A Committee of Celsius Creditors Objects to Celsius Selling Its Stablecoin Cache

A Committee of Celsius Creditors Object to Celsius Selling Its Stablecoin CacheA committee of unsecured creditors stemming from the Celsius bankruptcy case has filed a motion with the court to stop the now-defunct crypto lender from selling the company’s stablecoin holdings. The written protest by the group of creditors against the sale follows objections from a slew of securities regulators filed on Sept. 29. Creditors Object […]

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Bankruptcy Court Publishes 14,000 Pages of Celsius Customer Usernames and Trade History

The crypto community is upset about a recent discovery stemming from the Celsius bankruptcy case as a court filing has revealed over 14,000 pages of the usernames and trading histories of the company’s customers. While the file does not disclose personal information tied to the user’s finance providers or the customer’s residential address, the crypto […]

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Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May Bid

Bankrupt Crypto Lender Celsius's Asset Sale Is Scheduled, Sources Say FTX CEO May BidAccording to a filing published by the U.S. Bankruptcy Court for the Southern District of New York, the crypto lending firm Celsius has been given a final bid deadline of October 17, 2022. Following the bankruptcy court’s final bid deadline, a sale hearing is scheduled for November 1. A report published last week noted that […]

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State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins

State Securities Regulators Object to Celsius's Court Motion to Sell StablecoinsAs Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29. On the same day, state securities officials from Vermont and Texas filed objections to the crypto lender accessing the company’s stablecoin cache. 15 days prior […]

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17,000 Quadrigacx Users Seek $307M from the Failed Canadian Crypto Exchange

About 17,000 people have filed claims for refunds from the collapsed Canadian digital asset exchange Quadrigacx. Altogether, the claims, denominated in both cryptocurrency and fiat, amount to nearly $307 million. According to a document released Tuesday by Ernst & Young, the court-appointed monitor, the bulk of the claims submitted stem from bitcoin (BTC) deposits that […]

The post 17,000 Quadrigacx Users Seek $307M from the Failed Canadian Crypto Exchange appeared first on Bitcoin News.

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Wizsec Security Blames Coinlab After Mt. Gox Trustee Delays Proceedings

Wizsec Security Blames Coinlab After Mt. Gox Trustee Delays ProceedingsOn April 25, the Mt. Gox civil rehabilitation trustee Nobuaki Kobayashi published a new announcement concerning the deadline for the rehabilitation plan. According to the letter sent to Mt. Gox creditors, Kobayashi has delayed the proceedings for another six months due to “undetermined” claims. Following the announcement, bitcoin security specialists Wizsec published a scathing critique […]

The post Wizsec Security Blames Coinlab After Mt. Gox Trustee Delays Proceedings appeared first on Bitcoin News.

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