Bankruptcy


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Failed Crypto Lender Cred Blames Its Demise on Uphold Exchange in Suit

The 2022 meltdown is not the first time the risks of “centralized DeFi” products have been laid bare.

(Daniel Thomas/Unsplash)

Finance

FTX to Offer Early Liquidity to Customers of Bankrupt Crypto Lender Voyager

The crypto exchange will allow the customers to create accounts funded by an early distribution of a part of their bankruptcy claims.

FTX CEO Sam Bankman-Fried (Craig Barritt/Getty Images)

Finance

Three Arrows Capital Founders Break Their Silence, Look to Move to Dubai: Report

The beleaguered duo discussed how one of the most successful crypto funds went from being a prominent trading desk to owing creditors $2.8 billion.

Su Zhu of Three Arrows (CoinDesk)

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‘A Damaged Brand’: Former Celsius Employee on the Crypto Lender’s Mismanagement and Alleged Token Manipulation

Timothy Cradle, former compliance and financial crimes director at crypto lender Celsius Network, joined CoinDesk TV’s “First Mover” to discuss the platform’s alleged questionable practices.

"Someone would have to be frankly insane to trust Celsius with their assets," said Timothy Cradle on CDTV’s “First Mover” program. (CoinDesk TV screenshot, modified by CoinDesk)

Finance

Coinbase Had No Financial Exposure to Troubled Celsius, Three Arrows Capital, Voyager

The crypto exchange said it hasn't been hurt by the crypto companies that are all seeking bankruptcy protection.

Coinbase said it had no exposure to Celsius, Three Arrows Capital or Voyager (Benjamin Girette/Bloomberg via Getty Images)

Videos

Court Documents Indicate a Connection Between TPS Capital, Three Arrows

TPS Capital claims that it is independent of Three Arrows Capital (3AC), but legal disclosures as part of bankruptcy proceedings show a web of transactions and familiar faces between the two firms. “The Hash” discusses the latest in 3AC’s fallout.

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Videos

Report Reveals Behind-the-Scenes Concerns at Celsius Before Bankruptcy Filing

According to an investigation by CNBC, trouble at crypto lender Celsius has been brewing for years before the company filed for chapter 11 bankruptcy. “The Hash” hosts break down the report, some key takeaways and the reported revelations about Celsius Network’s red flags.

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Markets

Stake in Crypto Exchange Deribit Becomes Disputed Asset in Three Arrows Bankruptcy

Based on one estimate in a document passed around by creditors, the Deribit stake is worth as much as $500 million. But legal complications and the recent crypto market slump might make the stake worth significantly less.

There's a fresh dispute emerging in the Three Arrows bankruptcy case. (Metropolitan Museum of Art, modified by CoinDesk)

Videos

Lawmakers to Hold Hearing on Oversight of SEC's Division of Enforcement

The House Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets is holding a hearing Tuesday on the oversight of the SEC's division of enforcement. CoinDesk Managing Editor of Global Policy & Regulation Nikhilesh De discusses what to expect. Plus, key takeaways from Celsius' bankruptcy hearing so far.

Recent Videos

Finance

Three Arrows Owes Polkadot Developer Moonbeam Foundation Over $27M, Court Documents Show

The hedge fund was also engaged as a “consultant" for Moonbeam-based glimmer and Moonriver-based river tokens.

Moon (Ralph Mayhew/Unsplash)