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Bankruptcy
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.

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.

CFO of Insolvent Crypto Lender Voyager Resigns
Ashwin Prithipaul joined Voyager Digital as its chief financial officer in May of this year.

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.

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.

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.

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.”

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.

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.

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.
