Tag: Celsius restructuring
The Comeback Story of 3AC Founders: GTX Exchange in the Works
3AC founders Su Zhu and Kyle Davies team up with Coinflex to launch GTX, aiming to trade claims against bankrupt firms and raise $25 million.
Hodlnaut Faces Liquidation as Creditors Reject Restructuring Plan
Hodlnaut faces liquidation as creditors reject restructuring plan, urging asset distribution. Discover the unfolding crisis in crypto lending.
Auros Global Plans Comeback After FTX Fallout: Restructuring Efforts in Place
Auros Global outlines its plans for recovery post-FTX collapse, emphasizing a strategic restructuring to restore operations and manage cash flow issues.
Crypto Chaos: Thailand’s SEC Takes Action Against Zipmex and Co-Founder
Thailand’s SEC accuses Zipmex and Akalarp Yimwilai of non-compliance, triggering regulatory investigations and questions on withdrawals and debt relief.
Weekly Recap: Bankman-Fried and Crypto Regulations Under Scrutiny
This week’s law spotlight shines on Sam Bankman-Fried, crypto regulations, and legal battles brewing in Congress. Catch all the highlights!
Huobi Exchange Restructures Amid Layoffs and Rumors
Discover Huobi’s restructuring plans, workforce layoffs, and how Justin Sun addresses insolvency rumors amidst the ongoing bear market.
Nuri Faces Insolvency While Ensuring Customer Safety – A Look Into the Crypto Banking Crisis
Nuri, a crypto bank, faces insolvency but assures customers their funds are safe. Learn more about its partnership with Solarisbank and industry trends.
CoinFlex’s Bold Restructuring Proposal: Aiming for Recovery Amidst Liquidity Challenges
CoinFlex proposes ownership changes as part of a restructuring plan, aiming to recover from liquidity challenges. Will creditors become the new majority owners?
V Ventures Set to Acquire 90% Stake in Troubled Crypto Exchange Zipmex
V Ventures to acquire a 90% stake in troubled Zipmex for $100 million amid ongoing restructuring. What’s next for the crypto exchange?
FTX Bankruptcy: Kroll Takes Charge as Claims and Noticing Agent
Kroll steps in as FTX’s claims and noticing agent, managing claims in a complex bankruptcy case involving billions in debt.