Settlement

Genesis Creditors Question the Validity of DCG’s Assertion of Complete Debt Settlement, Stirring Up Controversy

Wyatt NewsonJan 10, 20243 min read

Digital Currency Group Faces Allegations of Unfulfilled Repayment to Genesis Global An ad hoc group of lenders has accused Digital Currency Group (DCG) of failing to…

Fred Rispoli Addresses Speculation on Settlement Rumours Amid SEC’s Ripple Case Silence

Cino GaperiJan 9, 20242 min read

SEC’s Unusual Lack of Motions Sparks Speculation You might have noticed the lack of recent motions from the SEC in the Ripple lawsuit, raising questions about…

Settlement of Over $1 Billion in Debt, Including $700 Million Owed to Bankrupt Genesis, by Digital Currency Group

Wyatt NewsonJan 8, 20242 min read

Digital Currency Group Repays $1 Billion Debt, Including Genesis’ Outstanding Balance Digital Currency Group (DCG) has successfully settled over $1 billion in debt, including the substantial…

Settlement of Short-Term Debts to Dissolved Crypto Lender Genesis Finalized by DCG

Blount CharlestonJan 7, 20243 min read

DCG Resolves Debts Amid Turbulence in the Crypto Sector The Digital Currency Group (DCG), a major player in the cryptocurrency sector, has achieved a significant milestone…

Breaking News: FTX Divests $100 Million Share to Dave at $71 Million in Legal Settlement

Gapster InnesJan 5, 20242 min read

Dave Distances Itself from Troubled FTX Fintech firm Dave has announced its plan to repurchase a $100 million convertible promissory note from FTX Ventures, the venture…

FTX’s Debtors Suggest Settlement for Litigation Involving $220 Million Embed Acquisition

Blount CharlestonDec 27, 20233 min read

The Ongoing FTX Bankruptcy Saga Takes a New Turn The latest developments in the FTX bankruptcy case involve the acquisition of the stock-clearing platform Embed. FTX…

Revealing Ripple CLO Stuart Alderoty’s XRP Settlement with SEC Prior to 2020 Lawsuit

Cyrus DaileyDec 27, 20232 min read

SEC Requested Ripple to Confirm XRP’s Security Status In 2020, Ripple’s Chief Legal Officer Stuart Alderoty stated that the US Securities and Exchange Commission (SEC) formally…

Double Payments in Mt. Gox Creditors’ Settlement Funds Revealed as Exchange Seeks Remediation

Wyatt NewsonDec 27, 20233 min read

Mt. Gox Encounters Payment Error During Creditor Repayments Mt. Gox, the cryptocurrency exchange that collapsed in 2014, is facing a new hurdle as it tries to…

Settlement Reached in Embed Proceeding between Former FTX CEO Sam Bankman-Fried and Debtors

Wyatt NewsonDec 26, 20233 min read

FTX Reaches Settlement Agreement in Embed Proceeding The bankrupt crypto exchange FTX has reached a settlement agreement with its founder Samuel Bankman-Fried and others regarding claims…

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