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Restructuring

Breaking news and updates about crypto companies that are going through restructuring, including rounds of layoffs and job cuts.

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Crypto Ecosystems

Metaverse & NFT

Genesis completes bankruptcy restructuring, begins distributing $4 billion in crypto and cash

August 2, 2024, 1:10PM EDT • Restructuring

Genesis is moving $1.5 billion in bitcoin and ether, likely for creditor repayments

August 2, 2024, 11:42AM EDT • Finance firms

Indian crypto exchange CoinDCX acquires BitOasis as part of international expansion plan

July 3, 2024, 8:55AM EDT • Mergers & Acquisitions

Former Apple, Google, Meta, Tesla and X execs join Sam Altman's Worldcoin project

July 2, 2024, 9:51AM EDT • People

Crypto custodian Bakkt is considering a potential sale or break up: report

June 7, 2024, 1:35PM EDT • Companies

FTX wants to pay the IRS $200 million instead of $24 billion in tax liabilities

June 4, 2024, 2:15PM EDT • Restructuring

Grayscale CEO Michael Sonnenshein departs role, former Goldman Sachs exec to step in

May 20, 2024, 10:08AM EDT • Companies

FTX plans to pay billions more to creditors for compensation

May 7, 2024, 9:44PM EDT • Bankruptcy

Yuga Labs restructures company, cuts roles to focus on smaller crypto-native team

April 26, 2024, 1:01PM EDT • Companies

FTX CEO John Ray calls Sam Bankman-Fried’s zero-harm claim ‘reckless’ and ‘false’

March 20, 2024, 9:54PM EDT • Companies