A Founder of the Crypto Hedge Fund Three Arrows Capital Is Arrested
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A United States Bankruptcy Court has Bankrupt approved BlockFi's liquidation plan after three attempts, meaning affected customers are one step closer toward being paid out.
(Bloomberg) -- When Celsius Network co-founder Alex Mashinsky resigned, interim Chief Executive Officer Chris Ferraro implemented a strategy that ran counter to the very ethos of cryptocurrency: he made the bankrupt digital-asset lender as boring as possible.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownTrump Found Lia
Gemini cofounders Cameron and Tyler Winklevoss secretly withdrew about $282 million in assets held by key lending partner Genesis – mere months before the firm’s collapse left the twins’ customers unable to access $900 million in funds, The Post has learned.
X users highlighted Tether’s recent change in terms of service comes amid a major crypto money laundering scandal in Singapore.