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The FTX collapse continues to unfold, BlockFi publicizes chapter submitting and Kraken settles a sanctions breach: Hodler’s Digest, Nov. 27 – Dec. 3
Coming each Saturday, Hodlers Digest will assist you observe each single vital information story that occurred this week. One of the best (and worst) quotes, adoption and regulation highlights, main cash, predictions and way more per week on Cointelegraph in a single hyperlink.
BlockFi information 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 workers on board. BlockFi has eight daughter corporations which are additionally included within the chapter movement. Later information revealed chapter continuing particulars, together with BlockFis legal professional 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 alternate 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, known as to look at Feb. listening to
South Koreas distinctive and superb 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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