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Tag: insolvent

SBF Trial, Day 12: Former FTX Lawyer Says SBF Asked for Legal Justifications

Posted October 20, 2023 at 1:50 am EST. NEW YORK – Directly and dispassionately, the former general counsel for failed crypto exchange FTX,...

Former BlockFi CEO Highlights How FTX Took Alameda Lenders Down With It

Posted October 13, 2023 at 7:11 pm EST. NEW YORK – The second week of Sam Bankman-Fried’s criminal trial came to a close...

BlockFi CEO Zac Prince testifies to lending relationship with Alameda Research before its collapse

Zac Prince, the CEO of BlockFi, continued to provide testimony in the criminal trial of former FTX CEO Sam Bankman-Fried on Oct. 13.In...

Ex BlockFi CEO Discusses Loans to Alameda in SBF Trial

Zac Prince – former CEO of collapsed crypto lending firm BlockFi – took the stand during Sam Bankman-Fried’s trial in New York City...

FCA Closes IBP Markets Limited

The Financial Conduct Authority (FCA) imposed restrictions on IBP Markets Limited, a wholesale broker, on September 15, 2023. This move is due to concerns by the...

RWA Protocol Goldfinch Writes Down $7M of $20M Stratos Loan to $0

Goldfinch is backstopping all the losse.Real-world asset loan protocol Goldfinch is writing down part of a $20M loan issued to a U.S.-based credit fund...

What is a Cryptocurrency Clawback Provision? – CoinCentral

Cryptocurrency holders with assets in bankrupt cryptocurrency interest account providers like Celsius Network were introduced to a new scary term– clawback provisions. A cryptocurrency clawback...

Former BitMEX CEO Predicts Bitcoin Price to Hit $750K-$1M by 2026

Arthur Hayes, the former CEO of BitMEX, recently appeared on the Impact Theory podcast, which Tom Bilyeu hosts, to discuss his outlook on Bitcoin’s...

Best Cryptocurrency Interest Accounts 2023

2022 was not a great year for cryptocurrency interest accounts; the industry’s largest and most trusted crypto interest account providers (notably, BlockFi and Celsius...

Three Arrows Capital Co-Founder Su Zhu Arrested in Singapore

Teneo, the bankrupt crypto hedge fund’s liquidator, had attained a committal order sentencing Zhu and his co-founder, Kyle Davies, to four-month sentences earlier...

FTX sues founder Bankman-Fried’s parents

FTX has sued the parents of Sam Bankman-Fried. The bankruptcy estate of the collapsed crypto exchange says...

What happened in crypto this weekend?

Ethereum's Holesky testnet fails launchEthereum developers have been forced to regroup after failing to launch a new test network, Holesky, on Sept. 16. The...

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