The United States Federal Home Loan Banks System (FHLB) is lending billions of dollars to two of the largest cryptocurrency banks in an effort to mitigate the effects of a surge in withdrawals, accord...
Tag: lent
U.S Federal Home Loan Banks System (FHLB) lent billions to crypto banks amid surge in withdrawals – Cryptopolitan
To protect against the potential rise in withdrawals, The Wall Street Journal reported on Jan. 21 that two of America’s leading crypto banks are receiving billions of dollars from the Federal Home Loa...
FTX secretly lent Alameda Research $65B
Environmentalists sued the New York Public Service Commission (PSC) on Jan. 13 for allowing the takeover of a bitcoin mining plant. Plaintiff’s argument that approval breaches 2019 New York clim...
Alameda Lent SBF $546M For Robinhood Share Buy
Sam Bankman-Fried, the disgraced founder of the cryptocurrency exchange FTX, used a loan of almost $546 million from Alameda Research, the exchange’s sister organization, to finance his acquisit...
Alameda Lent Sam Bankman-Fried $546 Million for Robinhood Stake
(Bloomberg) — FTX founder Sam Bankman-Fried said he and former executive Gary Wang borrowed more than $546 million from Alameda Research to buy a nearly 8% stake in Robinhood Markets Inc, accord...
FTX lent BlockFi $250 million in FTT – crypto.news
Bankrupt Crypto Exchange FTX has revealed in its first-day Declaration a loan of about $250 million FTT awarded to BlockFi, a popular US crypto lending platform. According to the report published yes...
FTX lent over half of its customer funds to affiliated trading firm: WSJ
Embattled crypto exchange FTX, once the third-largest crypto exchange by trading volume, reportedly lent more than half of its customer funds to its affiliated trading firm Alameda Research, exposing ...
Embattled Crypto Exchange FTX Lent Billions in Customer Assets To Fund Alameda Research: Report
A new report claims that troubled crypto exchange platform FTX lent billions of dollars worth of its customers’ assets to fund its quantitative trading branch. According to The Wall Street Journal, FT...
FTX lent Alameda billions of dollars in customer assets: WSJ
Crypto exchange FTX lent about $10 billion to sister company and trading firm Alameda Research, according to The Wall Street Journal. The report, citing a conversation with CEO Sam Bankman-Fried...
Three Arrows Capital creditors lent bankrupt fund $3.5 billion, court documents show
Collapsed crypto hedge fund Three Arrows Capital (3AC) owed 27 crypto companies $3.5 billion, according to court documents published today by 3AC’s liquidators. The largest creditor on the list ...
Crypto lender Genesis lent $2.36 billion to Three Arrows Capital
Genesis Asia Pacific Pte Ltd, a division of the crypto lender owned by Digital Currency Group, lent $2.36 billion to collapsed hedge fund Three Arrows Capital (3AC). Earlier reports have stated that...
Genesis Lent $2.36B To Bankrupt Crypto Hedge Fund Three Arrows Capital
Reports have revealed that Genesis had lent $2.36 billion to crypto hedge fund Three Arrows Capital (3AC). The crypto hedge fund had recently filed for Chapter 15 bankruptcy in New York. Genesis’s par...
Genesis Reportedly Lent $2.36 Billion to Three Arrow Capital
Genesis Global Trading – a crypto prime brokerage firm – reportedly credited the now insolvent Three Arrows Capital (3AC) with $2.36 billion in under collateralized loans. As reported by The Block, de...
World’s Worst-Performing Bank Lent Billions to China Evergrande
(Bloomberg) — It was once hailed as the future of Chinese banking, a privately run lender that would mint money by outmaneuvering its state-owned rivals. Most Read from Bloomberg An ill-fated pu...