Court confirms Celsius bankruptcy exit plan, $2B in crypto to go to creditors
The decision ends the complex case with a creditor-approved plan that will see their partial reimbursement and make them shareholders in a new company. Go to Source
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Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0
“The return comes from hashrate, not from pixie dust, ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed. Go to Source
Hashing It Out: Diving into cross-chain DeFi lending
MultiChainZ chief operating officer Aanchal Thakur believes that cross-chain lending platforms will open users up to more liquidity. Go to Source
CFTC announces lawsuit against Voyager Digital and former CEO
The legal action followed reports staff at the commission had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations. Go to Source
September sets 2023 exploit record, and DAOs can democratize science: Finance Redefined
September was the biggest exploit month in DeFi, with over $300 million in losses, taking the crown from August. Go to Source
Bitcoin lender Ledn to roll out ETH, USDT interest accounts
Spurred on by user requests, traditional Bitcoin lending firm Ledn is rolling out an Ethereum yield product. Go to Source
OPNX’s $30M Hodlnaut bid rejected as FLEX token plummets 90%: Report
The interim judicial managers of Hodlnaut argued that the $30 million offer of FLEX tokens is “illiquid” and has “speculative value.” Go to Source
Genesis announces winding down of crypto trading services
In January, Genesis Global Capital announced it would eliminate its crypto spot trading services “voluntarily and for business reasons” without additional details. Go to Source
South Korean Bitcoin lender Delio plans to sue regulators: Report
South Korean financial regulators accused Delio of fraud and embezzlement and seized its assets in July earlier this year. Go to Source
Former Celsius CEO Mashinsky seeks dismissal of FTC case
Former Celsius CEO is currently out on bail facing multiple charges of criminal fraud and market manipulation from various U.S regulatory agencies. Go to Source
