Bankruptcy

Mt. Gox to Set Creditor Repayment Date in 'Due Course'; Celsius Files to Return Custody Clients' Funds
Mt. Gox to Set Creditor Repayment Date in ‘Due Course’; Celsius Files to Return Custody Clients’ Funds
The distribution of funds to former customers of defunct crypto exchange Mt. Gox will begin on a repayment date to be set in “due course.” Two Georgia-based bitcoin mining fac...
Mt. Gox to Set Creditor Repayment Date in 'Due Course'; Celsius Files to Return Custody Clients' Funds

Crypto Lender Celsius' Bankruptcy Case Back in Court as Hearings Continue
Crypto Lender Celsius’ Bankruptcy Case Back in Court as Hearings Continue
CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the latest legal developments surrounding crypto lender Celsius and a preview of today’s hearing in...
Crypto Lender Celsius' Bankruptcy Case Back in Court as Hearings Continue

NFT Markets Aren't Immune to 'Spooked' Buyers: Quadency CEO
NFT Markets Aren’t Immune to ‘Spooked’ Buyers: Quadency CEO
NFT platform Opensea saw daily trading volume plummet by 98% since its peak. Quadency founder and CEO Rosh Singh says “people are spooked” by the cascading bankruptcies and li...
NFT Markets Aren't Immune to 'Spooked' Buyers: Quadency CEO

Crypto Lender Celsius Files 2 New Lawsuits in Attempt to Recover Funds
Crypto Lender Celsius Files 2 New Lawsuits in Attempt to Recover Funds
Crypto lender Celsius Network has filed two new lawsuits in an attempt to retrieve lost funds. Ropes & Gray Business Restructuring Associate Daniel Gwen discusses what this me...
Crypto Lender Celsius Files 2 New Lawsuits in Attempt to Recover Funds

Alleged Tornado Cash Developer Must Stay in Jail; Judge Approves Voyager Paying 'Retention' Bonuses
Alleged Tornado Cash Developer Must Stay in Jail; Judge Approves Voyager Paying ‘Retention’ Bonuses
Alexey Pertsev, accused of facilitating money laundering via now-sanctioned Tornado Cash, must stay in jail for at least 90 more days, a Netherlands judge ruled Wednesday. Cry...
Alleged Tornado Cash Developer Must Stay in Jail; Judge Approves Voyager Paying 'Retention' Bonuses

'Not Unusual' for Voyager to Pay Employees Retention Bonuses, Restructuring Expert Says
‘Not Unusual’ for Voyager to Pay Employees Retention Bonuses, Restructuring Expert Says
A U.S. federal judge ruled in Voyager’s bankruptcy hearing Wednesday the crypto lender can pay more than 30 employees a collective $1.6 million as a “retention” award. Ropes &...
'Not Unusual' for Voyager to Pay Employees Retention Bonuses, Restructuring Expert Says

Crypto Advocate Michelle Bond Loses Primary Bid for Congress
Crypto Advocate Michelle Bond Loses Primary Bid for Congress
Michelle Bond lost her primary bid to be the Republican congressional candidate for her New York district. CoinDesk’s Global Policy & Regulation Managing Editor Nikhilesh De d...
Crypto Advocate Michelle Bond Loses Primary Bid for Congress

Celsius CEO Alex Mashinsky Owes Transparency to Creditors, Says Legal Expert
Celsius CEO Alex Mashinsky Owes Transparency to Creditors, Says Legal Expert
Hodder Law Firm Founder Sasha Hodder discusses crypto lender Celsius Network’s Chapter 11 bankruptcy proceedings and the “need” for CEO Alex Mashinsky to clarify what the firm...
Celsius CEO Alex Mashinsky Owes Transparency to Creditors, Says Legal Expert

DOJ Calls for Examiner to Probe Bankrupt Crypto Lender Celsius
DOJ Calls for Examiner to Probe Bankrupt Crypto Lender Celsius
The U.S. Trustee office, which oversees bankruptcy matters, said an independent probe into Celsius’ financials is needed to address “significant transparency issues” in the cr...
DOJ Calls for Examiner to Probe Bankrupt Crypto Lender Celsius

DOJ Calls for Independent Examiner in Celsius Bankruptcy Case
DOJ Calls for Independent Examiner in Celsius Bankruptcy Case
The U.S. Trustee office overseeing Celsius’ bankruptcy proceedings has asked that an independent examiner be appointed to look into the crypto lender’s collapse into bankruptc...
DOJ Calls for Independent Examiner in Celsius Bankruptcy Case