fortress – DIGIT INFO

Ripple pulls back from Fortress acquisition 20 days after announcement

DIGIT — Thu, 28 Sep 2023 19:16:45 +0000

Ripple’s CEO Brad Garlinghouse shared the news on X, saying it will remain an investor in Fortress Trust.

Mt Gox Creditors Asked to Approve a Settlement Proposal Drafted by Coinlab

DIGIT — Sat, 16 Jan 2021 17:30:20 +0000

On January 15, the public was made aware of a deal between the firm Coinlab Inc., the Mt Gox bankruptcy trustee, Nobuaki Kobayashi, alongside MGIFLP, a subsidiary of Fortress Investment Group. According to the proposal, Mt Gox creditors will be able to claim as much as 90% of the bitcoin held by Kobayashi and the […]

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Japanese Court Upheld Former Mt Gox CEO’s Conviction for Manipulating Data

DIGIT — Fri, 12 Jun 2020 22:26:58 +0000

A Japanese high court upheld the Tokyo-based lower court’s decision to reject the former Mt Gox CEO’s appeal. Mark Karpeles was arrested in 2015 and accused of “manipulating electronic data” and managed to duck embezzlement charges. The former boss of Mt Gox, Mark Karpeles, now has to face the music for his prior “manipulating electronic […]

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Novogratz: We Have Money-Printing Orgy Going on, Amazing Environment to Buy Bitcoin

DIGIT — Wed, 08 Apr 2020 16:35:28 +0000

Galaxy Digital chairman Michael Novogratz said that bitcoin is his pick under the current financial situation, describing it as an “amazing environment” to buy bitcoin. With “global money printing orgy,” a possible another trillion-dollar stimulus package, and “money growing on trees,” Novogratz said this is the year for bitcoin. Also read: IMF Declares Global Recession, […]

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Fortress Financial Group Increases Buyout Offer for Mt. Gox Claims

DIGIT — Thu, 20 Feb 2020 05:20:00 +0000

The group has offered more to purchase claims from creditors who lost money from the infamous $480 million hack

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Fortress Renews Offer to Buy Mt Gox Claims for $778 per Coin

DIGIT — Fri, 20 Dec 2019 23:00:24 +0000

According to reports, the New York-based private equity firm Fortress is offering Mt Gox creditor claims at $778 per coin. The offer is 13.5% lower than what Fortress offered in July and Mt Gox claimants have until December 31 to accept the offer. Also read: Reports Criticize Bitcoin SV Miners and the Chain’s Upcoming Fork […]

The post Fortress Renews Offer to Buy Mt Gox Claims for $778 per Coin appeared first on Bitcoin News.

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