Bankrupt crypto lender Voyager Digital predicts 35% customer payoutVoyager filed for bankruptcy protection in July, citing volatility in cryptocurrency markets and a default on a large loan made to crypto h...
18 May, 2023, 12.19 AM IST
Crypto group DCG says bankrupt unit Genesis' creditors renege on dealDCG, a conglomerate in the digital asset space, had been looking to sell Genesis to repay some of the $3.4 billion, at a minimum, it owes c...
25 Apr, 2023, 07.03 PM IST
US securities regulator charges Genesis, Gemini with unregistered offeringsGenesis, a part of Digital Currency Group, entered into a deal with Gemini in December 2020 to offer Gemini customers the chance to loan th...
13 Jan, 2023, 01.59 PM IST
Crypto meltdown a boon for bankruptcy lawyersLarge law firms can rake in more than $100 million in legal fees during a long-running bankruptcy, experts said. "You've got to pay the gra...
02 Dec, 2022, 04.44 PM IST
Crypto lender BlockFi files for bankruptcy protectionNew Jersey-based BlockFi had earlier paused withdrawals from its platform and acknowledged it had "significant exposure" to FTX, and its as...
28 Nov, 2022, 09.14 PM IST
Crypto lender BlockFi files for bankruptcy protectionBlockFi said on Monday it had filed for Chapter 11 bankruptcy protection along with eight of its affiliates, in the latest casualty since F...
28 Nov, 2022, 09.13 PM IST
FTX bust may be the last straw for Indian crypto investorsOn Monday, crypto exchange AAX suspended withdrawals while users at another exchange, Bitcoke were facing withdrawal problems. Crypto lende...
15 Nov, 2022, 08.25 AM IST
Regulators circle FTX as rival exchanges try to calm investorsThe implosion of FTX, once a darling of the crypto industry with a $32 billion valuation as of January, has spurred investigations by the U...
15 Nov, 2022, 07.58 AM IST
FTX's founder was called a modern-day J.P. Morgan Sr. The analogy still works.Bankman-Fried, founder of the exchange known as FTX, was considered by many to be a safe bet that would tame the wilds of crypto, his indus...
13 Nov, 2022, 09.52 AM IST
Binance-FTX saga: Ongoing bloodbath in crypto and what to expect aheadFor crypto investors, this entire week has been a rollercoaster ride
11 Nov, 2022, 05.46 PM IST
How Binance, FTX deal rocked the crypto world and then collapsedFTT, the utility token of the FTX exchange, collapsed by more than 40% Wednesday following a tumble of more than 70% Tuesday. But just abou...
10 Nov, 2022, 05.13 PM IST
Binance pulls out of deal to acquire rival crypto exchange FTXRival Changpeng Zhao, the CEO of a bigger crypto exchange called Binance, agreed to bail out FTX. But FTX's future grew murkier Wednesday w...
10 Nov, 2022, 07.04 AM IST
Crypto exchange FTX has "a few billion" to support industry: Sam Bankman-FriedSam Bankman-Fried, 30, has become crypto's white knight in recent weeks, throwing lifelines to digital asset platforms which have faltered ...
07 Jul, 2022, 08.25 AM IST
FTX signs deal with option to buy BlockFi for up to $240 millionFTX has also agreed to provide BlockFi with a $400 million revolving credit facility, Prince said in a tweet.
02 Jul, 2022, 09.09 PM IST
Top crypto hedge fund Three Arrows Capital files for bankruptcyAccording to court documents seen by the Financial Times, crypto options and futures exchange "Deribit claimed Three Arrows failed to repay...
02 Jul, 2022, 02.23 PM IST
Sam Bankman-Fried's FTX says no talks to acquire Robinhood"There are no active M&A conversations with Robinhood," Bankman-Fried said in an emailed statement."We are excited about Robinhood's busine...
28 Jun, 2022, 07.40 AM IST
Crypto exchange FTX in discussion to acquire stake in BlockFi: reportThe companies had previously announced on Tuesday that BlockFi had signed a term sheet with FTX for a $250 million revolving credit facilit...
25 Jun, 2022, 09.36 AM IST