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Can FTX Customers Expect Any Money Back?
CeFi

Can FTX Customers Expect Any Money Back?

Today we’re bringing you the most recent developments in FTX’s astonishing demise, which the Financial times has called ‘’one of the biggest financial frauds in US history’’. Many customers are still wondering how much, if any, of their money will be returned. Let’s quickly get up to date, find out what transpired in yesterday’s hearing,…
$4.2bn belongs to Celsius, not customers
Blockchains

$4.2bn belongs to Celsius, not customers

Today we’re talking about a bankruptcy Judge’s Ruling on Celsius, whose founder and ex-CEO Alex Mashinsky was sued for fraud by New York’s Attorney General just today. The Judge delivered a bittersweet ruling about customer assets, as users who may finally be able to get some of their money back may also have to pay…
2023’s First Crypto Villain
People

2023’s First Crypto Villain

Only three days into the new year, we had an admission of guilt. No, not from Sam Bankman-Fried — he pleaded not guilty at a federal courthouse in Manhattan yesterday. No, it was another crypto entrepreneur who made off with millions in customer [?] money. But the case has a couple of parallels with SBF’s…