Coverage of bankruptcies and restructurings reshaping the digital asset and financial sectors.
FTX’s fourth creditor distribution will inject roughly $2.2 billion into the market at a moment when Bitcoin is already trading under pressure from a deteriorating macro backdrop.
The comments come as Silvergate suspends crypto payments and shares fall in after hours and weekend trading another -6.4%.
Voyager said the financial regulator’s objection to Binance.US purchase of its assets were causing delays that were costing it as much as $10 million monthly.
