Insolvency

Court-appointed insolvency firm takes over HectorDAO after $2.7M hack

Interpath Advisory has taken control of the HectorDAO Treasury after… More…

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Crypto Collapse: Prime Trust’s Fall From Grace and the Disappearing Wallet Mystery

After Prime Trust filed for bankruptcy protection, the company’s… More…

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From Crypto Custodian to Court: Prime Trust Files for Bankruptcy Protection

In the wake of financial upheavals and regulatory hurdles, Prime … More…

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Three Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi

A July 7 report from Teneo, the hedge fund’s liquidator, described… More…

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

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

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Study Shows Bank of England’s Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency

The Bank of England made an impactful move last Thursday, June 22, … More…

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Crypto Firm Abra Said to be Insolvent in Texas State Regulators’ Cease-and-Desist Order

According to an emergency cease-and-desist order from the Texas … More…

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Crypto Lender Abra Has Been Insolvent for Months, State Regulators Say

Crypto lender Abra has been insolvent since at least March 31, 2023,… More…

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Gate.io denies liquidity problems after Multichain CEO goes missing

Some Twitter users posted transactions showing large inflows of … More… The post Gate.io denies liquidity problems after ...

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Fed, central banks enhance ‘swap lines’ to combat banking crisis

Currency swap lines have been used during times of crisis in the past,… More…

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