Insolvency.
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The Auction for Celsius Has Begun – What Does It Mean for Investors?
On April 27th, it was reported that according to a tweet from the official committee of unsecured creditors of Celsius, the auction for Celsius had already started at 23:30 Beijing
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PwC’s FTX Digital Issues Email to Users to Register Contact Information for Provisional Liquidation
On April 21st, PwC\’s official website reported that PwC, on behalf of FTX Digital (a Bahamian entity), has issued an email to users advising them to register to ensure that the joi
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#Balaji Srinivasan’s Controversial Statement about Savers and Banks
According to reports, Balaji Srinivasan, a former CTO of Coinbase, wrote on social media that people at the International Monetary Fund believe that people should be \”smart\” as sav
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Signature Bank Shut Down by US Regulators Sends a Message Against Encryption
On March 14, Barney Frank, a member of the Board of Directors of the Crypto Friendly Bank Signature Bank and a former US congressman, said that the sudden announcement of the takeover of Signature by the US regulators on Sunday night shocked the executives of the bank, Signature executives have explored “all ways” to improve the status quo, including finding more capital and evaluating the interests of potential acquirers. He said that by Sunday, the outflow of deposits had slowed, and executives believed that they had stabilized the situation. On the contrary, the senior management of Signature has been immediately dismissed and the bank closed on Sunday. Frank believed that part of the reason for this was that regulators wanted to send very strong anti-encryption messages, and said that “the reason why we became a typical representative was that there was no insolvency in the fundamentals”. Member of the Board of Directors of Signature: the bank is not insolvent, is…
