bankruptcy
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CEO of Silicon Valley Bank Greg Becker Resigns from Federal Reserve Bank of San Francisco Board of Directors
It is reported that Reuters reported on March 10 that Greg Becker, CEO of Silicon Valley Bank, will no longer serve as a member of the Board of Directors of th…
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US District Judge Rejects Request to Merge Proposed Class Actions Against FTX
It is reported that the United States District Judge Jacqueline Scott Corley rejected the plaintiff\’s request to merge five proposed class actions against the …
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The US DOJ Challenges Binance.US’s Purchase of Voyager Digital Assets
On March 10, the United States Department of Justice (DOJ) filed an appeal on Thursday night, challenging the judgment of the New York Bankruptcy Judge allowin…
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US Government Appeals for Independent Examination of FTX Cryptocurrency Exchange
It is reported that the US government appealed against the judicial decision not to appoint an independent examiner to investigate the bankruptcy of the FTX Cr…
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FTX Affiliate Sues Grayscale over Redemption Ban for Bankrupt Cryptocurrency Exchange
According to reports, FTX, the bankrupt cryptocurrency exchange, said that its affiliate Alameda Research had filed a lawsuit against Grayscale Investments, th…
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The Regulatory Dispute that Blocked Voyager’s Bankruptcy Process
It is reported that the bankruptcy process of Voyager, the cryptocurrency exchange, was blocked because the regulators had disputes over the cryptocurrency reg…
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Nexus Mutual pays out $5 million in claims due to DeFi platforms’ bankruptcy
It is reported that DeFi insurance provider Nexus Mutual has paid about US $5 million in claims due to the bankruptcy of FTX and BlockFi, and is expected to pa…
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Bankruptcy Hearing for Voyager Enters Third Day, with SEC Regulating Sales Plan with Objections
On March 7, the hearing on the bankruptcy of Voyager on Monday entered its third day. Although the first two days of the hearing focused on the questions about…
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Silvergate’s Possible Bankruptcy and its Impact on the Market
According to reports, Silvergate (SI. N) fell more than 6%. Wade Bush believed that the possibility of bankruptcy/liquidation of Silvergate was very high, and …
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US Bankruptcy Judge Orders Return of Funds to Crypto Lending Institution
It is reported that according to a court document on Friday, Michael B. Kaplan, a US bankruptcy judge, said that Silvergate Bank must return US $9.85 million t…
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Silvergate Bank Seeks Separation of FTX Customer Litigation Cases
It is reported that Silvergate Bank said that it requested the court to separate the FTX customer litigation cases. In the previous federal lawsuit, Silvergate…
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UBS Strategist downplays impact of Mt. Gox bankruptcy repayment on cryptocurrency prices
According to reports, Ivan Kachkovski, a strategist at UBS, said that the upcoming M The Gox bankruptcy repayment may not cause people to worry about the price…
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Cryptocurrency Fund’s Bankruptcy Reveals Doubts in Lending Chain
According to reports, court documents submitted on Tuesday showed that just a few weeks before filing for bankruptcy, the crypto hedge fund Sanjian Capital (3A…
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DCG Shares Financial Data: A Sign of Distress?
It is reported that Ram Ahluwalia, CEO of Lumida Wealth, a cryptographic investment consultancy, said in a social media message that DCG shared financial data …
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Cryptocurrency Lending Platform Hodlnaut Considers Selling Business Amidst Market Turmoil
On March 1, Simon Lee, founder of the cryptocurrency lending platform Hodlnaut, said in a message that for creditors, the plan to sell the company\’s business i…
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Voyager Customers Approve Bankruptcy and Reorganization Plan
According to the report, according to the official Twitter, the encryption lending agency Voyager said that the vote of Voyager customers on the bankruptcy and…
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Digital Currency Could Protect Banks from Bankruptcy, says BOE Deputy Governor
It is reported that the Bank of England\’s deputy governor, Joseph Kalif, said that digital currency may play a protective role in preventing bank bankruptcy. I…
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Implications of Alameda Research’s Claim for Voyager and Its Creditors
It is reported that according to a court document issued by the Texas regulatory agency in the United States, if Alameda Research succeeds in claiming $445 mil…
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Marco Polo Trade Finance Network’s Holding Company Goes Bankrupt
It is reported that the holding company of Marco Polo Trade Finance Network (formerly TradeIX) entered bankruptcy in Ireland. The blockchain network has more t…
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Voyager’s Plan to Sell Assets to Binance US Receives Overwhelming Support
According to reports, Voyager\’s lawyer said that up to now, 97% of the votes have supported Voyager\’s plan to sell assets to Binance. US, and the voting proces…