Hodler’s Digest, Nov. 27 – Dec. 3 By Cointelegraph

FTX Crash Continues to Collapse, BlockFi Files for Bankruptcy, Kraken Settles for Sanctions Breach: Hodler’s Digest, Nov. 27 – Dec. 3

coming every saturday, Hodler’s Digest It will help you keep track of every important news that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more of the week on Cointelegraph in one link.

BlockFi files for bankruptcy, citing the FTX crash as its problems

Digital asset lending firm BlockFi announced on November 28 that it has filed for Chapter 11 bankruptcy in New Jersey. The bankruptcy filing revealed, among other details, that BlockFi aims to restructure and keep select employees on board. BlockFi has eight daughter companies that are also filing for bankruptcy. The news later revealed Details of the bankruptcy proceedings, including a BlockFis lawyer who reported freezing $355 million of the foundation’s equity capital on FTX.

Kraken is settling with the US Treasury’s Office of Foreign Assets Control over “apparent” sanctions violations

FTX was the fastest corporate failure in US history calling for an investigation

Binance hires an auditing firm that served Donald Trump to verify crypto reserves

3AC’s bankruptcy process faces challenges amid uncertainty for the founders

It will teleport to $14k or worse if BTC breaks par at $16k

Libertex head of stock exchange Vyacheslav Taran dies in a helicopter crash in France

‘Main Trader’ EmpiresX Faces 4 Years in Prison for Over $100 Million in Cryptocurrency ‘Ponzi’

Bankman-Fried on the hook in Texas, has been arraigned for hearing in February

A unique and amazing cryptographer in South Korea

Socios boss target? To knock cryptocurrency out of the park

How stable are stablecoins in the FTX crypto market infection?

Read on at Coin Telegraph

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