U.S. Bankruptcy Court

Crypto custodian Prime Trust LLC, along with some of its affiliates, has officially filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware. This move came after John Guedry was permanently appointed as the receiver for the company. Additionally, a...

Defunct cryptocurrency lending platform BlockFi has filed a motion asking a U.S. bankruptcy court to grant permission for its users to withdraw digital assets that are currently locked up in its wallets. The lender requested permission to recognize client withdrawals from wallet accounts that...

A U.S. bankruptcy court judge on Wednesday declared that certain users of Celsius Network (CRYPTO: CEL) were entitled to get their deposits back. What Happened: U.S. bankruptcy judge Martin Glenn was presiding over the crucial inquiry of who holds the cryptocurrency assets...