Aspiration Partners Inc., a climate startup backed by celebrities including Leonardo DiCaprio and Cindy Crawford, has filed for bankruptcy. The company, which arranged carbon credits for major corporations such as Meta Platforms Inc. and Microsoft Corp., owes $170 million to creditors, including $30 million to Steve Ballmer's L.A. Clippers. The filing comes after allegations of fraud against a co-founder, who is accused of defrauding investors of $145 million. Additionally, the startup has reported a cumulative net operating loss of $580 million for tax purposes. In a related development, CaaStle, a clothing inventory monetization platform that has raised over $530 million, is also facing financial difficulties and has seen its CEO resign amid claims of financial misconduct.