Crypto trading firm Auros discloses provisional liquidation. FTX has over $1 billion in assets identified, its creditors were told on Tuesday. $BTC held steady at the $16,800 level, while $ETH was trading around $1,215, _jocelynyang_ reports
Auros said that the decision followed “the events that transpired around FTX,” the crypto exchange formerly helmed by Sam Bankman-Fried that imploded in November.
“The company found itself in a position where immediate liquidity was insufficient to satisfy recalls from lenders,” according to the statement. “Management and directors remained confident in the long-term prospects for the business.”"Upon the successful implementation of the restructuring, it is anticipated that Auros’ operations would resume as normal.”, according to the intelligence site OffShoreAlert, which cited a Nov. 16 court filing submitted to the British Virgin Islands High Court. The news was previously reported by The Block.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
More crypto exchanges likely to 'blow up' like FTX, Wave Financial CEO saysWave Financial’s David Siemer is waiting on more top 10 exchanges to fail and looking to secure acquisition deals for near zero.
Leer más »
Crypto Trading Firm Auros, Hit by FTX Collapse, Discloses Provisional LiquidationThe move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice. Auros missed payments on $17.7 million of loans from lending pools on bad debt-ridden protocol Maple Finance.
Leer más »
Crypto Markets Analysis: Bitcoin Correlations Show Dollar Still Rules (In the Inverse)Bitcoin's relationship with the U.S. Dollar Index returns to form, with macroeconomic factors continuing to drive crypto prices, writes GWilliamsJr_CMT
Leer más »
First Mover Americas: Grayscale Explores Options to Return Portion of GBTCGrayscale are exploring options to return a portion of its GBTC and Sam Bankman-Fried no longer will contest extradition to the U.S. LedesmaLyllah reports.
Leer más »
First Mover Americas: Bankrupt BlockFi Asks U.S. Court for Greenlight on WithdrawalsCrypto lender BlockFi is looking to restart certain customer withdrawals and FTX is attempting to recoup voluntary payments made to third parties. LedesmaLyllah reports.
Leer más »
Coinbase, Silvergate reverse losses to rise alongside traditional marketsCrypto-related stocks are rising after days of losses, tracking traditional markets higher.
Leer más »