Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $3,734,131,330,029.44
  • 24h Vol: $297,394,767,432.84
  • BTC Dominance: 51.95%

cryptocurrency lender

bankrupt-celsius-aims-to-raise-$14.4-million-from-bitcoin-mining-rig-credits-and-coupons

Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons

Leave a Comment / $14 million, $14.4 million, $7.4 million, 10-30% discount, 100% face value cash redemption, 2023 terms of service, 7 million, 85-88% face value, bankruptcy court filing, Bitcoin, bitcoin prices, Bitmain, Bitmain coupons, Bitmain credits, Bitmain Miners, cache, Celsius, Christopher Ferraro, coupons, Court Filing, Credits, Crypto Hacked, Cryptocurrency, cryptocurrency lender, debtors, depreciation, discussions, energy prices, Ethereum, expiration date, future purchases, golden opportunity, holder, immediate liquidity, interim CEO, mining business, mining rig manufacturer, News, Secondary Market, six potential buyers, third-party approach, transferable, utility / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing that the “coupons currently provide no utility to the debtors’ mining business.” Celsius Interim CEO Outlines […]

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nexo-agrees-to-pay-$45-million-to-sec-and-state-regulators-for-unregistered-offering-of-earn-interest-product

Nexo Agrees to Pay $45 Million to SEC and State Regulators for Unregistered Offering of Earn Interest Product

Leave a Comment / Antoni Trenchev, Bitcoin, Bulgaria’s attorney general, Bulgarian law enforcement, Compliance, crypto assets, crypto companies, Crypto Hacked, Cryptocurrency, cryptocurrency lender, Earn Interest Product, EIP, Ethereum, Gary Gensler, interest-earning product, investor protection, Kosta Kantchev, legal team, News, Nexo, Nexo SEC, NYAG, Office of the New York Attorney General, public disclosure, Regulatory Compliance, regulatory landscape, Schulte Roth and Zabel LLP, SEC, Settlement, state regulators, unified resolution, unregistered offering / / / , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The cryptocurrency lender, Nexo, has agreed to pay $45 million to the U.S. Securities and Exchange Commission (SEC) and several state regulators after charges were levied against the firm for failing to register the company’s Earn Interest Product (EIP). Nexo detailed that the settlements are on a “no admit, no deny” basis and that the

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