Bankruptcy

Bankruptcy

Policy

NovaWulf Plans to Tokenize Equity of Celsius’ New Firm With $2B Assets, After Takeover

Celsius Network contacted 130 interested parties and signed confidentiality agreements with 40, before choosing NovaWulf.

Alex Mashinsky, founder and CEO of Celsius Network, at Consensus 2019 in New York (CoinDesk)

Policy

FTX’s Bankruptcy Lawyers: ‘The Dumpster Fire Is Out’

At a hearing on Wednesday, lawyers for the now-defunct exchange described it as a “digital Potemkin village” run by former CEO Sam Bankman-Fried.

(Shutterstock)

Policy

Alameda to Be Repaid $53M Deltec Loan, Delaware Bankruptcy Court Rules

The 2021 payment to Tether's bank Deltec International was originally approved by FTX's Ryan Salame.

(Pixabay)

Finance

Bankruptcy Trading Platform Xclaim Closes $7M Round as It Adds Crypto Focus

Founder and CEO Matthew Sedigh says trading volumes have surpassed $200 million since Xclaim started operations in 2018.

(RunPhoto)

Finance

Bankruptcy Claims Exchange OPNX Stumbles Out of the Gate

Less than two dollars worth of trades have been executed in the 24 hours after the exchange went live.

Su Zhu (CoinDesk)

Videos

FTX EU Starts Process of Allowing Customers to Withdraw Funds

FTX EU has begun the process of allowing customers to withdraw funds locked up since parent FTX filed for bankruptcy protection last November. This comes as some clients are hoping for a reboot of the failed crypto exchange. FTX creditor Sunil Kavuri shares his reaction.

Recent Videos

Policy

Voyager-Binance.US Legal Fight Must Be Resolved by April 13, Court Documents Say

Voyager Digital's creditors stand to lose $100 million if delays caused by government objections to Binance.US' deal to buy Voyager drag on.

Binance Logo (Danny Nelson/CoinDesk)

Policy

U.S. Government Case Against Voyager-Binance.US Deal Has 'Substantial' Merits, Judge Says

District Judge Jennifer Rearden has put the $1 billion deal on hold but said she’d expedite an appeal to avoid too much delay

Changpeng Zhao, CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Finance

FTX EU Sets Up Website to Repay Users

The European arm had been in operation for only about eight months prior to the collapse of parent FTX.

FTX EU will allow customers to withdraw funds that have been locked on the platform. (CraigRJD/Getty Images)