As customers search for answers, the examiner is expected to address transparency concerns surrounding Celsius’ bankruptcy proceedings
In its latest Chapter 11 filing, Celsius reported it expects its net cash flow to reach negative $137.2 million by the end of October
Judge Wiles, overseeing Voyager’s bankruptcy proceedings, said the firm had provided a “sufficient basis” in its bid to make customers whole.
Debtors of crypto lender Voyager may still pursue their claims against now-defunct Three Arrows Capital for additional recoveries
Kirkland & Ellis is looking to position itself as a leader in crypto restructuring
The cryptocurrency lender is left with a $40 million claim against Three Arrows Capital, CEO Alex Mashinsky said in a declaration
Celsius has initiated a financial restructuring to “stabilize” its business and has filed for reorganization under Chapter 11 of the US Bankruptcy Code