The Fall of Coin Cloud: Bitcoin ATM Giant Files for Bankruptcy with $100M-$500M in Liabilities
Coin Cloud, the Las Vegas-based company operating more than 4,000 Bitcoin ATMs across the United States and Brazil, has filed for bankruptcy protection, with estimated...
FTX Files for Ch. 11 Bankruptcy / SBF Resigns As CEO
The sad failure of one of the top cryptocurrency trading platforms around the globe has reached a boiling point today. As a result of FTX...
Celsius Bankruptcy Case Trustee Rejects a $3M Employee Bonus Proposal
The Celsius Trustee has opposed the renewal incentive, alleging a lack of adequate facts in the proposal to justify such a large compensation and a...
Celsius Users Express Apprehensions over the Personal Information Disclosed in Bankruptcy Event
Celsius, a crypto-lending venue, submitted a bankruptcy filing on the 13th of July this year. Though the case of the crypto lender takes into account...
Is Celsius Trying to Dox Its Consumers?
Celsius has been beleaguered by its bankruptcy proceedings and its executives’ imprudent behaviour has been exposed along with the inability thereof to recompense to the...
Does Ripple Really Want to Save Celsius?
Ripple Labs, the firm backing up the crypto asset XRP, intends to purchase the assets on the Celsius network. As per a report from Reuters,...
2 More Crypto Exchanges Down Within 24 hours
Popular crypto exchange Hotbit has announced to suspend all operations including withdrawals till further notice. The notice was issued on its official websites where it...
Celsius Submits Filing for Protection from Bankruptcy
Celsius – a crypto firm – has started the procedure of filing for bankruptcy protection’s chapter 11 following a one-month-long turmoil. In a statement on...