Bankruptcy


Vidéos

Celsius’ Mining Unit Files for Bankruptcy

Celsius Network’s mining unit, which said in March it planned to go public, filed for chapter 11 bankruptcy protection along with its parent company. CoinDesk Managing Editor for Companies Aoyon Ashraf discusses the developing story and potential impact on the mining industry at large.

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Vidéos

Bankruptcy Filing Reveals Biggest Celsius Creditors

Celsius Network's chapter 11 bankruptcy filing reveals the extended influence of crypto billionaire and FTX CEO Sam Bankman-Fried, according to Bloomberg. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Finance

Celsius Acknowledges $1.2B Hole in Balance Sheet

The news comes after the ailing crypto lender filed for bankruptcy protection Wednesday.

Celsius CEO Alex Mashinsky at Consensus 2019 (CoinDesk archives)

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Celsius Network 'Could Stick Around' After Bankruptcy, Restructuring Expert Says

Ryan Preston Dahl joined CoinDesk TV’s “First Mover” to discuss the crypto lender's filing.

Ryan Preston Dahl, a partner at Ropes & Gray, joined CoinDesk TV’s “First Mover” to discuss Celsius Network's bankruptcy filing. (CoinDesk TV, modified)

Vidéos

Celsius CEO: Bankruptcy Filing Is 'The Right Decision'

Celsius co-founder and CEO Alex Mashinsky responds to the crypto lender filing for bankruptcy protection, noting in a press release that it's the "right decision for our community and company.” "The Hash" panel discusses his statement and the future of the company.

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Marchés

Analysts See Recovery for CEL Token Despite Celsius Bankruptcy

CEL was down more than 10% in the past 24 hours, but some see a “fresh start” for the token.

Will there be a "fresh start" for Celsius's token? (Unsplash, modified by CoinDesk)

Vidéos

Celsius Network Files for Chapter 11 Bankruptcy

Celsius Network, the crypto lender facing a liquidity crisis, has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of New York. Ropes & Gray LLP Partner Ryan Preston Dahl discusses the developments and potential ramifications for users.

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Vidéos

What Celsius Filing for Bankruptcy Protection Means for Crypto

Crypto lender Celsius Network filed for Chapter 11 bankruptcy protection roughly a month after freezing user withdrawals. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the regulatory implications and why it was “pretty inevitable.”

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