Crypto Lender Celsius Updates Bankruptcy Plan After Fahrenheit Deal

The new filing is set to face legal opposition from borrowers.

• 2023-06-15
• David Adler bankruptcy court US Bitcoin Corp Celsius Fahrenheit

Crypto Consortium Fahrenheit Wins Bid to Acquire Bankrupt Celsius' Assets

Troubled crypto lending company Celsius Network has made a significant step towards exiting from bankruptcy.

• 2023-05-25
• Celsius Network Bitcoin mining Alan Carr bankruptcy court court filings

Crypto Lender BlockFi Ordered to Withdraw Unapproved Reorganization Plan Shared 'Prematurely'

The bankrupt estate was ordered to issue a corrective letter clarifying its May 13 disclosure statement was not approved by court.

• 2023-05-22
• New Jersey Bankruptcy Court reorganization plan BlockFi Michael B. Kaplan bankruptcy court

Bankrupt Crypto Lender BlockFi to Refund More Than $100K to California Clients

The company will distribute more than $100,000 in loan repayment refunds through its servicer to former clients, pending bankruptcy court approval.

• 2023-03-28
• timely notification California bankruptcy court refund request BlockFi

Celsius Reaches Deal to Sell Crypto Platform to NovaWulf

Bankrupt cryptocurrency firm Celsius Network reached a deal to sell its retail platform to NovaWulf Digital Management as part of a plan to distribute liquid digital assets to customers.

• 2023-02-15
• NovaWulf Digital Management LP Celsius Network digital assets court papers bankruptcy court BANKRUPTCY BANKRUPTCY

FTX Insiders Served Subpoenas Over Fallen Crypto Exchange's Financial Dealings

Sam Bankman-Fried, his father, and other insiders have been served subpoenas as part of the crypto exchange's bankruptcy proceedings.

• 2023-02-15
• Joseph Bankman FTX Barbara Fried bankruptcy court Caroline Ellison Gary Wang Sam Bankman-Fried Alameda Nishad Singh

Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt

NYDIG had previously said it would object to a $70 million lifeline loan for Core if its own deal wasn't finalized.

• 2023-02-03
• Core Scientific bankruptcy court Chapter 11 bankruptcy NYDIG