Celsius Faces Heat from SEC in Its Bankruptcy Revival Plan
Celsius Community has obtained courtroom approval to rework itself right into a Bitcoin mining firm, owned by its collectors, as ...
Tag: Bankruptcy
Failed Crypto Lender Celsius To Create New Company for Creditors as US Judge Approves Bankruptcy Plan
A US choose has accredited a chapter plan for a crypto lender that filed for chapter in July 2022 after ...
FBI Collected Transactional Data of FTX Customers During Bankruptcy Proceedings, According to Billing Records
New knowledge reveals that the Federal Bureau of Investigation (FBI) collected transactional knowledge of FTX prospects because the troubled crypto ...
Cryptocurrency Brings Disruption to Bankruptcy Courts—What Parties Can Expect and the Open Issues Still To Be Resolved (Part Two)
On this second a part of our weblog exploring the varied points courts want to handle in making use of ...
SEC Skeptical of Coinbase’s Role in Crypto Lending Firm Celsius’ Bankruptcy Process
The U.S. Securities and Alternate Fee (SEC) is against Coinbase’s present involvement in Celsius’ chapter plan. Celsius, a crypto lender, ...
Creditors Say Genesis Manipulated Bankruptcy Process With FTX
The accusations of vote-buying and manipulation have added complexity and uncertainty to the Genesis chapter case. Bankrupt crypto lender Genesis ...
FTX Faces Cybersecurity Breach amid Bankruptcy Proceedings
FTX highlighted the urgent concern of potential fraudulent actions and scams and suggested customers to train heightened warning towards any ...
Prime Trust Files for Bankruptcy Protection amidst Financial Struggles
Prime Belief introduced its intention to current a sequence of motions to the courtroom. Prime Belief, a crypto custodian firm ...
Prime Trust bankruptcy spotted by crypto community months ahead
The crypto custodian Prime Belief filed for Chapter 11 bankruptcy within the state of Delaware on Aug. 14 after reporting ...
FTX files motion to exclude its Dubai unit from bankruptcy proceedings
Bankrupt crypto alternate FTX has filed a movement in courtroom to take away its Dubai unit from ongoing restructuring proceedings in the ...
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