Bankrupt

Technology

Sources: FTX is in the process of raising $1B as Sam Bankman-Fried considers bidding for bankrupt lender Celsius Network's assets (Olga Kharif/Bloomberg)

[ad_1] Olga Kharif / Bloomberg: Sources: FTX is in the process of raising $1B as Sam Bankman-Fried considers bidding for…

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Technology

Celsius co-founder and CEO Alex Mashinsky resigns from the bankrupt cryptocurrency lender, writing his "role as CEO has become an increasing distraction" (Vicky Ge Huang/Wall Street Journal)

[ad_1] Vicky Ge Huang / Wall Street Journal: Celsius co-founder and CEO Alex Mashinsky resigns from the bankrupt cryptocurrency lender,…

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Business

Bankrupt crypto lender Voyager to sell assets to Sam Bankman-Fried’s FTX for $1.4 billion

[ad_1] Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode…

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Technology

Sources: FTX won the auction for the assets of bankrupt crypto brokerage Voyager Digital with a bid of ~$50M, a price that could climb if certain milestones met (Bloomberg)

[ad_1] Bloomberg: Sources: FTX won the auction for the assets of bankrupt crypto brokerage Voyager Digital with a bid of…

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Technology

Sources: Binance has made a leading bid of about $50M for the assets of bankrupt crypto-lender Voyager Digital, slightly higher than FTX's competing bid (Paul Vigna/Wall Street Journal)

[ad_1] Paul Vigna / Wall Street Journal: Sources: Binance has made a leading bid of about $50M for the assets…

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Technology

Court filing: Alameda Research plans to repay ~$128M in bitcoin and ~$70M in ether to bankrupt crypto lender Voyager and will reclaim ~$160M in collateral (Ryan Weeks/The Block)

[ad_1] Ryan Weeks / The Block: Court filing: Alameda Research plans to repay ~$128M in bitcoin and ~$70M in ether…

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Technology

A profile of Celsius CEO Alex Mashinsky, as the company goes bankrupt; sources say he is a brash entrepreneur with a history of unhappy investors and colleagues (Wall Street Journal)

[ad_1] Wall Street Journal: A profile of Celsius CEO Alex Mashinsky, as the company goes bankrupt; sources say he is…

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Technology

Brian Armstrong says there's "no risk of bankruptcy" after Coinbase said in its filing that its users might lose all their crypto if the exchange goes bankrupt (Financial Times)

[ad_1] Financial Times: Brian Armstrong says there’s “no risk of bankruptcy” after Coinbase said in its filing that its users…

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UK

Activists disrupt Priti Patel speech in protest over ‘morally bankrupt’ Rwanda plan

[ad_1] A group of activists disrupted a speech by Priti Patel at a Conservative event to protest the government’s controversial…

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