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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A bankruptcy judge has ruled that transfers made as of November 10, 2021 by the cryptocurrency firm BlockFi are void. Therefore, the customers who attempted to retrieve almost $300 million in crypto following the freezing of transfers
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“The court finds that all digital assets held by the debtors in custodial omnibus wallets are indeed client property, and not property of the bankruptcy estates, subject, of course, to possible avoidance and clawback rights,” Kaplan said, but had less happy news for BIA customers. Original Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BlockFi customers want $375m in various crypto assets to be considered as their property in the ongoing Chapter 11 bankruptcy case. This comes after a group of customers argued in court that the eight-day delay in shutting
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Paypal announced plans to roll out a feature that allows over 70 million Venmo users to transfer cryptocurrencies to each other natively on the Venmo app. Users will also be able to transfer to external wallets
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The partners assured customers they could reach their financial ambitions starting with as little as €1. A unit of Raiffeisen Bank in Vienna has partnered with crypto company Bitpanda to offer cryptocurrencies to banking customers. As the Vienna-based unit of Raiffeisen Bank and Bitpanda came together to provide crypto to the
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“What we're seeing is a growing realization that the most successful regulatory regimes are ones that have created a framework for crypto on a bespoke basis,” Linch said. “Now, that's why we're regulated in Liechtenstein in Bermuda, because what those jurisdictions did really early on, is really get to grips
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“Examination of the partnership with Bitpanda aims to add an innovative, secure aspect to our product range and to enable all customers to easily accumulate wealth,” said a statement by Michael Höllerer, General Director of Raiffeisenlandesbank NÖ-Wien, which groups the bank’s operations in the Austrian capital and surrounding region. Source
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“We have seen banks make crypto available to their clients before, and the next thing they want is staking and so on,” said Jost. “I can certainly confirm PostFinance has a roadmap, and it’s a case of start with buy, hold and sell to sort of grease the wheels within
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Tether CTO Paolo Ardoino, in response to the article, said the company has no exposure to Signature Bank. Source
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“The continual inflow of institutional volume to Copper’s ClearLoop demonstrates the industry’s drive to meet high standards for asset security and trading,” Copper CEO Dmitry Tokarev said in the statement. “OKX is an essential trading venue for institutional investors, who will now be able to manage their assets efficiently thanks
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