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Bankruptcy
Celsius Used New Customer Funds to Pay for Withdrawals: Independent Examiner
Shoba Pillay was appointed by a New York bankruptcy court to look at whether the crypto lender operated as a Ponzi scheme
Alameda Seeks to Recover $446M in Crypto Paid to Voyager After Lender's Bankruptcy
The filing comes amid Alameda's own bankruptcy process.
BlockFi’s Mining Assets May Head to Market; Musk Wants Twitter Payments System To Accommodate Crypto: RPT
Failed crypto lender BlockFi may sell some assets after a bankruptcy judge in New Jersey expressed approval of the plan as part of Chapter 11 bankruptcy proceedings designed to restore funds to creditors. Plus, the Financial Times reports that Elon Musk wants Twitter's payment system to be able to accept cryptocurrencies.
BlockFi's Crypto Mining Assets May Be Headed to Market After Bankruptcy Hearing
The crypto lender’s quest to get its hands on $580 million of Robinhood shares originally owned by FTX founder Sam Bankman-Fried has taken another turn, the court was told.
FTX Seeks to Remove Turkish Units From Bankruptcy Case
The U.S. estate of the bankrupt crypto exchange doesn’t reckon the Turkish authorities will cooperate after they seized local assets in November.
BlockFi’s $10M Staff Bonus Package Approved by NJ Bankruptcy Court Judge
The pay is necessary for the firm to retain critical workers, argued counsel for BlockFi.
Derivatives Body ISDA Hopes New Digital-Asset Norms Will Prevent FTX-Style Losses
The traditional-finance standard setter has given new digital-asset definitions as the sector is plagued by a wave of bankruptcies
FTX Creditor List Features Netflix, Binance, Wall Street Journal
Lawyers for the bankrupt crypto exchange published an extensive list of creditors that includes media companies, airlines, universities and charities.
Celsius Secures Court Approval to Process Certain Customer Withdrawals, Flare Token Airdrop
Bankrupt crypto lender Celsius Network secured approval to process certain customer withdrawals, several court orders filed on Tuesday show. The U.S. bankruptcy court also authorized eligible XRP holders to receive Flare tokens due under a prior agreement.
'Bitcoin Jesus' Says He Has the Money to Pay Ailing Crypto Lender Genesis
Roger Ver, an early Bitcoin advocate who now advocates for the Bitcoin Cash blockchain, has been accused in court by Genesis of failing to settle cryptocurrency options, with $20.9 million of damages sought.
