bankruptcy proceedings – CoinCap

Celsius distributes $2.5B to 251,000 creditors amid bankruptcy proceedings

August 27, 20243 weeks ago CoinCap 0 Comments Alex Mashinsky, bankruptcy proceedings, Bitcoin, Cardano, CEL, CEL token, Celsius, Celsius bankruptcy, Celsius creditors, Chainlink, Crypto, Cryptocurrency, DeFi, Lend, Mt. Gox, Tezos, Tron, VEChain

Over 121,000 Celsius creditors have yet to claim their funds, according to the Celsius bankruptcy administrator.

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US Trustee challenges FTX reorganization plan, citing legal concerns

August 25, 20243 weeks ago CoinCap 0 Comments bankruptcy proceedings, Bitcoin, Cardano, Chainlink, creditor concerns, Crypto, crypto exchange, Cryptocurrency, DeFi, FTX bankruptcy, FTX Creditors, legal exemptions, Lend, Reorganization Plan, Tezos, Tron, U.S. Trustee objections, VEChain

The objections raised by the US Trustee and the creditor group are likely to play a significant role in the court’s deliberations.

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