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The lending firm has been in bankruptcy court since its Chapter 11 filing in 2022, while the SEC filed a lawsuit against both the firm and former CEO Alex Mashinsky in July. Go to Source
Recovery from the crypto winter is proceeding, but Hodlnaut won’t survive it. A sealed court order in Singapore appears to spell its doom. Go to Source
The decision ends the complex case with a creditor-approved plan that will see their partial reimbursement and make them shareholders in a new company. Go to Source
“The return comes from hashrate, not from pixie dust, ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed. Go to Source
MultiChainZ chief operating officer Aanchal Thakur believes that cross-chain lending platforms will open users up to more liquidity. Go to Source
The legal action followed reports staff at the commission had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations. Go to Source
September was the biggest exploit month in DeFi, with over $300 million in losses, taking the crown from August. Go to Source
Spurred on by user requests, traditional Bitcoin lending firm Ledn is rolling out an Ethereum yield product. Go to Source
The interim judicial managers of Hodlnaut argued that the $30 million offer of FLEX tokens is “illiquid” and has “speculative value.” Go to Source
In January, Genesis Global Capital announced it would eliminate its crypto spot trading services “voluntarily and for business reasons” without additional details. Go to Source
