Bookmarking Crypto Insights
Auto Added by WPeMatico
After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the … Read more
The Celsius Official Committee of Unsecured Creditors hosted a two-hour town hall shortly after the filing of the Celsius examiners’ report. Go to Source Powered by WPeMatico
On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking to recover approximately $445.8 million from Voyager and HTC. Legal Battle Erupts Over Crypto Asset … Read more
Crypto blogger Tiffany Fong has shared documents she claims to have obtained in late December detailing several bids for Celsius’ crypto assets. Go to Source Powered by WPeMatico
While the Ad Hoc Committee does not want to prevent the sales from occurring, it argued it needs to be involved to ensure that customers’ interests are represented. Go to Source Powered by WPeMatico
The South Korean government is mulling over how to cash out the cryptocurrency it recently confiscated. While the most likely option is to auction the coins off using the government-owned auction platform, various concerns have been raised. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cashing Out BTC The South Korean government is contemplating … Read more
