Tag: bankrupt
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Dutch e-bike maker VanMoof has gone bankrupt : NPR
[ad_1] A man rides a VanMoof brand e-bike in Amsterdam, Netherlands, Aug. 17. Piroschka van de Wouw/Reuters hide caption toggle caption Piroschka van de Wouw/Reuters A man rides a VanMoof brand e-bike in Amsterdam, Netherlands, Aug. 17. Piroschka van de Wouw/Reuters AMSTERDAM — More than two-thirds of the population of Amsterdam commutes to work on…
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Creditors of Bankrupt Crypto Lender Celsius Will Vote on Bankruptcy-Escape Plan
[ad_1] Creditors will be sent ballots to vote on the plan, involving the sale of assets to a consortium including Arrington Capital and miner U.S. Bitcoin Corp, between Aug. 24 and Sept. 22. Returns for creditors – which will largely be done in bitcoin (BTC) and ether (ETH) – could range from 67% for Earn…
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More Selling? Bankrupt Voyager Sends Millions In SHIB And ETH To Coinbase
[ad_1] Voyager Digital has been busy in recent months as it looks to sell its remaining crypto holdings on centralized exchanges. In its latest move, the bankrupt crypto brokerage has transferred millions in SHIB and ETH to Coinbase. According to on-chain data, Voyager moved SHIB and ETH tokens to Coinbase’s ledger on Friday, August 11.…
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Launched to great fanfare a few years ago, Lordstown Motors is already bankrupt
[ad_1] Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing. In early May electronics company Foxconn wavered on a $170 million investment in Lordstown. The Ohio company said in a regulatory filing at the time that it…
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Bankrupt Lending Platform Celsius Agrees To Purchase Bid By Fahrenheit
[ad_1] Bankrupt lending platform Celsius Community LLC has introduced that it has chosen a proposal by Fahrenheit because the profitable bid to guide the corporate out of chapter, in keeping with reporting by Reuters. Celsius, which filed for Chapter 11 safety in July, sought a purchaser to handle its cryptocurrency lending and bitcoin mining companies.…
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Bankrupt Crypto Firm’s NFT Assets Sells for $2.5 Million At Auction
[ad_1] Amid the continual downtrend within the non-fungible token (NFT) market buying and selling quantity, bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) has managed to show its monetary misfortune right into a exceptional success story. In line with a report printed by Reuters earlier at the moment, on Friday, Public sale home Sotheby’s introduced…
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Vice Media, once a digital media darling, is bankrupt
[ad_1] Vice Media, as soon as a digital video upstart previously valued at almost $6 billion, on Monday filed for chapter safety. Vice launched in Montreal, Canada, in 1994 as a free journal centered on various music and tradition. Backed by cash from different media corporations in addition to blue-chip Silicon Valley buyers, the corporate…
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How the home goods giant went bankrupt : NPR
[ad_1] Consumers stand exterior a Mattress Bathtub & Past retailer in New Jersey. Julio Cortez/AP conceal caption toggle caption Julio Cortez/AP Consumers stand exterior a Mattress Bathtub & Past retailer in New Jersey. Julio Cortez/AP A complete of 10 buyers meandered the huge and visibly sparse aisles of a Mattress Bathtub & Past in Northern…