All articles tagged with #liquidation
Originally Published 2 months ago — by USA Today
Sonder announced plans to file for bankruptcy and initiate a court-supervised liquidation of its U.S. operations after failing to improve its financial situation following Marriott's termination of a licensing agreement, which led to hotel guests being asked to vacate on short notice.
Originally Published 2 months ago — by Bloomberg.com
Cryptocurrencies, including Bitcoin, continue to decline following a significant liquidation event in October, with institutional demand dropping below mining rates and market sentiment remaining cautious as investors await signs of a bottom, leading to a broader risk-off attitude and ongoing price struggles.
Originally Published 3 months ago — by TheStreet
Verijet, a Florida-based private jet charter airline, filed for Chapter 7 bankruptcy amid financial difficulties and the death of its founder, leading to the liquidation of its assets and cancellation of flights, adding to a series of airline shutdowns in 2025.
Originally Published 3 months ago — by Bloomberg.com
Cryptocurrencies experienced a $300 billion decline this week due to a wave of leveraged bets unwinding, with Bitcoin and Ether suffering significant drops amid broader market sentiment weakening and reduced corporate buying, marking the sector's most severe selloff in months.
Originally Published 3 months ago — by TheStreet
Opa Restaurant Group, a once rapidly expanding Greek/Mediterranean fast-casual chain, has filed for Chapter 7 bankruptcy, leading to the liquidation of its assets and the closure of all remaining locations, marking a significant decline after years of growth.
Originally Published 3 months ago — by Bloomberg.com
A $1.5 billion crypto market selloff highlights ongoing fragility and increased volatility, with traders bracing for further swings amid large options expiries and high leverage, especially in Ether, while Bitcoin remains relatively more stable.
Originally Published 3 months ago — by Business Insider
Bitcoin and Ethereum experienced significant declines amid a $1.5 billion liquidation wave in the crypto market, marking the largest such sell-off since March, with over 400,000 traders liquidated and major tokens dropping in value, though some recovery was observed later.
Originally Published 3 months ago — by Bloomberg.com
Cryptocurrency markets experienced a significant selloff with over $1.5 billion in bullish bets liquidated, leading to sharp declines in major tokens like Bitcoin and Ether, amid a broader market slowdown and profit-taking after recent highs.
Originally Published 4 months ago — by Bloomberg
Tricolor Holdings, a US-based used car seller and subprime auto lender focusing on undocumented immigrants, filed for Chapter 7 bankruptcy with liabilities between $1 billion and $10 billion, listing 25,000 creditors including major banks, and is expected to have its assets sold by a court-appointed liquidator due to its inability to restructure debt.
Originally Published 4 months ago — by The Guardian
Evergrande, once China’s second-largest property developer, has been delisted from the Hong Kong stock exchange after an 18-month trading freeze and liquidation process, marking its collapse from a peak valuation of over HK$400bn to just HK$2bn amid China’s ongoing property market downturn and massive debt default.
Originally Published 4 months ago — by The New York Times
China Evergrande, once China's largest property developer, is set to be delisted from the Hong Kong Stock Exchange after collapsing under over $300 billion in debt, leaving unfinished projects, thousands of homebuyers, and creditors worldwide in financial limbo, with ongoing legal efforts to recover assets and hold former executives accountable.
Originally Published 4 months ago — by Cointelegraph
Bitcoin surged to $117,300 after hints of an interest rate cut by the Federal Reserve, liquidating nearly $380 million in shorts and signaling a potential move towards $200,000 before year's end, with analysts optimistic about the ongoing uptrend.
Originally Published 5 months ago — by The New York Times
A Texas court ordered the liquidation of Infowars assets to pay over $1.4 billion in damages awarded to Sandy Hook families, marking a significant step in holding Alex Jones accountable for his false claims about the 2012 shooting.
Originally Published 5 months ago — by Bloomberg.com
China Evergrande Group will be delisted from the Hong Kong stock exchange, marking the end of its rise as a major developer amid China's housing crisis. The company's debt has surged beyond initial estimates to over $45 billion, and its liquidation process is ongoing, with shareholders facing near-total losses. The delisting reflects the broader decline of China's real estate sector and the changing business landscape for developers.
Originally Published 6 months ago — by CoinDesk
Bitcoin surged past $118,000, leading to over $1.13 billion in liquidations within 24 hours, primarily affecting short positions, as traders bet against the rally. The event marked the largest short-side wipeout of 2025, driven by bullish market sentiment and increased open interest in futures.