bankruptcy

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Goodbye Coinbase the Risk is not worth the APP. And why you should get off the platform too

14 May 2022 2 minute read 6 comments Wisdoms1

Hello again and Welcome back so as many know of controversy it was this that prompted me to look closer into Coinbase rather than using like a new toy with no understanding of how it works. So at the Time of this article Coinbase stock that I used to...

Crypto Lender Cred Files for Bankruptcy Following Alleged Fraudulent Activity

9 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan

Crypto lender Cred filed for chapter 11 bankruptcy in the United States on Nov. 7, a month after the company said it was investigating fraudulent activity involving corporate funds. Cred filed for bankruptcy in the state of Delaware, with assets of...

Australian Exchange TAGZ is shutting down

1 Jul 2020 1 minute read 0 comments WlanWerner

Yesterday, on 30 June 2020, the Australian crypto exchange TAGZ announced it's shut down due to the Covid-19 pandemic in a press statement published on Twitter. According to their statement, there is no possibility to remain profitable. All Users no...

One of the Oldest Blockchain Companies Factom Inc. Files For Bankruptcy

22 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

Factom (FCT), the company behind the Factom Protocol, has filed for Chapter 11 bankruptcy, according to a CoinDesk report published on June 19. The company was unable to find new investors and pay off roughly $7.5 million in debt.  The submission whi...

Colombian National Airline Avianca Files for Bankruptcy Protection

11 May 2020 1 minute read 0 comments AverageVancouverite

Columbia's national airline, Avianca, has filed for Chapter 11 bankruptcy protection in a court in New York, the United States of America, after revealing that the Covid-19 coronavirus pandemic had cut over 80% of its income. Under Chapter 11, Avianc...

Bitgrail: short history of a predictable collaps

27 Apr 2020 3 minute read 0 comments Marchi in Crypto

Bitgrail: short history of a predictable collaps   The world of cryptocurrencies is vulnerable to many types of attacks: hacks, ponzi schemes, pure and simple thefts. The amount of money that has passed and passes through the system, sometimes helped...

Mdlx, mdly The panic continues 47 cents on the dollar bonds

20 Mar 2019 1 minute read 0 comments edexter

(This is not investment advice do your own due diligence)  The panic in mdly and mdlx has continued into Wednesday plunging to below 47 cents on the dollar and beyond.  It appears that there is no mention of management contracts except in some of the...