Judge Urges for SEC Decision on Planned Celsius Restart as Crypto Miner
America’s securities regulator has been urged to determine if it’s going to approve a plan to remodel Celsius Network right into a bitcoin mining agency....
FTX Estate Sues Layerzero Labs for $85M Over Alleged Fraudulent Deals and Asset Withdrawals Amidst Collapse
The bankrupt property of cryptocurrency alternate FTX is suing blockchain firm Layerzero Labs in an try to claw again a $45 million deal and over...
Judge Denies CEL Valuation Boost; Evades CEL’s Security Classification in Celsius Saga
In the unfolding saga of the Celsius chapter case, a proposal was offered to raise the defunct crypto enterprise’s native token, CEL, to a valuation...
FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust
In the midst of the chapter proceedings, FTX offered its main reorganization technique and time period sheet to the U.S. chapter courtroom, detailing an formidable...
Bittrex US Allows Fiat and Crypto Withdrawals Amid Bankruptcy Proceedings
Bittrex US, the now-defunct cryptocurrency change within the United States, has not too long ago launched a plan that allows American clients to withdraw crypto...
Blockfi Announces Self-Liquidation Plan After Failed Attempts to Sell Company
The now-defunct crypto lender Blockfi has just lately filed a courtroom doc outlining its plans to liquidate the corporate. The agency has come to the...
Quadriga CX Customers to Finally Receive Payout: Creditors to Get 13% per Dollar
EY, the worldwide accounting {and professional} providers group, launched a long-awaited replace on Friday for the collectors of Quadriga CX. The Canadian cryptocurrency trade, which...
Voyager Digital Provides Update on Reimbursement Plan for Creditors
Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has just lately knowledgeable collectors that they’ll anticipate to obtain...
Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors
Court filings reveal that the FTX co-founder is searching for entry to a $10 million insurance coverage plan to cowl his lawyer charges. FTX debtors...
Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company
After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the corporate’s U.Ok.-based arm. The central financial institution...