Celsius lawsuit claims KeyFi stole customer deposits to buy NFTs
A lawsuit from Celsius claims KeyFi lost and stole tens of millions of dollars worth of crypto while using Tornado Cash to launder its funds.
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A lawsuit from Celsius claims KeyFi lost and stole tens of millions of dollars worth of crypto while using Tornado Cash to launder its funds.
Knock-on effects continue from the US sanctions on Tornado Cash. Free speech advocates even plan to challenge the US Treasury in court.
The firm originally hired bankers at Citibank to help with its restructuring, despite its history of strident anti-bank marketing campaigns.
Crypto lender and asset manager Babel Finance is renegotiating its multi-billion loan balance. The company has suspended all withdrawals.
One of the world's largest banks has been quietly working on a multi-trillion dollar project called institutional DeFi, but setbacks remain.
A press release stated asset manager GAM Holding could be injecting $3 billion into failing stablecoin Terra (UST) — turns out, it's fake.
The stablecoin's recent crash has wiped $17.5 billion from the raft of projects banking on its success.
Billionaire investor Mark Cuban was down bad after getting caught in a DeFi 'bank run' last year — but he made it all back with KlimaDAO.