BTC Shows Resilience Despite Widespread Risk Aversion and Celsius' Bankruptcy Filing
The latest price moves in bitcoin (BTC) and crypto markets in context for July 14, 2022. Original Source
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Bankruptcy
Celsius Files for Bankruptcy — Regulator Says the Crypto Lender Is ‘Deeply Insolvent’ – Regulation Bitcoin News
Another crypto lender, Celsius Network, has sought bankruptcy protection in the U.S. “Customer claims will be addressed through the Chapter 11 process,” the company said. Two other crypto firms recently filed for bankruptcy protection: Voyager Digital and Three Arrows Capital (3AC). Celsius Follows Voyager, Files for Chapter 11 Bankruptcy Crypto lender Celsius
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Celsius' Mining Unit Files for Bankruptcy Just Months After Announcing IPO Intention
The mining unit filed for bankruptcy just few months after it said it intends to go public. Source
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Celsius vows to return from bankruptcy but expert fears repeat of Mt Gox
Crypto lending platform Celsius confirmed on July 13 that it has initiated Chapter 11 bankruptcy proceedings in the Southern District Court of New York.The announcement was shared on the company’s Twitter and shared with account holders via email on July 13, with a vow to “emerge from Chapter 11 positioned
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Celsius reportedly filing for bankruptcy ‘imminently’
Crypto lending platform Celsius has reportedly filed for Chapter 11 bankruptcy, with its lawyers starting to notify individual U.S. state regulators as of Wednesday, July 13.The news was reported by CNBC and referred to an unnamed source, who asked not to be named as the proceedings were private. They said
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Celsius Starting Bankruptcy Proceedings: Report
Crtypo lender's lawyers are notifying state regulators, source tells CNBC. Original Source
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US Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital’s Assets – Regulation Bitcoin News
A federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put the world on notice that it is the liquidators that are controlling the debtor’s assets at this stage.” Bankruptcy Judge Freezes
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US Bankruptcy Court Approves Foreign Administrator for Three Arrows Capital’s Debt
A U.S. federal bankruptcy court has approved a request by foreign representatives of liquidators of Three Arrows Capital to administer the crypto hedge fund's assets in the U.S. and subpoena its founders and other relevant parties, according to an order issued Tuesday. Original Source
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Three Arrows Capital Bankruptcy Filing Claims Location of Co-founders is Currently Unknown
Summary: Three Arrows Capital’s bankruptcy filing states that the location of both Su Zhu and Kyle Davies is currently unknown, and the pair might have left Singapore. The document also states that Three Arrows Capital managed $3 billion in digital assets as of April 2022. The bankruptcy filing also requests a stay on
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Investors lament potentially lost ‘millions’ on Voyager bankruptcy
Many Investors are reeling from Voyager Digital’s recent bankruptcy filing, with some claiming to have either ‘millions’ worth of crypto assets or most of their life savings locked on the crypto exchange.As previously reported, Voyager paused withdrawals at the start of this month amid its liquidity issues as a result
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