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
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
Celsius is seeking to generate liquidity through sales from its $23 million in stablecoin holdings.
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
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
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
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.
Mt. Gox Creditor Refutes Fake Report about Upcoming 140K BTC Release
Eric Wall has announced that Mt. Gox is not soon distributing coins. Wall has refuted claims that the exchange plans to distribute 140,000 Bitcoins soon to the affected investors.
46% of American Crypto Investors Says it Has Done More Worse than Good - Report
Investing in the digital currency ecosystem has earned many of the early comers a fortune but the narrative is changing for those embracing the nascent industry now. According to a recent survey from the Pew Research Center, as many as 16% of US adults have invested in cryptocurrencies, particularly the top two coins, Bitcoin (BTC) and Ethereum (ETH)
Su Zhu Worried About Jail Term Over Liquidators Class Action Settlement - Report
The Singapore High Court recently approved liquidators to begin liquidating Three Arrows Capital’ remaining assets. Su Zhu worries that his firm (Three Arrows Capital) may not be able to fully comply with the liquidators’ demands, and therefore fears that they could face fines or jail.