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17 Apr 23

Bhutan held millions of dollars worth of crypto in BlockFi and Celsius

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bhutan, a small country in the Himalayas known for its happiness index and isolation from the world, has secretly been investing in cryptocurrency for over a year. This was revealed by the bankruptcy filings of two crypto lending platforms, BlockFi and […]

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12 Apr 23

GDAC hacked for millions of dollars, INNODEX, a decentralized hybrid DEX, is hack-proof

Cryptocurrency exchange GDAC was hacked and cryptocurrencies worth nearly KRW 20b stolen. This amount accounted for about 23% of the assets held. On April 10, at 5 PM, GDAC broke the news saying: “on April 9, 7 PM (local time), there was a hacking incident in the GDOC hot wallet (internet wallet), and assets such […]

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20 Mar 23

FTX sues its Bahamian liquidators for taking control of ‘millions of dollars’

Crypto exchange FTX has filed a lawsuit against the liquidators of its Bahamian affiliate, FTX Bahamas Ltd, claiming that they have wrongfully taken control of millions of dollars worth of digital assets, including bitcoin (BTC) and ethereum (ETH). According to Reuters, the lawsuit was filed in the US court for the Southern District of New […]

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24 Dec 22

Caroline Ellison admits to stealing billions of dollars from FTX customers

Caroline Ellison, the former CEO of Alameda Research, has admitted to deliberately deceiving lenders about loan amounts they took from FTX, along with co-founder Sam Bankman-Fried. Ellison made this admission during her first public explanation of her actions during a plea hearing in a Manhattan federal court on December 19. According to the transcript of […]

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