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Latest from Tracy Wang
TPS Capital Says It's 'Independent' From Three Arrows Capital
In a statement shared on Twitter, TPS Capital says its operations are “separate and distinct” from the beleaguered crypto hedge fund.

Binance.US Names Ex-PayPal Executive as New CFO
Jasmine Lee will replace Eric Segal, who had been chief financial officer on an interim basis since last October.

FTX Close to Buying BlockFi for Just $25M
The beleaguered crypto lender was reportedly close to finalizing a down round valuing it at $1 billion earlier this month.

Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows
FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm told its investors.

Goldman Sachs Leading Investor Group to Buy Celsius Assets: Sources
The Wall Street firm is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt.

Binance.US Targeting $50M Follow-On Raise at $4.5B Valuation
The U.S. arm of the crypto exchange giant is looking to raise additional funds after closing a $200 million seed round in April.

Bitcoin Rebounds Past $20K, Ether Soars Above $1,100
The price of bitcoin bounced 16.7% off of its Saturday lows. Ether followed with a 29% gain.

Crypto Market Tumbles as Bitcoin Breaks Previous Cycle's Highs
Bitcoin’s price fell well below $19,783, the all-time high it notched in December 2017.

Market Wrap: BTC Tumbles Further Ahead of Fed Meeting; Extreme Fear Among Traders
Bitcoin hovered around $22,000, down about 5% over the past 24 hours.

Celsius’s CEL Token Jumps 8-Fold in Intraday Spike
The lender’s token reached a high of $2.57 in what appears to be a short squeeze.
