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Celsius elicits mixed signals as it announces plans to unstake $468 ETH

Crypto lender Celsius wants to unstake its Ether holdings to meet the costs of its restructuring plan. The embattled crypto firm says the funds raised will be used to pay its creditors. Celsius’s move comes after the Southern District of New York Bankruptcy Court approved its restructuring plan in November. The plan included the creation […] дальше »

2024-1-5 15:05


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FTX’s Sam Bankman-Fried plans to present financial expert witness in defense

Embattled FTX founder Sam Bankman-Fried (SBF) plans to call a single financial expert witness for his defense in the ongoing criminal trial. In an Oct. 23 letter, SBF lawyers proposed inviting Joseph Pimbley, a financial expert with over 30 years of experience in derivatives and securities trading, to counter testimonies provided by the government witnesses, […] The post FTX’s Sam Bankman-Fried plans to present financial expert witness in defense appeared first on CryptoSlate. дальше »

2023-10-24 12:00


FTX fallen founder Sam Bankman-Fried wanted to shutdown Alameda before bankruptcy

Embattled FTX founder Sam Bankman-Fried (SBF) wanted to close down his other company, Alameda Research, according to an unpublished post revealed at his ongoing fraud trial. In the extensive post shared on X by a former Alameda employee, SBF described Alameda as one of his “largest successes–and then, briefly, largest failures–and then again successes. дальше »

2023-10-11 11:12


Changpeng Zhao denies Binance.US ever used Ceffu to custody funds, contradicting court filings

Binance CEO Changpeng Zhao (CZ) has denied that its U. S. subsidiary, Binance. US, ever used Ceffu or Binance Custody for custodial services. Zhao made this statement in response to the Securities and Exchange Commission’s (SEC) request to investigate potential fund movement violations by the embattled subsidiary of his exchange. дальше »

2023-9-20 19:40


Binance US CEO Brian Shroder exits as exchange cuts one-third of workforce

Binance US CEO Brian Shroder has left his role at the embattled crypto exchange amid a significant workforce reduction, which saw around one-third of its employees laid off, too. A Binance US spokesperson confirmed the incident, adding that the action gives the platform more than seven years of financial runway to continue operating as a […] The post Binance US CEO Brian Shroder exits as exchange cuts one-third of workforce appeared first on CryptoSlate. дальше »

2023-9-13 11:30


Binance expands to Kazakhstan amid global regulatory hurdles

Embattled crypto exchange Binance has launched a regulated digital asset platform in Kazakhstan amid its regulatory issues across multiple jurisdictions. In a June 21 statement, Binance said it had secured licensing from Kazakhstan’s AIFC Financial Services Authority (AFSA) to manage a digital asset platform and provide custodial services at the Astana International Finance Center (AIFC) […] The post Binance expands to Kazakhstan amid global regulatory hurdles appeared first on CryptoSlate. дальше »

2023-6-21 17:55


Embattled crypto exchange Bittrex US to allow withdrawals from Thursday

Following a decision by a Delaware bankruptcy court, the American branch of cryptocurrency exchange Bittrex is scheduled to open for customer withdrawals on Thursday. On Tuesday, Delaware bankruptcy court Judge Brendan Shannon authorized Bittrex US and its affiliates: “To permit their customers holding undisputed, noncontingent, and liquidated claims to withdraw cryptocurrency assets and fiat currency from […] The post Embattled crypto exchange Bittrex US to allow withdrawals from Thursday appeared first on CoinJournal. дальше »

2023-6-15 17:38


Binance Regulatory Woes: Richard Teng Eyed As Possible Successor To CZ – Report

Richard Teng, a former civil servant now in the capacity of a prominent crypto executive, is emerging as a potential successor to Binance’s embattled CEO, Changpeng “CZ” Zhao.  As the current head overseeing all regional markets outside the United States for Binance, Teng’s rise to prominence comes at a crucial time for the cryptocurrency exchange.  […] дальше »

2023-6-5 12:53