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Judge Approves Independent Examiner in Crypto Lender Celsius' Bankruptcy Case
14.9.2022
The examiner will be appointed by the U.S. Trustee's office, a Department of Justice entity tasked with monitoring bankruptcies
Alex Mashinsky Wants To Resurrect Failed Crypto Lender Celsius As A Custodian
14.9.2022
The downturn triggered by the bankrupt major crypto lender Celsius (CEL) continues to roll over numerous crypto businesses worldwide, but Alex Mashinsky, the firm's CEO, reportedly aims to revive the business as a custodian....
Read More: Alex Mashinsky Wants To Resurrect Failed Crypto Lender...
FTC Moves to Join Crypto Lender Celsius’ Bankruptcy Case
13.9.2022
The Federal Trade Commission wants to get involved with failed crypto lender Celsius’ bankruptcy case
Crypto Lender Maker Turns to Staked Ether to Reduce USDC Influence
13.9.2022
The development is part of a move away from centralized crypto products such as stablecoins
Hodlnaut Judicial Managers Weigh Unwinding Crypto Lender's Assets Before Ethereum Merge
12.9.2022
The interim judicial managers of Hodlnaut, a Singapore-based crypto lender that froze withdrawals in August, have said that the upcoming upgrade to Ethereum, the Merge, poses a risk to the company's distressed assets
Algorand Foundation Declares $35M Exposure to Troubled Crypto Lender Hodlnaut
12.9.2022
Hodlnaut was placed under Interim Judicial Management in Singapore after suspending withdrawals from its platform in early August
Algorand Foundation outlines $35M exposure to crypto lender Hodlnaut
12.9.2022
The Foundation stated that it is “pursuing all legal remedies to maximize asset recovery.”
Crypto Lender Voyager to Auction Off Assets on Sept. 13
7.9.2022
The firm will liquidate its assets via auction as it moves through the bankruptcy process
Crypto Lender Nexo Introduces Spot and Margin Trading Platform
7.9.2022
Cryptocurrency lender Nexo has launched a trading platform that features spot, futures and margin trading for retail customers
Bankrupt Crypto Lender Celsius Seeks to Reopen Withdrawals for Specific Customers
2.9.2022
Celsius Network Ltd., the crypto lender that filed for Chapter 11 bankruptcy protection on July 13, is looking to release roughly $50 million worth of crypto assets to Celsius custody account holders. Reportedly, the Celsius custody accounts did not participate in the earn and borrow program....
Crypto Lender Celsius Says $70M Cash Relief Will Bolster Efforts to Survive the Year
2.9.2022
The extra cash from loan repayments, previously believed to be in stablecoins, means a much needed boost for the cash-strapped lender
Bnk To The Future eyes acquisition of crypto lender SALT
2.9.2022
SALT is one of the first crypto lending platforms to offer dollar-denominated loans collateralized by Bitcoin and Ether
Crypto Lender Celsius Files to Return Custody Clients' Funds
1.9.2022
Crypto lender Celsius has filed to return custody holders' funds to them, saying these funds are not part of the bankruptcy estate
Crypto Lender Celsius Faces Another Group of Customers Who Want Their Money Back
1.9.2022
More than 60 of Celsius’ custodial-account holders petitioned a bankruptcy court to force the crypto lender to send them back their funds outside of the proceedings
Crypto Lender Nexo Allocates Additional $50M for Token Buyback Initiative
30.8.2022
Cryptocurrency lending platform Nexo has allocated an additional $50 million to its token buyback initiative
Crypto Lender Hodlnaut Placed Under Interim Judicial Management by Singapore Court
30.8.2022
Troubled crypto lender Hodlnaut has been placed under interim judicial management in Singapore three weeks after it was forced to freeze withdrawals due to "difficult market conditions"
Crypto Lender Voyager Can Pay Employees 'Retention' Bonuses, US Judge Rules
24.8.2022
Judge Michael Wiles also agreed to withhold the names and titles of the employees who may receive the bonuses
Celsius Countersues Keyfi Founder, Company Claims Millions Were Stolen From Crypto Lender’s Wallets
24.8.2022
Roughly seven weeks after Keyfi founder Jason Stone filed a lawsuit against the crypto lender Celsius, the company has filed a countersuit against Stone claiming that he stole millions from Celsius wallets and allegedly “pocketed seven-figure returns.” Stone’s attorney Kyle...
Bankrupt Crypto Lender Celsius Sues Prime Trust Over $17M in Tokens
23.8.2022
The dispute stems from a trove of assets held by Prime Trust for Celsius customers in New York and Washington
Failed Crypto Lender Celsius Fires Back, Accusing Ex-Employee of Fraud
23.8.2022
KeyFi founder and CEO Jason Stone in early July filed suit against Celsius, accusing his former employer of market manipulation, among other charges