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Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons

Bankrupt Celsius Aims to Raise .4 Million From Bitcoin Mining Rig Credits and CouponsDefunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing that the “coupons currently provide no utility to the debtors’ mining business.” Celsius Interim CEO Outlines […]

What is Operation Choke Point 2.0? Trump vows to end it

Nexo Agrees to Pay $45 Million to SEC and State Regulators for Unregistered Offering of Earn Interest Product

Nexo Agrees to Pay  Million to SEC and State Regulators for Unregistered Offering of Earn Interest ProductThe cryptocurrency lender, Nexo, has agreed to pay $45 million to the U.S. Securities and Exchange Commission (SEC) and several state regulators after charges were levied against the firm for failing to register the company’s Earn Interest Product (EIP). Nexo detailed that the settlements are on a “no admit, no deny” basis and that the […]

What is Operation Choke Point 2.0? Trump vows to end it

Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’

Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firm’s vendors accessed a list of Celsius client emails, and the email addresses were “transferred to a third party.” Furthermore, Celsius customers have written to the court begging to […]

What is Operation Choke Point 2.0? Trump vows to end it

US Regulator Probes Bankrupt Crypto Lender Voyager Over Claims of FDIC Insurance

US Regulator Probes Bankrupt Crypto Lender Voyager Over Claims of FDIC InsuranceThe Federal Deposit Insurance Corporation (FDIC) is probing crypto lender Voyager Digital over claims that it is FDIC-insured. The crypto firm previously explained that through its strategic relationships with Metropolitan Commercial Bank, “all customers’ USD held with Voyager is FDIC insured.” Voyager Probed by FDIC The Federal Deposit Insurance Corporation (FDIC) is looking into Voyager […]

What is Operation Choke Point 2.0? Trump vows to end it

Bitcoin’s Price Will Hit $100K by Mid-Year, Nexo Founder Predicts

Bitcoin’s Price Will Hit 0K by Mid-Year, Nexo Founder PredictsThe co-founder and managing partner of Nexo, a major cryptocurrency lender, has predicted that the price of bitcoin will be $100K by mid-2022. He highlighted “two simple reasons” why he is bullish about the price of bitcoin this year. Bitcoin Expected to Reach $100K by Mid-Year Antoni Trenchev, the co-founder and managing partner of Nexo, […]

What is Operation Choke Point 2.0? Trump vows to end it