Rising interest rates, which brought down the U.S. banking system’s market value of assets by $2 trillion, combined with a large share of uninsured deposits
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FTX debtors report $11.6B in claims, $4.8B in assets, with many crypto holdings ‘undetermined’
The presentation reported $25 million in donations — political and otherwise — from three of the FTX silos, but added “limited information” was available on
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Banking crisis: What does it mean for crypto?
Cointelegraph breaks down the main events that led to the collapse of Silvergate, SVB and Signature Bank and explains what this all could mean for
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SVB Financial Group Files for Chapter 11 Bankruptcy Protection to ‘Preserve’ Firm’s Value
On March 17, 2023, SVB Financial Group, the parent company of Silicon Valley Bank, filed for Chapter 11 bankruptcy protection in the Southern District of
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Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees
FTX’s legal counsel requested insurers to advance or reimburse Bankman-Fried’s defense costs and fees under the company’s directors and officers (D&O) insurance.
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BlockFi in no immediate danger, despite Silicon Valley Bank exposure: Report
Christine Okike, a lawyer representing BlockFi at its bankruptcy hearing claimed that BlockFi is not in immediate danger and has sufficient funds to continue operating
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