The Canadian fund invested US$150 million in Celsius in the fall of 2021. “Blockchain technology has the potential to disrupt several sectors of the traditional economy. As digital assets grow in adop...
Tag: Bankrupt
Bankrupt Celsius Lost Users’ Funds Trading Bitcoin (BTC) at CEO Alex Mashinsky’s Request: Report
Crypto lending platform Celsius reportedly attempted to trade its users’ Bitcoin (BTC) shortly before the company filed for bankruptcy. The Financial Times (FT) reports that Celsius misplaced user fun...
Mark Cuban Slammed with Lawsuit for Endorsing Bankrupt Voyager Digital
Days after going tough on metaverse real estate, Mark Cuban, the billionaire owner of the basketball team Dallas Mavericks, has been slammed with a class action lawsuit for his role in promoting the b...
Ripple Labs Is ‘Interested’ in Bankrupt Crypto Lender Celsius and Its Assets, Company Spokesperson Says – Bitcoin News
According to a Ripple Labs spokesperson, the distributed ledger company is interested in learning about the bankrupt crypto lender Celsius and its assets. When Ripple’s spokesperson was asked if the b...
Will Ripple Buy Assets From Bankrupt Crypto Lender – Celsius Network? Know The Truth – Coinpedia – Fintech & Cryptocurreny News Media
A representative for San Francisco-based cryptocurrency company Ripple Labs said on Wednesday that the company might be the ‘potential buyer of the assets of bankrupt cryptocurrency lender Celsius Net...
Ripple Discloses Interest in Bankrupt Crypto Lender Celsius Network
Blockchain payments firm, Ripple Labs Inc, is reportedly interested in the bankrupt crypto lending platform Celsius Network. As reported by Reuters, a company spokesperson gave insight into the compan...
Crypto Platform Three Arrows Capital Is Now Bankrupt
The rumors have been confirmed. Three Arrows Capital – which long denied it was in any trouble – is not only being forced to liquidate its assets, but it is now filing for Chapter 15 bankruptcy protec...
Bankrupt Crypto Broker Voyager Digital Approved to Return $270 million to Clients
The U.S. Bankruptcy Court in New York has given crypto brokerage Voyager Digital approval from the U.S. Bankruptcy Court to return $270 million to affected customers, the Wall Street Journal reports. ...
Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits – Coinotizia
The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corp...
Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits – Bitcoin News
The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corp...
CEO of Bankrupt Voyager Sold $30M in Company Shares Near Stock’s Peak in 2021: CNBC
Steve Ehrlich, CEO of now-bankrupt crypto broker Voyager Digital, sold more than $30 million in company shares in 2021, according to a CNBC analysis of Canadian Securities Exchange filings. After list...
Bankrupt Crypto Exchange Zipmex Resumed Withdrawals from Its Z Wallets
As part of the recent unlocking, users can transfer the three altcoins – SOL, ADA, and XRP – from its Z wallet to the Trade wallets. On Tuesday, August 2, bankrupt crypto exchange Zipmex announced tha...
Bankrupt Crypto Lender Celsius Could Leave Customers Last In Line To Get Paid
Alex Mashinsky, chief executive officer of Celsius NetworkPhotographer: Dania Maxwell/Bloomberg © 2018 Bloomberg Finance LP What Happened Earlier this month, crypto lender Celsius Network filed for Ch...
FDIC Slaps Bankrupt Lender Voyager Over Deposit Insurance Claims
The US financial insurance watchdog has issued a cease and desist letter to Voyager Digital Voyager, a cryptocurrency lender, filed for Chapter 11 bankruptcy earlier this month It’s been 20 days since...
Crypto Exchange Zipmex Goes Bankrupt – Who’s Next To Fall?
After weeks of rumors, cryptocurrency exchange Zipmex said that it had filed for bankruptcy protection in Singapore in response to mounting legal threats from creditors. The Thailand-based crypto exch...
Bankrupt Crypto Lender Celsius Seeks Help From Former CFO
Celsius’ former chief financial officer earned an annual base salary of $750,000 The bankrupt crypto lender again wants his advice due to his familiarity with Celsius Celsius has filed a motion to ret...
