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The troubled crypto hedge fund Three Arrows Capital Ltd., otherwise known as 3AC, has filed for bankruptcy according to recent court filings. The court papers show 3AC is aiming for…
The embattled crypto lending platform Celsius has kept withdrawals and transfers frozen since June 12 and told the Celsius Network community that the “process will take time.” Since then, Celsius…
Celsius is hiring consultants to prepare for possible bankruptcy, according to reports from the Wall Street Journal. Celsius Could File For Bankruptcy Celsius has brought in consultants from the management...
Restructuring, bankruptcy, buyouts... media outlets are swarming with different reports on the next steps Celsius may take.
It has been a chaotic week for digital assets. Two firms may be inching closer to insolvency while Coinbase, one of the largest crypto exchanges, laid off almost a fifth…