An amended class action lawsuit filed by Celsius investors accused crypto market maker Wintermute Trading of helping Celsius CEO Alex Mashinsky dupe his crypto lending firm's investors.
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Arrington Capital led Fahrenheit LLC, which counts Coinbase and US Bitcoin Corp among its backers, has emerged as the top bidder for Celsius' assets.
Bankrupt crypto lender BlockFi has decided to liquidate its crypto lending business after multiple unsuccessful attempts to sell the business.
Barry Silbert's Digital Currency Group is looking to refinance the $1.7 billion debt owed to its bankrupt subsidiary Genesis. The crypto conglomerate is in talks with investors to raise additional capital as well.
Belgium's Bit4you has decided to suspend its activities following the insolvency of CoinLoan, one of its major service providers.
Bybit has announced new KYC rules that will come into effect on May 8, 2023. Users who refuse to comply will face restricted access to the exchange.
Summary: MicroStrategy added to its Bitcoin coffers with a $29.3 million BTC purchase, per SEC filing from April 4. The...
Sam Bankman-Fried is reportedly paying his lawyers using funds from a $10 million cash gift that he gave to his father in 2021. The gift was funded using a loan from Alameda Research.