Advertisement     Major crypto exchange FTX has bagged the winning bid for financially troubled crypto lending firm Voyager and its assets. Voyager has accepted FTX’s ...
Tag: Embattled
Algorand Foundation Reveals $35M Exposure to Embattled Crypto Lender Hodlnaut, Commits to Maximally Recovering Its Assets
Following recent Hodlnaut credit woes, the Algorand Foundation says 3% of its assets are tied up with the Singaporean-based crypto lender. The Algorand Foundation recently disclosed a $35 million expo...
Popular Crypto Strategist Issues Severe Warning on Embattled Altcoin That’s Exploded by Over 330% in a Month
A widely followed crypto analyst is issuing a warning to investors about an altcoin that has surged over 330% since August. The pseudonymous trader known as Crypto Capo tells his 510,000 Twitter follo...
Embattled Crypto Broker Voyager Digital Sets Date To Auction Assets
Bankrupt crypto broker Voyager Digital is announcing that it will auction the remainder of its assets on September 13th. The auction is part of the restructuring plan for Voyager as the troubled compa...
Embattled Three Arrows Moves Funds From Liquidity Pool
One of the wallets linked to the struggling cryptocurrency hedge firm Three Arrows Capital has moved money for the first time in about ten days. Three Arrows Moves From Wallet On-chain data shows that...
Embattled Crypto Lender Celsius Receives Court Approval for Bitcoin (BTC) Mining and Sales
Embattled crypto lender Celsius Network has reportedly been green-lighted to mine and sell Bitcoin (BTC) amid bankruptcy proceedings. Reuters reports that Martin Glenn, Chief Judge of the U.S. Bankrup...
Embattled Crypto Lender Hodlnaut Seeks Judicial Management in Order to Rehabilitate the Company – Bitcoin News
Eight days ago, the crypto lender Hodlnaut announced that the platform was suspending withdrawals after citing volatile market conditions. This week the company says it is seeking judicial management ...
Embattled Crypto Futures Exchange Files for Restructuring Amid Ongoing Legal Battle
Crypto futures exchange CoinFLEX is reportedly seeking court approval for a restructuring plan as it faces financial trouble following a substantial default by one of its customers. Citing an email se...
Bankruptcy Claims Traders Have Begun Offering Creditors of Embattled Crypto Firms a Lifeline
Wall Street credit traders specializing in bankruptcy claims are offering customers of bankrupt crypto firms some of their money back. But there’s a catch: creditors must relinquish rights to their c...
Embattled Crypto Exchange Zipmex Set To Relea…
Cryptocurrency exchange Zipmex will soon release Bitcoin and Ethereum tokens this week, allowing customers to retrieve their assets after it suspended withdrawals from its Z Wallet product. The move w...
Embattled Crypto Broker Voyager Announces Plan To Resume Cash Withdrawals This Week
Troubled crypto lending platform Voyager Digital is announcing plans to resume cash withdrawals for customers this week after filing for bankruptcy last month. According to a new company blog post, a ...
Embattled Crypto Lender Vauld Granted Three-M…
Defi Payments Ltd, the parent company of the troubled crypto lending platform Vauld. Has been granted a short period of reprieve from creditors after being given a three-month moratorium by the Singap...
Former Voyager Executive Wants Different Restructuring Plan for Embattled Firm
A Former executive of embattled crypto lender Voyager is opposing the current restructuring plan for the company and wants to tow a different line. Shingo Lavine, who was Voyager’s chief innovation of...
Embattled Crypto Brokerage Voyager Accused of False Insurance Claims by US Fed and FDIC
The US Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) are accusing crypto brokerage firm Voyager Digital of falsely representing its deposit insurance status. In a joint letter, ...
Credit Suisse CEO to step down from embattled investment bank, WSJ says
Credit Suisse Chief Executive Thomas Gottstein addresses the Finanz und Wirtschaft Forum conference in Zurich, Switzerland, September 2, 2020. Arnd Wiegmann | Reuters Credit Suisse CEO Thomas Gottstei...
