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Bankruptcy


Policy

FTX Bankruptcy Examiner Denial Appealed by U.S. Government

An independent investigation could cost as much as $100 million, the federal court in Delaware has previously been warned.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)

Policy

Voyager Denies SEC Claims VGX Token Is a Security as Binance.US Decision Looms

The bankrupt crypto lender needs court approval to be acquired by Binance's U.S. affiliate.

Voyager Digital's bankrupcy has left creditors in the lurch. (Danny Nelson/CoinDesk)

Policy

Binance.US Is Operating 'Unregistered Securities Exchange,' SEC Official Says

The official spoke during a Voyager Digital bankruptcy hearing.

Binance.US at Bitcoin Miami 2022 (Danny Nelson/CoinDesk)

Videos

Bankrupt Crypto Lender Celsius Resumes Withdrawals for Certain Custody Accounts

Bankrupt crypto lender Celsius Network is allowing withdrawals of assets in certain custody accounts. Eligible users will be able to withdraw all the funds in their accounts up to a certain limit, the company said in an earlier blog post. "The Hash" panel discusses the latest in the downfall of Celsius Network.

Recent Videos

Videos

U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody

U.S. Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.) are questioning government policies controlling how financial firms handle their accounting for cryptocurrency. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down their letter to the regulators. Plus, the latest on Voyager's bankruptcy hearings.

Recent Videos

Policy

Bankrupt Crypto Lender Celsius Reopens Withdrawals for Certain Custody Accounts

The firm paused withdrawals last June, citing extreme market conditions.

Celsius Network is now allowing withdrawals from some accounts after freezing the accounts last June. (Unsplash)

Policy

FTX Has ‘Massive Shortfall’ in Assets, Say Bankruptcy Lawyers

So far, $2.2 billion in assets have been identified in the wallets of accounts associated with FTX.com, of which only $694 million are in the most liquid assets.

John J. Ray III, CEO of FTX Group (Nathan Howard/Getty Images)

Finance

Bitcoin Miners Are Starting to Emerge From Brutal Crypto Winter

After several bankruptcies and fire sales, the rally in bitcoin’s price is providing some relief for the miners, although they may not be completely out of the woods yet.

(DALL-E/CoinDesk)

Policy

Voyager Bankruptcy Judge Says He Is ‘Absolutely Shocked’ by SEC Objection to Binance.US Deal

Judge Michael Wiles gave short shrift to idea that VGX token could be unregistered security .

Voyager's bankrupcy has left creditors in the lurch. (Danny Nelson/CoinDesk)

Finance

Core Scientific Bankruptcy Approves $70M Financing Deal From B. Riley

The judge also indicated he would allow stockholders to form an official committee in the bankruptcy.

Core Scientific facility in North Carolina. (Core Scientific)