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Bankrupt

3AC’s tangled web leaves creditors out missing billions
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20 July, 2022

3AC’s tangled web leaves creditors out missing billions

The bankruptcy of ‘crypto’ hedge fund Three Arrows Capital (3AC) continues to rock the wider digital asset sector, threatening an...
Celsius owes $4.7B to customers as first bankruptcy hearing takes place
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19 July, 2022

Celsius owes $4.7B to customers as first bankruptcy hearing takes place

Monday’s hearing in the Southern District of New York also revealed that Celsius’ proposed pathway to recouping its massive losses...
Celsius Network is bankrupt—this is getting ridiculous
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15 July, 2022

Celsius Network is bankrupt—this is getting ridiculous

Celsius Network has an estimated 100,000 creditors and has $12 billion under management as of May 2022, although it's unclear...