Company behind stablecoin TerraUSD Terraform Labs files for Chapter 11 bankruptcy
Things have gone downhill since the cryptocurrency was no longer able to maintain a one-to-one value with the US dollar.
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Lordstown Motors (RIDE) files for bankruptcy, sues Foxconn over funding agreement
Lordstown Motors is filing for Chapter 11 bankruptcy and suing Foxconn over allegations that the latter failed to provide agreed funding to the EV manufacturer.
Crypto lender Genesis files for Chapter 11 bankruptcy
The cryptocurrency world as taken another victim, with Genesis having between $1 and $10 billion in liabilities.
Crypto lender BlockFi reportedly preparing for bankruptcy, cites significant FTX exposure
BlockFi is the latest victim in the ongoing fallout of FTX's downfall.
FTX crypto exchange files for chapter 11 bankruptcy protection
Sam Bankman-Fried also stepped down as FTX CEO as John J. Ray III takes over during the bankruptcy process.
Musk reportedly told Twitter staff that bankruptcy isn't out of the question at all-hands meeting
During an emergency all-hands meeting with Twitter employees, Elon Musk reportedly shared that the threat of bankruptcy is looming.
THQ president: Company doomed by 'massive mistakes'
THQ's demise was not something that happened because of bad luck or a changing marketplace, but more a result of a "sea of bad decisions," with the uDraw tablet at or near the top of the list, according to company president Jason Rubin.
