#asset-liquidation

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#fraud #bankruptcy #luxury-real-estate #crypto-treasuries #share-buybacks #liquidity-risk #magnite
fromBusiness Insider
6 hours ago

A billionaire's bankruptcy auction: See the $48 million yacht and the NYC penthouse up for sale

The fraud-convicted one-time billionaire sailed on a gleaming superyacht, wore custom-tailored Brioni suits, and strode through his Gilded Age mansion on a million-dollar cushion of Chinese and Persian carpets. Since 2022, the cash, homes, luxury cars, and private jets of Guo's suptuous former life have been picked over by prosecutors, the Securities and Exchange Commission, and a federal bankruptcy trustee - all trying to claw back money for thousands of creditors and victims in one of the most sprawling fraud cases in recent history.
US news
Cryptocurrency
fromArs Technica
1 month ago

Crypto hoarders dump tokens as shares tumble

Many companies are selling crypto treasuries to fund buybacks, service debt, and stabilize share prices, signaling strain on the crypto-treasury model.
fromThe Motley Fool
1 month ago

Roubaix Capital Sells Off 261K Magnite Shares in Full Exit: Should Investors Follow Suit? | The Motley Fool

Roubaix Capital, LLC fully liquidated its stake in Magnite , selling 260,735 shares during the third quarter of 2025, according to a filing with the Securities and Exchange Commission dated November 12, 2025. The transaction value was $6,288,928, based on the average share price for the quarter. No shares of Magnite were held by the fund at quarter end. Roubaix Capital sold out of Magnite, reducing the position from 3.0% of AUM in the prior quarter to zero.
Business
World news
fromThe Atlantic
4 months ago

Inside the USAID Fire Sale

The U.S. is liquidating or abandoning millions of dollars of surplus USAID equipment after canceling over 5,000 foreign-aid projects, stranding humanitarian resources.
Arts
from48 hills
4 months ago

Drama Masks: We're going to be OK, dammit - 48 hills

Performing arts venues are closing and liquidating assets, threatening community spaces while individuals need stronger mutual support and prioritization of self-care.
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