TSM esports org issues statement on sponsor FTX’s bankruptcy
Team SoloMid has carried the FTX name as a sponsor since around June 2021 and has issued a statement in light of the latter's bankruptcy.
FTX crypto exchange files for chapter 11 bankruptcy protection
Sam Bankman-Fried also stepped down as FTX CEO as John J. Ray III takes over during the bankruptcy process.
Musk reportedly told Twitter staff that bankruptcy isn’t out of the question at all-hands meeting
During an emergency all-hands meeting with Twitter employees, Elon Musk reportedly shared that the threat of bankruptcy is looming.
Celsius CEO steps down as crypto lender bankruptcy proceedings continue
Alex Mashinsky has decided to step down from his role as CEO at Celsius, while finance chief Chris Ferraro has been tapped to serve as interim CEO.
Celsius leadership’s bankruptcy plans include potentially turning its debt into a new cryptocurrency
Many crypto firms have gone belly up in 2022, but none are as dumb as Celsius. The company now wants to issue IOU tokens to customers who they owe money…