Assets will be sold off weekly, with special handling for BTC, ETH and “insider-affiliated tokens.”
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Gemini Earn users could recover all funds in new DCG remuneration scheme
DCG suggests a new deal in Genesis bankruptcy, offering unsecured creditors 70%–90% baseline recovery; if approved, it would involve the renegotiation of a $630-million loan
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Bitcoin derivatives data suggests BTC price holds the current range
BTC investor sentiment turns increasingly bullish after this week’s quick rebound from a sharp price correction.
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Former Celsius CEO Mashinsky seeks dismissal of FTC case
The former Celsius CEO is currently out on bail facing multiple charges of criminal fraud and market manipulation from various U.S. regulatory agencies.
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FTX Estate Controls $1.1B in Solana and $560M in Bitcoin Amid Bankruptcy Revelations
The FTX estate, currently overseeing the bankruptcy and restructuring of the once-active crypto exchange, reveals holdings of $1.16 billion in solana (SOL) and $560 million
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FTX has $222M in Bahamas real estate, 1,300 tokens — Shareholder presentation
Ten percent of shareholder claims have been settled so far. They will be able to assess the company’s condition at a Sept. 11–12 meeting.
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