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Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers

Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidati...

May, 18, 2024

by Bitcoin News

Genesis Distribution Plan Now Authorized by Court to Pay $3 Billion in Digital Assets and Cash

The court approved Genesis distribution plan to return $3 billion in assets to customers, overcoming objections from its parent company, DCG. Read ...

May, 18, 2024

by CoinCu News

UK Crypto Advisory Firm Shuts Down Over Investor Losses, Accounting Neglect

The UK government’s Insolvency Service has shut down a London-based crypto advisory firm that claimed to offer investment advice in cryptocurrencie...

May, 14, 2024

2 min read

by Cryptonews

Was Sam Bankman-Fried Proven Right About FTX’s Solvency?

No.

May, 10, 2024

by CoinDesk

Bankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts

The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an update from the firm. Blockfi sa...