GBP/USD 1.375 EUR/GBP 0.858 GBP/JPY 197.361 EUR/USD 1.180 GBP/AUD 2.092 USD/JPY 143.542 USD/CAD 1.365 AUD/USD 0.657 CAD/JPY 105.175 EUR/CAD 1.611 GBP/CAD 1.877 AUD/CAD 0.897 AUD/JPY 94.359 AUD/NZD 1.078 EUR/AUD 1.795 GBP/USD 1.375 EUR/GBP 0.858 GBP/JPY 197.361 EUR/USD 1.180 GBP/AUD 2.092 USD/JPY 143.542 USD/CAD 1.365 AUD/USD 0.657 CAD/JPY 105.175 EUR/CAD 1.611 GBP/CAD 1.877 AUD/CAD 0.897 AUD/JPY 94.359 AUD/NZD 1.078 EUR/AUD 1.795
CURRENCY .wiki

Finance News – Bankruptcy

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Investopedia • Jul 01, 2025

Wolfspeed Stock Soars as Chipmaker Goes Through With Bankruptcy Filing

Wolfspeed’s share price experienced a notable increase following the company’s initiation of formal insolvency proceedings, reflecting investor reactions to its current financial r...

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The Guardian – Business • Jun 25, 2025

Purdue Pharma plan moves forward despite challenge from opioid victim

Purdue Pharma’s reorganization plan advances in bankruptcy court despite concerns that potential government recovery funds intended for victim compensation may not be fully disclos...

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CryptoSlate • Jun 23, 2025

FTX fights back against 3AC’s ‘unreasonable and unsupportable’ $1.53B claim

FTX’s legal representatives have challenged a $1.53 billion demand by Three Arrows Capital, arguing that honoring this claim could significantly reduce the recoverable assets avail...

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Crypto News • Jun 23, 2025

FTX seeks to block 3AC’s $1.5B claim, alleges self-inflicted losses

FTX’s bankruptcy proceedings involve a significant dispute as the estate challenges a $1.5 billion claim by Three Arrows Capital, highlighting complex financial losses linked to hi...

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The Block • Jun 22, 2025

FTX lawyers say 3AC’s $1.5 billion claim ‘defies logic’ and should be tossed

FTX’s legal team argues that 3AC’s substantial financial demand lacks merit, asserting that the bankrupt entity holds no valid entitlement to funds within the ongoing insolvency pr...

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CryptoSlate • Jun 20, 2025

Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process

Alex Mashinsky’s relinquishment of claims to Celsius-related holdings significantly impacts his potential financial recovery as he and affiliated entities are excluded from receivi...

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Decrypt • Jun 20, 2025

Former Celsius CEO Alex Mashinsky Forfeits All Claims to Bankruptcy Proceeds

By relinquishing his rights to any bankruptcy disbursements, the former CEO enables a greater allocation of available assets to be paid out to those owed money by the company.

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ABC News Business • Jun 17, 2025

Fears WA's main power grid 'slowly collapsing' as gas plant teeters on edge

The financial instability of a major gas-fired power facility in Western Australia raises concerns about potential disruptions that may impact the broader energy market and increas...

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BBC Business • Jun 17, 2025

UK watchdog fines 23andMe for 'profoundly damaging' data breach

The regulatory penalty imposed on the DNA testing company highlights financial challenges amid its bankruptcy proceedings and upcoming ownership transfer, potentially impacting its...

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The Guardian – Business • Jun 16, 2025

23andMe’s founder wins bid to regain control of bankrupt DNA testing firm

Anne Wojcicki’s increased $305 million offer to reclaim the genetic testing company surpasses previous bids, reflecting significant investor confidence despite the firm’s recent de...

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Crypto News • Jun 13, 2025

Shaquille O’Neal Cuts $1.8M Check to Close FTX Lawsuit

Shaquille O’Neal's payment of $1.8 million marks the resolution of a prolonged legal dispute related to his association with the collapsed cryptocurrency platform FTX.

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Cointelegraph • Jun 10, 2025

UK appoints specialist to recover crypto from bankruptcy cases

The UK Insolvency Service has engaged an expert with investigative experience to assist in retrieving digital assets for creditors involved in insolvencies and legal proceedings re...

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MarketWatch Top Stories • Jun 09, 2025

EchoStar may be considering this unusual way to protect itself from the government, and the stock is...

EchoStar is evaluating bankruptcy as a strategic option to maintain its licenses amid regulatory challenges, which is causing investors to react negatively and the company’s stock...

