DCG Opposes Genesis Global Capital’s Bankruptcy Plan Digital Currency Group (DCG) is strongly against the bankruptcy plan proposed by its subsidiary, Genesis Global Capital. DCG argues…
NYCB’s Bankruptcy Scenario by Arthur Hayes The credit rating of New York Community Bankcorp (NYCB) was recently downgraded to junk, indicating significant financial risks and governance…
Major Banking Collapse Predicted by Arthur Hayes Arthur Hayes believes the recent downgrade of New York Community Bankcorp (NYCB) to ‘junk’ status will lead to a…
Judge Approves Settlement of Counterclaims Between Three Arrows Capital and BlockFi A judge has given the green light to a settlement agreement between bankrupt crypto hedge…
Vast Bank’s Exit from Cryptocurrency Market and Closure of Crypto App Vast Bank, based in Oklahoma, United States, has made the decision to leave the cryptocurrency…
Digital Currency Group Objects to Genesis’ Bankruptcy Plan Digital Currency Group (DCG), the parent company of bankrupt crypto lender Genesis Capital, has filed an objection to…
Federal Reserve Terminates Enforcement Action Against Farmington State Bank The Federal Reserve has officially ended its enforcement action against Farmington State Bank, a former financial institution…
Federal Reserve’s Termination of Enforcement Action The Federal Reserve has officially ended its enforcement action against Farmington State Bank, a former financial institution associated with the…
Farmington State Bank Completes Wind-Down Plan The Federal Reserve has announced that Farmington State Bank, affiliated with FTX, has successfully completed its wind-down plan and is…