paused withdrawals – Miami Crypto Coin

Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues

Post author:MiamiCrypto
Post published:December 18, 2022
Post category:Cameron Winklevoss crypto exchange data leak Database Leak Earn program financial advisor FTX collapse Gemini Gemini exchange genesis Genesis Liquidity Issues Houlihan Lokey Houlihan Lokey Advisor Liquidity News paused withdrawals restructuring Winklevoss

Roughly two weeks ago a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini customers and the publication’s sources noted that the exchange was…

A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’

Post author:MiamiCrypto
Post published:October 24, 2022
Post category:Aubit crypto rewards crypto risk depositors Fatman fluctuations Freeway Freeway supporter Freeway.io Freeway's website FTW supporter halted withdrawals Insolvency News paused withdrawals Ponzi Ponzi-scheme risk Risky Rugged volatility Westcoast Life whistleblower Withdrawals

A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users…

FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming

Post author:MiamiCrypto
Post published:June 29, 2022
Post category:3AC balance sheet blockfi celsius exchange failures exposed firms Exposure financially sound ftx Insolvency insolvent Liquidations Mergers and acquisitions News paused withdrawals regulatory issues risk-on exposure secretly insolvent Steven Ehrlich Terra terra (LUNA)Terra UST Tether third-tier exchanges Three Arrows Capital USDT voyager

In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research…