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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Visa recently announced its initiative to experiment with USDC settlement payments via the Solana blockchain. In a press release, Visa claimed it would allow USDC settlement payments through the Solana blockchain on Sept. 5. The company will
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Amidst speculation regarding a potential resolution between Ripple and the United States Securities and Exchange Commission (SEC), attorney John Deaton, representing numerous XRP token holders, has outlined the possible steps the two parties might take if they opt for a settlement.Addressing the factors that might impact a potential settlement between
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“[Genesis], by entering into the Proposed Settlement, have sought to buy the support of the FTX Debtors, and their votes,” said a Thursday filing by a set of creditors which calls itself the Fair Deal Group. “This is, of course, a perversion of the Chapter 11 process.” Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied DCG and its subsidiary, Genesis, reached a pivotal legal agreement that may reimburse creditors up to 90% and stabilize the volatile cryptocurrency market. In a pivotal development, Digital Currency Group (DCG) and its subsidiary, Genesis, have reached
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Fineqia International’s Matteo Greco comments on Bittrex’s $24 million SEC settlement, drawing parallels with ongoing cases involving crypto giants Coinbase and Binance. Bittrex’s recent $24 million agreement with the SEC mirrors the one currently involving Coinbase and
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A lot of put options are in-the-money, crypto options exchange Deribit's Lin Chen said. Source
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Despite criticizing the U.S. Trustee as the "sole objector to the Motion" seeking to "inject itself into a routine settlement process that is already adequately safeguarded by two different creditor committees," the debtors motion said it was proposing revisions in an effort to address the concerns. Source
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FTX, the troubled cryptocurrency exchange, and its CEO John J. Ray III have filed a motion seeking to reach a settlement of $176 million with Genesis entities. As per a legal document, FTX Trading and related debtors have formally requested a court mandate to resolve their disagreement with Genesis entities, aiming
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Bankrupt crypto lender Celsius can start sending out ballots to its customers for a vote on a proposed settlement plan that would see a consortium called Fahrenheit buy Celsius’ assets and launch a new company. That company would distribute Celsius assets and equity in the new company to its customers. Judge
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Digital assets exchange, Bittrex, alongside its former CEO William Shihara, has reached a $24 million agreement with the US SEC amid registration issues. The SEC lodged its complaint in the US District Court for the Western
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