Bankruptcy
Lawmakers to Hold Hearing on Oversight of SEC's Division of Enforcement
The House Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets is holding a hearing Tuesday on the oversight of the SEC's division of enforcement. CoinDesk Managing Editor of Global Policy & Regulation Nikhilesh De discusses what to expect. Plus, key takeaways from Celsius' bankruptcy hearing so far.
Three Arrows Owes Polkadot Developer Moonbeam Foundation Over $27M, Court Documents Show
The hedge fund was also engaged as a “consultant" for Moonbeam-based glimmer and Moonriver-based river tokens.
Celsius Lays Out Mining-Focused Reorganization Plan at First Bankruptcy Hearing
The first day hearing revealed Celsius is betting big on its also-indebted mining operation to help fill the $1.2 billion hole in the company’s balance sheet.
What to Expect From Crypto Lender Celsius' Bankruptcy Proceedings
"The Hash" panel discusses what customers should expect ahead of the first hearing in the Celsius bankruptcy case, as the insolvent crypto lender has said that it will give customers an option of staying "long crypto" or receiving a discounted cash settlement. Plus, a conversation on the company's $1.2 billion hole in its balance sheet.
Celsius Bankruptcy Filings Hint Retail Customers Will Bear Brunt of Its Failure
The New Jersey-based crypto lender has a $1.2 billion hole in its balance sheet and will likely struggle to pay back its customers and creditors.
Three Arrows Capital Creditors Meeting Today; Celsius Outlines Next Steps
Creditors of crypto hedge fund Three Arrows Capital (3AC) are reportedly scheduled to meet today following a liquidation order issued by a British Virgin Islands court. Nikhilesh De, CoinDesk managing editor of global policy & regulation, discusses what to expect. Plus, a preview of crypto lender Celsius' first bankruptcy hearing.
Chris Giancarlo: Celsius Bankruptcy Filing is 'Mile Marker' for Crypto Industry
Former CFTC Chair Chris Giancarlo discusses the potential regulatory outcomes from crypto lender Celsius' first bankruptcy hearing today. “It’s going to be one of those mile markers in the progression of this new asset class,” Giancarlo said.
Celsius Outlines Next Steps as Bankruptcy Proceedings Begin
The insolvent crypto lender has said that it will give customers an option of staying "long crypto" or receiving a discounted cash settlement.
The Fall of Celsius Network: A Timeline of the Crypto Lender’s Descent Into Insolvency
A timeline of Celsius’ battle with insolvency during the crypto crash, from the firm’s decision to limit some user activity before the “pause,” to its decision to file for bankruptcy on the advice of restructuring experts.
Celsius Owed $439M by Lending Firm EquitiesFirst: Report
Celsius first borrowed from EquitiesFirst in 2019 before an overcollateralized crypto loan went sour in 2021.
