Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide Bankruptcy News
Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
Babel lost over $280M trading with customer funds; wants to raise up to $300M
Babel's restructuring proposal showed the proprietary trading team failed to hedge risks and operated without supervision or a trading cap.

Tether’s $840M Celsius loan liquidation poses legal troubles
Celsius legal representatives are asking whether the bankrupt lender could be able to recover the value of the collateral sold by Tether.

The downfall of Three Arrows Capital (3AC): What went wrong?
Three Arrows Capital (3AC) was founded in 2012 by Kyle Davies and Su Zhu, who attended Columbia University together and later worked as colleagues at banking giant Credit Suisse.






















