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Settlement
FTX reaches settlement with BlockFi, may pay up to $874 million
Bankrupt crypto companies FTX and BlockFi have resolved their disputes stemming from the companies' collapses in 2022, with FTX agreeing to pay BlockFi up to $874 million, according to court documents filed on Wednesday.
The settlement…
DCG Calls Out Subsidiary Genesis’ Settlement With New York as ‘Subversive’
Digital Currency Group (DCG) is objecting to the settlement between the New York attorney general and Genesis – the failed crypto lender that was among DCG's array of digital assets businesses.Genesis "cannot, under the guise of a…
Russian Central Bank: Bitcoin, Crypto Payments For International Settlement Is “Possible”
The Central Bank of Russian Federation recently discussed using bitcoin and other cryptocurrencies for international settlement.Currently, the central bank holds that Russia should only use the assets for international settlement, not!-->…