restructuring plan – DIGIT INFO

Indian crypto exchange WazirX charts recovery path after $235M cyberattack

DIGIT — Fri, 10 Jan 2025 08:38:15 +0000

WazirX has implemented a Singapore-backed restructuring plan to recover from its July 2024 $235 million cyberattack.

WazirX slams external forces for delaying restructuring efforts

DIGIT — Sun, 25 Aug 2024 09:02:51 +0000

This restructuring plan is expected to provide greater clarity on the steps WazirX will take to stabilize its operations and protect its users’ interests.

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FTX Reaches Settlement With IRS on $24 Billion Tax Claim

DIGIT — Tue, 04 Jun 2024 20:40:39 +0000

Crypto exchange FTX has reached a settlement with the Internal Revenue Service (IRS), reducing its $24 billion claim to $200 million to be paid within 60 days after the company’s restructuring plan is approved. Additionally, the U.S. tax authority will receive a $685 million lower priority claim, payable only if funds are available after satisfying […]

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Disney reportedly scraps its metaverse division

DIGIT — Tue, 28 Mar 2023 06:30:00 +0000

The metaverse division was initially created to work on new ways of engaging Disney’s audience.

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SEC snubbed as Voyager wins court approval for sale to Binance US

DIGIT — Tue, 07 Mar 2023 23:13:39 +0000

The ruling allows the crypto lender a path out of its bankruptcy, but it still has to undertake some due diligence with Binance US before the sale is final.

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