Crypto Exchanges
The United States Bankruptcy Court for the District of Delaware on January 31, FTX's legal team, led by attorney Andy Dietderich from Sullivan and Cromwell, asserted that the defunct cryptocurrency exchange's restructuring plans do not involve a "reboot" of the company. Instead, the primary focus lies on fully repaying customers.
Crypto Exchanges
Binance, the world's leading cryptocurrency exchange, showcased substantial progress across multiple fronts in 2023, with only one U.S. regulatory entity continuing its pursuit. Emphasizing positive developments in its year-end report, Binance celebrated noteworthy achievements. The exchange experienced a remarkable 30% surge in user numbers, surpassing 170 million customers. Facilitating
Crypto
The Bankruptcy saga of Three Arrows Capital (3AC), a Singapore-based cryptocurrency hedge fund, has taken a significant turn with a British Virgin Islands court issuing a global freezing order on the assets of its co-founders, Su Zhu and Kyle Davies. As reported on December 21, the court's directive prohibits Su
Crypto Exchanges
Binance, the prominent cryptocurrency exchange, has taken decisive action in response to the extraordinary surge in the value of Anchored Coins Euro (AEUR) stablecoin, which soared by over 200% after being listed. In an official announcement on December 6th, Binance pledged to reimburse users affected by the price volatility and
Crypto Exchanges
The most recent transaction involving defunct crypto trading entities associated with FTX and Alameda Research has attracted attention due to its intricate nature. A total of $10.8 million was transferred across eight different tokens, namely StepN (GMT), Uniswap (UNI), Synapse (SYN), Klaytn (KLAY), Fantom (FTM), Shiba Inu (SHIB), Arbitrum