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bankruptcy

FTX collapse: Full impact has yet to be seen—Bloomberg
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14 November, 2022

FTX collapse: Full impact has yet to be seen—Bloomberg

Bloomberg covered what's going on with FTX, talking to experts from rival exchanges and SEC Commissioner Hester Peirce about what...
FTX Bankruptcy: Hacked, regulated or rug-pulled as traders despair
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12 November, 2022

FTX Bankruptcy: Hacked, regulated or rug-pulled as traders despair

Observers noticed on-chain records showing "hundreds of millions of dollars" worth of digital assets began leaving the FTX exchange’s wallets...
FTX.US, BlockFi halt withdrawals as ‘crypto’ fear goes viral
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12 November, 2022

FTX.US, BlockFi halt withdrawals as ‘crypto’ fear goes viral

The FTX exchange may have filed for bankruptcy protection but there’s no real defense against the sector-wide carnage this scandal...
FTX: Here we go again, as traders wonder where their money went
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10 November, 2022

FTX: Here we go again, as traders wonder where their money went

A few months ago, FTX CEO Sam Bankman-Fried was seen as a savior, but now some see him as a...
Was Celsius a Ponzi scheme? Federal judge orders probe
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4 November, 2022

Was Celsius a Ponzi scheme? Federal judge orders probe

A U.S. federal judge has ordered the examiner and the official committee of Celsius creditors to determine who would head...
Celsius CEO Alex Mashinsky withdrew $10 million prior to account freeze
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4 October, 2022

Celsius CEO Alex Mashinsky withdrew $10 million prior to account freeze

Another controversy hits Celsius Network following a media outlet's exposé claiming that chief Alex Mashinsky had withdrawn $10 million from...
US court appoints examiner in Celsius’ bankruptcy case amid brewing storms
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3 October, 2022

US court appoints examiner in Celsius’ bankruptcy case amid brewing storms

The order appoints Shoba Pillay to provide the court with a detailed report of Celsius' financial dealings and the condition...
Alex Mashinsky resigns from Celsius Network
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28 September, 2022

Alex Mashinsky resigns from Celsius Network

Months of speculation ended as Celsius CEO Alex Mashinsky steps down from his post amidst an ongoing probe, which comes...
Compute North files for Chapter 11 bankruptcy with $500M in debt
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26 September, 2022

Compute North files for Chapter 11 bankruptcy with $500M in debt

Compute North operates data centers for miners, including Marathon Digital and Hive Blockchain, but a $300 million loan has made...
US court approves appointment of examiner to uncover Celsius dealings
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17 September, 2022

US court approves appointment of examiner to uncover Celsius dealings

Intense scrutiny awaits Celsius with the U.S. court's approval to hire an examiner to look into its dealings, which comes...
Celsius creditors support appointment of trustee in bankruptcy case
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12 September, 2022

Celsius creditors support appointment of trustee in bankruptcy case

Attorneys for the bankrupt lender also revealed that they were in support of the trustee’s request to appoint of an...
Singapore-based Zipmex exchange files moratorium on bankruptcy
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2 August, 2022

Singapore-based Zipmex exchange files moratorium on bankruptcy

Zipmex explains that the application does not imply the liquidation of any entities, but it helps protect the company against...