
April 18th, 2025
Claimants argue that Celsius bever mentioned anything about transferring ownership and control of assets to debtors.
However, the court has objected to the BlockFi request noting that every penny used to pay employees denies the creditors their right to be reimbursed.
The bankruptcy hearing for embattled crypto lender Genesis commences today at a New York Southern District court.
A majority part of the seized assets include 55.3 million shares of Robinhood with its current worth of around $526 million.
In addition to paying fines, Nexo will reportedly cease its unregistered lending product to all US investors.
Winklevoss said this move will afford the firm to recoup its funds as the Barry Silbert-led DCG has continued to refuse to offer its creditors a fair deal.
Hoskinson predicted that the purchase would cost him around two hundred million USD and that he will examine the financial details before taking concrete action.
In reaction to the relieving comment by the new FTX boss to reboot the exchange, the FTT token jumped 32% to $2.37.
Moonstone Bank said that after exiting from the crypto space, it will go back to its original format of being a community bank with major rebranding.
The collapse of Genesis was major fueled by its deep exposure to two of the most severe bankruptcies in the digital currency ecosystem.
1inch’s hardware wallet uses wireless charging and can last for up to 2 weeks after a full charge.
Revolut is holding off on its token launch to determine the full extent of the damage caused by the FTX crash.
DCG is currently looking for ways to save its business and grow its capital.
Crypto firm 21Shares recently launched the world’s first crypto staking ETP on the local stock exchange BX Swiss.
Besides media platforms like Semafor and The Block, political organizations that were major beneficiaries of Bankman-Fried’s benevolence are also scrambling to wash their hands clean.