Genesis out of the crisis?
Chapter 11 proceedings begin for Genesis, the crypto loan and liquidity intermediary in crisis for a few weeks and which has launched the aforementioned bankruptcy and creditor protection mechanisms, mechanisms that do not always lead to bankruptcy, however, of the company that requests it. And this would seem to be the case for Genesis, which […]
Solana crypto falls sharply due to the collapse of FTX
The link between Solana (SOL) and the former crypto exchange platform FTX, was dictated a lot by the large investments made by Sam Bankman Fried during the bull market of 2020/2021. After the advent of the bear market, but above all the collapse of one of the most important exchange platforms linked to the Solana […]
FTX customers file a class-action seeking priority reparations
FTX’s clients filed a class-action lawsuit against the failed cryptocurrency exchange, Sam Bankman-Fried and other former top executives, seeking a statement that the company’s digital asset holdings belong to the clients. Filed in US Bankruptcy Court in Delaware, the case is the latest legal action to recover the FTX’s assets since customer class members don’t […]