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Crypto lender Genesis has no solution yet for withdrawal halts
8.12.2022
Genesis said it will take additional weeks to carve out a recovery path for its lending business
Three Arrow Capital's Zhu, Davies Subpoenaed in US Bankruptcy Case
7.12.2022
The New York Bankruptcy Court wants to gain information about the collapsed crypto hedge fund’s founders and investment managers
3AC subpoenas issued as dispute grows over claims of Terraform dump
7.12.2022
The bankruptcy judge has given approvals to subpoenas aimed at Three Arrows Capital’s leadership, while a new Terra Luna conspiracy has been floated
Fir Tree fund sues Grayscale in effort to force changes to Bitcoin Trust
7.12.2022
The New York-based hedge funds want Grayscale to cough up information about its flagship Bitcoin trust which it believes could reveal potential mismanagement
Wikipedia Editors List FTX’s Questionable Blunder as the Top Trading Loss of All-Time
6.12.2022
Following the collapse of FTX at the beginning of November, two top executives from FTX and Alameda Research — Sam Bankman-Fried and Caroline Ellison — have been listed among traders with the top trading losses worldwide on Wikipedia. According to the Wiki page, Bankman-Fried’s and Ellison’s...
Morgan Creek CEO Says FTX Co-Founder SBF Was a ‘Pawn’ Used to ‘Punish’ the Crypto Industry
6.12.2022
Following FTX’s collapse, many industry executives, influencers, luminaries, and politicians have shared their opinions about the carnage the event has caused to crypto markets and a great deal of innocent bystanders. On Dec. 2, the CEO and founder of Morgan Creek Capital, Mark Yusko...
Silvergate CEO calls out 'short sellers' spreading misinformation
6.12.2022
In the statement, Lane also took the opportunity to "set the record straight” about its investment relationship with FTX and the firm's “robust risk management approach.”
Alameda Research CEO Caroline Ellison Reportedly Spotted at a Coffee Shop in Manhattan With FTX Dog ‘Gopher’
5.12.2022
On Dec. 4, 2022, the Twitter account and citizen journalist called Autism Capital shared two pictures of a woman that closely resembles the Alameda Research CEO, Caroline Ellison. The pictures were taken at a coffee and sandwich shop in Manhattan at 8:15 a.m. (ET). Citizen Journalist Reportedly...
Alameda Research invested $1.15B in crypto miner Genesis Digital: Report
3.12.2022
Sam Bankman-Fried was consulted on the capital injection, which was made before crypto prices plummeted
Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets
3.12.2022
According to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron and Tyler Winklevoss is attempting to recover the funds from Genesis, according to FT’s sources. Report Claims Genesis Owes...
Korean VC Firm Daesung Private Equity Announces $83 Million Metaverse Fund
3.12.2022
Daesung Private Equity, a Korean venture capital firm, has announced the launch of a metaverse fund of 110 billion won ($83.5 million). The fund, which will have the participation of the Korean state represented by Korea Venture Investment Corporation’s Korea Fund of Funds, aims to...
Uzbekistan Approves Rules for Issuance and Circulation of Crypto Assets
3.12.2022
The authority responsible for crypto oversight in Uzbekistan has determined the order of issuing and circulating digital assets in the country. The main reason behind the move is to establish a mechanism that would allow local companies to attract capital through coins and tokens. Uzbekistan...
Three Arrows Capital Liquidators Seize $35.6M From Singaporean Banks
2.12.2022
Liquidators for Three Arrows Capital (3AC) have seized $35.6 million from the collapsed crypto hedge fund’s bank accounts in Singapore three months after getting the nod from that country’s High Court to begin probing 3ACs assets in the country
Legal team for 3AC liquidators blast founders for shifting blame to FTX, media blitz amid bankruptcy
2.12.2022
In a bankruptcy court hearing, lawyers for 3AC creditors asserted the firm's founders "repeatedly fail to engage" with liquidators, but weren't shy about talking to the media
FTX Bankruptcy Write Downs And Venture Capital Funding Data – What We Know So Far
2.12.2022
This time last year, venture capital (VC) firms couldn't get enough of FTX and Sam Bankman-Fried (SBF) – but since the November collapse of the crypto empire all that has changed.
As the full horror story of the corporate governance vacuum that was FTX and Alameda Research is revealed, many...
Thai VC fund acquires troubled exchange Zipmex for $100M: Report
2.12.2022
Zipmex reportedly plans to use crypto assets received from the acquisition to unlock frozen customer accounts on the platform by April 2023
Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects
2.12.2022
Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on returns for potential investors wanting to get more Web3-related capital exposure, will focus its activities on companies...
Italy to impose 26% capital gains tax on crypto profits
1.12.2022
The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3)
Italy Wants to Tax Crypto Gains at 26% From 2023
1.12.2022
The new government of Italy plans to impose a 26% tax on capital gains from crypto trading, according to the draft budget for next year. The center-right coalition in power is also preparing to oblige Italians to declare their digital assets and pay 14% on their holdings. Government in Italy...
Mobius Capital Fund Manager Reveals His Downside Target for Bitcoin, but Says Digital Assets are Here to Stay
30.11.2022
The veteran investor Mark Mobius has said bitcoin (BTC) could fall to the $10,000 level, but he is still amazed by how well bitcoin prices “have held up” in the currently bearish environment....
Read More: Mobius Capital Fund Manager Reveals His Downside Target for Bitcoin, but Says Digital Assets...