Track debt-related crypto news, leverage risks, credit exposure, and how liabilities affect markets, firms, and on-chain systems.
Poolin’s 11,700 wallet creditors still face separate debtor estates, competing claims, and court costs before any recovery can be calculated.
The bridge allowed payment through Aug. 1, while the proposed Arch facility's BTC amount, LTV and liquidation terms remained undisclosed.
The original FET-backed notes are gone, while a separate $2 million secured note arrived in July.
Tether’s attestations imply a $4.2 billion Q2 financial hit, cutting its reserve cushion to $4.1 billion, or 2.2% of liabilities.
LlamaRisk would freeze new activity, redirect nearly all interest revenue to the treasury, and reserve stronger unwind levers for later.
The $1.4 million unsecured note repays principal in 2.2273 million shares, with no disclosed release mechanism or price floor.
Borrowings reached £847,000 at period end, while an uncompleted lender switch is management’s preferred alternative to more asset sales.
Behind Wall Street’s $67 billion Bitcoin experiment lies a math problem that triggers at $39,900.
MSTR’s July 24 close indicates a $217 return per $1,000 note, pending GS&Co.’s final calculation.
