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liquidation
Synthetix Founder Donated Funds to Beleaguered Ex-Treasurer: EmberCN
The former treasurer was liquidated during the weekend's crypto market plunge.
Crypto Bulls Lose $217M Amid Concern About Grayscale Outflows
Bloomberg's Eric Balchunas pointed out that GBTC shares flipped to a 0.9% discount versus net asset value amid "likely due to selling pressure."
Court Freezes $1 Billion of Assets of Three Arrows Capital Founders
The worldwide order by a British Virgin Islands court applies to Su Zhu, Kyle Davies and Davies' wife, Kelly Chen.
Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K
Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on Monday.
Bitcoin Traders Move Past $1B Liquidation Event
Market intelligence platform Santiment notes that bitcoin's (BTC) price flirted with $26,800 in the past 24-hours, as large holders are returning to the market. The comes a week after $1 billion worth of crypto futures were liquidated after a sudden sell-off that hit trading volumes and the broader market recovery. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Algorand Foundation Among Creditors Opposing Restructuring of Troubled Crypto Exchange Hodlnaut
The Algorand Foundation declared $35 million in exposure to the lender in September.
Gibraltar Court Orders Crypto Wallet Freezes as Investigators Probe Failed Trader Globix: FT
The court has ordered Binance, Crypto.com, Bitstamp and Kraken to freeze wallets or identify owners linked to the collapsed crypto trader.
Hong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin
The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said.
British Virgin Islands Court Orders 3AC Founders to Attend Examination on May 22
The Three Arrows Capital founders will be found in contempt of court if they fail to reply to the order.
Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes
Auros, the trading firm that lost $20 million in FTX’s implosion, was released from provisional liquidation by a British Virgin Island court after major debt restructuring and the investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital.
