FTX Creditor Says Hedge Fund Owes Him for Claim It Bought at '42% Discount'
Gierczyk sold his $1.59 million claim to the hedge fund last year at what he says was a 42% discount.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Irish Central Bank Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguards
TL;DR: Ireland’s central bank imposed a €3.25 million penalty on Coinbase Ireland over electronic-money safeguarding and outsourci...
An Ethereum OG Who Bought at $18 Just Cashed out $7.23 Million
An early ether buyer who paid just $18.83 per coin nine years ago has sold 3,000 ETH worth about $7.23 million, a 128x return. The...
Franklin Templeton adds $150 million in fund shares to XRP Ledger, all in one wallet
Two subscriptions on Thursday nearly quadrupled the fund’s tokens on the network. The receiving wallet shares its authorized signe...
Swiss Regulator Approves First Domestic Spot Bitcoin ETF Under Fund Law
TL;DR: Switzerland’s FINMA has authorized a Bitcoin ETF structured as a Swiss-law public investment fund; the approval differs fro...
Coinbase Ireland Hit With €3.25M Fine Over Fund Safeguarding and Oversight Failures
Key Takeaways: Irish central bank fines Coinbase Ireland $1.19m for customer fund safeguarding and outsourcing failures. The compa...
HSBC Launches RedCoin Stablecoin and Plans to Let Customers Buy Tokenized Funds With It
HSBC put its first stablecoin, a Hong Kong dollar token called HSBC RedCoin (ticker RCHKD), on its PayMe payments app on Oct. 23,...