The emergency preparation will allow the takeover to proceed without the usual “six-week consultation period” with shareholders, according to people familiar with the situation.
Creditor offers Bitcoin miner Core Scientific $72M to avoid bankruptcy
B. Riley suggested the embattled miner’s issues were “self-imposed” and outlined a path for it to avoid bankruptcy.
Wirecard Fallout: Auditor EY Accused of Not Flagging $2.1B Black Hole Sooner
Following a sharp drop in the Wirecard stock price, the German shareholders’ body holds EY responsible for not alerting the public sooner over the firm’s accounting failures.
Bitfinex Needs ‘A Few Weeks’ to Unfreeze Funds, CFO Tells Shareholder
A Bitfinex shareholder says its CFO told him the exchange needs ‘a few weeks’ to recover the funds at issue in the New York Attorney General probe.