Clients of crypto lender Celsius face a long wait for their funds

Clients of crypto lender Celsius face a long and anxious wait to find out how, when and even if they will get their money back after the company filed for bankruptcy, becoming one of the biggest victims of the crypto markets crash this year. Citing extreme market conditions, Celsius froze withdrawals in June in a … Read more

A crypto bankruptcy could be a nightmare for investors

The latest cryptocurrency market swoon is giving investors a painful lesson in the risks of trading digital tokens through brokers. In a bankruptcy restructuring, crypto investors would be navigating uncharted territory. “The safe thing to predict is that there will be litigation and delays,” said Adam Levitin, a law professor at Georgetown University who studies … Read more