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Investopedia • Jun 09, 2025

EchoStar Stock Drops as Dish Parent Reportedly Considers Bankruptcy Filing

The potential bankruptcy consideration by the parent company of EchoStar has led to a notable decline in the stock's value, reflecting investors' concerns about the firm's financia...

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The Guardian – Business • Jun 05, 2025

23andMe back on the auction block after former CEO makes 11th-hour bid

The recent $305 million offer from a principal insider disrupted a prior $256 million purchase deal, potentially altering the financial outcome of the company’s bankruptcy asset sa...

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The Guardian – Business • May 22, 2025

WeightWatchers scraps business model to team up with anti-obesity drugs provider

The collaboration with a pharmaceutical company offering GLP-1 treatments represents a strategic move for the brand to diversify revenue streams and address declining market compet...

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MarketWatch Top Stories • May 21, 2025

Wolfspeed’s stock more than halves its value as bankruptcy fears build

The company’s increasing financial obligations and potential restructuring have led to a significant decline in its market valuation, reflecting growing investor concerns about its...

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Investopedia • May 21, 2025

Wolfspeed Stock Plummets 70% on Report Firm Preparing to File for Bankruptcy

The company’s shares experienced a significant decline as investors reacted to news of potential legal proceedings that could impact its financial stability and overall market posi...

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Crypto News • May 20, 2025

Binance, CZ, filed to dismiss $1.76b lawsuit by FTX bankruptcy team

Binance and its CEO have challenged a $1.76 billion claim from FTX’s bankruptcy team, asserting they bear no responsibility for the financial difficulties leading to FTX’s insolven...

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Cointelegraph • May 20, 2025

Binance seeks to dismiss $1.76B FTX lawsuit, blames SBF for collapse

Binance’s effort to reject the $1.76 billion claim challenges allegations of insolvency and improper asset use, potentially impacting the resolution of significant bankruptcy proce...

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The Block • May 20, 2025

Genesis LOC files new lawsuits against DCG, Barry Silbert to recoup billions for creditors

Genesis Global has initiated legal action against DCG and its leadership, seeking to recover substantial funds for creditors following allegations of mismanagement that led to fina...

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Decrypt • May 15, 2025

FTX Will Hand Out Over $5 Billion in Bankruptcy Repayments This Month

Starting May 30, creditors of FTX are expected to receive distributions totaling more than $5 billion as part of the ongoing bankruptcy resolution process.

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Cointelegraph • May 14, 2025

Ex-Cred execs plead guilty to wire fraud over $150M crypto collapse

Customers of the failed crypto lending platform experienced significant financial losses estimated between $65 million and $150 million due to misleading information and undisclose...

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BBC Business • May 07, 2025

WeightWatchers files for bankruptcy as fat-loss jabs boom

WeightWatchers is facing financial challenges due to increasing debt and intensified rivalry from the growing popularity of pharmaceutical treatments for weight reduction.

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Quartz • May 07, 2025

Weight Watchers goes bankrupt even as it tries to ride the Ozempic boom

WeightWatchers has filed for bankruptcy due to over $1 billion in debt, aiming to restructure its finances while shifting focus toward weight loss medications such as GLP-1 treatme...

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Euronews Business • May 07, 2025

WeightWatchers files for bankruptcy in a bid to cut its debt

The company facing persistent financial challenges disclosed intentions to initiate bankruptcy proceedings to restructure its obligations and collaborate with creditors in an effor...

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CBC Business • May 07, 2025

WeightWatchers files for bankruptcy after weight-loss drugs capsized industry

WW International sought Chapter 11 bankruptcy to restructure its debt following industry changes caused by the rapid rise of new obesity medications impacting its traditional reven...

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CryptoSlate • May 06, 2025

FTX missed out on $500 million after selling Anysphere’s Cursor AI stake for just $200K

By liquidating its initial investment in Anysphere at a significantly lower valuation, the bankrupt exchange forfeited substantial potential revenue tied to the company's growth in...

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Cointelegraph • May 06, 2025

Celsius’ Mashinsky lashes out at ‘death-in-prison sentence’

The sentencing outcome in this high-profile case could significantly impact investor confidence and regulatory scrutiny within the cryptocurrency lending industry, affecting market...

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Cointelegraph • May 05, 2025

What do crypto users want to happen to Alex Mashinsky?

The outcome of Alex Mashinsky’s sentencing could influence future enforcement in the crypto industry, highlighting potential financial accountability for executives involved in fra...

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