Search
NY Bankruptcy Judge Gives Celsius the Green Light to Pursue $4.3B Lawsuit Against Tether
2.7.2025
Celsius has accused Tether of improperly liquidating nearly 40,000 bitcoins in order to cover an outstanding loan while it was on the precipice of bankruptcy in 2022
Alex Mashinsky won’t get a piece of Celsius’ bankruptcy pie, judge says
17.6.2025
Alex Mashinsky and related entities have forfeited all claims to Celsius’ bankruptcy estate as the court prioritizes restitution to creditors
Alex Mashinsky won’t get a piece of Celsius’ bankruptcy pie, judge says
17.6.2025
Alex Mashinsky and related entities have forfeited all claims to Celsius’ bankruptcy estate as the court prioritizes restitution to creditors
Alex Mashinsky won’t get a piece of Celsius’ bankruptcy pie, judge says
17.6.2025
Alex Mashinsky and related entities have forfeited all claims to Celsius’ bankruptcy estate as the court prioritizes restitution to creditors
$1.5B in Crypto Still Sits in the Ruins of Firms Like FTX, Terraform, Celsius, and Blockfi
15.6.2025
Over the past few years, a wave of digital asset firms collapsed for a mix of reasons—some dragged down by earlier disasters like the FTX and Terraform Labs fiascos. Here’s a closer look at a handful of wallets tied to those now-defunct ventures and a glimpse at what’s still sitting onchain....
FTX users fight to unlock $2.2B in still-disputed bankruptcy claims
11.6.2025
FTX creditors are awaiting progress on at least $2.2 billion worth of disputed claims, with some users reporting issues with the KYC verification process
UK appoints specialist to recover crypto from bankruptcy cases
10.6.2025
The UK Insolvency Service has hired a former police investigator to help creditors recover cryptocurrency from failed companies and criminal cases
UK appoints specialist to recover crypto from bankruptcy cases
10.6.2025
The UK Insolvency Service has hired a former police investigator to help creditors recover cryptocurrency from failed companies and criminal cases
UK Appoints First Crypto Specialist for Insolvencies
9.6.2025
The country has been beefing up its crypto work as digital assets have soared in popularity
Elon Musk Warns US Headed for Bankruptcy, Slams Congress Over ‘Disgusting Abomination’ Bill
4.6.2025
Elon Musk erupts in fury, declaring he can’t take it anymore as he warns unchecked government spending is driving America toward catastrophic financial collapse and irreversible damage. Elon Musk Warns US on Brink of Bankruptcy—Says He Can’t Take It Anymore Elon Musk has unleashed a scathing...
FTX Creditors to Receive Over $5B in Second Payout Starting May 30
15.5.2025
The FTX Recovery Trust explained on Thursday that it will distribute more than $5 billion to creditors starting May 30, 2025, as part of its court-approved Chapter 11 bankruptcy reorganization plan. Distribution Date Set for FTX’s $5B Creditor Repayment The distribution, the second under FTX’s...
Ex-Celsius CEO Alex Mashinsky Seeks 1-Year Sentence, Rejects DOJ’s 20-Year Proposal
6.5.2025
Former Celsius CEO Alex Mashinsky is seeking a one-year prison sentence, sharply contesting the Department of Justice’s (DOJ) recommendation of 20 years for fraud and market manipulation tied to the cryptocurrency platform’s 2022 collapse. Mashinsky’s Lawyers Push for Leniency in Sentencing Memo...
New FTX EU Owner Backpack Initiates Customer Claims Process
2.4.2025
Backpack, which purchased FTX EU for $32.7 million in January, directed customers to complete the first step of KYC verification
Blockchain projects fight for 23andMe user data amid bankruptcy
2.4.2025
DNA testing firm 23andMe is bankrupt, and now the genomic data of its 15 million users is up for sale to the highest bidder. Could that data end up on the blockchain?The company announced on March 23 that it had filed for Chapter 11 bankruptcy protection and that its CEO, Anne Wojcicki, had stepped...
BlockFi Appeals to Creditors to Come Forward and Claim Bankruptcy Distributions
2.4.2025
With a May 15 deadline looming, just 43% of non-U.S. customers have claimed their distributions
23andMe Is a Wake-Up Call on Data Sovereignty
31.3.2025
Whether the Sei Foundation buys 23andMe, or not, the genetic data company’s bankruptcy shows the perils of centralized data collection and how blockchains can protect the public, says Phil Mataras, founder and CEO of decentralized cloud network AR.IO
FTX Estate to Begin Repaying Main Creditors $11.4B in Cash by May 2025
30.3.2025
The bankrupt cryptocurrency platform FTX aims to initiate repayments to primary creditors by May 30, 2025, deploying an $11.4 billion liquidity pool amassed since its 2022 downfall, Bloomberg revealed this week. Bankrupt FTX Creditors to Receive Payouts Having sought Chapter 11 protection...
FTX to Begin $11.4B Creditor Payouts in May After Years-Long Bankruptcy Battle
29.3.2025
Payments to FTX’s largest creditors will start May 30, nearly three years after the exchange collapsed
Court Approves 3AC’s $1.53B Claim Against FTX, Setting Up Major Creditor Battle
14.3.2025
A Delaware bankruptcy court allowed Three Arrows Capital to dramatically expand its claim against FTX, further complicating creditor payouts
US court gives Three Arrows nod to increase its FTX claim to $1.53B
14.3.2025
A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion.Chief Judge John Dorsey rejected FTX’s debtors’ argument that the amended proof...