Week In Bankruptcy

Celsius Network Gets OK To Auction, GWG To Raise Money

By Rick Archer ( October 28, 2022, 8:55 PM EDT) -- Crypto lender Celsius Network got the go-ahead to auction off its assets, bond seller GWG Holdings got permission to raise $630 million to pay back its bankruptcy loans and Axos Bank was hit with an $18.3 million verdict for pilfering MUFG Union Bank's Chapter 7 trustee deposit business. This is the week in bankruptcy....

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