Bankruptcy

Exchanges

Mt Gox Trustee: $400 Million Sale Didn’t Drop Bitcoin Price

The bankruptcy trustee for the defunct Mt. Gox exchange has denied that the sale of $400 million in BTC and BCH caused the recent drop in prices.

Policy & regulation  ·  19 March 2018
Exchanges

Mt Gox Trustee Sells $400 Million in Bitcoin and Bitcoin Cash

Mt Gox's bankruptcy trustee has sold $400 million worth of cryptocurrencies in the past few months.

Business  ·  7 March 2018
Exchanges

Hedge Funds Are Reportedly Racing to Buy Mt Gox Creditor Claims

International hedge funds are said to be moving to purchase claims held by customers of the failed bitcoin exchange Mt Gox.

Markets  ·  13 February 2017
Bitcoin

Class Action Lawsuit Resumes Against Bankrupt Bitcoin Miner KnC

A class action lawsuit filed against troubled bitcoin startup KnCMiner is proceeding in spite of a recent setbacks.

Tech  ·  6 June 2016
Bitcoin

Bitcoin Mining Firm KnCMiner Declares Bankruptcy

The parent company of Swedish bitcoin mine operator KnCMiner has declared bankruptcy.

Business  ·  27 May 2016
Regulation

California Bankruptcy Judge Says Bitcoin is Property, Not Currency

A US district judge has ruled that bitcoins are a kind of intangible property in an ongoing civil case in California.

Policy & regulation  ·  22 February 2016
Mining

HashFast’s $1 Million Question: Is Bitcoin a Currency or Commodity?

Berger Singerman LLP counsel Andrew Hinkes discusses what's at stake in an upcoming court hearing in the HashFast bitcoin miner bankruptcy case.

Markets  ·  18 February 2016
Law

Beyond Regulation: Why Bitcoin’s Pressing Problem is Civil Law

Berger Singerman LLP counsel Andrew Hinkes discusses bitcoin's lack of precedent in common law and the problems it may create for users.

Markets  ·  4 February 2016
Exchanges

Cryptsy Threatens Bankruptcy, Claims Millions Lost in Bitcoin Heist

Amidst a withdrawal freeze and the filing of a class action lawsuit in federal court, Cryptsy has announced that it is insolvent.

Markets  ·  15 January 2016
Fraud

11 Bitcoin Startups That Went Bust in 2015

This year, around nine bitcoin firms went belly up for a host of reasons. We take a look at what happened.

Markets  ·  26 December 2015
Startups

World Bitcoin Association Files for Bankruptcy Amid Landlord Legal Fight

The company that operates Bitcoin Center NYC has filed for Chapter 11 bankruptcy protection after months of legal wrangling.

Business  ·  18 March 2015
Bitcoin

Bitcoin Miner Aquifer Files for Chapter 11 Bankruptcy

California-based bitcoin mining company and MegaBigPower franchisee Aquifer LLC has filed for Chapter 11 bankruptcy protection.

Business  ·  23 February 2015
Bitcoin

Bitcoin Mining Firm CoinTerra Files for Chapter 7 Bankruptcy

CoinTerra has filed for Chapter 7 bankruptcy, naming hundreds of creditors in court documents filed on 24th January.

Tech  ·  27 January 2015
Bitcoin

Dutch Scrypt Mining Company Declared Bankrupt

Scrypt mining company Mining ASICs Technologies (MAT) has been declared bankrupt by a Maastricht, Netherlands, judge.

Tech  ·  9 January 2015
Crime

Bitcoin Trader Customers Face Losses After Management Disappears

The bitcoin arbitrage website, once prominent, has been shut down amid accusations of fraud.

Policy & regulation  ·  19 October 2014