Fed demands Voyager remove ‘false’ claims deposits are FDIC insured
The Fed and FDIC allege that Voyager “made various representations online" that its funds were FDIC insured.
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Voyager Says FTX’s Buyout Offer Was Misleading “Low-Ball Bid,” SBF Fires Back
Commenting on Voyagers response to the proposal, FTX founder and CEO Sam-Bankman Fried said that only the bankruptcy lawyers would benefit from dragging out the proceedings, while the customers would...
FTX proposes a way to give Voyager Digital clients some of their digital assets back early
FTX is proposing to buy out all Voyager Digital digital assets and digital asset loans, except loans to Three Arrows Capital, which would remain Voyager Digital’s problem.
Three Arrows Capital Founders Speak After Filing Bankruptcy, Exec Says the ‘Whole Situation Is Regrettable’
This week the two co-founders of the embattled cryptocurrency hedge fund Three Arrows Capital spoke to Bloomberg about their fund crumbling at the seams. The co-founders Su Zhu and Kyle…
Crypto lender Vauld seeks protection against creditors: Report
The crypto exchange, which is backed by Peter Thiel and Coinbase, halted withdrawals in July following an apparent run on its assets.
Judge Allows Voyager to Pay Off Credit Card Debt
Crypto exchange Voyager will be able to pay off $76,000 of credit card debt to Brex, a judge reluctantly decided yesterday. Great Misgivings Over Voyager Voyager Digital will be paying...
Source claims 3AC’s Deribit exposure is worth much less than reported
The creditors of Three Arrows Capital may be left holding the bag, according to a source who claims the hedge fund's exposure to Deribit is only worth $25 million.
Celsius Is Hoping for a Bull Market to Repay Customers
During a late Monday bankruptcy hearing, Celsius lawyer Patrick Nash told the judge that all is not lost, as the firm is aims for a reorganization rather than a liquidation....
Celsius Unveils Recovery Plans in Bankruptcy Hearing
Celsius Network detailed new recovery plans today during its bankruptcy hearing and in a related court document. Celsius Has Plans for Recovery Celsius representatives appeared in court today for the...
Report: Equitiesfirst Named as Mystery Debtor to Celsius, $439 Million Owed to Crypto Lender
Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in…