The Toronto-based Bitcoin mining company has reduced its debt by nearly 85% since June 2022.
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Bankrupt Celsius Network Request to Extend the Deadline for Submitting its Chapter 11 Plan Met with Opposition
Celsius Network, a cryptocurrency lending service provider, recently requested an extension of its deadline for financial restructuring under Chapter 11 bankruptcy. The company faced severe
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FTX debtors can issue subpoenas to company ‘insiders’, says court
The list of FTX insiders included former CEO Sam Bankman-Fried, former Alameda Research CEO Caroline Ellison, FTX co-founder Gary Wang, and members of SBF’s immediate
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Coin Cloud crypto ATM operator files for bankruptcy, owes over $100M to Genesis
The company was in “hyper-growth” in January 2022, now it has over 5,000 creditors and debts over $100 million; bankrupt Genesis is its largest creditor.
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3AC founder has ‘chosen to ignore his duties’ by not responding to subpoena, say bankruptcy lawyers
According to the filing, Kyle Davies was “without question” aware of the subpoena posted to Twitter, citing the 3AC founder’s online activity and attempts to
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FTX Bankruptcy: Judge Delays Decision on Appointing Independent Examiner Amid Cost Concerns
Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey acknowledged that
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