Join Our Telegram channel to stay up to date on breaking news coverage Over the last couple of years, the blockchain industry has grown several times. While there has been a huge number of cryptocurre...
Tag: proceedings
Amidst bankruptcy proceedings, Celsius head Mashinsky resigns
Join Our Telegram channel to stay up to date on breaking news coverage 2022 has been more or less, a period of total chaos for the Defi sector. As one of the most successful blockchain categories, Def...
Celsius CEO Alex Mashinsky Resigns Amid Tumultuous Bankruptcy Proceedings – Bitcoin News
On Tuesday, September 27, 2022, Celsius Network CEO Alex Mashinsky submitted a letter of resignation from the company. Mashinsky added that he still plans to help the embattled crypto lender “achieve ...
Brett Favre’s SiriusXM Show Suspended Whilst Proceedings Continue In Welfare Fraud Case
MIAMI, FLORIDA – JANUARY 31: Former NFL player Brett Favre speaks onstage during day 3 of SiriusXM … [+] at Super Bowl LIV on January 31, 2020 in Miami, Florida. (Photo by Cindy Ord/Getty ...
XRP Lawsuit: Ripple Moves To Block SEC’s ‘Transparent Attempt’ To Delay Court Proceedings
Payments firm Ripple Labs and some of its top executives are objecting to a motion by the U.S. Securities and Exchange Commission (SEC) to seek more time or room to respond to potential new filings. R...
U.S. FTC Files Motion to Be Included in Celsius Bankruptcy Proceedings – crypto.news
The U.S. Federal Trade Commission (FTC) has filed a motion to be included in Celsius Network’s ongoing chapter 11 proceedings. Lawyers Request For Documents Relevant to Bankruptcy Proceedings In a fil...
Lawsuit Enters New Phase of Proceedings as Court Approves Scheduling Proposal
The Ripple lawsuit is moving toward another key phase — summary judgment. Under the schedule set by the court, the opening motions for summary judgment are due today, Sept. 13. Oppositions are due on ...
Celsius bankruptcy proceedings show complexities amid declining hope of recovery
Celsius Network is one of the many crypto lending firms that have been swept up in the wake of the so-called “crypto contagion.” Rumors of Celsius’ insolvency began circulating in June after the cryp...
Hodlnaut Reveals Engaging in Two Sets of Legal Proceedings
Hodlonaut’s request to be put to be placed under judicial management with the Singapore High Court was agreed upon, but the judicial managers – Samtrade Custodian Limited and S.A.M Fintech Pte Ltd – d...
Hodlnaut facing police proceedings, cuts 80% of staff
Holdnaut, the embattled crypto lender, faces police proceedings and revealed that it laid off most of its staff. The Singapore-based crypto firm said there are “pending proceedings” between itself an...
Celsius set to burn $137.2M in 3 months as bankruptcy proceedings continue
Embattled crypto lender Celsius filed for Chapter 11 bankruptcy in July and filed new documents in court on Aug. 14, detailing its budget for August through October. According to court documents, Cels...
CEL Rallies To $2 As Bankruptcy Proceedings Continue, But Rally May Just Be Starting
Celsius (CEL) has been rallying in recent times. The native token of the now bankrupt Celsius Network had taken a nosedive when the company had first filed for bankruptcy, but it seems the time is cha...
Celsius Investors Seek Help from Court; Latest Proceedings – crypto.news
The formerly giant cryptocurrency lending company Celsius Network is going through bankruptcy hearings, hoping to defend itself against accusations that it was operating a Ponzi scheme. The network is...
Crypto Lender Voyager Digital Enters Chapter 11 Bankruptcy Proceedings
Voyager Digital – a cryptocurrency broker and lender – has declared bankruptcy. The crypto space continues to crash and it’s taking all kinds of companies down with it. Voyager Digital Is Crashing wit...
Celsius wants to bring on former CFO as adviser for bankruptcy proceedings
Crypto lender Celsius Network has submitted a motion to bring on former CFO Rod Bolger as an advisor to help with its bankruptcy proceedings. A hearing will take place on August 8 to consider the moti...
Celsius first-day bankruptcy proceedings address the interim before a reorganization
Crypto lender Celsius’s Chapter 11 bankruptcy proceedings are officially underway as counsel argued for a number of interim motions during first-day proceedings. Chapter 11 proceedings allow a b...
Crypto market cap regains $1 trillion ahead of Ethereum merge, bankruptcy proceedings
For the first time in five weeks, the total market capitalization for crypto assets climbed above $1 trillion on Monday. The relative milestone comes as three key crypto bankruptcy proceedings get und...
3AC liquidators petition Singapore court to recognize BVI proceedings: Straits Times
Three Arrows Capital’s (3AC) liquidators are in the process of asking the Singapore legal system to recognize its British Virgin Islands (BVI) liquidation proceedings, according to a report toda...
Celsius Initiates Bankruptcy Proceedings to ‘Stabilize’ its Business
The lender recently replaced its former lawyers to those at Kirkland & Ellis LLP, the same lawyers handling Voyager’s bankruptcy filings Celsius is said to have resisted calls from its previous la...
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 ...
Revlon’s Bankruptcy Proceedings Complicated By Citi’s $900M Loan Repayment Error: FT
American City Business Journals Revlon shares climb as buyout rumors follow bankruptcy filing A report that an Indian multinational conglomerate is considering buying Revlon Inc. out of bankruptcy dro...
Let’s see how blockchain could bring changes in Court proceedings, making them smooth!
Since its emergence, blockchain has put itself in almost every task across industries, and now Judiciary can also take advantage. The notion of blockchain is known to be decentralized and permissionle...
Crypto Held on Coinbase Could be Subject to Bankruptcy Proceedings
Some small print in a financial report from Coinbase has raised eyebrows over a potential bankruptcy scenario and the implications for retail customers’ crypto assets stored on the platform. In its 10...
Will Smith Refused To Leave Oscars After Slapping Chris Rock—And Could Face Disciplinary Proceedings, Academy Says
Topline The Academy of Motion Picture Arts and Sciences asked actor Will Smith to leave the Oscars after he slapped comedian Chris Rock last weekend, but Smith refused, the organization said in a stat...