Bankruptcy


Vídeos

Bankruptcy Filing Reveals Biggest Celsius Creditors

Celsius Network's chapter 11 bankruptcy filing reveals the extended influence of crypto billionaire and FTX CEO Sam Bankman-Fried, according to Bloomberg. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Finanzas

Celsius Acknowledges $1.2B Hole in Balance Sheet

The news comes after the ailing crypto lender filed for bankruptcy protection Wednesday.

Celsius CEO Alex Mashinsky at Consensus 2019 (CoinDesk archives)

Layer 2

Celsius Network 'Could Stick Around' After Bankruptcy, Restructuring Expert Says

Ryan Preston Dahl joined CoinDesk TV’s “First Mover” to discuss the crypto lender's filing.

Ryan Preston Dahl, a partner at Ropes & Gray, joined CoinDesk TV’s “First Mover” to discuss Celsius Network's bankruptcy filing. (CoinDesk TV, modified)

Vídeos

Celsius CEO: Bankruptcy Filing Is 'The Right Decision'

Celsius co-founder and CEO Alex Mashinsky responds to the crypto lender filing for bankruptcy protection, noting in a press release that it's the "right decision for our community and company.” "The Hash" panel discusses his statement and the future of the company.

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Mercados

Analysts See Recovery for CEL Token Despite Celsius Bankruptcy

CEL was down more than 10% in the past 24 hours, but some see a “fresh start” for the token.

Will there be a "fresh start" for Celsius's token? (Unsplash, modified by CoinDesk)

Vídeos

Celsius Network Files for Chapter 11 Bankruptcy

Celsius Network, the crypto lender facing a liquidity crisis, has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of New York. Ropes & Gray LLP Partner Ryan Preston Dahl discusses the developments and potential ramifications for users.

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Vídeos

What Celsius Filing for Bankruptcy Protection Means for Crypto

Crypto lender Celsius Network filed for Chapter 11 bankruptcy protection roughly a month after freezing user withdrawals. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the regulatory implications and why it was “pretty inevitable.”

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Vídeos

Celsius Files for Bankruptcy; Crypto Unfazed by US inflation

Celsius files for bankruptcy after paying off hundreds of millions of dollars of loans. Bitcoin bounces back after U.S. CPI hits 41-year high. MATIC skyrockets as Polygon joins Disney accelerator. Bitcoin hashrate slumps to lowest in over five months amid over 100 degree weather in Texas. Questions over Circle’s USDC reserves linger despite reassurances. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Finanzas

Celsius' Mining Unit Files for Bankruptcy Just Months After Announcing IPO Intention

Celsius Mining said in March that it intended to go public.

Voyager Digital files for bankruptcy protection (RunPhoto/Getty images)