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Bankruptcy
Canadian Pension Giant Caisse Writes Off $150M Bet on Bankrupt Crypto Lender Celsius
Quebec-based Caisse said Wednesday it had acted "too soon" in entering the sector.
‘Consumer Business Is Dead’ for Bankrupt Crypto Lender Celsius: Expert
Celsius Network has received multiple offers to help restructure. During a Tuesday bankruptcy hearing, the company said it received several proposals to inject cash into the company and won approval from a U.S. judge to sell bitcoin (BTC) that it mines.
Bankrupt Crypto Lender Celsius Gets Cash-Injection Offers, Approval to Sell Mined Bitcoin
The company had said Monday it might run out of cash by October.
'Long and Arduous' Path Ahead For Crypto Lender Celsius, Says Legal Expert
The second day of Celsius Network's bankruptcy hearing is underway, with the troubled crypto lender's attorneys laying out a path forward for the company. King & Spalding LLP Partner Thad Wilson discusses his initial reactions, explaining why "the path here is going to be long and arduous for Celsius to otherwise emerge from Chapter 11."
Crypto Lender Celsius On Pace to Run Out of Cash by October
The firm, which filed for bankruptcy protection in July, is also short of $2.8 billion in crypto assets, the court filing reveals.
Zipmex Crypto Exchange Gets Over 3 Months of Creditor Protection in Singapore: Report
The city-state's High Court granted Zipmex protection from creditors until Dec. 2 to give the exchange time come up with a funding plan.
Ripple Labs Weighs Buying Crypto Lender Celsius’ Assets: Report
The blockchain payment company is the latest to consider purchasing the assets of the bankrupt lender.
Celsius CEO Cashed in After Bankrupt Crypto Lender's Token Surged
This is the first time the address attributed to co-founder Alex Mashinsky was used since the company froze withdrawals and entered bankruptcy.
Bankrupt Lender Celsius’ Token Surges on Twitter-Driven Short Squeeze
CEL has gained about 300% since Celsius filed for bankruptcy last month.
Crypto Lender Voyager Digital to Reopen Cash Withdrawals Next Week
The company, which is undergoing bankruptcy proceedings, received court approval for the $270 million plan on Thursday.
