8 months ago

Sam Bankman-Fried Trial Begins With Jury Selection

Trial of former crypto multi-billionaire Sam Bankman-Fried begins in New York, with jury selection underway

9 months ago

Ransomware Attack Blamed As Logistics Firm Collapses

Devastating ransomware attack blamed, as veteran firm KNP Logistics enters administration with 730 jobs lost

9 months ago

FTX’s Sam Bankman-Fried Sent To Jail Over Witness Tampering

FTX's Sam Bankman-Fried sent to jail in the US after judge revokes his $250 million bail over witness tampering

10 months ago

Campaign Finance Charge Against FTX’s Sam Bankman-Fried Dropped

Federal prosecutors drop another charge against FTX co-founder Sam Bankman-Fried, due to extradition agreement with Bahamas

11 months ago

Virgin Orbit Shuts Down After Chapter 11 Filing

Sir Richard Branson ends Virgin Orbit operations going forward, with assets being sold off to rivals in space launch sector

1 year ago

Sam Bankman-Fried Pleads Not Guilty To Additional Charges

Court appearance for former head of FTX, who pleads not guilty to five additional charges from US federal prosecutors

1 year ago

FTX Agrees Deal To Recover $400m From Hedge Fund

New management of failed crypto exchange FTX announce deal to recover more $400 million from a Bahamas-based hedge fund

1 year ago

Virgin Orbit Nears Deal For Emergency Funding, After UK Launch Failure

Days after Virgin Orbit halted operations and furloughed staff, comes a report it is close to securing emergency funding

1 year ago

Sam Bankman-Fried Allegedly Received $2.2 Billion From FTX Entities

Filings from bankrupt FTX show it made transfers of about $2.2 billion to company founder Sam Bankman-Fried

1 year ago

Silvergate Bank To Close Down, Amid FTX Aftermath

Silvergate Capital, one of the two main banks for the crypto industry, announced on Wednesday that it will wind down…

1 year ago

Lawyers For FTX’s Sam Bankman-Fried Hint At Trial Delay

Legal team for former FTX CEO Sam Bankman-Fried suggest they may need more time to prepare legal defence of their…

1 year ago

Former FTX Engineer Pleads Guilty To Fraud Charges

Former engineering director of collapsed cryptocurrency firm FTX has pleaded guilty to six criminal charges, including fraud

1 year ago

FTX’s Sam Bankman-Fried Hit With Four More Charges

Four new criminal charges leveled at FTX's Sam Bankman-Fried concerning illegal political donations and bank fraud

1 year ago

Avaya Files For Chapter 11 Protection, Again

Filing for bankruptcy protection will allow cloud comms provider Avaya to reduce its total debt burden to manageable levels

1 year ago

FTX’s Sam Bankman-Fried Ordered Back To Court, After VPN Use

Federal judge unhappy that FTX's Sam Bankman-Fried used virtual private network (VPN) whilst under house arrest

1 year ago

Recharge Industries Makes Surprise Bid For Britishvolt – Report

Aussie battery startup Recharge Industries reportedly makes non-binding offer for collapsed UK battery firm Britishvolt

1 year ago

Crypto Lender Genesis Files For Chapter 11

Another victim of the fallout from FTX collapse, as crypto lender Genesis files for Chapter 11 bankruptcy protection

1 year ago

Britishvolt Calls In Administrators, After Months Of Struggle

Despite staff at battery start-up Britishvolt in Northumberland taking a pay cut last year, the firm has now filed for…

1 year ago

FTX Recovers $5bn In ‘Liquid’ Assets

Potential good news for customers, as lawyers for FTX say at least $5 billion of liquid assets have been recovered

1 year ago

Court Rules Celsius Network Owns Customer Crypto Assets

Legal setback for customers of bankrupt Celsius Network, after US judges rules firm owns most of the deposited cryptocurrency

1 year ago

FTX’s Sam Bankman-Fried Pleads Not Guilty To Fraud Charges

Faced a possible 115 years in prison, FTX's Sam Bankman-Fried pleads not guilty to fraud charges, as trial is slated…

1 year ago

FTX Customer Lawsuit Seeks Recovery Of Digital Assets

Class action lawsuit filed by FTX customers against failed crypto exchange and its arrested former CEO Sam Bankman-Fried

1 year ago

FTX’s Sam Bankman-Fried Released On $250m Bail, To His Parents

Sam Bankman-Fried has been freed on $250m, but must remain under strict supervision at parents’ California home

1 year ago

Two Bankman-Fried Associates Plead Guilty To Fraud

FTX founder Sam Bankman-Fried arrives in America and is expected in court, as two former associates plead guilty to fraud…

1 year ago

Bitcoin Miner Core Scientific Files For Chapter 11

One of the largest publicly traded crypto mining companies in the US, Core Scientific, is filing for Chapter 11 bankruptcy…

1 year ago

US SEC Charges FTX Sam Bankman-Fried With Fraud

Sam Bankman-Fried is accused by US authorities of defrauding investors after regulators called FTX “a house of cards”

2 years ago