Bankrupt Genesis agrees to $21 million SEC fine over defunct Gemini Earn crypto lending violations

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Pantera eyes $250 million in discounted Solana tokens from FTX estate

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BlockFi hails ‘excellent outcome’ in $875 million settlement with FTX

Bankrupt crypto firms FTX and BlockFi have reached an in-principle agreement to settle all litigation and disputes for nearly $900 million, according to a Mar. 6 court filing.
Under the terms, BlockFi will receive $185.2 million in compensation for customer claims against the FTX debtors.

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SEC accuses Terraform Labs of diverting $166 million to legal team ahead of court decisions

The US Securities and Exchange Commission (SEC) accused Terraform Labs of transferring around $166 million to Dentons U.S. LLC, a law firm, under the guise of an Advance Retainer Payment. The SEC views this move as an effort to divert assets from the company ahead of any court decision.

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Gemini strikes deal to return all assets ‘in kind’ to Earn users instead of historic dollar equivalent

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Bankrupt FTX and Alameda move over $8 million in assets amid market surge

Crypto wallets associated with the now-defunct FTX exchange and its counterpart, Alameda Research, have moved over $8 million in digital assets in the past 24 hours amidst a surge in the broader crypto market.

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FTX secures court approval to sell 8% Anthropic stake

Defunct crypto exchange FTX has secured court approval to sell its stake in artificial intelligence (AI) startup Anthropic Holdings, potentially adding over $1 billion to its assets earmarked for repaying creditors.
Delaware Bankruptcy Court Judge John Dorsey handed down the decision on Feb.

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Swiss prosecutors raid Tyr Capital over allegations of mishandling FTX exposure – reports

Swiss authorities are investigating Tyr Capital, a crypto hedge fund, following accusations of disregarding risk warnings associated with the bankrupt FTX exchange before its November 2022 collapse, the Financial Times reported, citing legal documents filed in the Cayman Islands.

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Grayscale, DCG stand against Genesis plan to liquidate $1.6 billion in trust shares

Crypto firm Digital Currency Group (DCG) and Grayscale objected to bankrupt lender Genesis‘ move to divest its assets, including Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG), shares worth approximately $1.

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