Bankruptcy


Finance

Crypto Exchanges Binance and FTX Have Both Bid Roughly $50M for Voyager’s Assets: Report

Binance’s current bid is slightly higher than FTX’s, according to sources who spoke to the Wall Street Journal.

Changpeng Zhao, CEO de Binance. (Archivo de CoinDesk)

Finance

Crypto Lender Voyager Digital Seeks to ‘Unwind’ $200M Loan to Alameda Research

Alameda, a firm run by FTX founder Sam Bankman-Fried, had said it is "happy to return" the loan to the firm that's now in bankruptcy.

(Pixabay)

Finance

Binance’s Attempt to Buy Voyager Digital’s Assets Complicated by National Security Concern: Sources

A Binance spokesman said “xenophobia” is underlying talk of a possible review by a key U.S. government panel that examines foreign takeovers.

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Finance

Crypto Lending Company Celsius Files for Permission to Sell Its Stablecoin Holdings

The bankrupt company currently owns 11 forms of stablecoins totaling approximately $23 million, according to disclosures.

Celsius Network founder and CEO Alex Mashinsky (CoinDesk)

Finance

FTX Is in the Lead to Buy Crypto Lender Voyager Digital’s Assets Out of Bankruptcy: Source

Voyager’s collapse shocked crypto markets earlier this year. It’s close to finding a buyer for its assets.

FTX CEO Sam Bankman-Fried (Craig Barritt/Getty Images)

Policy

Judge Approves Use of Independent Examiner in Crypto Lender Celsius' Bankruptcy Case

The examiner will be appointed by the U.S. Trustee's office, a Department of Justice entity tasked with monitoring bankruptcies.

Alex Mashinsky, founder and CEO of Celsius Network, at Consensus 2019 in New York (CoinDesk)

Policy

FTC Moves to Join Crypto Lender Celsius’ Bankruptcy Case

The Federal Trade Commission also requested a copy of all relevant documents.

Federal Trade Commission (Shutterstock)

Videos

White House Report Calls for Crypto Mining Standard to Reduce Energy Usage

The White House Office of Science and Technology Policy called for the U.S. to conduct further research on the energy impact of crypto mining in order to set standards for the industry. CoinDesk’s Global Policy & Regulation Managing Editor Nikhilesh De breaks down the report and what this means for the upcoming Ethereum Merge.

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Policy

Celsius, Creditors Agree to Independent Government Probe, Call for Narrowed Scope

The U.S. Trustee's office called for an independent examiner last month.

Celsius CEO Alex Mashinsky

Policy

Celsius Crypto Borrowers Call for Bankruptcy Trustee, Oppose US DOJ Move to Appoint Examiner

While a bankruptcy court should appoint an independent examiner to investigate Celsius’ financials, the examiner should not work for the U.S. Trustee’s office, a group of Celsius borrowers said.

(Shutterstock)