Bankruptcy Financial News

13.08 / 14:33

lending goldman sachs Pump and Dump Bankruptcy network CEL Celsius Network is bankrupt, so why is CEL price up 4,000% in two months?

Crypto lending platform Celsius Network has an approximately $1.2 billion gap in its balance sheet, with most liabilities owed to its users. In addition, the firm has filed for bankruptcy protection, so its future looks bleak.

10.08 / 13:21

regulation lending Bankruptcy Voyager Digital reportedly had deep ties with SBF-owned Alameda Research

Voyager Digital, the crypto lending firm that went bust due to the crypto contagion initiated by Three Arrow Capital’s (3AC) insolvency is currently fighting its bankruptcy court battle. The court proceedings and financial documents have shown a deep relation between the crypto lending firm and Sam Bankman Fried-owned Alameda Research.

05.08 / 23:51

business lending Bankruptcy Withdrawals Voyager plans to resume cash withdrawals on Aug. 11

Crypto lender Voyager Digital Holdings has reported users may be able to make cash withdrawals from the app more than a month after suspending trading, deposits, withdrawals and loyalty rewards.

02.08 / 19:55

Ethereum Bankruptcy Bitcoin Withdrawals NOT Zipmex gradually resuming Z Wallet withdrawals, says debt moratorium is not bankruptcy

Crypto exchange Zipmex, which operates in Thailand, Indonesia, Singapore and Australia, released a statement this week denying reports that it has filed for bankruptcy and announcing its progress in resuming withdrawals from its Z Wallets.

25.07 / 04:57

business Investments Court Bankruptcy Customers Voyager rejects Alameda buyout offer as it 'harms customers'

Centralized crypto lender Voyager Digital Holdings has rejected an offer from FTX and its investment arm Alameda Ventures to buyout its digital assets on the grounds that the actions “are not value-maximizing" and potentially "harms customers."

23.07 / 01:17

business Digital Arrow Bankruptcy FTX proposes a way to give Voyager Digital clients some of their digital assets back early

FTX and Alameda Ventures want to offer Voyager Digital customers a chance to start a new FTX account with an opening cash balance funded by an early distribution on a portion of their bankruptcy claims, FTX announced in a statement Friday. To accomplish this, Alameda Ventures said it would like to buy all Voyager digital assets and digital asset loans, with the exception of loans to Three Arrows Capital (3AC).

21.07 / 04:37

business Bankruptcy creditors Crypto lender Vauld seeks protection against creditors: Report

Singapore crypto exchange Vauld Group is seeking a moratorium against its creditors — a move that would give the troubled lender more time to restructure its business after collapsing asset prices halted operations earlier this month.

19.07 / 23:49

business Investments Court Bankruptcy Source claims 3AC's Deribit exposure is worth much less than reported

Court documents that describe the insolvency of failed crypto hedge fund Three Arrows Capital, also known as 3AC, may be overestimating the value of the firm’s remaining assets — specifically, its exposure to crypto options exchange Deribit.

19.07 / 06:43

business Blockchain lending Bankruptcy Lawyers rights Celsius lawyers claim users gave up legal rights to their crypto

Celsius’s 1.7 million registered users across over 100 countries gave up title to the crypto they deposited into Earn and Borrow accounts, according to the firm’s lawyers.

16.07 / 00:53

business SEC Funding Bankruptcy Crypto Biz: 3AC’s founders are nowhere to be found

In the world of crypto, there’s no such thing as “too big to fail.” Three Arrows Capital, once the most recognizable hedge fund in the industry, has essentially gone belly-up after its founders believed their own hype and decided to go full-degen mode during the worst macro climate of a generation. Since the proverbial shit hit the fan last month, founders Kyle Davies and Su Zhu have kept a very low profile. So low, in fact, that their whereabouts remain a mystery, according to court documents.

15.07 / 06:25

business lending Court Bankruptcy Celsius bankruptcy Celsius bankruptcy filings show a company in deep trouble

Celsius’ bankruptcy filing has revealed some unpleasant surprises about the state of the crypto lending platform, including a $1.2 billion deficit formed largely as a result of user deposits.

