Key Takeaways Celsius deployed customer assets in risky activities. Multistate investigation of Celsius in USA. Celsius engaged in an unregistered securities offering. U.S. state of Vermont’s Department of Financial Regulation (DFR) claims that Celsius lacks the assets and liquidity to…
Key Takeaways Liquidators were granted full control of 3AC’s U.S. assets and right to subpoena. Physical whereabouts of 3AC Co-founders unknown. Three Arrow Capital’s liquidators acquire permission to subpoena Co-founders Kyle Davies and Zhu Su along with banks and digital…
Key Takeaways The stolen ETH was laundered through Tornado Cash. The victims were lured by the offering that they could swap a malicious fake token for UNI. Over 70,000 addresses had been sent malicious ERC-20 tokens to steal their assets.…
Key Takeaways Vauld has assets worth $330 million and liabilities worth around $400 million. Filed for a six-month moratorium period for financial restructuring. Optimistic about the acquisition deal closing with Nexo If Nexo deal doesn’t go through, they have other…
Key Takeaways Celsius paid 20 million USDC for its AAVE loan. Total debt stands at $215 million. Earlier Celsius paid off over $220 million in a week. The battered crypto lender Celsius is rushing to pay off its outstanding debt…
Key Takeaways In a recent interview, Binance’s CZ contrasting his earlier thoughts on bailouts, stated that they are looking at a number of good deals/projects that might require Binance’s help. CZ in an apparent dig at SBF’s FTX saving battered…
Key Takeaways According to sources, DeFiance Capital was incubated by Three Arrows Capital. 3AC and DeFiance has indulged in various co-investment deals in the past. DeFiance had earlier tried to distance itself from 3AC after news of the crypto hedge…
Key Takeaways The complaint was filed by KeyFi Inc., a company founded by the Celsius’s former investment manager, Jason Stone. Stone accuses Celsius of running a Ponzi scheme to benefit itself through “gross mismanagement of customer deposits”. The filing states…
Key Takeaways Since July 1, Celsius has repaid over $150 million worth of Dai (DAI) stablecoins across 5 separate transactions. On July 7, a wallet linked to Celsius repaid the remaining $41.2 million of the loan in DAI, the Maker…
Key Takeaways USDD is overcollateralized by 313.7% at the time of writing The TRON DAO Reserve currently holds $2.2 billion in collateral across TRX, BTC, USDT, and USDC for 990 Million USDD TronDAO, a Decentralized Autonomous Organization (DAO), has reported…
