Zipmex Files for Bankruptcy Protection in Singapore
The beleaguered crypto exchange has filed applications in Singapore to seek protection against bankruptcy amidst the threat of legal action from creditors. Source
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Crypto Lender Celsius Files to Retain Former CFO to Advise on Bankruptcy Proceedings
Rod Bolger resigned from Celsius in June, two weeks before the company filed for Chapter 11 protection. Original Source
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Crypto Lender Vauld Files for Protection From Creditors
The crypto lender – which counts Peter Thiel, Pantera Capital, and Coinbase Ventures among its investors – owes $402 million to its creditors, with 90% of that debt originating from individual retail investor deposits, a July 8 affidavit filed by Vauld co-founder and CEO Darshan Bathija revealed. Source
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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 Files for Chapter 11 Bankrupcty
The troubled crypto lender, in a statement, says its purpose for the voluntary action is to enable a "comprehensive restructuring plan" that benefits all "stakeholders." Source
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Bitcoin at $20.1K as Crypto Lender Voyager Files for Bankruptcy
Following that statement, Ehrlich posted on Twitter that "Customers with crypto in their account(s) will receive in exchange a combination of the crypto in their account(s), proceeds from the 3AC recovery, common shares in the newly reorganized Company, and Voyager tokens." Source
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Voyager Digital files for Chapter 11 bankruptcy, proposes recovery plan
Days after pausing trading, withdrawals and deposits, crypto exchange Voyager Digital is filing for bankruptcy under Chapter 11 in the Southern District Court of New York.Voyager's Chapter 11 bankruptcy filing indicated that it is on the hook for anywhere from $1 billion to $10 billion in assets to more than
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Embattled Crypto Hedge Fund Three Arrows Capital Files for Chapter 15 Bankruptcy – Bitcoin News
The troubled crypto hedge fund Three Arrows Capital Ltd., otherwise known as 3AC, has filed for bankruptcy according to recent court filings. The court papers show 3AC is aiming for an ancillary Chapter 15 proceeding so liquidators and creditors cannot seize the firm’s U.S. assets. 3AC Files for Bankruptcy —
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Crypto Hedge Fund 3 Arrows Capital (3AC) Files For Bankruptcy
Crypto hedge fund 3 Arrows Capital is slated to be another pillar piece of 2022’s bear market headlines, joining the likes of brutal bear market moments that include Terra Luna’s downfall and CeFi’s drama. While rumors have swirled for several weeks now about 3AC’s status, limited details with concrete information have
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