Search Results for: unsecured

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

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Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one…

Miljardär hoiatab peatse panga jooksmise eest, kui valitsus ei suuda tagada kõiki SVB hoiuseid

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Billionaire Bill Ackman has warned of “vast and profound” consequences of the U.S. valitsus üürib Silicon Valley panga (SVB) ebaõnnestuda ilma kõiki hoiustajaid kaitsmata. “No company will take even a tiny chance of losing a dollar of deposits as there is…

Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power

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According to Lynette Zang, chief market analyst at ITM Trading, USA. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. Hiljutises intervjuus, Zang discussed how the purchasing power of the U.S. dollar has…

JPMorgan Hires Former Executive of Bankrupt Crypto Firm as Head of Digital Assets Regulatory Policy

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JPMorgan Chase & Co. has hired bankrupt crypto lender Celsius Network’s former head of policy and regulatory affairs as its new head of digital assets regulatory policy. The move followed JPMorgan CEO Jamie Dimon telling U.S. Congress that crypto tokens, like…

FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy ‘Hundreds of Millions’ to Help Crypto Industry

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The founder and CEO of the leading exchange FTX, Sam Bankman-Fried has offered to give early liquidity to Voyager Digital’s customers, according to an announcement FTX published on July 22. Lisaks, Bankman-Fried discussed the crypto industry with CNBC in an exclusive…

Fitch Ratings Downgrades El Salvador Deeper Into Junk Status Citing Bitcoin Risks

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One of the largest rating agencies in the U.S., Fitch Ratings, has downgraded El Salvador’s long-term default rating deeper into junk status, citing risks from adopting bitcoin as legal tender as a key reason. “The adoption of bitcoin as legal tender…

Digitaalse ümberkujundamise komitee soovitab vastu võtta muudetud Ukraina krüptoseadust

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Seadus “Virtuaalsete varade kohta,” Ukraina’s katse reguleerida oma kasvavat krüptoruumi, on uuesti läbi vaadatud ja soovitatud lõplikuks vastuvõtmiseks. A key parliamentary committee has given its support for the bill which was vetoed by the Ukrainian president this…