Take a look at what’s clicking on FoxBusiness.com. The cryptocurrency lender Celsius Community introduced Wednesday that it might file for chapter. Celsius stated it initiated voluntary Chapter 11 proceedings to…
Tag: bankruptcy
Crypto finance firm BlockFi files for bankruptcy following the fall of FTX
The bankruptcy filing submitted in New Jersey lists Ankura Trust Company as its largest creditor, to the tune of $729 million, followed by FTX US at $275 million. The SEC…
FTX bankruptcy hearing unveils latest developments in crypto exchange’s collapse
Binance CEO Changpeng ‘CZ’ Zhao discusses the latest fallout from the FTX collapse and how that is expected to impact his company’s operation on ‘Varney & Co.’ Attorneys representing…
Crypto assets worth $740M recovered in FTX bankruptcy so far
Congressmen French Hill and Jason Smith react to the latest developments about FTX founder Sam Bankman-Fried’s background on ‘The Evening Edit.’ The company contracted to recover assets of the failed…
Fame, fortune, and bankruptcy: A crypto star implodes
Federal prosecutors in Manhattan and US securities regulators are investigating what happened to billions of dollars in customer assets that FTX loaned — in violation of its own rules —…
FTX bankruptcy will offer a look behind crypto’s dark curtain
MittGroup CEO Grant Mitterlehner appears on “Cavuto: Coast to Coast” to discuss whether the crypto industry can survive the FTX fiasco. The bankruptcy of FTX Trading and other cryptocurrency companies…
Crypto lender Celsius defends bitcoin mining plans as chapter kicks off
July 18 (Reuters) – Cryptocurrency lender Celsius Community mentioned bitcoin mining is vital to the corporate’s restructuring efforts at a U.S. chapter court docket listening to on Monday in Manhattan.…