Celsius Clients With Collateral Stuck On Failed Crypto Platform Turn To Bankruptcy Proceedings For Relief – CNBC – STL.News | Vette Leader

Alan Knitowski has an MBA, has been in technology and finance for over 25 years and is the CEO of a Nasdaq-listed mobile software company. However, that didn’t stop him from being duped by a crypto firm. Knitowski borrowed $375,000 from crypto lender Celsius over several years and pledged $1.5 million in Bitcoin as collateral. … Read more

After the FTX bankruptcy, an experienced bankruptcy trustee searched for all the missing money – EL PAÍS USA | Vette Leader

John Ray III has a bulldog reputation. The 63-year-old American attorney and bankruptcy trustee has spent decades digging through the bones of bankrupt companies to seek justice for his clients. From banks to billionaires, Ray has fought with every type of powerful person and institution to help creditors and investors recover at least some of … Read more

A botched home sale, a bankrupt couple and a legal conundrum of debt incurred through fraud – SCOTUSblog | Vette Leader

CASE PREVIEW By Ronald Mann on December 3, 2022 at 8:42 p.m The court will hear its second bankruptcy case of the week next Tuesday Bartenwerfer against Buckley following the Monday dispute in just under MOAC Mall Holdings LLC v Transform Holdco LLC. The cases could hardly be more different. MOAC Mall Inventory involves awarding … Read more

Judges review appellate courts’ jurisdiction to review bankruptcy decisions – SCOTUSblog | Vette Leader

CASE PREVIEW By Ronald Mann on December 3, 2022 at 8:39 p.m The Supreme Court will turn its attention to bankruptcy next Monday when it hears arguments MOAC Mall Holdings LLC v Transform Holdco LLC. The case concerns an appeals court’s power to review a bankruptcy order authorizing a bankrupt tenant to sell its interest … Read more

US Senate Hearing to Discuss FTX, New York Bans Proof-of-Work, and FTX Valuing Its Assets: Hodler’s Digest, Nov. 20-26 – Cointelegraph | Vette Leader

Come every Saturday Hodler’s Digest will help you keep track of every single important news that happened this week. Best (and worst) rates, launch and regulation highlights, leading coins, predictions and more – a week on Cointelegraph in one link. Top stories of this week BlockFi files for bankruptcy, citing FTX collapse for its troubles … Read more

Crypto Meltdown A Boon for Bankruptcy Attorneys – MENAFN.COM | Vette Leader

(MENAFN-Khaleej Times) The turmoil in the cryptocurrency industry has rocked major exchanges and shattered the value of digital assets, but at least one group will benefit: bankruptcy attorneys. High-profile bankruptcies involving crypto exchange FTX, hedge fund Three Arrows Capital, and crypto lenders BlockFi, Celsius Network, and Voyager Digital Ltd are creating new opportunities — and … Read more

‘I’m deeply sorry, I take responsibility’: Tiny Home Company’s broke director used to be bankrupt – stuff | Vette Leader

In 2019, Charles Innes was released from bankruptcy following the failure of several businesses. By the end of the year he was at the helm of a new company, Podular, which promised architecturally modular living for less. He is now apologizing to people who have poured their life savings into homes that are not being … Read more

Celsius customers with collateral stuck on failed crypto platform turn to bankruptcy case for relief – CNBC | Vette Leader

Alan Knitowski has an MBA, has been in technology and finance for over 25 years and is the CEO of a Nasdaq-listed mobile software company. That didn’t stop him from being duped by a crypto firm. Knitowski borrowed $375,000 from crypto lender Celsius over several years and posted $1.5 million Bitcoin as a pledge. He … Read more

Celsius customers with collateral stuck on failed crypto platform turn to bankruptcy case for relief – CNBC | Vette Leader

Alan Knitowski has an MBA, has been in technology and finance for over 25 years and is the CEO of a Nasdaq-listed mobile software company. That didn’t stop him from being duped by a crypto firm. Knitowski borrowed $375,000 from crypto lender Celsius over several years and posted $1.5 million Bitcoin as a pledge. He … Read more