Tag: Liquidation

news-29102024-050708

FTX and Bybit Reach $228M Settlement, Marking End of Epic Liquidation

FTX, a global exchange that faced bankruptcy, has recently secured a significant cash settlement of over $200 million from the crypto exchange Bybit. This influx of funds will contribute to the approved FTX dispersal...
news-26072024-131252

Silvergate Bank Successfully Resolves Federal Reserve Enforcement Action

Silvergate Bank has successfully resolved a Federal Reserve enforcement action after undergoing liquidation to protect its depositors. The action, which began in May 2023, required the bank to wind down its operations in a...