Crypto is in chaos while FTX teeters on the brink of bankruptcy
New York CNN Business — In less than a week, a 30-year-old entrepreneur once hailed as a modern-day JP Morgan saw his digital empire, including billions...
Tagged: Bankruptcy
Judge orders investigation into whether bankrupt lender Celsius operated as a Ponzi scheme
Editor’s Note: With so much market volatility, stay tuned for daily news! Get caught up in minutes with our quick summary of today’s must-read news and...
Why Celsius Exposed Users and What You Can Do – Bitcoin Magazine
This week Celsius Network published a large document containing all the account balances of its customers. The move is part of the company’s ongoing restructuring process...
Mt. Gox refunds to investors could result in a Bitcoin dump, reducing its value
Japanese crypto exchange Mt. Gox will pay 142,000 Bitcoins (BTC) to its creditors. These creditors had their investments locked up when the exchange went bankrupt in...
Crypto: Celsius accuses former fund manager of stealing millions
The Celsius Network is in deep trouble. The crypto lender is one of the biggest victims of the fall in cryptocurrency prices that caused a liquidity...
Cryptocurrency Price Check: Celsius Network, Tether Under Scrutiny
Cryptocurrency prices were essentially flat on August 22 as the sector grappled with inflation and Russia’s bleak prediction of its invasion of Ukraine. “Symbolic Threshold” Bitcoin,...
Bankrupt crypto lender Celsius may leave customers queuing to get paid
Alex Mashinsky, CEO of Celsius Network Photographer: Dania Maxwell/Bloomberg © 2018 Bloomberg Finance LP What happened Earlier this month, crypto lender Celsius Network filed for Chapter...
Krypto: Customers of bankrupt lenders can soon get their money back
This is an unusual offer. But it’s a proposal that is likely to bring hearty comfort to customers of bankrupt crypto lender Voyager Digital. The latter...
Crypto Market Crash: Layoffs, Bankruptcies and Frozen Accounts
The crypto market has thrown up $ 2 trillion in the last seven months, an astonishing merger that has turned the once fast-growing industry. The crash...
Celsius stood out as better than a bank. Now the crypto company is filing for bankruptcy.
Celsius Network applied for bankruptcy protection on Wednesday after a “crypto winter” – or crash – that decimated the value of digital currencies including bitcoin and...