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Tag: Bankruptcy

Crypto lender Genesis has no solution yet for withdrawal halts

December 8, 2022 wp-bot Cointelegraph

Genesis said it will take additional weeks to carve out a recovery path for its lending business.

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3AC subpoenas issued as dispute grows over claims of Terraform dump

December 7, 2022 wp-bot Cointelegraph

The bankruptcy judge has given approvals to subpoenas aimed at Three Arrows Capital’s leadership, while a new Terra Luna conspiracy has been floated.

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Michael Saylor on the FTX fiasco: ‘Unethical and illegal from the very beginning’

December 6, 2022 wp-bot Cointelegraph

Saylor calls SBF the “poster child of the crypto world” while breaking down his antics, which ultimately brought the downfall of his empire.

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Court sets new deadline for Celsius restructuring plan

December 6, 2022 wp-bot Cointelegraph

Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 13.

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Novogratz’s Galaxy Digital to acquire Celsius’ GK8 in bankruptcy garage sale

December 5, 2022 wp-bot Cointelegraph

The self-custody platform was acquired by Celsius in 2021 for $115 million and is now set to change hands, pending approvals.

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Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets

December 3, 2022 wp-bot Bitcoin News

According to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron

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Blockchain
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