/ FTX contagion
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, 2023Gemini 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, 2023BlockFi 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, 2023Silvergate 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, 2023Silvergate 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