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Coin Cafe to repay $4.3M in fees that 'wiped out' investors' Bitcoin accounts
19.5.2023
The platform was charging investors ‘exorbitant and undisclosed fees’ with one user being charged recurring fees of $51,000 over a span of 13 months, according to the statement
Three Arrows Capital's NFT Collection Set for Sotheby's Auction in Attempt to Repay Creditors
20.4.2023
Sotheby's is preparing to host an auction for a collection of non-fungible tokens (NFTs) seized from now-defunct crypto hedge fund Three Arrows Capital.
In a Wednesday press release, Sotheby's revealed that it will auction the Grails collection, which is comprised of digital artwork that belongs...
FTX EU Sets Up Website to Repay Users
31.3.2023
The European arm had only been in operation for about 8 months prior to the collapse of parent FTX
Debtors saved over $100M using de-pegged stablecoins to repay loans
14.3.2023
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar
Babel wants to repay creditors via special ‘recovery coins’: Report
6.3.2023
Babel reportedly owes $524 million worth of Bitcoin, Ether and other tokens due to “risky trading activities” by co-founder Wang Li
Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report
6.3.2023
Hong Kong-based crypto lender Babel Finance is planning on issuing a crypto-backed stablecoin in unison with a decentralized finance (DeFi) platform in an attempt to repay creditors following a $766 million loss last year
DeFi Protocol Platypus to Repay at Least 63% of User Funds After $9M Hack
23.2.2023
The Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for the exploit last week
Celsius Floats Possibility of Debt Token to Repay Creditors; Secures Court Approval to Process Customer Withdrawals
25.1.2023
The defunct crypto lender Celsius is exploring the possibility of creating a debt token to repay creditors. The plan would need to be approved by regulators, but if approved by the trustee and financial authorities, the debt token would be called an “asset share token (AST).” Celsius...
Crypto exchange Digital Surge emerges as a rare survivor of FTX fallout
25.1.2023
The Australian crypto exchange had $23.4 million of digital assets locked on FTX when it collapsed and FTX’s Australian subsidiary went into administration
New 'Celsius token' may be used to repay creditors: report
24.1.2023
It was suggested that the token could be part of a reorganization that would turn it into a publicly traded, U.S. regulated company
Dutch exchange Bitvavo rejects DCG’s proposal to repay 70% of debt
11.1.2023
After having about $290 million locked at Digital Currency Group, Bitvavo decided to prefund the assets on its own and is now looking for full repayment
Anyone Who Took Money From FTX Ought to Repay It
5.1.2023
Sam Bankman-Fried Wants to Start New Business to Repay FTX Users — ‘I’m Going to Try if I Can’
13.12.2022
Former FTX CEO Sam Bankman-Fried (SBF) has revealed that he wants to start another business in the hope of earning money to repay FTX customers. “I would give anything to be able to do that. And I’m going to try if I can,” he said. SBF Wants to Start a New Business...
Bitcoin Mining Firm TeraWulf Raises $10M in New Capital to Repay Some of Its Debts
12.12.2022
The Maryland-based mining company also said it has restructured a previous agreement with Bitmain to add 8,200 new machines to its fleet
Orthogonal Trading fails to repay a loan amount of $10M to Mapple Finance
6.12.2022
With the FTX going into bankruptcy, the overall ripple effect is seemingly carrying on, leaving its ugly mark and negative impact on all who are connected. In the latest case scenario, it happens to be Orthogonal Trading that has come under its adverse influence. For the uninitiated, this entity...
Lending Protocol TrueFi Issues Notice of Default to Invictus Capital for Failing to Repay Loan
2.11.2022
Archblock, the underwriter of the loan, will join the court-advised liquidation process in an attempt to recover assets for investors
Economist Peter Schiff Warns the US Dollar Will Crash — Says ‘We’re Going to Default’
27.10.2022
Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. is “in a much bigger fiscal mess than Great Britain,” with a much bigger debt problem, Schiff stressed: “Can we possibly repay this debt? Of course not. Repaying the debt is impossible....
Mango Markets Hacker Provides Ultimatum: ‘Repay Bad Debt’
12.10.2022
Hacker proposes to send back stolen MSOL, SOL, and MNGO if Mango Finance promises to pay back bad debt using USDC available in its treasury
LFG Slow-Walks Plan to Repay Small-Time Terra Holders, Citing Legal Threats
7.10.2022
Luna Foundation Guard previously promised to repay "small" holders of the UST stablecoin with its remaining reserves
Bitcoin Miner Marathon Digital’s Shares Downgraded After Compute North Files for Bankruptcy Protection
23.9.2022
Bitcoin mining firm Compute North filed for Chapter 11 bankruptcy protection in Texas on Thursday as the crypto winter continues to put pressure on crypto mining operations. The bankruptcy petition filed on September 22, indicates the company looks to stabilize operations in order to repay...