crypto collapse

Sequoia Capital Reportedly Downsizes 2 Major Funds
Sequoia Capital Reportedly Downsizes 2 Major Funds
July 27, 2023  |  Investments

Silicon Valley venture firm Sequoia Capital has reportedly downsized two major funds due to the downturn in the startup market. In a move reflecting the changes...

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Report: Prosecutors Want Sam Bankman-Fried’s Bail Revoked
Report: Prosecutors Want Sam Bankman-Fried’s Bail Revoked
July 26, 2023  |  Cryptocurrency

Prosecutors reportedly told a judge Wednesday (July 26) that FTX founder Sam Bankman-Fried’s bail should be revoked and he should be sent to prison until...

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An American Revolution — How US Crypto Policy Diverges From Rest of World
An American Revolution — How US Crypto Policy Diverges From Rest of World
July 04, 2023  |  Cryptocurrency

There will be no fireworks for the digital asset sector this July Fourth.  It’s looking like the course du jour being cooked on the grill...

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FTX Bankruptcy Expenses Exceeded $200 Million in First 90 Days
FTX Bankruptcy Expenses Exceeded $200 Million in First 90 Days
June 21, 2023  |  Cryptocurrency

The absence of corporate records is reportedly making FTX’s bankruptcy “very expensive by any measure.” During the first 90 days of the cryptocurrency exchange’s bankruptcy proceedings,...

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Ruling: FTX Can Redact Customer Names in Bankruptcy Case
Ruling: FTX Can Redact Customer Names in Bankruptcy Case
June 11, 2023  |  Cryptocurrency

FTX has won permission to redact customer names from filings in its bankruptcy case. The ruling, handed down Friday (June 9) in federal court, came after...

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Report: FTX Sues for $240 Million Paid for Stock Trading Platform
Report: FTX Sues for $240 Million Paid for Stock Trading Platform
May 18, 2023  |  Cryptocurrency

FTX is reportedly working to get back the more than $240 million it paid for stock trading platform Embed. The bankrupt cryptocurrency exchange filed three lawsuits...

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Binance Reverses Course and Abandons $1 Billion Voyager Deal
Binance Reverses Course and Abandons $1 Billion Voyager Deal
April 25, 2023  |  Cryptocurrency

Crypto exchange Binance.US has terminated its agreement to purchase bankrupt crypto firm Voyager Digital. The move comes just days after federal regulators dropped their ongoing...

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Tribe Capital Reportedly Interested in Reboot of FTX Crypto Exchange
Tribe Capital Reportedly Interested in Reboot of FTX Crypto Exchange
April 18, 2023  |  Cryptocurrency

Tribe Capital is reportedly interested in joining a potential reboot of FTX’s cryptocurrency exchange. The venture capital (VC) firm is considering leading a $250 million...

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Crypto ATM Operator Cash Cloud Files for Bankruptcy
Crypto ATM Operator Cash Cloud Files for Bankruptcy
February 08, 2023  |  Cryptocurrency

Crypto ATM operator Cash Cloud has filed for bankruptcy with at least 5,000 creditors. The firm, which does business as Coin Cloud, has assets between...

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