41 Articles 0 Followers
3 Oct 2022 3 minute read 0 comments kev_nag
DOJ Objects to Celsius’ Withdrawal Plan Resuming withdrawals is a top priority for Celsius, but the company may have to wait since the U.S. Trustee Program (which regulates the management of bankruptcy proceedings) has concerns. Celsius sought app...
1 Oct 2022 3 minute read 3 comments kev_nag
“Celsius Networks, a crypto lending company that had frozen withdrawals in June and has been proceeding through Chapter 11 bankruptcy since July, asked the United States Bankruptcy Court for the Southern District of New York for permission to sell i...
29 Sep 2022 1 minute read 6 comments Bfab
According to Mike Dalton (CryptoBriefing), eight U.S. state regulators issued cease and desist orders or similar charges against the crypto lender NEXO: The allegations concern Nexo’s Earn Interest Product, an interest-bearing account that promises...
23 Sep 2022 2 minute read 2 comments kev_nag
“Bitcoin (BTC) mining hosting firm Compute North has filed for chapter 11 bankruptcy amid growing pressure on the firm due to the effects of crypto winter and rising energy costs. The firm’s CEO Dave Perrill has also stepped down but will remain on t...
16 Sep 2022 2 minute read 0 comments kev_nag
“Celsius Networks, a crypto lending company that had frozen withdrawals in June and has been proceeding through Chapter 11 bankruptcy since July, asked the United States Bankruptcy Court for the Southern District of New York for permission to sell it...
1 Sep 2022 3 minute read 0 comments kev_nag
“Mt. Gox trustee Nobuaki Kobayashi released updated information on Wednesday regarding the rehabilitation plan for creditors of the long-defunct crypto exchange. According to the file, the restriction reference period starts on September 15. During t...
31 Aug 2022 3 minute read 0 comments SweptOverNiagara
Just two days ago, I published a post titled 'Heads of Tails: Another Rate Hike in September?' where I suggested that after everything businesses have been put through in the last two and a half years, rising interest rates along with rising energy b...
30 Aug 2022 5 minute read 2 comments bitcoin_albert
Last week I was checking all the balances of my wallets and exchanges as usual. I also have an account on Hotbit where I keep around 2–300 USDT to buy some s**tcoins, wait for the pump and sell at the right time to make some money. I wanted to withdr...
17 Aug 2022 2 minute read 2 comments kev_nag
“Not even 24 hours after revealing a three-month cash flow forecast that threatens total exhaustion of funds, a New York judge allowed crypto lender Celsius Network to mine and sell Bitcoin (BTC) during its bankruptcy” [Sarkar, A. For greater good: N...
28 Jul 2022 2 minute read 1 comment kev_nag
On July 20, 2022, Zipmex paused withdrawals on it’s platform: Photo Source Now, fast forward to yesterday, July 27, 2022, “Thai cryptocurrency exchange Zipmex said that its solicitors in Singapore, Morgan Lewis Stamford LLC, filed five applications u...
