Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments
Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million…
Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy
Terraform Labs has received court approval to wind down operations in bankruptcy following a…
Elon Musk Warns US Laws and Regulations Will Worsen Every Year Without Major Reform
Tesla and Spacex CEO Elon Musk has warned that without substantial government reform, laws and…
Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’
Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission…
SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 Plan
The U.S. Securities and Exchange Commission (SEC) has raised concerns over FTX’s plan to pay…
Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm
Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique…
Bankrupt Crypto Lender Celsius Distributes $2,530,000,000 to Creditors
Defunct crypto lending platform Celsius Network is paying back billions to creditors.
Last year, a…
Terraform Labs’ Fate Hinges on Sept. 19 Bankruptcy Hearing
The Chapter 11 bankruptcy reorganization hearing for Terraform Labs Pte. Ltd. and Terraform Labs…
Blockfi to Begin Interim Crypto Distributions via Coinbase This Month
Crypto lender Blockfi announced that it will begin interim crypto distributions via Coinbase this…