In a bold and alarming statement, on-chain analyst OxChain raised the possibility of a catastrophic collapse involving Strategy (formerly MicroStrategy), the Bitcoin proxy firm co-founded by Michael Saylor. According to OxChain, this potential downfall could surpass the infamous collapse of FTX. ‘Strategy’s Bitcoin Tactics Resemble Ponzi Scheme’ In a recent post on X (formerly Twitter),…
IBC Sees Highest-Ever Recovery in FY25 but Resolution Delays and Haircuts Remain a Drag: ICRA Moneylife Read the original article here
The first home buyer lost $2088 when the business she was buying whiteware from went into liquidation. File photo. Photo: RNZ A customer who has been left $2000 out of pocket due to the failure of an appliance retailer says there need to be better protections for unsecured creditors. The woman – who did not…
Kjell Inge Rokke’s AMSC to make final payment of up to $11m before liquidation Tradewinds News Read the original article here
Kjell Inge Rokke’s AMSC to make final payment of up to $11m before liquidation Tradewinds News Read the original article here
While the amount wasn’t revealed, Anacacia indicated it stemmed from its $300 million Private Equity III LP fund. It also has dabbled frequently in winning federal government tenders over the last 15 years, as listings on AusTender show Mwave has won a collective $2.4 million across 61 tenders. Founded by Victor Lee in 2006, Mwave…
Will Esoteric come back? Music festival enters voluntary administration Bendigo Advertiser Read the original article here
Justice Derrington issued freezing orders against various parties as requested, upon seeing some arguable basis for the plaintiff’s allegations that: the first defendant’s directors engaged in deliberately misleading conduct to induce the plaintiff to invest funds significant, wilful misinformation also aided the investment the plaintiff still owned the money transferred to the…
Esoteric Festival has called time. After a rollercoaster year for the beloved fest, which was forced to its cancel 2025 edition at the eleventh hour, festival co-founder and direct Sam Goldsmith confirms the worst. Esoteric Festival Pty Ltd, he explains, has entered voluntary administration with effect from June 11th 2025. “This is by far the…
Kjell Inge Rokke’s AMSC to make final payment of up to $11m before liquidation Tradewinds News Read the original article here