Silvergate Capital files for Chapter 11 bankruptcy in Delaware
The parent company of Silvergate Bank has listed assets ranging from $100 million to $500 million and liabilities between $10 million and $50 million.
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The parent company of Silvergate Bank has listed assets ranging from $100 million to $500 million and liabilities between $10 million and $50 million.
FTX debtors will pay Emergent $14 million to cover administrative expenses in exchange for the firm withdrawing any claims to $600 million in Robinhood shares […]
The company was authorized to choose between receiving $30 million or 500 Bitcoin loan from Galaxy Digital.
Rhodium’s debts range between $50 million and $100 million, while its total assets are estimated between $100 million and $500 million.
The assets in question were evidently given to Tether as collateral.
In a January open letter, Gemini co-founder Cameron Winklevoss accused entities related to Genesis of inflating their assets.
Mt. Gox creditors aren’t selling their Bitcoin, despite preliminary concerns that 99% of them could be looking to offload BTC.
The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors.
The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal.
BTC derivatives continue to show moderate bullishness, creating a positive outlook for reclaiming $60,000 soon.
