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” Argo Blockchain reports insufficient funds, ‘no assurance’ it can avoid Chapter 11 bankruptcy “ Crypto mining firm Argo Blockchain has reported it had been negotiating to sell assets and “engage in an equipment financing transaction” in an effort to avoid filing for bankruptcy. In a Dec. 12 announcement, Argo Blockchain said it was at…
” Arthur Hayes: Bitcoin bottomed as ‘everyone who could go bankrupt has gone bankrupt’ “ Arthur Hayes, the former CEO of crypto derivatives platform BitMEX, thinks the worst might be over for Bitcoin (BTC) this cycle as the “largest most irresponsible entities” have run out of BTC to sell. “Looking forward, pretty much everyone who…
” Former top SEC crypto regulator hired by Caroline Ellison “ A former top crypto regulator in the United States Securities and Exchange Commission (SEC) will represent Caroline Ellison, ex-Alameda Research CEO, in an ongoing federal probe, according to a report from Bloomberg on Dec. 10. Caroline will be represented by Stephanie Avakian and a…
” Kevin O’Leary lost the $15M he was paid to be FTX’s spokesperson “ Shark Tank star and investor Kevin O’Leary, known in some circles as Mr. Wonderful, has claimed he has all but lost the $15 million FTX paid him to be its official spokesperson. Speaking at CNBC’s Squawk Box on Dec. 8, O’Leary…
“FTX’s Sam Bankman-Fried faces probe over Luna cryptocurrency crash” The feds are reportedly investigating whether beleaguered FTX founder Sam Bankman-Fried manipulated the market for two cryptocurrencies that crumbled earlier this year – eventually resulting in the downfall of his own company. Prosecutors are examining whether Bankman-Fried engaged in illicit trading activity to drive down the…
” Bankruptcy judge orders $44M in crypto to be returned to Celsius customers “ Own this piece of crypto history If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If…
“FTX’s Sam Bankman-Fried just hired Ghislaine Maxwell’s defense attorney” Beleaguered FTX founder Sam Bankman-Fried has reportedly tapped a key member of convicted sex offender Ghislaine Maxwell’s legal team to represent him following the collapse of his cryptocurrency empire. Bankman-Fried hired Mark S. Cohen, a managing partner and co-founder of the Cohen & Gresser law firm…
“How FTX brass racked up a $55K debt at ‘Margaritaville’ resort in Bahamas” FTX brass and employees spent a large amount of time and money wasting away in Margaritaville — before reportedly stiffing the Jimmy Buffett-themed resort in the Bahamas for more than $50,000. The crypto crew racked up a $55,319 unpaid tab this year…
” 3AC subpoenas issued as dispute grows over claims of Terraform dump “ Own this piece of crypto history If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If you…
“Sam Bankman-Fried claims new FTX CEO John Ray made ‘false’ claims in court filings” Disgraced FTX founder Sam Bankman-Fried lashed out at the company’s new CEO John Ray, alleging he has made “false” statements in court filings during the company’s contentious bankruptcy proceedings. Ray, who is tasked with steering FTX through intense legal and regulatory…