Bankrupt Voyager Digital Calls FTX’s Bailout a ‘Low-Ball Bid’
Sam Bankman-Fried’s FTX may have been hailed as the savior of the crypto winter, but in the latest twist in its acquisition streak, the company has been accused of low-balling one of its rescue offers...
Founders of Bankrupt Three Arrows Capital Emerge From Unknown Location As Creditors Seek $2,800,000,000: Report
The founders of a troubled crypto hedge fund have reportedly reappeared after leaving their creditors high and dry with a multi-billion dollar bill for over a month. According to a new report by Bloom...
FTX Proposes Joint Proposal to Bailout Bankrupt Voyager’s Customers
FTX crypto exchange announced on Friday that its plans to give Voyager Digital’s customers access to some of their funds. According to a joint proposal between FTX and Alameda Ventures, a trading firm...
Coinbase Confirms ‘No Financing Exposure’ to Bankrupt Crypto Firms Celsius, Voyager, Three Arrows Capital – Exchanges Bitcoin News
Crypto exchange Coinbase has confirmed that the company “had no financing exposure” to bankrupt firms, including Celsius Network, Voyager Digital, and Three Arrows Capital (3AC). “The issues here were...
Benzinga CEO Jason Raznick Among Bankrupt Voyager’s Largest Creditors, Court Documents Show
Jason Raznick, CEO of media company Benzinga, has been named to the unsecured creditor committee in the Voyager Digital bankruptcy case, according to a recent court filing. In chapter 11 bankruptcy pr...
“No Financial Exposure to Bankrupt Crypto Companies”- Says Coinbase Exchange
As per coinbase coinbase [email protected] Centralised Exchange Followers : 0 View profile reports, in a statement, it revealed that it has no Financing Exposure to Failed Crypto Firms named celsius n...
Coinbase Confirms No Risk Exposure to Bankrupt Crypto Firms
Nasdaq-listed cryptocurrency exchange Coinbase said in an announcement Wednesday that it had no risk-free exposure to bankrupt crypto firms, including Celsius, Three Arrows Capital, and Voyager Digita...
Peter Brandt Predicts More Crypto Firms Will Go Bankrupt ⋆ ZyCrypto
Advertisement     In a tweet on Thursday, experienced trader and market analyst Peter Brandt, responding to the news of Celsius’s Bankruptcy, has revealed that he expe...
Coinbase Says It Had No Exposure to Bankrupt Firms Celsius, Voyager or Three Arrows
Coinbase said it does not have any lending exposure to Three Arrows Capital, Celsius Network, or Voyager Digital, all companies that have collapsed and filed for bankruptcy amid a slump in crypto pric...
Coinbase faults bankrupt crypto firms for lacking risk management measures
Cryptocurrency exchange Coinbase has suggested that firms that recently filed for bankruptcy protection failed to consider the basic elements of risk management. The exchange stated that companies li...
Bankrupt Three Arrows Capital Owes $3.5B to Creditors, Including $2.3B to Genesis
Three Arrows Capital (3AC) owes a whopping $3.5 billion to 27 different companies—including Blockchain.com, Voyager Digital, and lender Genesis Global Trading—according to court documents. The details...
Shocker: Three Arrows Capital Founders Bought $50M Yacht Before Going Bankrupt With Borrowed Money
– Advertisement – 3AC is in trouble as investor exposes their yacht purchase that was paid with investor funds. The recent collapse of Terra Luna and UST put so many investors and crypto...
What happens to my funds if a crypto exchange goes bankrupt?
Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors’ crypto when a platform fails. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Trader...
Three Arrows Capital creditors lent bankrupt fund $3.5 billion, court documents show
Collapsed crypto hedge fund Three Arrows Capital (3AC) owed 27 crypto companies $3.5 billion, according to court documents published today by 3AC’s liquidators. The largest creditor on the list ...
Genesis Lent $2.36B To Bankrupt Crypto Hedge Fund Three Arrows Capital
Reports have revealed that Genesis had lent $2.36 billion to crypto hedge fund Three Arrows Capital (3AC). The crypto hedge fund had recently filed for Chapter 15 bankruptcy in New York. Genesis’s par...