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Cryptorank

Category Bankruptcy filing

Court Freezes $1 Billion In Assets Of Three Arrows Capital Founders, Signaling Mounting Legal Battle

Court Freezes $1 Billion In Assets Of Three Arrows Capital Founders, Signaling Mounting Legal Battle

In a recent development surrounding the downfall of cryptocurrency hedge fund Three Arrows Capital (3AC), a court has issued a significant worldwid...
BlockFi Emerges From Bankruptcy, Begins Asset Distribution Process

BlockFi Emerges From Bankruptcy, Begins Asset Distribution Process

According to a recent announcement, BlockFi, a prominent cryptocurrency lending platform, has emerged from bankruptcy as of October 24, 2023.  Afte...
Crypto blamed unfairly for Signature Bank’s liquidity crisis, says NY regulator

Crypto blamed unfairly for Signature Bank’s liquidity crisis, says NY regulator

The Superintendent of the New York State Department of Financial Services (NYDFS), Adrienne Harris, has refuted allegations that cryptocurrency dep...
Hong Kong court recognizes crypto as property in Gatecoin case

Hong Kong court recognizes crypto as property in Gatecoin case

The Hong Kong legal and justice system has made a landmark ruling by recognizing cryptocurrency as property that can be “held on trust.” The decisi...