• Home
  • NFT
  • Metaverse
  • Cryptocurrency
No Result
View All Result
  • Home
  • NFT
  • Metaverse
  • Cryptocurrency
No Result
View All Result
No Result
View All Result
Home Cryptocurrency

QuadrigaCX Creditors to Receive 13% of Claims as Interim Dividend

admin by admin
May 14, 2023
in Cryptocurrency
0 0
0
QuadrigaCX Creditors to Receive 13% of Claims as Interim Dividend
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter


QuadrigaCX (1) creditors, who have been waiting for resolution since the exchange’s collapse, have received a glimmer of hope as an interim dividend of 13% is set to be distributed. This development marks progress in the bankruptcy proceedings (2) and offers some financial relief to affected users who have been grappling with the aftermath of the cryptocurrency exchange’s demise.

A Glimmer of Hope: Interim Dividend for QuadrigaCX Creditors

After a prolonged period of uncertainty and frustration, QuadrigaCX creditors can find solace in the news of an interim dividend. The distribution of 13% of the claims provides a glimmer of hope for those seeking reimbursement for their lost funds. While it may not fully compensate for the losses incurred, it represents a significant step forward in the quest for resolution.

Progress in QuadrigaCX Bankruptcy Proceedings

The decision to distribute an interim dividend signals progress in the complex bankruptcy proceedings surrounding QuadrigaCX. The allocation of funds is an essential milestone in the legal process, indicating that efforts are being made to liquidate the exchange’s assets and fairly distribute the available funds among affected creditors. It demonstrates the commitment to bringing closure to the QuadrigaCX case.

Assessing the Implications of the Interim Dividend

The announcement of the interim dividend raises questions about the overall financial state of QuadrigaCX and the feasibility of further reimbursements. Creditors must evaluate the implications and determine whether accepting the interim dividend aligns with their individual circumstances and expectations. Additionally, this development underscores the importance of robust regulatory frameworks and investor protection measures in the cryptocurrency industry.



Source link

Previous Post

‘Barbie x Boss Beauties’ NFTs Break Gender Barriers

Next Post

‘The Voice’ Launches Residence in Decentraland

admin

admin

Next Post
‘The Voice’ Launches Residence in Decentraland

‘The Voice’ Launches Residence in Decentraland

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
CoinShare CSO: BTC will hit an all-time high in 24 months

CoinShare CSO: BTC will hit an all-time high in 24 months

July 13, 2022
This Indian Couple Decided to Hold a Hogwarts-themed Metaverse Wedding Reception

This Indian Couple Decided to Hold a Hogwarts-themed Metaverse Wedding Reception

June 25, 2022
Interview with Coin Of The City NFT

Interview with Coin Of The City NFT

May 2, 2022
The University of Tokyo Takes the Classroom into the Metaverse

The University of Tokyo Takes the Classroom into the Metaverse

July 31, 2022
Reshaping & Innovating the Music Industry Through NFTs

Reshaping & Innovating the Music Industry Through NFTs

0
Fixing Broken Gamenomics: How to End Infinite Selling Pressure in P2E Gaming Economies

Fixing Broken Gamenomics: How to End Infinite Selling Pressure in P2E Gaming Economies

0
CryptoArt Sundays: Interview with Bushra Khan

CryptoArt Sundays: Interview with Bushra Khan

0
Big Time Readies Early Access for Gold VIP Pass Holders

Big Time Readies Early Access for Gold VIP Pass Holders

0
Move-to-Earn App STEPN Unveils Limited GGUSD Sneakers For GG Box Event

Move-to-Earn App STEPN Unveils Limited GGUSD Sneakers For GG Box Event

August 28, 2025
OpenSea Integrates Solana for Buying EVM-Based NFTs

OpenSea Integrates Solana for Buying EVM-Based NFTs

August 21, 2025
Coming soon

Coming soon

August 20, 2025
Pandawa88 Coinnounce – Portal Berita Kripto dan Blockchain Global

Pandawa88 Coinnounce – Portal Berita Kripto dan Blockchain Global

August 19, 2025

Recommended

Move-to-Earn App STEPN Unveils Limited GGUSD Sneakers For GG Box Event

Move-to-Earn App STEPN Unveils Limited GGUSD Sneakers For GG Box Event

August 28, 2025
OpenSea Integrates Solana for Buying EVM-Based NFTs

OpenSea Integrates Solana for Buying EVM-Based NFTs

August 21, 2025
Coming soon

Coming soon

August 20, 2025
Pandawa88 Coinnounce – Portal Berita Kripto dan Blockchain Global

Pandawa88 Coinnounce – Portal Berita Kripto dan Blockchain Global

August 19, 2025

About Us

We bring you the latest NFT News and update from all around the Internet!

Categories

  • Cryptocurrency
  • Metaverse
  • NFT
No Result
View All Result
  • Home
  • NFT
  • Metaverse
  • Cryptocurrency

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist