Bankruptcy – Page 24 – Miami Crypto Coin

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

Post author:MiamiCrypto
Post published:December 5, 2022
Post category:Bankruptcy celsius network Crypto lender Galaxy Digital Holdings GK8 self-custody platform

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

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

Post author:MiamiCrypto
Post published:December 3, 2022
Post category:$900 million Bankruptcy Barron’s Barry Silbert Cameron and Tyler Winklevoss DCG DCG CEO Digital Currency Group Gemini Gemini EARN Gemini Genesis genesis Genesis Gemini Genesis Global Capital News Regulations Regulators restructuring restructuring options Securities Shareholders state securities regulators Winklevoss-Operated Exchange

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 and Tyler Winklevoss is attempting…

Legal team for 3AC liquidators blast founders for shifting blame to FTX, media blitz amid bankruptcy

Post author:MiamiCrypto
Post published:December 2, 2022
Post category:Bankruptcy Regulation Singapore social media Three Arrows Capital

In a bankruptcy court hearing, lawyers for 3AC creditors asserted the firm's founders "repeatedly fail to engage" with liquidators, but weren't shy about talking to the media.

Despite the Former FTX CEO’s Media Tour Many Unanswered Questions Remain

Former FTX CEO Sam Bankman-Fried (SBF) has been talking a lot more since his exchange collapsed a few weeks ago, as he’s spoken at the New York Times Dealbook Summit,…

Former FTX Boss Speaks at Dealbook Event, Says He ‘Didn’t Knowingly Co-Mingle Funds’

On Nov. 30, 2022, the former FTX CEO Sam Bankman-Fried (SBF) discussed FTX’s collapse at the New York Times’ Dealbook Summit with Andrew Ross Sorkin in his first live-appearance interview…

Crypto trading firm Auros Global misses DeFi payment due to FTX contagion

Post author:MiamiCrypto
Post published:December 1, 2022
Post category:Auros Auros Global Bankruptcy credit ftx Insolvency Loan M11 Credit Maple Finance

Auros is an algorithmic trading and market-making firm that provides liquidity for exchanges and token projects.

Sam Bankman-Fried Interview Reveals Dark Donations to Republicans, FTX’s ‘Poorly Labeled Accounting’

On Nov. 29, 2022, the crypto supporter and reporter, Tiffany Fong, published an interview with the former FTX CEO Sam Bankman-Fried (SBF) that was recorded 13 days before the interview…

Crypto Exchange Bitfront Shuts Down Amid Industry Challenges

Post author:MiamiCrypto
Post published:November 29, 2022
Post category:Bankruptcy Bitfront Challenges collapse Crypto crypto exchange Cryptocurrencies Cryptocurrency Exchange Exchanges ftx Issues Japan line operations Services shutdown social media suspension U.S.

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 Japan’s social media giant Line,…

Silvergate denies recent FUD, confirms minimal exposure to BlockFi

Post author:MiamiCrypto
Post published:November 29, 2022
Post category:Bankruptcy blockfi contagion Crypto bank FUD silvergate

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

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

Post author:MiamiCrypto
Post published:November 29, 2022
Post category:Bankruptcy blockfi brokerage Collateral crypto exchange crypto lending emergent emergent fidelity technologies ftx Lawsuit Loan Robinhood Sam Bankman-Fried SBF sit sues

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.