The U. S. District Court for the Southern District of New York ordered a crypto fraudster"Coin Signals" to pay $2.8 million in restitution to victims of a fraudulent scheme.
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Bankruptcy court told FTX and Alameda owe BlockFi $1B... but it's complicatedFTX and Alameda owe BlockFi over $1B... but BlockFi owes FTX US $275M. The crypto lender is also suing a Sam Bankman-Fried owned holding company over Robinhood shares it claims it was promised as collateral. If nothing else, crypto is proving to be profitable for attorneys. I have no idea how they plan to return such huge sums. ZeroHedge_ OMG , these guys killed soo many businesses
Source: Cointelegraph - 🏆 562. / 51 Read more »