Celsius’ CEL token price is soaring despite the crypto lending firm filing for Chapter 11 bankruptcy. In the last 24 hours, the CEL token price has skyrocketed nearly 80% as a result of the community-...
Tag: filing
Celsius bankruptcy filing blames billion-dollar hole on rapid growth and bad bets
Celsius Network has filed for Chapter 11 bankruptcy protection in the Southern District of New York, and in the process lifted the lid on a mammoth $1.2 billion hole in its finances. According to the ...
Celsius lending firm vows to recover after a bankruptcy filing
Celsius, a cryptocurrency lending platform, has filed for Chapter 11 bankruptcy. The lender filed for bankruptcy around two months after halting functions such as withdrawals, swaps, and transfers bec...
Bankruptcy Filing Of Celsius Network
CEO Mashinsky thinks of Celsius filing for bankruptcy as a defining moment. As per the official announcement made on Wednesday, 13th July, crypto lender company Celsius Network filed for Chapter 11 ba...
Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters – Markets and Prices Bitcoin News
During the last 30 days, the Celsius Network’s native token CEL increased in value by over 140% against the U.S. dollar. On July 13, just before the lending company filed for Chapter 11 bankruptcy, CE...
Celsius reportedly filing for bankruptcy ‘imminently’
Crypto lending platform Celsius has reportedly filed for Chapter 11 bankruptcy, with its lawyers starting to notify individual United States state regulators as of Wednesday. The news was reported by ...
Will Celsius Bankruptcy Filing Safeguard It From Crashing Down?
3 hours ago | 2 mins read Exchange News Celsius filed the Chapter 11 bankruptcy protection. Chapter 11 allows a company to continue operating while restructuring its debt. After a month of turbulence...
Here’s Why Celsius Users Might Never Get Repaid Post Bankruptcy Filing
Celsius, a crypto lender, halted its operations without prior notice on June 14 and has now filed Chapter 11 bankruptcy with the US Bankruptcy court. The insolvent firm currently has $167 million wort...
The A-to-Z of Celsius filing for bankruptcy after closing off all debts
Crypto lending platform Celsius has created many headlines across the crypto space over the past two months. In the latest development, Celsius closed off the last of its DeFi debts that it owed Compo...
Endo Moving Toward Bankruptcy Filing Without Opioid Settlement Deal
Endo International PLC is moving toward a bankruptcy filing, potentially setting off intense conflicts with state and local governments that have sued the pharmaceuticals company for its alleged role ...
Su Zhu and Kyle Davis From Three Arrows Capital Do Not Cooperate: Court Filing
The lawyers seeking emergency provisional relief said the founders of the beleaguered hedge fund, Three Arrows Capital, are nowhere to be found and “have not yet begun to cooperate with the Foreign Re...
3AC founders in hiding, offices abandoned as court filing cites fear that assets may be “disposed of”
A filing in the United States Bankruptcy Court of the Southern District of New York states that the liquidators of Three Arrows Capital have been unable to communicate with the founders “in any meanin...
Whereabouts of 3AC Founders Unknown, Court Filing Says
A court filing shows that the current locations of 3AC founders Kyle Davies and Su Zhu are unknown. The development adds to the already tense situation of the company. Reports are emerging that the fo...
Investors lament over Voyager Capital’s bankruptcy filing 1
Investors have been left in the lurch, most of them fighting losses following the bankruptcy filing that was put forward by Voyager Digital some days ago. Most traders on the company’s platform have f...
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...
Carnage Grinds on as Voyager Digital is Next in Filing for Bankruptcy
Financially troubled lending platforms have fallen like a row of dominos. Toronto-based crypto broker Voyager Digital said Tuesday night that it filed for Chapter 11 bankruptcy under U.S. law in the S...
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...
3AC’s Crypto Is Still on the Move After Liquidation and Bankruptcy Filing
Alex Dovbnya Troubled crypto hedge fund 3AC has moved tens of millions of dollars to Kucoin Embattled cryptocurrency hedge fund Three Arrows Capital has transferred tens of millions of dollars worth o...
What’s in the VanEck filing of Spot Bitcoin ETF’s new application?
After multiple rejections of Spot Bitcoin Exchange Traded Fund applications, one more came from VanEck Many investment firms and trusts are looking towards Spot Bitcoin (BTC) ETFs, for which many time...
NYC Mayor Adams Accuses Giuliani Of Filing False Crime Report After Supermarket Slap
Topline New York City Mayor Eric Adams said Rudy Giuliani should be investigated for making a false police report, after Giuliani claimed to be painfully assaulted by a supermarket employee over the w...
Goldman Sachs Reportedly Planning to Buy Celsius Network’s Crypto Assets in the Event of a Bankruptcy Filing
– Advertisement – The popular investment banking company is reportedly preparing to take advantage of the Celsius Network situation and acquire the lending platform’s assets for a discount...
Here’s How Celsius Bankruptcy Filing Will Benefit Goldman Sachs
Investment bank Goldman Sachs is raising $2 billion to buy troubled crypto lender Celsius’ assets as it prepares for potential bankruptcy, according to Fortune. Goldman Sachs’ investors will be able t...
Why Is Revlon Stock Up 600% After Filing For Bankruptcy?
John Nacion/STAR MAX/IPx Key Takeaways Revlon filed for Chapter 11 bankruptcy last week under the weight of $3.3 billion in debt They’ve secured $375 million in additional debt that will allow them to...
What would be the future of Nano Labs filing for IPO on Nasdaq with SEC?
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Cosmetics Maker Revlon Nears Chapter 11 Filing
Revlon Inc. is preparing to file for chapter 11 protection as soon as next week after struggling for years with too much debt, stiff competition in the cosmetics business and more recent inflation and...
Revlon Plunges After Report It’s Preparing Bankruptcy Filing
(Bloomberg) — Revlon Inc. plunged 53%, the biggest one-day drop on record, after distressed debt news outlet Reorg reported that the cosmetics empire is preparing to file for bankruptcy. Most Re...
English Premier League Plans To Issue NFTs, Filing Shows
The English Premier League, the world’s most popular football league, has filed two trademark applications related to NFTs and digital asset trading with the U.S. Patent and Trademark Office (USPTO). ...
Trademark Filing by Kanye West – Is He Planning to Launch NFTs?
The recent seventeen trademark applications filed surrounding Kanye West’s might just be the hint we needed to know that the artist may be planning to mint his own non-fungible tokens (NFT) now. The m...