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Financial Troubles

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Sep 11 2023

FTX Estate Sues Layerzero Labs for $85M Over Alleged Fraudulent Deals and Asset Withdrawals Amidst Collapse

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The bankrupt estate of cryptocurrency exchange FTX is suing blockchain… More…

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Jun 29 2023

Bitcoin Firm Coinbits Suspends Operations Amidst Custodian Prime Trust’s Financial Woes

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The cryptocurrency firm and bitcoin investment app, Coinbits, has… More…

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Jun 02 2023

Silvergate Bank Faces Regulatory Deadline for Self-Liquidation Plan

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In a recent press release from the U.S. Federal Reserve Board of Governors,… More… The post Silvergate Bank ...

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May 01 2023

JPMorgan Chase Assumes Control of First Republic Bank Following Seizure by California Regulators

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On May 1, 2023, the California Department of Financial Protection… More… The post JPMorgan Chase Assumes Control of ...

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Mar 08 2023

Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist

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At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention… More…

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Jan 02 2023

Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018

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Before FTX collapsed it was assumed that Alameda Research was one … More…

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Nov 28 2022

Crypto Lender Blockfi Files for Bankruptcy Protection to ‘Maximize Value for All Clients’

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On Nov. 28, 2022, the crypto lender Blockfi informed the public via… More…

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