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1xBet denies reports of being declared bankrupt by Dutch Supreme … – Dot Esports

1xBet, a bookmaker tied to many esports organizations, has responded after reportedly being declared bankrupt by the Dutch Supreme Court in the Netherlands. The news was originally reported by Josimar but is vehemently denied by 1xBet.

In June 2022, Josimar reported that 1xCorp, the alleged parent company of 1xBet, had been declared bankrupt by Curacao, a Dutch Caribbean Island. 1xCorp appealed against that ruling to the Supreme Court in the Hague but, on January 20, Josimar reported the appeal had been rejected, citing the official website of The Netherlands Judiciary.

According to earlier reports, the bookmaker was accused of not honoring winnings, slowing down or preventing withdrawals, and misuse of funds on excessive advertising w…

Read the full article at: https://dotesports.com/dota-2/news/1xbet-reportedly-declares-bankruptcy-leaving-multiple-top-dota-2-and-soccer-teams-in-the-dust

Category: BankruptcyBy Insolvency Advisory AccountantsJanuary 30, 2023

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1xBet denies reports of being declared bankrupt by Dutch Supreme … – Dot Esports

1xBet, a bookmaker tied to many esports organizations, has responded after reportedly being declared bankrupt by the Dutch Supreme Court in the Netherlands. The news was originally reported by Josimar but is vehemently denied by 1xBet.

In June 2022, Josimar reported that 1xCorp, the alleged parent company of 1xBet, had been declared bankrupt by Curacao, a Dutch Caribbean Island. 1xCorp appealed that ruling to the Dutch Supreme Court but, on Jan. 20, Josimar reported the appeal had been rejected, citing the official website of The Netherlands Judiciary.

According to earlier reports, the bookmaker was also accused of not honoring winnings, slowing down or preventing withdrawals, and the misuse of funds on excessive advertising whilst str…

Read the full article at: https://dotesports.com/dota-2/news/1xbet-denies-bankruptcy

Category: BankruptcyBy Insolvency Advisory AccountantsJanuary 27, 2023

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July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
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Case note | Director's personal liability for insolvent trading – Lander & Rogers
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