Electric motorcycle company Cake held talks with Harley-Davidson and other automakers in 2023 as it fought to stay alive, founder and CEO Stefan Ytterborn told TechCrunch in an interview Tuesday. The
Electric motorcycle startup Cake filed for bankruptcy February 1, CEO Stefan Ytterborn has confirmed to TechCrunch. The Swedish company was in the middle of a funding round, just prior to the filing,
Bird has filed for Chapter 11 bankruptcy, capping off a turbulent year for the electric scooter company. In a press release today, Bird confirmed that it had entered into a “financial restructur
WeWork is on the verge of filing for Chapter 11 bankruptcy in New Jersey, according to sources cited by The Wall Street Journal. If WeWork does indeed file, it shouldn’t come as a shock to close
New York Attorney General Letitia James filed a lawsuit against three crypto companies: Gemini Trust Company, Genesis Global Capital and its affiliates and Digital Currency Group (DCG) for allegedly d
Shift Technologies, the San Francisco-based online used car startup turned publicly traded company, filed this week for Chapter 11 bankruptcy. The short story, according to recent filings, is that the
The move comes after the New York-based company raised $380 million in equity and debt in the past two years.
Another grim stage for VanMoof, the e-bike startup backed by venture capitalists to the tune of hundreds of millions of dollars. After making a last-hour effort to stave off bankruptcy last week, the
One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank and other subsidiaries, SVB Financial has taken the next inevitable step:
As part of the bankruptcy motion, lenders have offered the company $43 million in financing to help Starry maintain normal business conditions.
The SEC proposed a new rule that may back crypto companies further into a corner as regulators continue to crack down on the space.
FTX and its affiliated debtors have sent confidential letters asking politicians, PACs and other recipients of funds to return donations made by the crypto exchange once valued at $32 billion. The rec
A federal bankruptcy judge ruled cryptocurrencies deposited into interest-bearing accounts at Celsius Network, a now-bankrupt cryptocurrency lending platform, actually belong to the firm — thanks to
Galaxy plans to acquire Argo’s bitcoin mining facility Helios for $65 million and provide a $35 million loan amid the miner’s restructuring.
BlockFi joined FTX, Celsius, Three Arrows Capital and Voyager in bankruptcy proceedings. Some wonder which crypto firm could be next.
This past year has been hectic for the crypto lending platform BlockFi, and today is no different as the company shared an announcement that it filed for voluntary Chapter 11 bankruptcy in the U.S. Ba
Crypto exchange FTX had its first day of hearings with the U.S. Bankruptcy Court for the District of Delaware on Tuesday.
A new bankruptcy filing, first reported by CNBC, shows that FTX’s corporate funds were used to purchase homes in the Bahamas among other personal items. The details arise less than a week after the
Lawsuits from disgruntled investors are beginning to stack up after crypto prices plummeted over the past few months, leaving them with steep losses. Billionaire Mark Cuban is the latest celebrity on
Masten Space Systems began the process of filing for bankruptcy on Thursday, telling a Delaware court that it owed millions in liabilities to companies including SpaceX, Astrobotic, NuSpace and others