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Former Cred execs face wire fraud and money laundering charges
4.5.2024
After attending their initial court appearance on May 2, the former CEO and CFO of Cred must enter their plea on May 8
Former Cred Executives Indicted on Wire Fraud, Other Charges
4.5.2024
Daniel Schatt, a Cred co-founder and former CEO, Joseph Podulka, former CFO, and James Alexander, the former chief capital officer, were indicted by the U.S. Attorney's Office in the Northern District of California
Uphold exchange denies owing millions to failed crypto lender Cred
12.1.2023
Cred sued Uphold in June 2022 over a jointly promoted crypto yield product called CredEarn
Case examiner says Cred platform hired escaped prisoner as CFO
10.3.2021
Cred’s former Chief Financial Officer, James Alexander, has been identified by U.K. authorities as a prison escapee who was convicted for financial crimes
Here’s What Happened at Crypto Lender Cred’s Latest Bankruptcy Hearing
19.12.2020
Judge John Dorsey of the Delaware Bankruptcy Court rejected a motion to appoint a Chapter 11 trustee to oversee Cred’s restructuring
Judge rejects motion to freeze Cred's crypto assets in bankruptcy case
26.11.2020
A U.S. bankruptcy judge has rejected a motion to freeze the assets of beleaguered crypto lending service that was filed by its users
Bad Loans, Bad Bets, Bad Blood: How Crypto Lender Cred Really Went Bankrupt
12.11.2020
Cred’s bankruptcy filing mainly blames fraud by an outside party. The full picture painted by former employees is more complex, and highlights the risks of the budding crypto lending market
Cred customers demand answers after platform files for bankruptcy
9.11.2020
“We just want to know that our funds are safe,” said one Cred user
Crypto Lender Cred Files for Bankruptcy
8.11.2020
In October, the lender published a cryptic letter saying that it has experienced “irregularities” in the handling of “specific” corporate funds by a “perpetrator of fraudulent activity.”
Cred Says Fraudulent Activity Led to Loss of Funds; Law Enforcement Investigating
28.10.2020
Decentralized lending platform Cred says it's cooperating with law enforcement over a "loss of funds."
Visa Adds Crypto Lender Cred to Fast Track Payments Program
8.9.2020
Decentralized lending platform Cred is the latest crypto firm to join Visa’s Fintech Fast Track Program with the goal of scaling faster
Digital assets firm Cred eyes global expansion using Visa's network
8.9.2020
Crypto borrowing and lending platform Cred has joined Visa’s Fintech Fast Track program to further the adoption of DeFi loans
Cred to enable in-app staking through Klever wallet
31.8.2020
Crypto wallet app Klever will allow users to stake cryptos in Cred’s staking programs from within the wallet
Bitcoin.com Wallet Launches Cred’s 1-Touch “Earn” Button
23.8.2020
Bitcoin.com, a global blockchain leader with over 11 million Bitcoin wallets, and Cred, a global blockchain-enabled financial services platform serving clients in 190 countries, today announced a major milestone in their ongoing strategic partnership. The latest Bitcoin.com wallet now features...
Markets.Bitcoin.Com Holds Fort as Coinmarketcap Temporarily Goes Offline
14.8.2020
Coinmarketcap (CMC) temporarily went offline Thursday, August 13 and normal service only resumed some hours later, but not before inconveniencing a number of regular users. Crypto investors accustomed to CMC’s service scrambled to find reliable alternative sources of fresh market data. During...
Passive Income via Digital Wealth: A Deep Dive Into Crypto Earning, Staking, Interest Bearing Accounts
12.8.2020
During the last two years investment vehicles that allow crypto asset holders to gather yields have grown exponentially and anyone can make passive income with a number of avenues. Staking validators, decentralized finance (defi) lending services, and interest rate earning accounts provide digital...
Cred Taps Former NSA, Western Union Bosses for Leadership Team
23.6.2020
Crypto lender Cred is bolstering its technical knowledge by bringing on an experienced CISO and CTO
10 Loan Providers Taking Crypto as Collateral, If You Think the Time Is Right for Hodling
21.3.2020
If you are not ready to part with decentralized money, at a time when prices are relatively low, but need some fiat cash to cover costs in times of crisis, crypto-backed loans are a working solution. A number of platforms offer this type of service and their popularity is growing among...
Crypto Lender Cred Is Offering Investors 10% Interest With Spencer Dinwiddie Partnership
20.3.2020
Crypto investors can "pledge" five different cryptos, including two stablecoins, to Cred and earn up to 10 percent interest in a new partnership with NBA star Spencer Dinwiddie
Cred Now Enables LTC Holders to Earn Up to Ten Percent Interest on Their Digital Assets
12.2.2020
Cred, a licensed crypto-backed lending and borrowing platform based in California, now supports litecoin. The service will allow LTC holders to earn up to ten percent interest through any of its partners including the Litecoin Foundation, Bitcoin.com, Uphold, and Bitbuy. Since July 2019 Cred allows...