Embattled Crypto Firm Voyager Dismisses FTX’s Early Cash-Out Proposal, Says Offer ‘Highly Misleading’ at Best
Embattled crypto exchange platform Voyager Digital is rejecting FTX’s early buyout offer, according to new court documents. Voyager filed for bankruptcy earlier this month, citing a massive $650 milli...
Crypto Giant FTX Reveals Proposal for Customers of Embattled Firm Voyager To Cash Out Early
A crypto exchange platform known for helping out the crypto industry during these tough times is unveiling a proposal to bail out customers of a digital asset firm that recently filed for bankruptcy. ...
Embattled Three Arrows Capital Resurface after Five Weeks, Break Silence on ‘Wrong’ Allegations Directed at Them
Three Arrows Capital cofounders finally granted an interview to refute allegations that they moved funds before the company collapsed. The embattled cofounders of Three Arrows Capital (3AC) recently r...
Embattled Crypto Lender Vauld Owes Over $400 Million to Creditors: Report
Vauld, a Singapore-based cryptocurrency lending and exchange platform, owes a total of $402 million to its creditors, as reported by The Block. Of this amount, $363 million, or about 90%, was reported...
US-Based Lending Firm Owes $439,000,000 to Embattled Crypto Firm Celsius: Report
A troubled crypto brokerage that recently filed for bankruptcy says they are owed hundreds of millions of dollars by a US-based private lending firm. According to a new report by the Financial Times (...
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...
Embattled Crypto Lender Celsius Finally Files for Bankruptcy
Alex Dovbnya Celsius depositors have been dealt another blow Cryptocurrency lender Celsius has officially filed for bankruptcy, The Guardian reports. The company unexpectedly froze withdrawals on June...
Embattled crypto lender Celsius files for bankruptcy protection
Celsius on Thursday was sued by former investment manager Jason Stone, as pressure continues to mount on the firm amid a crash in cryptocurrency prices. Stone has alleged, among other things, that Cel...
Financial Regulators In Vermont Join Multistate Investigation Of Embattled Crypto Lender Celsius
– Advertisement – Vermont regulators go after Celsius. In a statement on Tuesday, Vermont’s Department of Financial Regulation reveals that it is joining investigations against Celsius as ...
Canoo Stock Soars As Embattled EV Startup Joins GM, Ford In Walmart Delivery Fleet
Canoo stock soared as the embattled startup joined General Motors (GM) and Ford (F) in building out Walmart‘s (WMT) EV delivery fleet. X The Dow Jones retail giant signed a “definitive agr...
Walmart Gives Embattled Tesla Rival Canoo a Lifeline
Canoo (GOEV) – Get Canoo Inc. Report, a young electric-vehicle manufacturer navigating serious financial stresses, got a lifeline just when it needed it. The financial problems have clouded Can...
Embattled exchange CoinFLEX sues Roger Ver in $84 million lawsuit
Troubled crypto exchange CoinFLEX confirmed it had filed legal action in Hong Kong to recover $84 million from Bitcoin Cash (BCH) proponent Roger Ver. On June 24, the company announced it had paused w...
Peter Schiff Would Accept Bitcoin in Sale of Embattled Euro Pacific Bank
Gold bug Peter Schiff says he would accept payment in bitcoin (BTC) in the event regulators allowed him to sell his embattled bank, Euro Pacific. The outspoken bitcoin critic vowed to fight after the ...
Dallas Mavericks Owner And Dogecoin Supporter Mark Cuban Comes Under Fire For Previously Promoting Embattled Voyager
– Advertisement – Mavericks fans call out Cuban as their assets get tied up in the Voyager debacle. Fans of the Dallas Mavericks hurt by the insolvency concerns around crypto lender Vo...
Embattled Crypto Lender Vauld To Be Acquired By Rival Nexo ⋆ ZyCrypto
Advertisement     Singapore-based crypto trading, and lending firm, Vauld is on a path to being acquired by rival crypto Nexo. Reports of the 100% acquisition deal com...
Crypto lender Nexo offers to buy embattled rival Vauld
Bitcoin, the world’s biggest cryptocurrency, is down more than 50% since the start of 2022. Nurphoto | Getty Images Beleaguered cryptocurrency lender Vauld has been thrown a lifeline from larger...