Tag: Liquidation
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...
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...