Bankruptcy
Court grants final approval for $225M Celsius mining company, steers clear of securities ruling
Objections to Celsius' new mining company were overruled but new company must hit 23 EH/s within 3 years.
Liam 'Akiba' Wright 2 min read
Bankruptcy News
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Mt. Gox begins repaying creditors, but some report receiving double payouts
Creditors of the bankrupt Mt. Gox are reporting first payments from the firm nearly a decade after its collapse.
Bankruptcy
FTX appeals to FDIC for return of funds from defunct Signature Bank
FTX is mounting a legal push to reclaim philanthropic funds that had been held in a Signature Bank account before its closure.
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Bankruptcy
FTX claim prices soar, but experts caution against unsustainable rally
FTX claims value has rallied despite the recent release of an "underwhelming" reorganization plan.
Bankruptcy
Three Arrows Capital founders hit with $1.14 billion asset freeze
Liquidators of the bankrupt hedge fund Teneo claims that the founders have been uncooperative in the bankruptcy process.
Bankruptcy
Celsius sold off $250 million in ETH and other assets in 30 days
Observers have suggested that these selling activity has impeded Ethereum's price from rising.
Bankruptcy
Court bars Digital Currency Group from reducing Genesis ownership during bankruptcy
The court ruled that DCG's ownership of the distressed crypto lender was crucial for securing tax benefits.
Investments
Galaxy Digital eyeing assets held by distressed crypto firms: FT
After tripling assets under management by way of its deal with FTX, Galaxy Digital is looking at other bankrupt companies' portfolios.
Mining
Bitcoin miner Hut 8 to develop mining facility for bankrupt Celsius in Texas
Hut 8 said mining site will house around 66,000 miners and will be powered by more than 215 megawatts (MW) of energy.
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FTX creditors stand to collectively lose millions under new reorganization plan
Bankruptcy
SafeMoon hits record low as company files for Chapter 7 bankruptcy
Exchanges
Gemini Earn users could see as little as 61% of their crypto investments returned
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