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Tag: Bankruptcy

Crypto Exchange Bitfront Shuts Down Amid Industry Challenges

November 29, 2022 wp-bot Bitcoin News

Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by

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Silvergate denies recent FUD, confirms minimal exposure to BlockFi

November 29, 2022 wp-bot Cointelegraph

Silvergate Capital has been quick to distance itself from the now-bankrupt crypto lender BlockFi.

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BlockFi sues FTX’s Bankman-Fried over shares in Robinhood

November 29, 2022 wp-bot Cointelegraph

BlockFi is demanding Bankman-Fried’s investment company turn over its shares in Robinhood as collateral it agreed to pay as part of a pledge agreement.

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Crypto Lender Blockfi Files for Bankruptcy Protection to ‘Maximize Value for All Clients’

November 28, 2022 wp-bot Bitcoin News

On Nov. 28, 2022, the crypto lender Blockfi informed the public via a press release that the company has voluntarily petitioned for Chapter 11 bankruptcy

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Report: State Securities Regulators Probe Crypto Lender Genesis

November 26, 2022 wp-bot Bitcoin News

State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The

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Alameda Research withdrew $204M ahead of bankruptcy filing: Arkham Intelligence

November 26, 2022 wp-bot Cointelegraph

According to analysis from blockchain firm Arkham Intelligence, over 50% of the funds transferred after Nov. 6 were in USD-pegged stablecoins.

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Blockchain
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