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BANKRUPTCY

Hodlnaut Held Up to $13m on FTX Prior to Withdrawal Halt
Bankruptcy

Hodlnaut Held Up to $13m on FTX Prior to Withdrawal Halt

Bankrupt crypto lending firm Hodlnaut may have $13M locked in FTX

Core Scientific Faces Bankruptcy With Over 78% collapse in Share Value
Bankruptcy

Core Scientific Faces Bankruptcy With Over 78% collapse in Share Value

Bitcoin mining firm Core Scientific to file for Bankruptcy

Celsius Gets Green Light from Bankruptcy Judge for Bidding Plans
Bankruptcy

Celsius Gets Green Light from Bankruptcy Judge for Bidding Plans

Celsius Network has received an ok sign from a federal bankruptcy judge for bidding procedure plans. The next step will include setting up a schedule in motion which could see the platform's assets sold by the end of the year.

German Crypto Neobank Nuri to Sets Date to Close its Business
Bankruptcy

German Crypto Neobank Nuri to Sets Date to Close its Business

German crypto Neobank, Nuri is closing shop later this year

Celsius Network Shares Details of Its Creditor as it Raises Cyber Threat Concerns
Bankruptcy

Celsius Network Shares Details of Its Creditor as it Raises Cyber Threat Concerns

Bankrupt cryptocurrency company Celsius Network has disclosed the information of its creditors in a filing recently provided in court, including names, addresses, amount owed, and email addresses amongst others

Marathon Reveals Over $80m Exposure to Bankrupt Crypto Miner Compute North
Bankruptcy

Marathon Reveals Over $80m Exposure to Bankrupt Crypto Miner Compute North

Compute North, which filed for bankruptcy protection last month, owes as much as $500 million to at least 200 creditors. Now the crypto miner got over $80 million in funding from Marathon Digital Holdings Inc.

Assets Belonging to Troubled Crypto Lender Celsius to go Under the Hammer
Bankruptcy

Assets Belonging to Troubled Crypto Lender Celsius to go Under the Hammer

Celsius Network Ltd., a troubled and bankrupt crypto lender, has disclosed the auction dates for its assets.

Zipmex's Woes May Soon be Over, But Here is the Catch
Bankruptcy

Zipmex's Woes May Soon be Over, But Here is the Catch

Sources citing an email sent by Mahagitsiri’s representatives indicate that Zipmex’s co-founder and Chief Executive Officer, Marcus Lim, demand to forfeit 100% of his holdings in the company.

Bankrupt Compute North Permitted by Court to Operate Key Functions
Bankruptcy

Bankrupt Compute North Permitted by Court to Operate Key Functions

Compute North, a cryptocurrency mining startup that filed for bankruptcy last week has been granted a number of allowances to continue some aspects of its business operations

Mining firm Compute North Files for Chapter 11 Bankruptcy
Bankruptcy

Mining firm Compute North Files for Chapter 11 Bankruptcy

Crypto mining firm Compute North has filed for Chapter 11 bankruptcy protection in a federal court as it had been struggling to survive due to the market downturn.

Celsius Files for Permission to Sell Its Stablecoin Holdings
Bankruptcy

Celsius Files for Permission to Sell Its Stablecoin Holdings

Celsius is seeking to generate liquidity through sales from its $23 million in stablecoin holdings.

Neutral Third Party to Examine Celsius' Finances
Bankruptcy

Neutral Third Party to Examine Celsius' Finances

A neutral third party is set to examine the finances of Celsius Network which earlier this year filed for Chapter 11 bankruptcy.

Thai Regulator Files Charges Against Zipmex Executives
Bankruptcy

Thai Regulator Files Charges Against Zipmex Executives

The Thailand offshoot of the beleaguered digital assets platform Zipmex might have landed itself in more trouble and this time, it is with the Thai Securities and Exchange Commission (SEC).

Bankrupt Crypto Lender Voyager to Auction Off Assets
Bankruptcy

Bankrupt Crypto Lender Voyager to Auction Off Assets

Voyager has hinged its recovery on the assets sale. Its assets will be auctioned with a guided legal process.

Bankrupt Celsius Seeks to Return $50m of Locked Crypto for Custody Holders
Bankruptcy

Bankrupt Celsius Seeks to Return $50m of Locked Crypto for Custody Holders

The filing from Celsius comes a few days after a group of customers claiming about $25 million in custody holdings petitioned the court for payback of their funds.