Bankrupt crypto lender Genesis has filed a motion to extend the exclusivity period for its reorganization plan by 100 days. Why Genesis sought an extension In a May 19 court filing to the United States Bankruptcy Court for the Southern District of New York, the bankrupt lender, said it needed the extension “to achieve a…
Voyager intends to start returning customer funds in coming weeks
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Bloomberg, others ask court to release FTX customer details
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FTX seeks to claw back $3.9B from Genesis; undersold SUI contracts by 1000x
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Mashinsky argues Celsius Earn account are not securities
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Hoskinson: ‘I’d rather be a crypto guy than a banker right now’
Input Output (IO) CEO Charles Hoskinson said he would “rather be a crypto guy than a banker right now.” During an appearance on Fox Business, Hoskinson shared his thoughts on the current banking crisis and its impact on the cryptocurrency world — telling host Maria Bartiromo that crypto is “holding steady and stable” despite last…
Binance’s CZ: Crypto winning isn’t dependent on banking failures
Binance CEO Changpeng Zhao (CZ) said we should not rely on banking collapses for Bitcoin’s success. “From a crypto community perspective, we should not rely our success on the failure of others.” During a Twitter AMA, a question on banking failures benefiting Bitcoin cropped up. In response, CZ said he believes banking and crypto can…
Genesis to enter mediation with creditors to continue restructuring plan
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FTX confirms plans to restart its Japanese exchange
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FTX takes control of NFTs worth over $4M
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