/ FTX contagion


Court Rules That $375M of Users’ Crypto in Interest Accs Belongs to BlockFi
/ Policy

Court Rules That $375M of Users’ Crypto in Interest Accs Belongs to BlockFi

This Thursday, a Federal Judge ordered BlockFi to repay nearly $300 million to its customers, but ruled that an additional $475 million in interest-bearing ...

May 11, 2023
Gemini Allegedly Borrowed $100M From Winklevoss Twins

Gemini Allegedly Borrowed $100M From Winklevoss Twins

After allegedly failing to find funds elsewhere, the Winklevoss twins lent $100 million to their own company.

April 10, 2023
BlockFi Greenlight to Sell $4.7 Worth of Mining Rigs by Bankruptcy Court

BlockFi Greenlight to Sell $4.7 Worth of Mining Rigs by Bankruptcy Court

The bankruptcy court in New Jersey recently approved BlockFi’s sale of 6,400 cryptocurrency mining rigs.

March 24, 2023
Silvergate in Talks With FDIC as the Bank’s Future Remains Uncertain

Silvergate in Talks With FDIC as the Bank’s Future Remains Uncertain

Silvergate is reportedly working with FDIC in an effort to find a way out of the crisis caused by the collapse of FTX, and the recent exodus of its partners from the cryptocurrency sector.

March 07, 2023
Silvergate Down 45% in Premarket as Coinbase Switches to Signature Bank

Silvergate Down 45% in Premarket as Coinbase Switches to Signature Bank

Silvergate's slide continue in Thursday premarket, with the stock plummeting more than 45%.

March 02, 2023

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