Cryptocurrency lender Celsius applied for Chapter 11 bankruptcy. A release by the company says that the filing is voluntary and aims to steady the business through restructuring and generate maximal value for all stakeholders. Moments ago, @CelsiusNetwork filed voluntary petitions for Chapter 11...
Crypto investment company Three Arrows Capital filed for Chapter 15 Bankruptcy. The legal filing enables a foreign debtor to file for bankruptcy in the US court system. Businesses or people having assets in more than one country use Chapter 15 for insolvencies. A few days earlier, a court in the...
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