The fine was imposed by the Board of Governors of the Federal Reserve and is related to Credit Suisse's "unsafe and unsound counterparty credit risk management practices" involving Archegos, a family office that collapsed in March 2021.
Coinlive The two companies set up a reserve agreement prior to the latter's bankruptcy.
CryptoSlateCoinlive The company had earlier laid off 20% of its workforce amidst industry headwinds in the summer of 2022.
cryptopotatoHere is a timeline of the major crypto bankruptcies in the past six months.
The BlockThe business claimed that it was unable to conduct business as usual due to “a lack of clarification on the status of FTX.com, FTX US, and Alameda.”
The Crypto StarSeveral top-tier crypto lending platforms have found themselves in a pickle lately. BlockFi is affected by the recent bankruptcy filing ...
BitcoinistA leaked investor call from Tuesday discloses that Morgan Creek Digital is attempting to collect $250 million from investors to ...
BitcoinistAt a time when a significant number of crypto platforms are struggling to remain afloat, BlockFi hopes the new credit line would help them secure user’s funds
CointelegraphThe APE price upside setup appears amid rumors that Robinhood might list ApeCoin.
Cointelegraph