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An order may be sought from the Bermuda Supreme Court over a plan by troubled crypto lender, BlockFi, to pay creditor money back and exit Chapter 11 bankruptcy protection, The Coin Republic has reported. BlockFi International Ltd., BlockFi’s Bermuda ...

Another market blow-up. FTX was one of the biggest cryptocurrency exchanges in the world. Founded in 2019 and based in the Bahamas. FTX specialised in derivatives, leveraged products and spot trading markets, developed at an extraordinary growth rate...

CrossTower, the global crypto currency trading platform with an office in Bermuda, has agreed to acquire Bequant, a leading prime brokerage and digital asset exchange, for an undisclosed amount. The organisation also announced the launch of the first...

The collapse of Bahamas-based crypto trading platform FTX Trading Ltd has begun to have a direct impact on the fintech sector in Bermuda. BlockFi International Ltd, the Bermudian incorporated company licensed to conduct digital asset business by the ...

Dear Sir, CNN has reported “Sam Bankman-Fried woke up on Monday still a billionaire, even as his cryptocurrency empire was beginning to unravel. By Friday, his fortune was completely wiped out.” His company FTX has now declared bankruptcy. I just wo...