bankruptcy

Why Are US Regulators Cracking Down on BlockFi?
First Mover Americas: BlockFi the Latest Chapter (11) in FTX Saga
The latest price moves in crypto markets in context for Nov. 29, 2022.
Why Are US Regulators Cracking Down on BlockFi?

Silvergate Bank HQ (CoinDesk)
Crypto Bank Silvergate Says Its BlockFi Digital Asset Deposit Exposure Totals Less Than $20M
The bank's shares closed down 11% to $25.90 on Monday, after BlockFi bankruptcy filing.
Silvergate Bank HQ (CoinDesk)

BlockFi advertisement in Washington D.C.'s Union Station (CoinDesk archives)
BlockFi Files for Bankruptcy as FTX Contagion Spreads
BlockFi received a $400 million line of credit from FTX earlier this year.
BlockFi advertisement in Washington D.C.'s Union Station (CoinDesk archives)

CDCROP: Photo of FTX website (Rob Mitchell/CoinDesk)
Bahamas Securities Regulator Blasts 'Inaccurate' Accusations Made by FTX
The Securities Commission of The Bahamas said FTX misrepresented the regulator's move to secure the embattled exchange's assets against hacks in bankruptcy court filings in the U.S.
CDCROP: Photo of FTX website (Rob Mitchell/CoinDesk)

CDCROP: Sam Bankman-Fried and Bill Clinton at the Crypto Bahamas conference in Nassau in April 2022 (Danny Nelson/CoinDesk)
Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Internal Letter
The former FTX CEO did not address concerns about customer funds being misappropriated or other recent revelations about the company.
CDCROP: Sam Bankman-Fried and Bill Clinton at the Crypto Bahamas conference in Nassau in April 2022 (Danny Nelson/CoinDesk)

CDCROP: Crypto Exchange FTX Grapples With 'Liquidity Crunch' As Binance Deal Fades (Leon Neal/Getty Images)
Lawyers Detail the ‘Abrupt and Difficult’ Collapse of FTX in First Bankruptcy Hearing
FTX’s lawyers say former CEO Sam Bankman-Fried ran the exchange like his own “personal fiefdom,” allowing executives to use customer funds to purchase luxury real estate.
CDCROP: Crypto Exchange FTX Grapples With 'Liquidity Crunch' As Binance Deal Fades (Leon Neal/Getty Images)

CDCROP: Sam Bankman-Fried sticking his tongue out while at Crypto Bahamas (Danny Nelson/CoinDesk)
Bahamas FTX Liquidators Agree to Transfer Bankruptcy Case to Delaware
Court-appointed liquidators for FTX in the Bahamas had filed a separate suit in a New York court, while the exchange had filed for bankruptcy protection in Delaware.
CDCROP: Sam Bankman-Fried sticking his tongue out while at Crypto Bahamas (Danny Nelson/CoinDesk)

Markets Daily Podcast Cover
Crypto Update | What Investors and Accountants Missed in FTX’s Audits (Pt. 1)
With bitcoin falling to a fresh two-year low as crypto traders speculate over the future of Genesis Global, plus a look at some warning signs we missed from FTX’s collapse, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Markets Daily Podcast Cover

Former FTX CEO Sam Bankman-Fried in the Bahamas (Danny Nelson/CoinDesk)
FTX Must Pay Expenses Incurred by Bahamas Regulator for Holding the Exchange's Digital Assets
The Securities Commission of the Bahamas last week ordered the contents of FTX's crypto wallets to be transferred to government-controlled wallets.
Former FTX CEO Sam Bankman-Fried in the Bahamas (Danny Nelson/CoinDesk)

CDCROP: GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)
Genesis Bankruptcy Jitters Send Bitcoin to Fresh Low
The troubled crypto brokerage is in talks with potential investors for at least $1 billion in fresh capital, according to a Bloomberg report.
CDCROP: GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)