Genesis is starting a 30-day meditation with its key creditors as its bankruptcy proceedings are close to hitting the four-month mark.
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Fed, NYDFS assess their supervisory performance after March’s big bank failures
Internal reviews of the supervision of Silicon Valley Bank and Signature Bank have been released, showing weaknesses on the part of the banks’ regulators as
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Binance US Pulls the Plug: Voyager Purchase Deal Falls Through
According to the now-defunct crypto lender Voyager, Binance US sent a letter to the company “terminating the asset purchase agreement.” While the announcement was “disappointing”
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Binance.US backs out of $1B Voyager asset purchase, blames regulatory environment
The parties got the go-ahead on the deal last week, after overcoming several objections. Binance.US did not say what compelled it to change its mind
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Genesis settlement disrupted by new creditor demands, DCG says
Under the initial settlement plan, Genesis creditors were expected to receive 80% recovery of funds lost due to the bankruptcy.
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Celsius auction has Gemini and Coinbase as new bidders: Report
Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York.
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