FTX

BlockFi Plans To Sell About $160 Million Of Loans Backed By Bitcoin Mining Machines

Key Points: BlockFi plans to sell about $160 million of loans backed by around 68,000 Bitcoin mining machines. The bidding…

2 years ago

Silvergate Claims Limited Exposure To Genesis

Key Points: In line with Genesis's recently reported bankruptcy case, Silvergate Capital released an update on its operations. According to…

2 years ago

Crypto Banks Borrowed Over $13 Billions To Resist The Effects Of A Surge In Withdrawals

Key Points: In an effort to stop a wave of client withdrawals, two of the largest crypto banks serving cryptocurrency…

2 years ago

CFTC Official Asks Serious Questions About FTX VCs’ Poor Due Diligence

Key Points: VCs that had to write down their investments in the millions of dollars to almost nothing raises "serious…

2 years ago

Stellar Foundation Listed In Genesis Top Creditors List With $13 Million Claim

Key Points: It was discovered that one of the biggest creditors of the insolvent crypto lending bureau was the Stellar…

2 years ago

Sam Bankman-Fried Forfeited $700 Million Of FTX Assets

Key Points: Sam Bankman-Fried, the former CEO of FTX, had approximately $700 million in assets confiscated by the US authorities…

2 years ago

Coinbase Again Downgraded By Moody’s For Significant Reduced Revenue In 2022

Key Points: Both Coinbase's long-term credit rating and its guaranteed senior unsecured notes have been lowered by Moody's due to…

2 years ago

Genesis Global Is FTX’s Largest Unsecured Creditor With Over $200 Million

Key Points: Genesis Global Capital has become the largest unsecured creditor of FTX.com and its affiliates, with bonds totalling 226.3…

2 years ago

Bybit CEO Clarifies Company Unaffected By Genesis Crisis

Key Points: Bybit co-founder and CEO Ben Zhou said that Mirana is the investment arm of Bybit, but it only…

2 years ago

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