Bankruptcy Filings

Celsius Allocates $2 Billion in Cryptocurrency to Creditors, Reveals Court Records

Theon BarrettFeb 16, 20242 min read

Celsius Distributes Most of Crypto Owed to Creditors Celsius, the crypto lender that filed for bankruptcy in 2022, has announced that it has distributed a majority…

FTX’s $10 Million Acquisition Sold to CoinList for $500,000

Theon BarrettFeb 10, 20241 min read

FTX Debtors Estate to Sell Digital Custody Inc. (DCI) to CoinList The FTX Debtors estate, led by CEO John Ray III, is selling Digital Custody Inc.…

Genesis seeks approval from bankruptcy court for $1.4 billion GBTC shares sale

Theon BarrettFeb 3, 20242 min read

Bankrupt Crypto Lender Genesis Global Capital Seeks Approval to Sell $1.6 Billion in Trust Assets Genesis Global Capital, a bankrupt crypto lender, has filed a motion…

Request for Celsius Creditors to Return Funds Withdrawn 90 Days Prior to Bankruptcy

Theon BarrettJan 9, 20243 min read

Celsius Bankruptcy Managers to Require Clawbacks from Large Withdrawals Creditors who made significant withdrawals in the 90 days leading up to Celsius’ bankruptcy announcement will be…

Celsius to Unlock ETH Holdings to Provide Sufficient Liquidity for Creditors

Theon BarrettJan 5, 20242 min read

ETH Price Rise Facilitates Asset Distribution for Celsius Celsius, the defunct crypto lender that filed for Chapter 11 bankruptcy protection in July 2022, is preparing for…

Legal expert predicts FTX bankruptcy to extend for an extended period, potentially lasting several years

Theon BarrettJan 1, 20243 min read

FTX Bankruptcy Case Could Drag On for Years According to Alan R. Rosenberg, a partner at Markowitz Ringel Trusty & Hartog, the FTX bankruptcy case is…

Payment Process for Mt. Gox Creditors Initiated through PayPal

Theon BarrettDec 26, 20232 min read

Mt. Gox Begins Repaying Creditors via PayPal Mt. Gox, the defunct bitcoin exchange, has reportedly started repaying some of its creditors through PayPal. Last month, the…

FTX Debtors Granted Permission by Bankruptcy Court to Begin Selling Assets, Including Grayscale Units

Theon BarrettNov 29, 20232 min read

Grayscale Investments’ Assets Under Management Reach $50 Billion Grayscale Investments, the world’s largest digital asset manager, has reached a significant milestone as its assets under management…

Celsius Commences Crypto Withdrawals for Select Claim Holders

Theon BarrettNov 29, 20233 min read

Celsius Begins Allowing Withdrawals for Some Users Celsius, a crypto lending platform that previously filed for bankruptcy, has announced that it is now enabling withdrawals for…

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