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Tag: bankruptcy

Caroline Ellison’s Plea Deal: Can She Avoid Jail Time for FTX’s Fall?

Caroline Ellison, Key Witness in FTX Case, Seeks No Jail Time Caroline Ellison, the former CEO of Alameda Research and a pivotal witness in the...

Synapse Bankruptcy: The Fintech That Wasn’t a Bank Leaves Customers in the Cold

The Rise of Online-Only Lenders and the Fall of Consumer Protection The promise of FDIC insurance and safe banking has been a cornerstone of the...

Mt. Gox: Decade-Long Wait Ends, Bitcoin Repayments Begin

Mt. Gox Begins Bitcoin Repayments After 10-Year Bankruptcy: A $9 Billion Windfall for Creditors The long-awaited return of lost funds for creditors of the defunct...

Purdue Opioid Settlement on Verge of Collapse After Supreme Court Ruling

The hard-fought settlement of thousands of lawsuits against Purdue Pharma, the company best known for its prescription painkiller OxyContin, took a major setback on...

Fisker faced financial distress as early as last August

Fisker's Demise: A Glimpse into the EV Startup's Tumultuous Fall from Grace The once-promising electric vehicle (EV) startup, Fisker, has met a tragic end, filing...