Bankruptcy


Vídeos

Celsius’ Top Execs Cashed Out $17M in Crypto Before Bankruptcy

CORRECTION: Since publication, the reporting and headline has been corrected to $17 million based on documentation provided by CTO Nuke Goldstein’s lawyers, who showed that most of his apparent withdrawals were sent to other accounts at Celsius. The original headline indicated a figure of $42 million.

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Vídeos

South Korea To Invalidate Terra Founder Do Kwon’s Passport

CORRECTION: Since publication, the reporting and headline of Celsius executives withdrawing crypto has been corrected to $17 million based on documentation provided by CTO Nuke Goldstein’s lawyers, who showed that most of his apparent withdrawals were sent to other accounts at Celsius. The original headline indicated a figure of $42 million. CoinDesk's Nikhilesh De also discusses the latest developments surrounding South Korean officials announcing it would invalidate Terra creator Do Kwon's passport.

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Finanzas

Accionistas de Celsius reclaman su participación en los pagos de la quiebra

Una moción legal presentada por abogados afirma que la quiebra de Celsius “se enfoca solo en los clientes” y “que no tiene en cuenta los intereses de los accionistas”.

Los demandantes suben la temperatura en Celsius. (Unsplash)

Vídeos

Marathon Digital Downgraded on Headwinds From Compute North’s Bankruptcy

Global financial services firm BTIG's Gregory Lewis has downgraded bitcoin miner Marathon Digital's stock from "buy" to "neutral" following headwinds from Compute North's bankruptcy filing. "The Hash" hosts discuss what this means for Marathon Digital and the state of bitcoin mining.

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Regulación

La FTC se une al caso de quiebra del prestamista de Cripto Celsius

La Comisión Federal de Comercio también solicitó una copia de todos los documentos relevantes.

Federal Trade Commission (Shutterstock)

Vídeos

White House Report Calls for Crypto Mining Standard to Reduce Energy Usage

The White House Office of Science and Technology Policy called for the U.S. to conduct further research on the energy impact of crypto mining in order to set standards for the industry. CoinDesk’s Global Policy & Regulation Managing Editor Nikhilesh De breaks down the report and what this means for the upcoming Ethereum Merge.

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Vídeos

Bernstein: Bitcoin Underperforming Against Rivals; Vermont Regulator Alleges Celsius Misled Investors

Investment firm Bernstein wrote Tuesday that bitcoin (BTC)’s correlation with other tokens will weaken as its dominance declines. Vermont authorities allege crypto lender Celsius Network misled investors about its financial health.

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Vídeos

Legal Expert: Not Enough Money to Go Around Celsius

As a new cashflow statement comes to light in Celsius Network's third bankruptcy hearing, Hodder Law Firm Managing Partner Sasha Hodder says the crypto lender just does not have "enough assets to go around." She adds that this will be particularly damaging for its Earn program customers. Plus, is Celsius still on track to run out of money by October?

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Vídeos

Celsius’ Third Bankruptcy Hearing: Who Should Get Their Money Back?

CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down Celsius’ third bankruptcy hearing on Thursday which focused on whether custodial account holders should be able to get their funds back.

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Vídeos

Mt. Gox to Set Creditor Repayment Date in ‘Due Course’; Celsius Files to Return Custody Clients’ Funds

The distribution of funds to former customers of defunct crypto exchange Mt. Gox will begin on a repayment date to be set in “due course.” Two Georgia-based bitcoin mining facilities used by Compass Mining are closing amid soaring local power costs.

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