Bitcoin (BTC) miner Marathon Digital has disclosed it invested $10 million in convertible preferred stock and $21.3 million in unsecured senior promissory notes in bankrupt crypto firm Compute North, ...
Tag: Bankrupt
Marathon Reveals $80M in Total Exposure to Bankrupt Data Firm
Marathon Digital Holdings has more than $80 million exposed to recently bankrupt Compute North Marathon previously installed 40,000 mining machines in Compute North’s wind-powered Texas mining site, o...
Liquidators Move Over 300 NFTs From Bankrupt Crypto Hedge Fund Three Arrows Capital to New Wallet: Report
The court-appointed liquidator of Three Arrows Capital (3AC) is reportedly moving over 300 Starry Night Capital non-fungible tokens (NFTs) from 3AC wallets. Starry Night Capital was launched by 3AC CE...
Bankrupt Crypto Lender Celsius’ Rocky Year Just Got Worse With Departure Of Yet Another Senior Exec ⋆ ZyCrypto
Advertisement     After now-former CEO of Celsius Alex Mashinsky stepped down from his position last week, co-founder of the cornered crypto lender S. Daniel Leon has ...
Co-Founder of Bankrupt Crypto Firm Celsius Daniel Leon Resigns: Report
Co-founder of the troubled crypto lender Celsius Daniel Leon has stepped down from his role as chief strategy officer, according to Bloomberg. Celsius, a now-defunct crypto lending firm, confirmed th...
Bankrupt Crypto Lender Celsius Co-Founder Resigns Days After Alex Mashinsky: Report
Another top executive of crypto lender Celsius Network has reportedly decided to leave his post following the resignation of the embattled company’s former CEO, Alex Mashinsky. Bloomberg reports that ...
Bankrupt Crypto Lender Celsius Network to Auction Assets on October 20
Beleaguered cryptocurrency lender Celsius Network plans to auction its assets on October 20, following in the footsteps of Voyager Digital, which recently concluded its auction. Celsius to Auction So...
Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May Bid – Bitcoin News
According to a filing published by the U.S. Bankruptcy Court for the Southern District of New York, the crypto lending firm Celsius has been given a final bid deadline of October 17, 2022. Following t...
Bankrupt Celsius Network Finalizes Dates for Auctioning of Assets
According to a court filing, Celsius Network has set dates for the auctioning of assets. The sale hearing will take place on Nov. 1. Bankrupt cryptocurrency lending firm Celsius Network has set dates ...
Bankrupt crypto lender Celsius reveals date to auction off assets
The insolvent crypto lending platform Celsius Network Ltd. has scheduled the dates for the auction of its assets. In accordance with a filing that was submitted to the United States Bankruptcy Court ...
Bankrupt crypto lender Celsius to auction assets on Oct. 20
Embattled crypto lender Celsius Network has set a final bid date of Oct. 17 for the sale of its assets, according to an Oct. 3 court filing. According to the filing, the firm would auction its assets ...
Bankrupt Crypto Lender Celsius Founder, Alex Mashinsky, Withdrew $10M Weeks Before Company Froze Customer Accounts: Report
A Mashinsky spokesperson, cited by the paper, said that the entrepreneur had disclosed to an unsecured creditors committee (UCC) in the bankruptcy proceedings that he and his family had $44 million in...
FTX Scoops Up Bankrupt Voyager at Discount Price
FTX will acquire Voyager at a price of $51,000,000 Sam Bankman-Fried, beat out Binance in the bidding war Voyager users who make the journey into FTX will receive a correlative amount After reportedly...
FTX Scoops Up Bankrupt Crypto Broker Voyager at Discount Price of $51,000,000: Report
Crypto exchange giant FTX is reportedly acquiring troubled crypto broker Voyager Digital at a discounted price after placing a bid to acquire the firm earlier this week. According to a new report by C...
FTX exchange pays $1.4b to buy bankrupt Voyager Digital
Join Our Telegram channel to stay up to date on breaking news coverage Earlier this year in July, Voyager Digital filed for Chapter 11 bankruptcy, which was massive news at the time. The continuous dr...
