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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
Bank Run at NFT Lender BendDAO Prompts Attempt to Avert Another Liquidity Crisis
22.8.2022
FTX Could Buy BlockFi for Only $15M – or a Lot More If Crypto Lender Hits Big Goals
22.8.2022
FTX’s option to acquire BlockFi includes performance targets around a key SEC approval and more than doubling client assets that boost the purchase price to $240 million, people familiar with the matter told CoinDesk
Hodlnaut Court Filings Highlight a $193 Million Shortfall, Whistleblower Condemns Crypto Lender’s Contradictory Statements
22.8.2022
The troubled crypto lender Hodlnaut shared another update after the company froze withdrawals on August 8, and then revealed the company is seeking judicial management in order to rehabilitate the startup. The latest update shows that Hodlnaut experienced a shortfall of around $193 million and this...
Voyager's Creditors Say 'No' to the Lender's 'Retention' Bonuses for Employees
22.8.2022
Creditors of the troubled crypto lender Voyager Digital have objected to the company's motion to pay employees "retention awards," saying that it should instead lower "headcount" to decrease costs.
The Official Committee of Unsecured Creditors, a group of Voyager customers, said in a recent legal...
Bankrupt Lender Celsius CEO Owes Creditors Transparency, Crypto Lawyer Says
19.8.2022
If Celsius Network’s CEO, Alex Mashinsky was “being transparent,” there would be “no need to pull in an independent examiner," Sasha Hodder, founder of Hodder Law Firm, said on CoinDesk TV's "First Mover."
Bankrupt Crypto Lender Celsius Now Says It Likely Has Enough Cash to Last Through End of Year
19.8.2022
The company’s CFO testified the company will receive additional funds in maturing loans and sales and use tax savings in a bankruptcy hearing with creditors