FG Nexus Becomes the Newest Ethereum Treasury Company to Liquidate ETH Amid Sharp Decline in Value
Simply put FG Nexus has sold off over $31 million worth of its Ethereum assets. The news led to a more than 7% decline in the company’s shares, bringing its monthly loss to nearly 37%. FG Nexus has utilized the proceeds to buy back its own shares and currently retains $115 million in ETH. Shares […]
Auto dealer Tricolor declares bankruptcy and plans to liquidate.
Tricolor Files for Bankruptcy Amid Fraud Allegations On Wednesday, auto dealer Tricolor submitted a Chapter 7 bankruptcy petition in Texas, signaling its intent to liquidate. This move came just a day after Fifth Third Bank issued warnings about potential fraudulent activities involving the company. The bankruptcy filing reveals that Tricolor, which ranks as the third-largest […]
Bankruptcy Court Trustee Files Motion to Liquidate, ‘Wind-Down’ Alex Jones’ Infowars
A bankruptcy court trustee has filed a motion to liquidate and “wind down” Alex Jones’ Infowars media platform, with funds to be used to pay more than $1 million in legal judgments over comments he made about the 2012 Sandy Hook Elementary School shooting. Christopher Murray submitted According to ABC News, Trump filed a motion […]
Bankruptcy court trustee plans to shut down Alex Jones' Infowars, liquidate assets
The bankruptcy trustee for Alex Jones said on Monday that he plans to shut down Jones’ media site Infowars and liquidate his business assets to repay the families of the victims of the Sandy Hook High School shooting. Court-appointed trustee Christopher Murray said in an “emergency” motion that he would conduct an “orderly winding down” […]
Bankruptcy Judge Rules Alex Jones Must Liquidate Personal Assets To Pay Sandy Hook Families
A federal bankruptcy judge in Texas ruled Friday that Infowars founder Alex Jones must liquidate personal assets to pay families of victims of the Sandy Hook shooting, rejecting Jones’ proposed bankruptcy plan for Infowars’ parent company, Free Speech Systems. Presiding Judge Christopher Lopez ordered Jones to liquidate his personal assets to pay $1.5 billion in […]
Judge orders Alex Jones to liquidate assets to pay $1.5 billion Sandy Hook judgment
A federal judge on Friday ordered the liquidation of Alex Jones’ personal assets, but a decision has yet to be made on a separate bankruptcy case for his company that threatens to shut down Infowars. “Infowars will probably end here soon,” the popular Infowars host said Friday morning on his way to a hearing in […]
Alex Jones to liquidate assets to pay off $1.5B Sandy Hook judgment
Alex Jones plans to liquidate his assets to pay $1.5 billion in defamation damages from families of children killed in the Sandy Hook Elementary School shooting, who are suing him for saying the mass murder was a hoax. Jones, host of the popular website Infowars, has abandoned efforts to resolve a judgment related to his […]
Cohen predicts Trump will have to liquidate assets after fraud verdict
Michael Cohen, former President Trump’s former fixer, said he believes Trump will have to liquidate his assets following the recent fraud verdict. “They’re going to have to start liquidating their assets,” Cohen said. Said In an interview with anchor Ali Velshi on MSNBC’s “Vershi,” Trump said the legal fees President Trump owes in various lawsuits […]
China Evergrande Ordered to Liquidate After Racking up $300 Billion in Debt
A Hong Kong court on Monday ordered giant company China Evergrande Group into liquidation, a move that has long been feared but is perhaps inevitable, putting China’s troubled real estate market at risk. This brings us one step closer to a major crisis. Hong Kong judge Linda Chan I got it. Her ruling found Evergrande […]
Court orders China’s bankrupt Evergrande to liquidate
Jeff Sica, founder of Circle Squared Alternative Investments, explains how AI hype could impact Apple, Alphabet, Microsoft’s Varney & Co.’s bottom line . Bankrupt Chinese real estate giant Evergrande was ordered into liquidation by a Hong Kong judge on Monday after the debt-laden company failed to present a stable restructuring plan more than two years […]