BlockFi Goes BankRupt!
After weeks of telling their Twitter followers they’re “fine”, the lending platform BlockFi finally admits defeat. Now, despite denying their connection with FTX in the past, BlockFi has cited the firm’s collapse a direct result of FTX implosion. But hear me out, don’t you think that people like SBF, 3AC CEOs and of course the […]
(Update) Crypto Hedge Fund 3AC Founders Have Emerged!
Crypto hedge fund Three Arrows Capital is in deep trouble and the founders were basically on the run. Founders Zhu Su and Kyle Davies missed their court dates. This is according to creditors seeking payments on large unpaid loans. 3AC was a controversial crypto hedge fund in the past known for extremely bullish attitude towards […]
SEC Will Regulate Crypto Lending Firms
This is Karma, the SEC will regulate and overlook all crypto lending firms in the future. Undeniably, the Securities and Exchange Commission hates all that is crypto. A position clarified by the SEC chair Gary Gensler time and time again. On the other hand, crypto lending firms have been some of the most amateur and […]