Bank Run NFT Lender BendDAO collapse & liquidity crisis! #NFT #btc #eth #usdt #solana #ton #etf #ico

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Bankrupt Crypto Lender Genesis to Repay $3 Billion to Creditors

U.S. Bankruptcy Judge Sean Lane approved Genesis Global’s Chapter 11 liquidation plan on Friday, enabling the bankrupt cryptocurrency lender to return approximately $3 billion in cash and crypto to its creditors. This ruling…

Australian Regulator Sentences Crypto Lender Helio for False License Claims

The Australian Securities and Investment Commission (ASIC) has sentenced Melbourne-based cryptocurrency lending firm Helio for falsely claiming it held an Australian credit license (ACL) in August 2019. According to an official release from…

Bankrupt Crypto Lender Voyager Digital Shrinks Portfolio by Nearly 40%

Bankrupt crypto lender – Voyager – is slowly working towards making customers whole. Voyager held nearly $413 million in multiple crypto-assets at one point. However, since enabling withdrawals to users on June 23rd,…

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Crypto Lender Genesis Chapter 11 Bankruptcy – Bitcoin Magazine

Genesis’s two lending subsidiaries, Genesis Global Capital and Genesis Asia Pacific, have filed for Chapter 11 bankruptcy. According to the announcement, the firm aims to enact “a global resolution to maximize value for…

Core Scientific Lender $72 Million Bailout – Bitcoin Magazine

Core Scientific’s lender, B Riley, has stated its intentions of loaning out $72 million to the embattled publicly traded miner. Core Scientific currently has an existing loan with B Riley totaling $42 million….

Singapore Police to Investigate Crypto Lender Hodlnaut

SPF is looking into whether crypto lender Hodlnaut committed any fraud offenses. The Singapore Police Force (SPF), the national and principal law enforcement agency responsible for the prevention of crime and law enforcement…

Crypto Lender Genesis Contagion Continues – Bitcoin Magazine

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis…

Bankrupt Crypto Lender Celsius Wants to Sell its $23M Stablecoin Holdings

In the latest chapter of Celsius’ ongoing liquidity crisis, which first became public when the lender froze customer withdrawals in June, the bankrupt crypto lender has asked the U.S. Bankruptcy Court for the…

Ripple Is Considering Buying Bankrupt Crypto Lender Celsius’ Assets: Report

Ripple Labs—the blockchain payments company behind XRP—may be interested in purchasing assets belonging to the insolvent crypto lending company Celsius.  A company spokesperson told Reuters that Ripple is “interested in learning about Celsius…

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