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14min chapter
Why the Messy 3AC, Celsius, and Voyager Bankruptcies Will Drag on for Years - Ep.377
Unchained
Bankruptcy Unraveled: The Case of Crypto Companies
This chapter explores the financial ramifications following the bankruptcies of crypto firms Celsius and Voyager, with a particular focus on the accumulating professional fees during Chapter 11. It discusses the challenges faced by creditors and customers amidst complex bankruptcy processes, highlighting the slow and costly nature of these proceedings. The chapter also sheds light on various legal intricacies and implications for account holders, revealing the stark contrasts in how both companies navigated their financial crises.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode