Bankruptcy


Policy

Texas Objects to Celsius Plan to Fund Operations With Stablecoin Sales

Celsius had asked for permission to sell millions in stablecoins to fund itself, but Texas is arguing the bankruptcy court should reject the request.

Alex Mashinsky, fundador y CEO de Celsius Network, en Consensus 2019. (CoinDesk)

Finance

FTX Wins Bid to Buy Crypto Lender Voyager Digital's Assets Out of Bankruptcy

FTX US's bid is valued at approximately $1.4 billion, according to a Voyager press release late Monday Eastern time.

FTX CEO Sam Bankman-Fried (Alex Wong/Getty Images)

Finance

CFO of Insolvent Crypto Lender Voyager Resigns

Ashwin Prithipaul joined Voyager Digital as its chief financial officer in May of this year.

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

Videos

Marathon Digital Downgraded on Headwinds From Compute North’s Bankruptcy

Global financial services firm BTIG's Gregory Lewis has downgraded bitcoin miner Marathon Digital's stock from "buy" to "neutral" following headwinds from Compute North's bankruptcy filing. "The Hash" hosts discuss what this means for Marathon Digital and the state of bitcoin mining.

Recent Videos

Finance

Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured

The company was financed by Generate Capital, which seized the data-center operator’s assets.

Compass' Wolf Hollow site in Granbury, Texas (Compute North)

Finance

Bitcoin Miner Marathon Digital Downgraded at BTIG on Headwinds From Compute North’s Bankruptcy

Marathon Digital’s primary mining hosting provider, Compute North filed for Chapter 11 protection Thursday afternoon.

El bear market afectó los precios de minería de bitcoin. (Marko Ahtisaari/Flickr)

Finance

Celsius Shareholders File to Stake Their Claim for Bankruptcy Payouts

A motion filed by lawyers says the Celsius bankruptcy is “all about the customers” and “without regard for the equity holders.”

Los demandantes suben la temperatura en Celsius. (Unsplash)

Finance

Washington State Joins Celsius Bankruptcy Case as Interested Party

The state’s move continues a trend of state-level regulators moving faster than the feds on regulating crypto.

Celsius CEO Alex Mashinsky (Piaras Ó Mídheach/Web Summit via Sportsfile)

Finance

Compute North Files for Bankruptcy as Crypto-Mining Data Center Owes up to $500M

The company's CEO stepped down earlier this month and its COO will serve as the president.

Compass' Wolf Hollow site in Granbury, Texas (Compute North)

Finance

Celsius Network Might Be Planning to Turn Its Debt Into Crypto ‘IOU’ Tokens

In a leaked audio file, Nuke Goldstein, the firm's co-founder and chief technology officer, detailed a potential plan to issue wrapped tokens representing the debt to customers.

(Mark Wagner)