Tag: WindUp

Prospero Markets wind-up order granted as broker owes clients $19M

Prospero Markets wind-up order granted as broker owes clients $19M

The Federal Court of Australia has granted a request made by financial regulator ASIC to issue a formal wind-up order for (formerly) ASIC [...]
Ripple (XRP) Court Ruling Unlikely to Impact Celsius Wind-Up, Crypto Lender’s Counsel Says

Ripple (XRP) Court Ruling Unlikely to Impact Celsius Wind-Up, Crypto Lender’s Counsel Says

The XRP ruling could impact creditor repayments for holdings of Celsius’ token CEL, given U.S. bankruptcy rules which apply a mandatory downgrade to c [...]
Celsius’ Proposed Extension for Wind-Up Opposed by Creditors, US Government

Celsius’ Proposed Extension for Wind-Up Opposed by Creditors, US Government

Plans to transform the bankrupt crypto lender into a “recovery corporation” are not a done deal, and the estate could still be liquidated, legal filin [...]
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