Troubled

Prosecutors Expand Fraud Probe, Placing Taiwan’s ACE Exchange in Troubled Waters

Wyatt NewsonJan 24, 20242 min read

Taiwanese Prosecutors Investigate ACE Exchange President Taiwanese prosecutors are expanding their investigation into ACE Exchange and have requested the detention of Chenhuan Wang, the president of…

Report: JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup Face $24.4 Billion Risk from Surging Troubled Loans

Daisy HodleyJan 14, 20243 min read

US Banks Face Growing Risk as Bad Loans Increase The US banking industry is facing a concerning situation as the number of bad loans continues to…

Zipmex, the Troubled Exchange, Temporarily Suspends Trading in Thailand

Theon BarrettNov 25, 20232 min read

Zipmex Thailand Suspends Deposits and Trading, Citing Compliance Zipmex Thailand, a cryptocurrency exchange based in Singapore and serving Thailand, Australia, and Indonesia, has announced that it…

Genesis, a Troubled Crypto Lender, Initiates Lawsuit Against Gemini to Retrieve Funds Exceeding $689 Million

Daisy HodleyNov 24, 20232 min read

Genesis Sues Gemini to Recover Over $689 Million In an attempt to recover over $689 million in preferential transfers, crypto lender Genesis has filed a lawsuit…

Binance’s Latest Departure: Counter-Terrorism Executive Leaves Troubled Crypto Exchange

Insa MonroeNov 18, 20232 min read

Jennifer Hicks Leaves Binance After Almost Two Years Jennifer Hicks, a senior Binance counter-terrorism official, is the latest high-ranking official to depart from the world’s largest…

Hodlnaut, a Troubled Crypto Lender, Initiates Liquidation Proceedings in Singapore

Theon BarrettNov 10, 20232 min read

Hodlnaut Facing Liquidation Hodlnaut, a Singapore-based crypto lending firm, is set to be liquidated by its judicial managers, as per a document published by auditing firm…

Report: China Experiences Largest Capital Outflow in Seven Years as $5.1 Billion Leaves Troubled Stock Market

Daisy HodleyOct 24, 20232 min read

China Experiences Largest Capital Flight in Seven Years as $5.1 Billion Leaves Stock Market: Goldman Sachs According to Goldman Sachs, China is currently facing the largest…

Executive Exodus from Troubled Crypto Exchange Sees Binance UK Chief Depart

Insa MonroeOct 24, 20232 min read

Binance UK Chief Jonathan Farnell Leaves Amid Regulatory Crackdown Binance UK’s chief, Jonathan Farnell, has resigned from the troubled cryptocurrency exchange. This follows a crackdown by…

Departure of Binance France Managing Director Adds to Exodus of Key Executives from Troubled Cryptocurrency Exchange

Insa MonroeOct 20, 20232 min read

Binance France Managing Director Stéphanie Cabossioras Resigns Binance France managing director Stéphanie Cabossioras has left the company, becoming one of many senior executives to depart from…

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