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Russia Will Use CBDC Pay Benefits & Evade Sanctions, Experts Claim


Russian experts say they think that the government will use the digital ruble to pay state benefits – and think the CBDC could be used to evade sanctions. With just days to go until Russia pilots the coin, experts have been examining the scant details that have thus far been forthcoming prior...

Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution 


The long-standing legal feud between FTX Trading and Genesis Global Holdco is taking a turn towards resolution. The two parties have reached an initial agreement, in principle, following bankruptcy protection disputes that have made industry headlines. An official letter to the bankruptcy judge...

Three Arrows Capital Founders Face $1.3 Billion Claim from Liquidators


The founders of the now-bankrupt crypto hedge fund Three Arrows Capital, also known as 3AC, are facing a $1.3 billion recovery claim from the fund’s liquidators. The liquidators, who are also partners at the consulting and advisory firm Teneo, have accused the firm’s co-founders Su Zhu and Kyle...

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