Bankruptcy

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.

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.

A Closer Look at FTX’s Most Recent Bankruptcy Documents
The exchange owes customers $1.6 billion in bitcoin, and only has $6 million of it on hand.

FTX Bankruptcy Special Counsel, Advisers Bill $38M for January
FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants and financial advisers working on the case.

Voyager Bankruptcy Judge Expresses Skepticism Over U.S. SEC Objection to Binance US Deal
New York Judge Michael Wiles indicated that he couldn't hold up Voyager's bankruptcy restructuring to wait for the regulator to explain its arguments.

FTX Bankruptcy Examiner Denial Appealed by U.S. Government
An independent investigation could cost as much as $100 million, the federal court in Delaware has previously been warned.

Voyager Denies SEC Claims VGX Token Is a Security as Binance.US Decision Looms
The bankrupt crypto lender needs court approval to be acquired by Binance's U.S. affiliate.

Binance.US Is Operating 'Unregistered Securities Exchange,' SEC Official Says
The official spoke during a Voyager Digital bankruptcy hearing.

Bankrupt Crypto Lender Celsius Resumes Withdrawals for Certain Custody Accounts
Bankrupt crypto lender Celsius Network is allowing withdrawals of assets in certain custody accounts. Eligible users will be able to withdraw all the funds in their accounts up to a certain limit, the company said in an earlier blog post. "The Hash" panel discusses the latest in the downfall of Celsius Network.

U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody
U.S. Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.) are questioning government policies controlling how financial firms handle their accounting for cryptocurrency. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down their letter to the regulators. Plus, the latest on Voyager's bankruptcy hearings.

