Bankrupt Crypto Company Celsius to Merge UK and US Units Amid Fraud Allegations
They were accused that the split into 2 "subsidiaries" was a fraud The merger will speed up the return of investors' funds Bankrupt crypto company Celsius agrees to merge its units in the UK and US. It would be their answer to court allegations that the firms sha ...
FTX Recovers $400 Million from Hedge Fund in Bankruptcy Settlement
According to documents obtained by Reuters, the interim management overseeing the bankruptcy proceedings of cryptocurrency exchange FTX has come to a settlement agreement with Modulo Capital, a hedge fund based in the Bahamas. Under the agreement, Modulo will pay $404 million to FTX and relinquis ...