Binance to Relaunch Bid for Bankrupt Lender Voyager: Source
The previous Voyager sale saw FTX emerge as the “white knight,” beating out Binance. Original Source
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Bankrupt
Celsius is Owed $12M by Alameda Research, Newest Member of Bankrupt Crypto Club
The bankrupt crypto lender’s new CEO told the judge Celsius Mining has approximately 40,000 mining rigs. Source
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Visa Terminates Agreements With Bankrupt Crypto Exchange FTX – News Bitcoin News
Visa has reportedly terminated its global agreements with collapsed cryptocurrency exchange FTX and its U.S. arm, FTX US. The payments giant added that FTX’s “U.S. debit card program is being wound down by their issuer.” Visa Ends Agreements With FTX Visa Inc., the world’s leading payments processor, reportedly said Sunday that it
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Conflicting Reports Emerge About SEC Helping Bankrupt Crypto Exchange FTX With Legal Loopholes – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) reportedly met with crypto exchange FTX and former CEO Sam Bankman-Fried several times before the crypto firm filed for bankruptcy. SEC Chairman Gary Gensler was rumored to be helping FTX with legal loopholes. However, a new report indicates a contradicting viewpoint. Gensler’s Meeting With
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Bankrupt FTX Faces Criminal Investigation in the Bahamas
The once multi-billion dollar cryptocurrency enterprise, which was headquartered in the Bahamas, started unraveling after a CoinDesk article questioning the financials of FTX's sister company Alameda Research led to a liquidity crunch in early November. On Tuesday, rival exchange Binance was looking to buy the embattled FTX before the deal
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Bankrupt Crypto Lender Voyager Reopens Bidding Process Following FTX’s Collapse
Voyager Digital is ending the deal to sell itself to FTX US after the latter also declared bankruptcy on Friday. Source
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Bankrupt Crypto Lender Celsius Files Motion to Extend Submission Time for Reorganization Plan
A judge also temporarily denied Celsius from paying certain employees a retention bonus, a total of nearly $3 million. The plan, which Celsius’ lawyers claimed was necessary to keep the company’s employees from jumping ship, would divide the approximately $3 million in requested funds into cash bonuses for 62 of
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Lender Generate Capital to Buy Bankrupt Bitcoin Miner Compute North's Stake in Two Bitcoin Mining Facilities
The lender is paying $5 million in cash and assuming liabilities associated with the two sites, which total 400 MW of operating capacity. Original Source
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Court Kicks Off $1,422,000,000 Deal between Bankrupt Crypto Lender Voyager and FTX US
According to recent reports, the US Court has approved Voyager’s entry into a $1.42 billion agreement with FTX to acquire its virtual assets.Crypto Lender Voyager Digital filed for chapter 11 bankruptcy on July 4 after halting withdrawals a few days earlier. According to the company, the Three Arrows Capital default
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Crypto Custodian Prime Trust Agrees to Return $17M in Tokens to Bankrupt Lender Celsius
Celsius had sued Prime Trust in August, alleging that Prime Trust had improperly withheld the tokens when the two terminated their contract in June 2021. The assets, made up of 398 BTC, 196,268 CEL tokens, 3,740 ETH and 2.2 million USDC valued at roughly $17 million, were tied to Celsius’
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