bankrupt

Nikola Corporation (NASDAQ:NKLA) shares are trading lower in the premarket session on Wednesday, after it filed for Chapter 11 bankruptcy, seeking to auction its assets while continuing limited operations through March 2025. Nikola announced today that it and certain subsidiaries have filed...

Crypto lender Celsius (CRYPTO: CEL) saw its CEL token trade 27% higher, taking its seven-day trading gain to 39%, on the heels of a dramatic bankruptcy case. What Happened: Market cap and trading volume in the past 24 hours increased 27% and 20%, respectively. The momentum came as Chief Judge...

Collapsed FTX exchange and its debtors appealed to the U.S. bankruptcy court of Delaware for approval of the sale of some trust assets which are funds of Grayscale and Bitwise valued at around $744 million. What Happened: A court filing on Friday has proposed the sale or transfer of trust...

Bankrupt cryptocurrency lending company, Celsius’ (CRYPTO: CEL) successor company is likely to appoint former Algorand (CRYPTO: ALGO) CEO Steve Kokinos who stepped down from his role in July 2022. He is also a co-owner of Fahrenheit which won the Celsius auction in May 2023 wherein it...

With a significant downturn in the crypto market and extreme market conditions, Celsius Network suspended withdrawals from its platforms last week. In addition, it paused all swaps and transfers between the platform’s accounts.  The company has been in a terrible phase with...

2017 is only one quarter old, but nine retailers have already filed for Chapter 11 bankruptcy protection. Throughout all of 2016, a total of nine retailers went bankrupt. CNBC, citing data it exclusively obtained from AlixPartners, noted the pace of retailer bankruptcies puts the sector on pace to...

Imagine for a moment that your parent, the person who took care of you throughout your childhood and possibly into early adulthood, is now in need of your help – and not in the way you ever anticipated. She’s not reached the point where she needs to consider assisted living, nor is she...