Bankruptcy


Finanza

Galaxy Digital Wins Auction to Buy GK8 From Bankrupt Crypto Lender Celsius

The self-custody platform acquired by Celsius over a year ago was put on the block following the lender's bankruptcy filing in July.

(Sam Reynolds/CoinDesk)

Imparare

BlockFi’s Rise and Fall: A Timeline

BlockFi, a crypto lending company, was founded in October 2017 and filed for bankruptcy just over five years later in the wake of FTX's collapse.

BlockFi co-founders Flori Marquez and Zac Prince (BlockFi)

Video

Genesis Creditors Hire Lawyers to Help Prevent Bankruptcy Filing: Bloomberg

Genesis Global Trading's creditors have hired restructuring lawyers to help find a way prevent the crypto brokerage from having to file for bankruptcy, Bloomberg News reported on Wednesday, citing people with knowledge of the situation. "The Hash" hosts discuss the outlook for Genesis.

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Video

A Central Bank for Crypto?

"If there was a central bank for crypto, which seems to be what Binance is trying to create ... we wouldn't see the scope of problems that we're seeing today," says Howard Fischer, Moses Singer LLP partner and former SEC senior trial counsel. He points out the irony of crypto's call for regulation amid ongoing contagion and bankruptcy hearings.

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Video

BlockFi Joins the Crypto Bankruptcy Parade

Crypto lender BlockFi became the latest industry heavyweight to file for Chapter 11 bankruptcy, joining Celsius Network, Voyager Digital and FTX. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the key takeaways from the first day of bankruptcy proceedings.

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Finanza

Broker-Dealer INX Digital Bids to Purchase Voyager Assets

The firm joins a number of other suitors, Binance among them.

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

Finanza

LedgerX to Make $175M Available for FTX Bankruptcy Proceedings: Bloomberg

The money could be transferred as early as Wednesday.

U.S. Dollars (Shutterstock)

Video

Wrapped Bitcoin Trades at Discount After FTX's Collapse

Wrapped bitcoin (WBTC), a clone of bitcoin (BTC), has traded at a discount to BTC's price since crypto exchange FTX filed for bankruptcy protection on Nov. 11. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.

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Politiche

BlockFi Joins the Bankruptcy Parade

The crypto lender’s financial woes are well known. Now we have a better sense of the severity.

BlockFi advertisement in Washington D.C.'s Union Station (CoinDesk archives)

Politiche

BlockFi Has $355M in Crypto Frozen on FTX, Attorney Confirms

Kirkland & Ellis Partner Joshua Sussberg announced the figure during BlockFi’s first bankruptcy hearing.

Zac Prince, CEO de BlockFi, en Consensus 2019. (CoinDesk)