Bankruptcy


Policy

BlockFi Has Cash Access for Staff, Vendors Despite SVB Collapse: Attorney

The company had millions deposited with Silicon Valley Bank but regulators intervened Sunday evening to safeguard all customer monies.

BlockFi CEO Zac Prince at Consensus 2019 (CoinDesk)

Policy

U.S. Justice Dept. Appeals New York Judge’s Decision to Approve Voyager’s Sale to Binance.US

The appeal comes just one day after Judge Michael Wiles gave Voyager Digital the go-ahead to sell its assets to Binance.US.

Department of Justice (Shutterstock)

Finance

Three Arrows Founders' Bankruptcy Exchange to Offer Claims as Portfolio Margin

Leslie Lamb, the CEO of Open Exchange, took questions on a Twitter Spaces on Thursday morning.

Three Arrows co-founder Su Zhu speaks at FTX's Crypto Bahamas event in 2022 (Tracy Wang/CoinDesk)

Policy

FTX Proposes $4M Bonus Program as It Seeks to Retain Staff

The bankrupt crypto exchange wants to offer supplements up to 94% of salary to avoid sought-after coders quitting

New FTX CEO John J. Ray III (C-Span)

Videos

JPMorgan Is Cutting Ties With Crypto Exchange Gemini: Source; Celsius Bankruptcy Developments

JPMorgan is ending its banking relationship with Gemini, the cryptocurrency exchange owned by Cameron and Tyler Winklevoss, according to a person familiar with the situation. Separately, a judge ruled that Celsius Network should continue to have the exclusive right to prepare a plan for exiting bankruptcy until the end of March. 

Recent Videos

Markets

Embattled Crypto Lender Celsius Allocates $25M for Withdrawals, Burns $500M in WBTC

Celsius Network established a crypto wallet with $25 million of crypto assets for the lender’s custody account holders to withdraw, Arkham Intelligence said in a report. Eligible customers have withdrawn some $17.7 million of crypto assets, the firm’s chief executive said in a Wednesday court hearing.

(Unsplash/Modified by CoinDesk)

Policy

Crypto Lender Celsius Should Continue Exclusive Right to Pursue Novawulf Deal, Judge Says

Enough progress has been made to suggest the plan to set up a new recovery corporation should be the only one on the table, Martin Glenn said

(Marcia Straub/Getty Images)

Finance

Three Arrows-Backed Crypto Liquidity Protocol Rook Surges 23% on Fundraise Speculation

The ROOK token is experiencing a resurgence on speculation that Three Arrows' founders have completed a $25 million fundraise.

(Benjamin Smith/Unsplash)

Policy

Binance.US Can Move Ahead With Plan to Acquire Voyager Digital's Assets, Judge Rules

The bankruptcy judge in the Voyager Digital case chose to allow the deal with Binance.US over objections from the U.S. Securities and Exchange Commission and state regulators.

Voyager Digital's bankrupcy has left creditors in the lurch. (Danny Nelson/CoinDesk)