Bankruptcy
Celsius sues BitMEX for $495 million just 11 days before exchange shutdown
Celsius estate is targeting 6,360 BTC as the derivatives exchange moves toward its Sept. 23 shutdown.
Oluwapelumi Adejumo 5 min read
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SEC faces Aug. 20 deadline to unlock $123 million recovery fund for Terra investors
The money has already been collected from Jump Crypto subsidiary Tai Mo Shan, but the regulator still has to decide who qualifies.
Debt
Crypto miner warns of potential bankruptcy as unclosed financing leaves $33 million in maturing debt exposed
The PIPE’s Oct. 10 outside date lands 21 days before the notes mature, with $9.2 million of June liquidity.
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Bankruptcy
Bitcoin mining pool owes wallet users $163M, and its $52M Texas sale can still unravel next week
Poolin’s 11,700 wallet creditors still face separate debtor estates, competing claims, and court costs before any recovery can be calculated.
Bankruptcy
Judge lets FTX recovery trust chase Binance for $1.76 billion over a 2021 share buyback
The court kept the core clawback case alive but dismissed claims tying Binance to FTX’s collapse, leaving creditors without a guaranteed recovery.
Bankruptcy
Why 37 million Celsius bankruptcy shares are blocked from an immediate cash-out despite Nasdaq debut
IOND closed its first session at $62.90, while broker transfers and securities restrictions still shaped practical liquidity.
Bankruptcy
FTX’s $900M payout drops Friday, triggering 6-month countdown for creditors to onboard or forfeit funds entirely
Creditors who cleared June 16 requirements should be paid within three business days; allowed claim holders still awaiting provider onboarding may forfeit distribution rights.
Mining
Bitcoin mining giant Poolin files for bankruptcy owing 11,700 users $164 million
The signed offers equal 31.8% of wallet IOUs only in gross arithmetic, before estate boundaries, liens and bankruptcy costs.
Bankruptcy
BitMEX shuts down without an FTX style crisis, revealing where crypto’s real danger has moved
BitMEX’s orderly shutdown captures a bear market shaped by centralized decline and persistent on-chain exploit risk.
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Bankruptcy
MVMT Labs bankruptcy lists under $1 million in assets after $38M raise
Bankruptcy
Celsius founders face permanent crypto bans that could cost more than their $16.5M obligations
Regulation
Senator Lummis says with CLARITY “your crypto stays yours” – but bankruptcy shields have limits
Bankruptcy
