Bankruptcy
Celsius bankruptcy plan faces backlash from retail crypto borrowers claiming institutional bias
Celsius faces backlash over bankruptcy plan perceived as preferential to institutional lenders.
Liam 'Akiba' Wright 2 min read
Bankruptcy News
Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
Coverage footprint 2.5%
Top Bankruptcy Stories
Analysis
Stanford to return millions in FTX donations amid lawsuit alleging misuse by SBF’s parents
Returning tainted FTX gifts, Stanford makes a stand for ethics.'
Legal
SBF’s parents accused of masterminding parts of FTX deception, appropriating over $30M
Stanford professors under fire for alleged fraud and enrichment amidst FTX’s downfall.
Latest Bankruptcy News & Analysis
Bankruptcy
FTX reactivates customer claim portal after resolving cybersecurity breach
The exchange stated that no critical systems were compromised in the cyberattack, which targeted its designated bankruptcy claims agent, Kroll.
Bankruptcy
Celsius to purchase $45M Core Scientific mining facility as part of bankruptcy settlement
Celsius moves to buy Cedarvale mining site for $45M, betting on increased mining capacity amid bankruptcy proceedings.
Bankruptcy
Genesis to halt all trading services by Sept. 21
A spokesperson said the company was winding down trading 'voluntarily and for business reasons.'
Crime
Former chief revenue officer at Celsius pleads guilty to four criminal charges
Roni Cohen-Pavon pleaded guilty to criminal charges related to Celsius Network, including manipulating the price of the exchange's CEL token.
Bankruptcy
Zhu Su and Kyle Davies banned by Singapore regulator for 9 yrs over securities breaches
The MAS stated thatthe bankrupt Three Arrows Capital lacked adequate risk management framework for its managed assets.
Bankruptcy
Bankruptcy court grants FTX permission to liquidate certain crypto assets
The company has been granted the opportunity to begin selling certain assets, but only through an intermediary investment manager and with weekly caps on sales.
More Bankruptcy News Headlines
Bankruptcy
Digital Currency Group’s recovery plan claims to fully compensate Gemini Earn users
Bankruptcy
FTX court filing reveals $7B in assets as firm aims to complete bankruptcy process by second quarter 2024
Bankruptcy
New Celsius 2.0 company board proposal released, led by former Algorand CEO
Bankruptcy