14.07 / 05:47

business regulation Bankruptcy Celsius vows to return from bankruptcy but expert fears repeat of Mt Gox

Crypto lending platform Celsius confirmed on July 13 that it has initiated Chapter 11 bankruptcy proceedings in the Southern District Court of New York.

14.07 / 03:05

business regulation Bankruptcy BREAKING: Celsius reportedly filing for bankruptcy 'imminently'

Crypto lending platform Celsius has reportedly filed for Chapter 11 bankruptcy, having notified individual U.S. state regulators on Wednesday, July 13.

11.07 / 22:13

business lending Bankruptcy recovery Customers Voyager can't guarantee all customers will receive their crypto under proposed recovery plan

Following Voyager Digital filing for bankruptcy on Tuesday, the crypto lending firm said its recovery plan was aimed at preserving customer assets but did not explicitly state it would be able to return all equivalent funds to affected users.

11.07 / 10:39

business cryptocurrency World Bankruptcy Lawyers NOT Three Arrows Capital founders whereabouts not known: Lawyers

Su Zhu and Kyle Davies, the founders of Three Arrows Capital (3AC), the beleaguered crypto hedge fund, might have fled Singapore and their whereabouts are unknown, the firm’s lawyers said in its bankruptcy filing.

11.07 / 09:41

business Law defi Bankruptcy Celsius changes legal team, pays off $20M in Aave debts

Crypto lending platform Celsius has reportedly hired lawyers from Kirkland & Ellis LLP to advise on its restructuring options — the same firm that assisted Voyager Digital with its bankruptcy filing last week.

10.07 / 07:27

business Loans Bankruptcy Lost Investors lament potentially lost ‘millions’ on Voyager bankruptcy

Many Investors are reeling from Voyager Digital’s recent bankruptcy filing, with some claiming to have either ‘millions’ worth of crypto assets or most of their life savings locked on the crypto exchange.

08.07 / 21:47

business Bankruptcy VC funding Bitcoin Miner Broker Crypto Biz: Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars

Those of us anxiously awaiting a summer relief rally for Bitcoin (BTC) may have to wait a little while longer. The bear market is still cleansing us of our excess — and revealing the most toxic players in our industry. I’ve talked to you about Terra, Celsius, Three Arrows Capital, BlockFi— what about Voyager Digital? The crypto broker filed for Chapter 11 bankruptcy this week, putting hundreds of thousands of creditors on high alert.

08.07 / 00:57

business UPS Digital Bankruptcy FDIC reportedly scrutinizing Voyager Digital marketing; complex SBF ties come to light

Some Voyager Digital account holders were surprised when they discovered that their deposits did not have the protection they thought they did after the crypto brokerage and lender filed for bankruptcy Tuesday. This could mean additional consequences for Voyager Digital.

06.07 / 10:07

business lending Bankruptcy recovery Voyager Digital files for Chapter 11 bankruptcy, proposes recovery plan

Days after pausing trading, withdrawals and deposits, crypto exchange Voyager Digital is filing for bankruptcy under Chapter 11 in the Southern District Court of New York.

01.07 / 03:45

Legal stocks Bankruptcy South Korean Bankruptcy Court Warns of Coming Surge in Crypto-related Cases

South Korean courts are bracing for a wave of crypto-related bankruptcies – and have created a “working rule” that will help them deal with cases involving individuals who have fallen foul of crypto investments gone wrong.

what you should know about Bankruptcy

What is Bankruptcy and why is it gaining attention?

Bankruptcy is a trending topic that draws public attention. On our site, we regularly publish articles related to this subject.

Where can I find the latest updates on Bankruptcy?

All new posts about Bankruptcy can be found in the highlighted block. We publish information regularly.

How can I verify the accuracy of information on Bankruptcy?

We rely on trusted sources to ensure that the information about Bankruptcy is well-supported and valuable for our readers.