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Tag: creditors

FTX to Auction Off Remaining Solana (SOL) Tokens: Report

Bankrupt cryptocurrency exchange FTX is looking to offload its remaining Solana native tokens, SOL, via an auction this week. According to a Bloomberg report, people...

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FTX creditors invited to bid on Solana tokens in new auction format

FTX creditors have been urged to participate in the defunct exchange’s bankruptcy estate’s planned auction of its remaining Solana token holdings.On April 20, Figure...

Master Bank Reconciliation Journal Entries | Guide & Tips

Introduction to Bank Reconciliation Journal EntriesBank reconciliation is an important process in accounting that ensures the accuracy and integrity of a company's financial records....

Bank Reconciliation Statement: Definition, Purpose & Process

What is a Bank Reconciliation StatementBank reconciliation is the process that ensures that a company's recorded cash balances align with the funds in their...

The Crypto Roundup: 08 April 2024 | CryptoCompare.com

The administrators of bankrupt cryptocurrency exchange FTX have sold a significant portion of its Solana holdings at a steep discount in a sale that...

Sullivan and Cromwell’s Sale of Solana (SOL) at a Massive Discount Raises Concerns among FTX Creditors

The recent sale of 2/3 of $2.6 billion worth of Solana tokens by law firm Sullivan and Cromwell at a significant discount has sparked...

Genesis Sells GBTC Shares, Acquires 32,041 Bitcoins to Repay Creditors

Industry News The defunct crypto lending firm used the funds to purchase 32,041 Bitcoins. Genesis settled with the SEC for $21 million recently for its Gemini...

Guide to Virtual Bookkeeping and Automation

Gone are the days of tedious manual data entry and stacks of paper ledgers. Businesses are now embracing the virtual to streamline their financial...

Sam Bankman-Fried ‘Haunted’ by FTX Mistakes After 25-Year Prison Sentence: Report – Decrypt

After getting slammed for showing no remorse for his role in the catastrophic collapse of crypto currency exchange FTX, disgraced co-founder and former CEO...

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