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Nalezeno "Recovery": 1214

Systemic Swiss Banks Not Ready for Crisis, Regulator Says


Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority viewed the troubled giant’s preparedness in positive terms. 2 Swiss Banks...

FTX eyes recovery of assets with work for the future in process


Since FTX’s collapse about four months ago, there has been instability in the cryptocurrency market, forcing holders to follow the wait-watch principle. Things have not been working well for Sam Bankman-Fried since then. He is the former Chief Executive Officer of FTX who has pleaded...

China’s Inflation Rate Drops to Lowest in 18 Months


The annual inflation rate in China has unexpectedly slowed down in March to its lowest level in a year and a half, the latest statistical data indicates. On a monthly basis, consumer prices decreased for a second consecutive month, despite estimates suggesting they will remain unchanged. Post...

All about Crypto and Digital Asset Fraud & Recovery conference


Hosted by C5 Group, the Crypto and Digital Asset Fraud & Recovery conference is taking place on June 13-14, 2023, in London! The unknowns and new lessons in crypto and digital asset fraud and recovery are expanding daily. Litigators must know the finer points of cryptocurrency, blockchain,...

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum


On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following...

Coinbase and Circle cite FDIC to ensure fund recovery


Signature Bank and then Silicon Valley Bank, the traditional banking system, is experiencing one of the worst hit crises that have left customers wondering if they will ever get their funds back. For now, Coinbase has responded, saying that its users will get the funds back from Signature Bank...

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