The FTX collapse continues to unfold, BlockFi proclaims chapter submitting and Kraken settles a sanctions breach: Hodler’s Digest, Nov. 27 – Dec. 3
Coming each Saturday, Hodlers Digest will enable you observe each single vital information story that occurred this week. The very best (and worst) quotes, adoption and regulation highlights, main cash, predictions and rather more every week on Cointelegraph in a single hyperlink.
BlockFi recordsdata for chapter, cites FTX collapse for its troubles
Digital asset lending firm BlockFi introduced on Nov. 28 that it has filed for Chapter 11 chapter in New Jersey. The chapter submitting revealed, amongst different particulars, that BlockFi goals to restructure and hold particular staff on board. BlockFi has eight daughter firms which can be additionally included within the chapter movement. Later information revealed chapter continuing particulars, together with BlockFis lawyer reporting that $355 million of the organizations capital is sitting frozen on FTX.
Kraken settles with US Treasury’s OFAC for ‘obvious’ sanctions violations
FTX was the quickest company failure in US historical past Trustee requires probe
Binance hires audit agency that served Donald Trump to confirm crypto reserves
3AC chapter course of faces challenges amid unknown whereabouts of founders
will teleport to $14K or worse if BTC breaks $16K Analyst
Libertex crypto trade head Vyacheslav Taran dies in helicopter crash in France
EmpiresX ‘head dealer’ to face 4 years of jail over $100M crypto ‘Ponzi’
Bankman-Fried on the hook in Texas, referred to as to seem at Feb. listening to
South Koreas distinctive and wonderful crypto universe
Socios boss objective? To knock crypto out of the park
How steady are stablecoins within the FTX crypto market contagion?
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