assets
- Technology
Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture assets, estimated to be worth ~$500M, to raise cash (Nikou Asgari/Financial Times)
Nikou Asgari / Financial Times: Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture…
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Sources: Alameda invested $1.1B in bitcoin miner Genesis Digital, including $500M to buy co-founders' shares; Genesis is among FTX's largest bankruptcy assets (Wall Street Journal)
Wall Street Journal: Sources: Alameda invested $1.1B in bitcoin miner Genesis Digital, including $500M to buy co-founders’ shares; Genesis is…
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A breakdown of Binance's known assets, using data from Nansen and others, estimates the exchange has around $50B, including ~$10B in BNB, down 24% from November (Javier Paz/Forbes)
Javier Paz / Forbes: A breakdown of Binance’s known assets, using data from Nansen and others, estimates the exchange has…
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Officials say the US DOJ has seized or is in the process of seizing assets linked to FTX, including ~$450M in Robinhood shares whose ownership is being disputed (Jack Schickler/CoinDesk)
Jack Schickler / CoinDesk: Officials say the US DOJ has seized or is in the process of seizing assets linked…
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FTX says it would seek the return of its digital assets held by the Bahamas, claiming the value to be $296M when transferred on November 12 and now worth $167M (Nathan Crooks/The Block)
Nathan Crooks / The Block: FTX says it would seek the return of its digital assets held by the…
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Bahamas' Securities Commission says it is holding FTX assets worth $3.5B on a temporary basis and plans to deliver them to customers and creditors who own them (Reuters)
Reuters: Bahamas’ Securities Commission says it is holding FTX assets worth $3.5B on a temporary basis and plans to deliver…
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India says it will prioritize the development of global regulation of unbacked crypto assets, including their possible prohibition, under its G20 presidency (Manish Singh/TechCrunch)
Manish Singh / TechCrunch: India says it will prioritize the development of global regulation of unbacked crypto assets, including their…
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Source: the DOJ launches a criminal investigation into $370M+ in assets stolen from FTX as the exchange collapsed, separate from its fraud case against SBF (Ava Benny-Morrison/Bloomberg)
Ava Benny-Morrison / Bloomberg: Source: the DOJ launches a criminal investigation into $370M+ in assets stolen from FTX as the…
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President Jair Bolsonaro signs into law Brazil's first crypto framework, which defines digital assets and provides ground rules for crypto brokerages (Bloomberg)
Bloomberg: President Jair Bolsonaro signs into law Brazil’s first crypto framework, which defines digital assets and provides ground rules for…
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