Celsius customers begin withdrawing funds eight months after bankruptcy filing
Funds withdrawals by Celsius custody account holders started on March 2. The withdrawals are opening about 8 months after the crypto lender filed for bankruptcy in June last year. The…
Genesis files for bankruptcy, what does it mean for crypto?
Key Takeaways Genesis has over $3 billion in debt and 100,000 creditors Gemini, the exchange founded by the Winklevoss twins, has threatened legal action over an unpaid $900 million loan…
Genesis could file for bankruptcy this week: report
Genesis Global Capital, a crypto lending platform owned by Digital Currency Group (DCG), is said to be considering filing for bankruptcy. According to a Bloomberg report, Genesis is likely to…
FTX to File for Bankruptcy as Metacade (MCADE) is Set to Skyrocket in Presale
Crypto markets were shaken to the core by the recent news that the world’s second-largest crypto exchange FTX was to file for bankruptcy in US courts. An $8 billion black…
FTX to hire BitGo to safeguard its assets during bankruptcy
FTX’s bankruptcy proceedings continue, and the company has now asked a judge to allow it to hire BitGo to secure its assets. Bankrupt crypto exchange FTX has notified a federal…
FTX’s bankruptcy filings show ‘complete failure of corporate controls’
Bankruptcy filings have called out Sam Bankman-Fried (SBF) and the entire FTX team for a complete failure of corporate controls. The latest bankruptcy filings have blasted SBF and his executives…
This week in crypto: FTX files for Chapter 11 bankruptcy
It has been a rollercoaster of a week, even for the cryptocurrency market standard, with FTX filing for bankruptcy. Crypto exchange FTX files for bankruptcy This is perhaps the most…