Cointelegraph spoke to former senior executives in traditional finance who’ve made the move to crypto. Would they ever go back?
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Category: Simon Dixon
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‘LEAKED BIDS’ — Binance, Galaxy Digital among secret bidders for Celsius assets
Crypto blogger Tiffany Fong has shared documents she claims to have obtained in late December detailing several bids for Celsius’ crypto assets.
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US Trustee Plans to Appoint an Examiner to FTX Case, While SBF Describes Strange Margin Trading Practices
On Dec. 1, 2022, an attorney for the U.S. Trustee submitted a written letter to Delaware bankruptcy court officials that seeks to establish an independent examiner to investigate the FTX Chapter 11 bankruptcy proceedings. The U.S. Trustee explained in the letter that FTX’s collapse was comparable to complex bankruptcy cases like Lehman’s, Washington Mutual Bank’s, […]Powered by WPeMatico
Getting funds out of FTX could take years or even decades: Lawyers
The complexities that come with digital assets, cross-border insolvency and competing jurisdictions could add years to the timeline.
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BnkToTheFuture unveils 3 proposals to rescue Celsius from oblivion
BnkToTheFuture’s three proposals include two different ways to restructure and relaunch the firm, or an option to co-invest in the firm with a bunch of Bitcoin whales.
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Celsius Stories Littered With ‘People Familiar With the Matter’ Sources, Report Claims Lender Struggles With Arguments Over Bankruptcy
The embattled crypto lending platform Celsius has kept withdrawals and transfers frozen since June 12 and told the Celsius Network community that the “process will take time.” Since then, Celsius users are wondering why they are still receiving weekly rewards, and reportedly the company’s management has been arguing with its lawyers over whether or not […]Powered by WPeMatico
Tidbits: Jesse Powell Criticizes Custodial Ownership, Simon Dixon Slams the Banking System
Tidbits is a roundup of talking points from across the cryptosphere. Today, Jesse Powell and Samson Mow both voice their opinions on the custodial ownership of assets through trusted, third parties. Paul Sztorc shows the Bitcoin community that forks are not as frequent as they think and Simon Dixon breaks down his three problems with the […]
The post Tidbits: Jesse Powell Criticizes Custodial Ownership, Simon Dixon Slams the Banking System appeared first on Bitcoin News.
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