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CATEGORY: withdrawal freeze

Crypto Lender Genesis Requests US Bankruptcy Court to Approve Settlement Principle
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 21, 2024 05:50

Crypto Lender Genesis Requests US Bankruptcy Court to Approve Settlement Principle

The insolvent cryptocurrency lender, Genesis, has petitioned a U.S. bankruptcy court to approve a proposed settlement principle announced on Feb. 28. According to an update, if the court approves the settlement, Genesis Earn users will receive all of their digital assets back in kind. The bankruptcy court is scheduled to consider Genesis request to approve [...]

The post Crypto Lender Genesis Requests US Bankruptcy Court to Approve Settlement Principle appeared first on Crypto Breaking News.

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Crypto Payments Firm Wyre Shuts Down — Users Told to Remove Assets From Platform
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 18, 2023 02:10

Crypto Payments Firm Wyre Shuts Down — Users Told to Remove Assets From Platform

Wyre, the San Francisco-based crypto payments firm, has said it is winding down operations “in order to protect the best interests” of its users and stakeholders. The firm urged users with assets on its platform “to continue to withdraw them via Wyre’s dashboard until Friday, July 14th.” A statement released by the firm said parties [...]

The post Crypto Payments Firm Wyre Shuts Down — Users Told to Remove Assets From Platform appeared first on Crypto Breaking News.

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