Cryptocoins News / Blockchain - 1 year ago
The embattled cryptocurrency hedge fund, Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in the U.S. as it looks to preserve its assets in the State. (Read More)
Cryptocoins News / NewsBTC - 1 year ago
Crypto hedge fund 3 Arrows Capital is slated to be another pillar piece of 2022’s bear market headlines, joining the likes of brutal bear market moments that include Terra Luna’s downfall and CeFi’s drama.
While rumors have swirled...
Bitcoin News / Bitcoin.com - 1 year ago
The troubled crypto hedge fund Three Arrows Capital Ltd., otherwise known as 3AC, has filed for bankruptcy according to recent court filings. The court papers show 3AC is aiming for an ancillary Chapter 15 proceeding so liquidators and creditors cann...
Bitcoin News / Bitcoin.com - 1 year ago
The embattled crypto lending platform Celsius has kept withdrawals and transfers frozen since June 12 and told the Celsius Network community that the “process will take time.” Since then, Celsius users are wondering why they are...
Cryptocoins News / The Cointelegraph - 1 year ago
Restructuring, bankruptcy and buyouts... media outlets are swarming with different reports on the next steps Celsius may take. Crypto lending platform Celsius Network...
by COINS NEWS - 1 year ago
Many more crypto exchanges, could declare bankruptcy in the coming weeks given the likelihood of prolonged volatility in the crypto market. Generally speaking (and depending on where you live) in the event of bankruptcy those that are owed monies are...
More / Bitcoin Reddit - 1 year ago
Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcutsFound the internet! I heard that if Coinbase goes bankrupt, people may lose their funds on the exchange. Is that...
Cryptocoins News / The Cointelegraph - 1 year ago
Following the Coinbase report where the company declared its losses, a disclosure that suggests that users are not protected in the case of bankruptcy has been gaining traction on social media. However, Coinbase CEO Brian Armstrong explained that fun...
Bitcoin News / Bitcoinist - 1 year ago
The chief executive of Coinbase, Brian Armstrong, has eased out concerns regarding bankruptcy in one of his tweets. He further allayed the fears of Coinbase users by stating that the company’s latest quarterly filing was performed keeping in mi...
by COINS NEWS - 1 year ago
COIN included new language in their latest 10-Q warning crypto investors what might happen to their coins should the company file for bankruptcy. “Moreover, because custodially held crypto assets may be considered to be the property of a bankruptcy e...
More / Bitcoin Reddit - 2 years ago
What’s stopping me from liquidating all my assets, maxing my credit cards and taking massive personal loans all to purchase Bitcoin. Loading it on a ledger and “losing it”. All to declare ch. 7 bankruptcy and have all my debts liquidated just at the...