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Bankruptcy
Embattled Crypto Lender Celsius Allocates $25M for Withdrawals, Burns $500M in WBTC
Celsius Network established a crypto wallet with $25 million of crypto assets for the lender’s custody account holders to withdraw, Arkham Intelligence said in a report. Eligible customers have withdrawn some $17.7 million of crypto assets, the firm’s chief executive said in a Wednesday court hearing.
Crypto Lender Celsius Should Continue Exclusive Right to Pursue Novawulf Deal, Judge Says
Enough progress has been made to suggest the plan to set up a new recovery corporation should be the only one on the table, Martin Glenn said
Three Arrows-Backed Crypto Liquidity Protocol Rook Surges 23% on Fundraise Speculation
The ROOK token is experiencing a resurgence on speculation that Three Arrows' founders have completed a $25 million fundraise.
Binance.US Can Move Ahead With Plan to Acquire Voyager Digital's Assets, Judge Rules
The bankruptcy judge in the Voyager Digital case chose to allow the deal with Binance.US over objections from the U.S. Securities and Exchange Commission and state regulators.
A Closer Look at FTX’s Most Recent Bankruptcy Documents
The exchange owes customers $1.6 billion in bitcoin, and only has $6 million of it on hand.
FTX Bankruptcy Special Counsel, Advisers Bill $38M for January
FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants and financial advisers working on the case.
Voyager Bankruptcy Judge Expresses Skepticism Over U.S. SEC Objection to Binance US Deal
New York Judge Michael Wiles indicated that he couldn't hold up Voyager's bankruptcy restructuring to wait for the regulator to explain its arguments.
FTX Bankruptcy Examiner Denial Appealed by U.S. Government
An independent investigation could cost as much as $100 million, the federal court in Delaware has previously been warned.
Voyager Denies SEC Claims VGX Token Is a Security as Binance.US Decision Looms
The bankrupt crypto lender needs court approval to be acquired by Binance's U.S. affiliate.
Binance.US Is Operating 'Unregistered Securities Exchange,' SEC Official Says
The official spoke during a Voyager Digital bankruptcy hearing.
