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

FTX collapse continues, BlockFi announces bankruptcy and Kraken settles sanctions breach: Hodler’s Digest, Nov 27 – Dec 3

Hodler’s Digest comes out every Saturday, helping you keep track of every single important piece of news that week. A week’s best (and worst) prices, launch and regulation highlights, leading coins, predictions and more on Cointelegraph in one link.

BlockFi files for bankruptcy, citing FTX collapse for its troubles

Digital asset lending company BlockFi announced Nov. 28 that it had filed for Chapter 11 bankruptcy in New Jersey. Among other things, the bankruptcy filing revealed that BlockFi intends to restructure and retain certain employees. BlockFi has eight subsidiaries that are also included in the bankruptcy filing. Subsequent news revealed details of the bankruptcy proceedings, including the BlockFis attorney reporting that $355 million of the company’s equity was frozen on FTX.

Kraken settles with US Treasury Department OFAC over ‘apparent’ sanctions violations

FTX was the fastest corporate bankruptcy in US history. Trustee requests investigation

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

3AC’s bankruptcy process faces challenges given the unknown whereabouts of the founders

teleports to $14,000 or worse if BTC breaks $16,000 analyst

Libertex crypto exchange head Vyacheslav Taran dies in helicopter crash in France

EmpiresX Chief Trader Faces 4 Years in Jail for $100M Crypto Ponzi

Bankman-Fried on the hook in Texas, called to appear at the February hearing

South Korea’s unique and amazing crypto universe

Socio’s boss target? To kick crypto out of the park

How Stable Are Stablecoins In FTX Crypto Market Contagion?

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