Best Stocks
Bed Bath & Beyond Shares Fall 19% Amid Reports of Possible Bankruptcy
BBBY is down over 19% after the retailer hinted at a potential bankruptcy amid mounting pressure.
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Bankruptcy
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Bankruptcy
Market Analysis
Firm That Held SBF’s 56M HOOD Shares Files For Bankruptcy
Emergent Fidelity Technologies, a firm best known for holding SBF’s 56 million Robinhood shares, filed for bankruptcy this Friday.
Best Stocks
AMC Up 1.1% as Firm Abandons Cineworld Acquisition
AMC Entertainment said it could not reach an agreement with Cineworld to acquire some of the bankrupt cinema chain rival's assets.
Best Stocks
Core Scientific Shares Drop 26% as Crypto Miner Files for Bankruptcy
Bitcoin mining firm Core Scientific filed for Chapter 11 bankruptcy protection today, dealing another blow to the troubled industry.
Latest
BlockFi Announces Bankruptcy As FTX Contagion Spreads
BlockFi just announced it is filing for bankruptcy as the contagion of FTX's collapse is rapidly spreading.
Market Analysis
Genesis Global Capital Hires Restructuring Advisors, Bankruptcy Not Ruled Out
Genesis Global Capital has reportedly hired restructuring advisors.
Market Analysis
Court Accepts Celsius December Auction Date, Rejects Shareholder Committee
The auction will likely take place in December 2022 with a Consumer Privacy Ombudsman guaranteeing the security of customers’ data. WestCap and CDPQ will not have…
Latest
Report: Just Weeks Before Bankruptcy, Celsius Founder Withdrew $10 Million
Alex Mashinsky pulled out $10 million from Celsius just weeks prior to the company's decision to freeze customer funds.
Market Analysis
Voyager CFO Ashwin Prithipaul Resigns From the Bankrupt Company
According to a press release from Friday, the CFO of Voyager is leaving the company after a transition period.
Market Analysis
Leaked Audio from Celsius Meeting Reveals Plan to Pivot into Custody Business
Celsius aims to reorganize its business as a crypto custody firm that would charge users for certain transactions.
Market Analysis
Celsius Seeks to Return $50M to Certain Customers
The bankrupt crypto lender explained that some of the frozen assets aren’t the company’s property and that their owners should be allowed to withdraw them.
Market Analysis
Canada’s $303B Pension Fund Writes Off the Entire Celsius Investment
Canada’s second-largest pension fund manager made the daring decision to invest in Celsius—and lost $150 million when the crypto lender went bankrupt.
Crypto
Reckless Trades by Celsius’ CEO Revealed Before Court Hearing
Celsius Network lost millions of dollars after the crypto lender's boss Alex Mashinsky took the control of its trading strategy earlier this year, overruling his team…