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Nalezeno "Crypto lender": 358

Ex-Cred execs plead guilty to wire fraud over $150M crypto collapse


Two former executives of the bankrupt crypto lending service Cred have pleaded guilty to wire fraud connected to the company’s collapse.Former Cred CEO Daniel Schatt and chief financial officer Joseph Podulka admitted to wire fraud as part of a plea deal with prosecutors, according to a...

Former execs of crypto lender Cred cop to wire fraud


Two former executives of the bankrupt crypto lending service Cred have pleaded guilty to wire fraud connected to the company’s collapse.Former Cred CEO Daniel Schatt and chief financial officer Joseph Podulka admitted to wire fraud as part of a plea deal with prosecutors, according to a...

Crypto Lender Ledn Processes Over $1 Billion Loans in First Half of 2024


Ledn, a crypto lending platform, announced that it has processed over $1.16 billion in loans during the first half of 2024. This includes a notable 29.8% quarter-over-quarter growth in retail lending, driven by investor strategies and market dynamics such as the recent Bitcoin halving and the rise...

Genesis Returns $2.2B in Crypto Assets to Lending Program Participants


Defunct crypto lender Genesis distributed $2.18b worth of crypto to 232,000 users enrolled in Gemini Earn, an interest-accruing lending program. The distribution followed a New York bankruptcy judge approving the Chapter 11 plan last week. The post Genesis Returns $2.2B in Crypto Assets to Lending...

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