assets - Claimpayback

BlockFi’s assets auctioning proposal approved

0xMain
January 31, 2023

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The court permitted the bankrupt cryptocurrency lender BlockFi to auction off its cryptocurrency mining equipment as part of the company’s continuous attempts to repay its debtors. BlockFi aims to maximize its profits by submitting its bids as early as possible to take advantage...

Sam Bankman-Fried’s defense moves to remove restrictions on FTX assets

0xMain
January 29, 2023

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On Jan. 28, Sam Bankman-Fried’s legal representatives filed paperwork to have a restriction lifted that currently prohibits the former CEO from accessing FTX’s funds. Bankman-Fried’s legal team argues for lifting restrictions Bankman-Fried’s legal team argues that bail conditions prohibiting him from accessing or transferring any...

Arizona to exclude crypto assets from property tax

0xMain
January 25, 2023

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During the first session of the Arizona State Senate seating for 2023, the trio of senator Wendy Rogers, Sonny Borrelli, and Justine Wadsack considered taking the vote of Arizonians on the possibility of drafting a bill that adds virtual currency to the list...

Aussie minister welcomes treating crypto assets as financial services

0xMain
January 23, 2023

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Australia’s Financial Services Minister Stephen Jones says it’s okay for the government to regulate certain crypto assets as financial products to protect consumers from FTX-type collapses in the future. No need for separate crypto regulation The Australian government gets set to conduct a...

Nexo sees 10% of assets withdrawn after police raid

0xMain
January 13, 2023

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Nexo saw $46 million leave its addresses following a reported Bulgarian police raid on its offices over accusations of being “a large-scale scheme for financial crimes, money laundering and violations of international sanctions against Russia.” Local news outlet Novinite reported that the Bulgarian...