We are watching what happens when a “crypto bank” goes bankrupt. Major cryptocurrency lender Celsius has filed for Chapter 11 bankruptcy protection under U.S. law after suffering severe losses due to ...
Tag: Chapter
Crypto Lender Celsius Network Finally Files for Chapter 11 Bankruptcy
Celsius Networks said that the bankruptcy proceedings will help stabilize its business and create a restructuring plan to return payments to its customers. After weeks of trying to avoid bankruptcy, c...
Embattled Crypto Firm Celsius Files For Chapter 11 Bankruptcy
Crypto lending firm Celsius is voluntarily filing for Chapter 11 bankruptcy weeks after its native asset plummeted by more than 99%. According to a new press release, Celsius is filing bankruptcy to u...
Crypto Lender Celsius Network Files for Chapter 11 Bankruptcy Protection
Beleaguered cryptocurrency lender Celsius Network announced Wednesday that it has filed for Chapter 11 bankruptcy protection for reorganization in the U.S. Bankruptcy Court of the Southern District of...
Celsius Files for Chapter 11 Bankruptcy, Brings In New Directors
Celsius Network announced that it had filed for Chapter 11 bankruptcy. The company hopes to correct its situation and emerge stronger and has taken a few other steps to help the process as well. Celsi...
CEL Dumped 50% After Celsius Filed for Chapter 11 Bankruptcy Protection
Celsius Network announced today that it initiated a voluntary Chapter 11 bankruptcy protection with the Southern District of New York. Consequently, Celsius’ native token recorded a dip of over 50% at...
Celsius’ CEL Token Tanks 50% as Company Files for Chapter 11 Bankruptcy
After persistent efforts to repay its loans, beleaguered crypto lender Celsius Networks decided to file for Chapter 11 bankruptcy on Wednesday, July 13. Following the news, CEL, the native cryptocurre...
Celsius Files for Chapter 11 Bankruptcy Protection, Clears Debt with Compound
Crypto lender Celsius Networks has filed for Chapter 11 bankruptcy protection, MarketWatch reported. The embattled crypto lender has also repaid its remaining debt to the decentralized finance (DeFi) ...
Celsius Files For Chapter 11 Bankruptcy Tows The Same Path As Voyager
– Advertisement – Celsius is bankrupt. Embattled crypto lender Celsius and its subsidiaries on Wednesday filed for Chapter 11 bankruptcy in the Southern District of New York, confirming su...
Celsius Network initiates Chapter 11 bankruptcy proceedings
The Southern District Court of New York has begun a Chapter 11 bankruptcy case against cryptocurrency loan platform Celsius, it was verified on July 13 by the court. The Company made a public release ...
Published by Planetarium Labs, Nine Chronicles Unveils Chapter 3
The publisher of Nine Chronicles, Planetarium Labs, recently drawing attention from the media with their successful $32M funding led by Animoca Brands, Krust Universe, Wemade and Samsung Next, has ann...
A Breakdown of their Chapter 11 Filing
July 8, 2022, 12:25PM EDT • 7 min read Quick Take Digital asset lender Voyager Digital (VOYG-CA) suffering from liquidity constraints and continued cascading liquidations triggered during May-22’s Lun...
DECENTRELON’s Most Extensive Airdrop Celebrates the Next chapter Of Independence For Twitter Users
Advertisement     As a main proponent of decentralization, DECENTRELON, motivates Twitter’s 400 million users to take part in the movement by offering incentives. Simi...
Voyager Files for Chapter 11 Bankruptcy After Big Debt Default From Crypto Hedge Fund Three Arrows Capital
Embattled crypto brokerage Voyager Digital is filing for chapter 11 bankruptcy after a prominent borrower defaulted on a sizable loan. In a new press release, Voyager says the firm has commenced a res...
Crypto Broker Voyager Files For Chapter 11 Bankruptcy Protection
Crypto brokerage firm Voyager Digital announced today it has filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court of the Southern District of New York. The announ...
