Failed digital currency business Axia sought US bankruptcy court recognition of its Cayman Islands-based liquidation and a halt to an investor suit alleging misconduct related to its failed AXIA coin.
Foreign representatives of ANF MergeCo Ltd. and AXIA Network Foundation are seeking recognition of the ongoing Cayman case through a Chapter 15 petition filed Thursday in the US Bankruptcy Court for the Northern District of Texas.
ANF and AXIA Network hold the legacy assets and liabilities of Axia Group, which collapsed after a key backer sued in 2022 and the Ontario Securities Commission launched an investigation in 2020 over the ...
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