The bankruptcy filing of Genesis Global Capital LLC last week marked the end of an era for crypto lenders who tried to bring the centuries-old business model of banking to the digital-currency space.
New York Attorney General Letitia James has filed a lawsuit against former Celsius Network CEO Alex Mashinsky, alleging that he defrauded hundreds of thousands of investors at the now-bankrupt cryptocurrency exchange.
The collapse of crypto exchange FTX sparked a run on Silvergate Capital Corp., with the stock price falling 42.60%.
Animoca Brands Corp. is looking to raise around $1 billion this quarter for its new Web3 and metaverse investment fund.
Cameron Winklevoss, co-founder and president of digital currency exchange Gemini, has accused the head of crypto conglomerate Digital Currency Group of engaging in "bad faith" tactics.