The year 2022 proved to be a difficult one for people who invested through decentralized finance (DeFi) lending platforms like Celsius, Voyager, and BlockFi — each of which saw its business crumble and devolve into seeking bankruptcy court protection from creditors. The collapse of these companies, though, was not merely the result of a downturn in worldwide cryptocurrency markets (as the companies would like people to believe). Investigation into each company’s collapse shows causes attributable to financial malfeasance, corporate self-dealing, gross mismanagement, and using customer funds for improper purposes. Investors who held assets at those companies have not only had their faith betrayed; they have lost fortunes large and small.
The following links are provided to allow you to track the latest filings in each of these bankruptcy cases:
Redmins (www.redminslaw.com) — the leading cryptocurrency investor law firm in the country, with vast experience litigating against cryptocurrency exchanges like Kraken, Cryptsy, and Poloniex; — is closely following the Celsius, Voyager, BlockFi, and other bankruptcy proceedings and represents client interests in each. If you are an investor in either Celsius, Voyager, or BlockFi and have questions about the proceedings or wish your interests to receive special attention, we urge you to contact Redmins at 954-516-6000 or DSilver@redminslaw.com. Please fill out the Confidential Free Consultation form on this page for a no-cost, no-obligation consultation to discuss your legal rights.
