Crypto Lender Celsius to Proceed with Chapter 11 Restructuring Plan
In a bid to restructure and move forward with its operations, Celsius Network has announced that it will proceed with its Chapter 11 plan. The plan is designed to provide…
Babel Finance explores new restructuring opportunities with DeFi project
Babel Finance, one of many cryptocurrency lending firms that suffered losses during the cryptocurrency winter of 2022, is exploring new restructuring opportunities to pay back its creditors. The Hong Kong-based…
Vauld Suspends Withdrawals, Exploring Restructuring amid Market Downturn
Vauld, a crypto lending and exchange firm headquartered in Singapore, announced on Monday that it has suspended withdrawals, trading, and deposits on its platform, citing the current “financial challenges”. Vauld…
Babel Finance Hires Restructuring Specialist Houlihan Lokey: Sources
Babel Finance, a Hong Kong Bitcoin financial services company offering lending and asset management services, has hired U.S. investment banking firm Houlihan Lokey, a specialist with wide experience in restructuring and acquisitions…