settlement
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Bitcoin
Aligned Layer Secures $2.6M in Funding to Become a Faster and Cheaper Settlement Layer for Validity Proofs on Top of EigenLayer
PRESS RELEASE. April 15th, 2024 –– Aligned Layer has successfully raised $2.6 million in a funding round led by Lemniscap,…
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Regulation
JPMorgan Chase, Bank of America and Six Financial Giants Pay $70,000,000 Settlement Over Allegations of ‘Widespread Fraud and Collusion’
Eight financial giants are shelling out tens of millions of dollars to settle a decade-long whistleblower lawsuit. JPMorgan Chase, Bank…
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Bitcoin
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.…
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Blockchain
FTX and Alameda Reach $874M Settlement with BlockFi Amid Bankruptcy Proceedings
FTX and Alameda have agreed to an “in principle” settlement with BlockFi, potentially paying up to $874 million, marking a…
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Bitcoin
Coin-for-Coin Payback — Gemini Announces Full Recovery of Crypto Assets for Earn Users After Genesis Settlement
Gemini has reached a settlement with Genesis and other creditors within the Genesis bankruptcy proceedings, promising a full in-kind return…
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Blockchain
Gemini to Reimburse $1.1 Billion to Users Amid Regulatory Settlement
DFS mandates Gemini to refund $1.1B to Earn users and pay a $37M fine due to oversight failures. The New…
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Bitcoin
Gemini Agrees to Over $1 Billion Restoration in Settlement With New York Regulators
In an agreement with the New York Department of Financial Services (NYDFS), the Winklevoss-led cryptocurrency exchange Gemini has committed to…
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Regulation
Major US Bank Pays $13,500,000 Settlement After Facing Federal Investigation on Illegal and Discriminatory Practices
The US Justice Department and the state of North Carolina are settling with a major US bank to resolve allegations…
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Blockchain
US Court Approves Sealed Settlement in BlockFi vs. 3AC Dispute
A US judge approved a confidential settlement between BlockFi and Three Arrows Capital, aiming to resolve financial disputes without further…
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