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Bankruptcy courts became the primary court-initiated investigation outpaced federal prosecutors.
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Celsius Declares BankruptcyLeader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web news with analysis, video and live price updates. Genesis Global Holdco LLC has settled a lawsuit brought by New York's top law enforcement official alleging the bankrupt crypto lender. The collapse of FTX, caused by a spike in customer withdrawals that exposed an $8 billion hole in FTX's accounts, served as the impetus for its bankruptcy.
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