Tag: business restructuring
FTX Bankruptcy: How Law Firms Racked Up a Whopping $103 Million
FTX’s bankruptcy lawyers and consultants are raking in $103 million, with Sullivan & Cromwell leading the charge. Find out more about their hefty fees!
Crypto Winter Hits Hard: Layoffs and Liquidation at Digital Currency Group
Thousands of job losses at Digital Currency Group as crypto winter deepens. Discover the impact on industry and companies amid restructuring efforts.
Token Foundry’s Harrison Hines Takes Legal Action Against Ethereum’s Joseph Lubin
Harrison Hines files lawsuit against Joseph Lubin over breach of contract, seeking over $13 million. Crypto world watches closely.
Leadership Shake-Up: Genesis Trading CEO Michael Moro Steps Down Amid Crypto Turmoil
Michael Moro steps down as CEO of Genesis Trading, navigating leadership changes as the crypto market faces volatility.
Genesis and DCG Reach Agreement to Restructure: What Creditors Can Expect
Genesis and DCG’s new plan promises creditors an 80% recovery as they navigate bankruptcy. Learn what this means for future crypto lending.
DragonEx Announces Temporary Withdrawal Solution Amid Ongoing Issues
DragonEx announces DWQ tokens for temporary crypto withdrawals after facing significant issues. Get the latest updates here.
Consensys Restructures Workforce Amid Expansion into New Ventures
Consensys announces 14% layoffs while restructuring to focus on software development and investments, marking a new direction for the blockchain giant.
GMO Internet Group Faces Mining Revenue Dips Amid Bitcoin Success
GMO Internet Group reveals mining revenue drops but sees a rise in Bitcoin rewards. Explore their restructuring plans and industry context.
North Carolina Businessman Wins Legal Battle Against IRS for Unjust Seizure of $107,000
Lyndon McLellan wins back $107,000 from the IRS after legal battles over unjust cash seizure due to structuring allegations.
North Carolina Store Owner Fights Back: IRS Returns $107,000 After Costly Legal Battle
North Carolina store owner wins back $107,000 from IRS after being wrongfully targeted for structuring. A journey of justice unfolds!
