BitMart Reverses Shutdown, Opens Creditor Payouts
The reference to 'creditors' is what changed. White & Case is now restructuring counsel, with a detailed roadmap due Sept. 9. BMX already dropped 58% in 24 hours on the original shutdown news.
Every Zipp story tagged #Creditors, newest first.
The reference to 'creditors' is what changed. White & Case is now restructuring counsel, with a detailed roadmap due Sept. 9. BMX already dropped 58% in 24 hours on the original shutdown news.
The Nasdaq listing unlocked trading, not liquidity. Holders will wait through the bankruptcy estate's distribution schedule before any of those shares can be converted to cash.
Funds go to allowed Convenience and Non-Convenience Class claim holders who completed pre-distribution steps by the June 16 record date, with preferred equity holders due a second payment the same…