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Bankruptcy
Celsius Network Custody Clients Tap Lawyer to Reclaim $180M
The account holders represent 4% of the assets locked up at the bankrupt crypto lender.
Zipmex Files for Bankruptcy Protection in Singapore
The company's lawyers filed five applications on behalf of the firm's different entities seeking moratoriums on legal proceedings for up to six months.
Sky-High Yields and Bright Red Flags: How Alex Mashinsky Went From Bashing Banks to Bankrupting Celsius
How could Celsius Network pose “much less risk” than banks, as its CEO claimed, but pay eye-popping returns? It sounded too good to be true. There were other warning signs from the start.
Crypto Lender Celsius Files to Retain Former CFO to Advise on Bankruptcy Proceedings
Rod Bolger resigned from Celsius in June, two weeks before the company filed for Chapter 11 protection.
What Happens to Celsius Creditors if Crypto Prices Recover?
Legal experts survey the undiscovered country that awaits customers of the bankrupt cryptocurrency lending platform.
Voyager: ‘No Customer Will be Made Whole’ Under FTX Proposal
507 Capital Partner Thomas Braziel discusses his take on FTX's proposal to offer early liquidity to customers of crypto lender Voyager, saying their best bet is to "be patient and let the bankruptcy court process run a full auction." Plus, insights into Mt. Gox's bankruptcy case of 2014 and how it differs from Voyager's, citing the benefits of the American court system.
Failed Lender Voyager: ‘No Customer Will Be Made Whole’ Under FTX Proposal
FTX CEO Sam Bankman-Fried said his firm's offer would give Voyager customers back 100% of the remaining assets, while Voyager’s lawyers argue that it only benefits FTX.
Failed Crypto Lender Cred Blames Its Demise on Uphold Exchange in Suit
The 2022 meltdown is not the first time the risks of “centralized DeFi” products have been laid bare.
FTX to Offer Early Liquidity to Customers of Bankrupt Crypto Lender Voyager
The crypto exchange will allow the customers to create accounts funded by an early distribution of a part of their bankruptcy claims.
Three Arrows Capital Founders Break Their Silence, Look to Move to Dubai: Report
The beleaguered duo discussed how one of the most successful crypto funds went from being a prominent trading desk to owing creditors $2.8 billion.