Voyager Digital Says Filing for Chapter 11 Bankruptcy Is Part of Reorganization Plans
Many crypto-related firms have recently had their very existence rattled to their cores as a result of the wider market crash, and one of such is Voyager Digital. Less than a week after pausing withdr...
Voyager Digital Files Chapter 11 Bankruptcy in New York
Cryptocurrency broker Voyager Digital Ltd. said that it has filed for Chapter 11 bankruptcy in New York. The bankruptcy was filed days after the company suspended withdrawals and trading on its platfo...
Voyager Digital caves and files for Chapter 11 bankruptcy
Crypto platform Voyager Digital filed for Chapter 11 bankruptcy on July 5 in the Southern District of New York. The company made the move four days after another significant industry player, Three Arr...
Voyager Digital files for Chapter 11 bankruptcy in New York
“When it rains, it pours” is an adage that has been true in the crypto world. For a few months now, the cryptocurrency sector has had a bad run of luck. Voyager Digital Ltd., a broker, filed for Chapt...
Crypto firm Voyager Digital files for Chapter 11 bankruptcy protection
Voyager said it has roughly $1.3 billion of crypto on its platform and holds over $350 million in cash on behalf of customers at New York’s Metropolitan Commercial Bank. Justin Sullivan | Getty ...
After Suspending Withdrawals, Voyager Digital Files for Chapter 11 Bankruptcy
The cryptocurrency brokerage firm – Voyager Digital Ltd. – and its two subsidiaries (Voyager Digital LLC and Voyager Digital Holdings) filed for Chapter 11 Bankruptcy with the Southern District of New...
Crypto Broker Voyager Digital Files for Chapter 11 Bankruptcy
The embattled crypto brokerage company Voyager Digital has filed for Chapter 11 bankruptcy following last week’s suspension of deposits and withdrawals. The crypto collateral collapse contagion contin...
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 b...
Voyager Digital Files for Chapter 11 Bankruptcy
Key Takeaways Voyager Digital has commenced voluntary Chapter 11 bankruptcy proceedings in the Southern District of New York. The company said in a press release that it was proposing a restructuring ...
Voyager Digital files for Chapter 11 bankruptcy protection
Popular cryptocurrency lender Voyager Digital declared bankruptcy late Tuesday, becoming the second high-profile crypto-firm to do so in recent days. Voyager, based in Toronto, filed for Chapter 11 ba...
Three Arrows Capital Files for Chapter 15 Bankruptcy in the US
The embattled cryptocurrency hedge fund, Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in the United States of America as it looks to preserve its assets in the country. According to ...
Three Arrows Capital files for Chapter 15 bankruptcy in New York
Crypto hedge fund Three Arrows Capital has filed for Chapter 15 bankruptcy in a New York court. The petition was submitted to the US Bankruptcy Court for the Southern District of New York. The Friday ...
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 Chapt...
Three Arrows Capital Files for Chapter 15 Bankruptcy Protection
Embattled Crypto hedge fund Three Arrows Capital has filed for Chapter 15 bankruptcy in New York to protect its U.S. assets after a liquidation order in the British Virgin Islands. According to Bloomb...
Three Arrows files for Chapter 15 bankruptcy in New York
Three Arrows Capital, a cryptocurrency hedge fund, has filed for Chapter 15 bankruptcy. The action of this plan protects its U.S. assets while the British Virgin Islands are liquidated. The 3AC firm h...
Celsius Network Resist Chapter 11 Bankruptcy Recommendation by Lawyers
Celsius Network is resisting its lawyers’ recommendation to file for Chapter 11 bankruptcy. Instead, the executives of the crypto company are seeking support from users to settle the internal disagree...
Celsius seeks show of client support as lawyers push for Chapter 11 bankruptcy
Embattled crypto lender Celsius Network is resisting a recommendation from its own lawyers to file for Chapter 11 bankruptcy — and seeking a show of support from users to help win the internal argumen...