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#Chapter 11 bankruptcy

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Celsius Founder Alex Mashinsky Faces Lifetime Crypto Ban and Up to $35 Million in New York AG Settlement
Coins•

Celsius Founder Alex Mashinsky Faces Lifetime Crypto Ban and Up to $35 Million in New York AG Settlement

Key Highlights New York Attorney General Letitia James secured a settlement worth up to $35 million against former Celsius CEO Alex Mashinsky. Mashinsky faces a lifetime ban from operating in the securities, commodities, and cryptocurrency sectors in New York. The former executive is currently serving a 12-year federal prison sentence following guilty pleas for commodities ...

LIV Golf Secures Potential $300 Million Investment to Emerge from Restructuring
Sports•

LIV Golf Secures Potential $300 Million Investment to Emerge from Restructuring

Key Highlights: A credit firm providing middle-market financing has agreed to fund the next phase of LIV Golf, facilitating a transition toward player equity ownership in the league and its teams. LIV Golf’s Chapter 11 bankruptcy filing reveals that 14 current and former players hold over $45 million in unsecured claims, with Jon Rahm topping ...