Sam Bankman-Fried May Scoop Up Bankrupt Celsius’ Assets: Report
Sam Bankman-Fried, helms crypto exchange FTX and trading firm Alameda Research, is considering buying the assets of the bankrupt lending firm Celsius, according to a Bloomberg report citing “a person ...
FTX.US Set To Acquire Assets of Bankrupt Crypto Lender Voyager After Placing $1,422,000,000 Bid
The US arm of crypto exchange giant FTX is set to acquire the assets of bankrupt crypto lender Voyager Digital after placing a bid of over $1 billion. According to a new press release, Voyager, which ...
CEO of Bankrupt Crypto Lender Celsius Alex Mashinsky Resigns
Alex Mashinsky—CEO of the bankrupt crypto lender Celsius Network—has submitted a letter of resignation to the company’s Board of Directors, according to a press release from a New York law firm on Tue...
CEO of The Bankrupt Celsius Network Resigns
Alex Mashinsky, CEO, and co-founder of the now bankrupt cryptocurrency lender Celsius Network LLC today announced his resignation. CEO of crypto lender, Celsius Network, today submitted a letter of re...
CEO of Bankrupt Celsius Network Resigns Amid Company’s Troubles
Alex Mashinsky, the Chief Executive Officer (CEO) of bankrupt crypto lender Celsius Network, has resigned. In a Tuesday press release, Mashinsky said that he has tendered his letter of resignation to ...
Crypto Exchange FTX Wins Bid to Buy Out Bankrupt Voyager for $1.4B
On Monday, cryptocurrency exchange FTX.US won the bid to buy out Voyager Digital, a crypto investment firm that filed for Chapter 11 bankruptcy in July. Voyager has accepted the exchange’s $1.4 billio...
FTX Wins Bid To Acquire Crypto Assets Of Bankrupt Voyager Digital
Voyager Digital had been one of the worst-hit crypto lenders of the lender crisis that rocked the market back in Q2 2022. After the lender filed for bankruptcy during the height of the crisis, there h...
FTX wins bid to acquire bankrupt Voyager’s assets
Crypto exchange FTX US will acquire bankrupt crypto lender Voyager Digital LLC’s digital assets. FTX’s bid is valued at approximately $14.22 billion, Voyager announced in a Sept. 26 press release. FTX...
Bankrupt crypto lender Voyager to sell assets to Sam Bankman-Fried’s FTX
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, o...
FTX Will Acquire Bankrupt Voyager Digital Assets for $1.4 Billion
Crypto billionaire Sam Bankman-Fried’s FTX exchange has won the auction for the assets of bankrupt digital assets lender Voyager Digital. FTX made the highest bid which was valued at $1.42 billion acc...
FTX Wins Bid to Take Over Bankrupt Voyager’s Assets
Digital-asset exchange FTX will now acquire the assets of bankrupt crypto brokerage Voyager Digital Ltd. FTX took over the assets after winning an auction with a bid of about $50 million, the informat...
Bankrupt Compute North Permitted by Court to Operate Key Functions
Compute North, a cryptocurrency mining startup that filed for bankruptcy last week has been granted a number of permissions to continue some aspects of its business operations. According to Judge Marv...
Bankrupt crypto lender Voyager’s CFO resigns
The chief financial officer of bankrupt crypto lender Voyager is expected to leave the company, a Friday announcement said. Ashwin Prithipaul “is resigning to pursue other opportunities,” ...
The CFO Of Bankrupt Crypto Lender Voyager Announced His Resignation
“On behalf of the Board of Directors and the executive leadership team, I want to extend our sincerest gratitude to Ashwin for his many valuable contributions, especially for his efforts during Voyage...
Bankrupt Crypto Lender Voyager’s CFO To Step Down Months After Appointment
Ashwin Prithipaul, the Chief Financial Officer of bankrupt crypto lender Voyager Digital Ltd, is expected to leave the company. The crypto firm said on Friday that the Finance Head would resign after ...
Going South: Crypto Mining Company Compute North Goes Bankrupt
Crypto mining data center company Compute North is the latest casualty in the ongoing harsh crypto winter that has of late forced some of the biggest crypto companies to close shop. Compute North file...