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Bankruptcy
Celsius Files for Bankruptcy; Crypto Unfazed by US inflation
Celsius files for bankruptcy after paying off hundreds of millions of dollars of loans. Bitcoin bounces back after U.S. CPI hits 41-year high. MATIC skyrockets as Polygon joins Disney accelerator. Bitcoin hashrate slumps to lowest in over five months amid over 100 degree weather in Texas. Questions over Circle’s USDC reserves linger despite reassurances. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Celsius' Mining Unit Files for Bankruptcy Just Months After Announcing IPO Intention
Celsius Mining said in March that it intended to go public.
Celsius Network Files for Chapter 11 Bankruptcy
The crypto lender said it has $167 million in cash on hand and will continue to freeze customer withdrawals.
Celsius Starting Bankruptcy Proceedings: Report
Crypto lender's lawyers are notifying state regulators, source tells CNBC.
This 21-Year-Old Student Wants His Locked-Up Funds Back From Voyager Digital
The implosion of Voyager Digital has stung trading firms and retail investors after the crypto broker filed for bankruptcy last week.
Celsius is ‘Deeply Insolvent,’ Alleges Vermont Department of Financial Regulation
The troubled lender lacks the assets and liquidity to honor its obligations to investors, DFR said.
US Bankruptcy Court Approves Foreign Administrator for Three Arrows Capital's Debt
The administrator will also be able to subpoena the crypto hedge fund's founders.
Three Arrows Founder Says Attempt to Work With Liquidators Met With 'Baiting'
In a first tweet since the crypto hedge fund imploded, Three Arrows co-founder Su Zhu posted screenshots from legal counsel saying the fund's principals are willing to work with liquidators.
Voyager Clarifies USD Deposit Status in Update
The crypto exchange, which filed for Chapter 11 bankruptcy, says it remains unclear how customers will be reimbursed for their cryptocurrency investments.
Three Arrows Creditors Get Emergency Hearing as Founders Fail to 'Cooperate'
Creditors say the fund’s remaining assets could be “transferred or otherwise disposed of” before creditors get their share.
