bid – DIGIT INFO

UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal

DIGIT — Sun, 19 Mar 2023 00:35:04 +0000

After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the […]

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‘Categorically false’ — Attorney denies bids for Celsius assets were rejected

DIGIT — Wed, 01 Feb 2023 05:41:29 +0000

The Celsius Official Committee of Unsecured Creditors hosted a two-hour town hall shortly after the filing of the Celsius examiners’ report.

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Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital

DIGIT — Tue, 31 Jan 2023 18:35:04 +0000

On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking to recover approximately $445.8 million from Voyager and HTC. Legal Battle Erupts Over Crypto Asset […]

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‘LEAKED BIDS’ — Binance, Galaxy Digital among secret bidders for Celsius assets

DIGIT — Fri, 27 Jan 2023 03:19:51 +0000

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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FTX customers want more info on FTX’s plans to sell subsidiaries

DIGIT — Fri, 06 Jan 2023 05:26:17 +0000

While the Ad Hoc Committee does not want to prevent the sales from occurring, it argued it needs to be involved to ensure that customers’ interests are represented.

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South Korea Mulls Over How to Cash Out State-Owned Cryptocurrency

DIGIT — Sat, 09 Jun 2018 18:19:09 +0000

The South Korean government is mulling over how to cash out the cryptocurrency it recently confiscated. While the most likely option is to auction the coins off using the government-owned auction platform, various concerns have been raised. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cashing Out BTC The South Korean government is contemplating […]

The post South Korea Mulls Over How to Cash Out State-Owned Cryptocurrency appeared first on Bitcoin News.

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