Tag: CryptoLending

Fallen crypto lending firm BlockFi announced on Tuesday that it has “emerged” from bankruptcy, making its bankruptcy recovery plan effective as of October 24. Emergence is when a firm that…

: Former Celsius CEO Alex Mashinsky will face trial in September 2024 on criminal fraud charges related to the crypto lending platform’s billion-dollar collapse. A federal judge in New York…

Celsius Network, the insolvent crypto lending company, is seeking court approval to begin making payments to its customers by the end of the year. The proposed reorganization plan includes NewCo,…

Bankrupt crypto lending firm BlockFi has been approved by the bankruptcy court to start repaying customers according to a new plan. This plan involves compiling a list of creditors, including…

Roni Cohen-Pavon, 36, a former executive at Alex Mashinsky’s bankrupt crypto lending platform Celsius Network, has pleaded guilty to four criminal charges, per court documents shared by Inner City Press.…

Digital Currency Group (DCG) has reached an in-principle agreement with Genesis Global’s creditors to resolve the claims that emerged during the crypto lender’s bankruptcy. This agreement could potentially lead to…

After the events leading to Terra’s collapse in May, several enterprises have faced notable consequences stemming from its closure. During 2022, bankruptcy declarations were flying from cryptocurrency lending platforms like…

. The U.S. Securities and Exchange Commission (SEC) is suing bankrupt crypto lender Celsius Network and its former CEO Alex Mashinsky for four counts of fraud and one count of…

The Commodity Futures Trading Commission (CFTC) has concluded that the bankrupt crypto lender Celsius and its former CEO Alex Mashinsky broke U.S. rules before the company’s collapse last year. The…

Bitget is launching a cryptocurrency lending program that will let users stake their coins in exchange for loans in another. The derivatives trading platform is targeting borrowers who are dissatisfied…