A New York bankruptcy court has given Celsius the go-ahead to pursue the bulk of its $4 billion lawsuit against stablecoin issuer …
Bankruptcy
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Finance
Former Celsius CEO Alex Mashinsky Forfeits All Claims to Bankruptcy Proceeds
by shayaanby shayaanFormer Celsius CEO Alex Mashinsky has agreed to forfeit all claims to the bankrupt crypto lender’s assets, clearing the way for additional …
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Regulation
Alex Mashinsky Barred From Receiving Any Assets From Celsius Bankruptcy Claims
by shayaanby shayaanCelsius founder Alex Mashinsky will not receive any assets from the collapsed crypto lending platform’s bankruptcy claims. Newly filed court documents indicate …
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Regulation
Goldman Sachs Taking Action Against Unaffiliated Bankruptcy Specialist Who Opened Separate Company in Bank’s Name: Report
by shayaanby shayaanFinancial giant Goldman Sachs is reportedly taking legal action against an unaffiliated bankruptcy specialist who has been running a side company called …
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Markets
FTX to Begin $11.4B Creditor Payouts in May After Years-Long Bankruptcy Battle
by shayaanby shayaanFTX, the collapsed cryptocurrency exchange once helmed by Sam Bankman-Fried, plans to begin paying its main creditors at the end of May, …
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JUSTIN, Texas, Jan. 17, 2025 (GLOBE NEWSWIRE) — Canoo Inc. (Nasdaq: GOEV), (the “Company”), a high-tech advanced mobility and energy company, today …
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Regulation
Alex Mashinsky to plead guilty to fraud linked to Celsius bankruptcy
by shayaanby shayaanAlex Mashinsky, the founder and former CEO of Celsius Network, plans to plead guilty to two counts of fraud, his defense attorney …
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The California Department of Financial Protection and Innovation (DFPI) has now permanently revoked the license of bankrupt crypto lender BlockFi, two years …