Bankruptcy is a legal status of a person or organization that cannot repay the debts it owes to creditors. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankruptcy is not the only legal status that an insolvent person or organization may have, and the term bankruptcy is therefore not a synonym for insolvency.
All stories in Bankruptcy
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Wirecard ominously pumps 140% during an irrational month for bankruptcy stocks
Shares in fallen fintech giant Wirecard jumped 140%, in what appears to be the latest irrational market pump for stock that ...
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At least 7,500 Robinhood traders bought Hertz stock after its latest 100% pump
Not only did Robinhood users as a whole miss selling Wednesday's top, nearly 7,500 traders took fresh positions in Hertz ...
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Bankrupt Hertz targets Robinhood traders in plot to dump $1 billion in stock
Hertz's bankruptcy sparked a market rally eerily reminiscent of the darkest days of 2017's cryptocurrency and blockchain ...
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The crazy story how self-driving's biggest star stole Google secrets, joined Uber, and became bankrupt
Anthony Levandowski was one of the self-driving industry's brightest and most influential minds. But his passion for progress ...
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The true, cocaine-fueled story behind Back to the Future's time-traveling DeLorean
This weekend is the 35th anniversary of Back to the Future's release. Let's take a look back at its most iconic character, ...
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Estonian crypto exchange was actually run by Israeli firm, employees claim
After a petition by its own staff, an Israeli firm that runs a heavily-hyped cryptocurrency exchange, DX.Exchange, is reportedly ...
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Dutch blockchain game firm founder arrested after misleading backers with $86M investment
The founder of Dutch blockchain game company Komodore64 has been arrested after reportedly deceiving suppliers, investors, ...
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Canada's Revenue Agency is now curious about defunct crypto exchange QuadrigaCX's tax returns
Canada’s Revenue Agency is now looking into the corporate tax returns submitted by QuadrigaCX, the troubled cryptocurrency ...
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Cryptocurrency exchange Blockport goes bankrupt after failed STO
Blockport has declared bankruptcy after its security token offering (STO) failed to meet its minimum expectations last month. ...
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QuadrigaCX saga continues as cryptocurrency exchange moves to bankruptcy
QuadrigaCX, the cryptocurrency exchange which owes its customers $134 million in cryptocurrency following the unexpected ...
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Cryptocurrency exchange QuadrigaCX should declare bankruptcy, EY says
Defunct cryptocurrency exchange QuadrigaCX’s should enter bankruptcy proceedings, according to a report by Ernst & Young ...
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A brief history of Mt. Gox, the $3B Bitcoin tragedy that just won't end
Mt. Gox's ex-CEO Mark Karpelès faces court in Japan this Friday, which means the long-running case of its "missing" Bitcoin ...
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Italian court forces BitGrail CEO to repay $170M in ‘lost’ cryptocurrency
An Italian judge has reportedly ordered Francesco Firano, CEO of shady cryptocurrency exchange BitGrail, to repay the $170M ...
