bankruptcy

CDCROP: Su Zhu of Three Arrows (CoinDesk)
Singapore High Court Recognizes Three Arrows Capital Liquidation Order
The decision will provide Three Arrow's liquidator, Teneo, the ability to probe assets held in Singapore.
CDCROP: Su Zhu of Three Arrows (CoinDesk)

CDCROP: Prime Trust sued by Celsius for return of $17M in crypto (Danny Nelson/CoinDesk)
Bankrupt Crypto Lender Celsius Sues Prime Trust Over $17M in Tokens
The dispute stems from a trove of assets held by Prime Trust for Celsius customers in New York and Washington state.
CDCROP: Prime Trust sued by Celsius for return of $17M in crypto (Danny Nelson/CoinDesk)

Celsius thermometer
Failed Crypto Lender Celsius Fires Back, Accusing Ex-Employee of Fraud
KeyFi founder and CEO Jason Stone has previously filed suit against Celsius, accusing his former employer of market manipulation, among other charges.
Celsius thermometer

The Reichstag, German Parliament Building
No Safety Net From Crypto Collapses, German Regulator Warns
The financial regulatory authority for Germany, BaFin, has toughened warnings about consumers potentially losing all their crypto investments, unlike holdings with regulated banks.
The Reichstag, German Parliament Building

Celsius
Celsius Depositors Fracture Again on Legal Strategy as 'Withhold' Group Lawyers Up
Some U.S.-based customers whose funds ended up frozen in holding accounts have hired a partner at Troutman Pepper to get access to their funds.
Celsius

CDCROP: Voyager CEO Steve Ehrlich (CoinDesk)
Voyager Customers Say No to 'Retention' Bonuses for Employees of Bankrupt Crypto Lender
Voyager wanted $1.9 million to pay bonuses to 38 employees it called "essential" to its continued operation.
CDCROP: Voyager CEO Steve Ehrlich (CoinDesk)

Sasha Hodder via CoinDesk TV
Bankrupt Lender Celsius CEO Owes Creditors Transparency, Crypto Lawyer Says
If Alex Mashinsky was “being transparent,” there would be “no need to pull in an independent examiner," said Sasha Hodder, founder of Hodder Law Firm, on CoinDesk TV's "First Mover."
Sasha Hodder via CoinDesk TV

Celsius Thermometer (Unsplash)
Bankrupt Crypto Lender Celsius Now Says It Likely Has Enough Cash to Last Through End of Year
The chief financial officer said during a bankruptcy hearing the company will receive additional funds via maturing loans, and sales and use tax savings.
Celsius Thermometer (Unsplash)

Consensus 2019 Alex Mashinsky Founder and CEO Celsius Network (CoinDesk)
Crypto Lender Celsius' Collapse Into Bankruptcy Should Be Probed, US Says
Some of the highest-profile and controversial bankruptcies in history, including Enron's and Lehman Brothers', have included the appointment of an independent examiner.
Consensus 2019 Alex Mashinsky Founder and CEO Celsius Network (CoinDesk)

CDCROP: Thermometer (Getty Images)
Canadian Pension Giant Caisse Writes Off $150M Bet on Bankrupt Crypto Lender Celsius
Quebec-based Caisse said Wednesday it had acted "too soon" in entering the sector.
CDCROP: Thermometer (Getty Images)