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Browsing Tag

Insolvent

Price

Bankman-Fried: Some Crypto Exchanges Already “Secretly Insolvent”

CoinZoop.com Jan 28, 2024 0

After throwing lifelines to troubled digital currency exchanges BlockFi and Voyager Digital, Sam Bankman-Fried, the 30-year-old billionaire founder of FTX, warns that many crypto exchanges will soon fail. The question on everybody’s…

Business

Nexo claims “smear campaign” ignores its attempts to aid insolvent companies

CoinZoop.com Jan 5, 2024 0

CryptoSlate spoke to Nexo co-founder Antoni Trenchev regarding Nexo’s decision to increase insurance to $775 million, its moves to offer aid to struggling crypto firms, and the recent allegations claiming Nexo is in trouble.Trenchev told…

Altcoin

FTX CEO: Some Smaller Exchanges Are ‘Too Far Gone,’ ‘Insolvent,’ and Unlikely to Be ‘Saved’

CoinZoop.com Jan 1, 2024 0

Sam Bankman-Fried. Source: a video screenshot, Forbes / YouTube Sam Bankman-Fried, the Founder of the crypto trading platform FTX, has warned that more crypto exchange…