FTX has reached a deal with Abu Dhabi's investment arm to sell its stake in Sequoia Capital for $45 million. The deal is subject to approval from the bankruptcy court of Delaware.
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Babel Finance hopes co-founder Yang Zhou's crypto-backed stablecoin can help repay over $700 million owed to creditors of the crypto lender.
Summary: FTX Founder Sam Bankman-Fried was subpoenaed along with other company execs like former Alameda CEO Caroline Ellison and ex-engineering...
Summary: Robinhood plans to buy back nearly $600 million worth of shares owned by the FTX Founder. Sam Bankman-Fried scooped...
The final report filed by the independent examiner in Celsius' bankruptcy case found that the crypto lender used customer deposits to fund withdrawals, and by doing so, it met the definition of a Ponzi scheme.
Summary: The trading company founded by Sam Bankman-Fried hopes to recover repaid loans from bankrupt Voyager Digital. FTX lawyers filed...
French Investment Bank Société Générale has minted a loan worth $7 million from MakerDAO, marking an important milestone that bridges TradFi and DeFi.
Digital Currency Group (DCG) is cutting costs and streamlining operations in order to position itself for long-term success. CEO Barry...