Cred’s former Chief Financial Officer, James Alexander, has been identified by U.K. authorities as a prison escapee who was convicted for financial crimes.
Case examiner says Cred platform hired escaped prisoner as CFO
A U.S. bankruptcy judge has rejected a motion to freeze the assets of beleaguered crypto lending service that was filed by its users.
Judge rejects motion to freeze Cred’s crypto assets in bankruptcy case
“We just want to know that our funds are safe,” said one Cred user
Cred customers demand answers after platform files for bankruptcy
Crypto exchanges — not segregating blockchain addresses — could lead to ownership disputes in the event of insolvency, research says.
Safety Check: If Crypto Custodian Fails, Clients May Not Get a Full Payout
The past few years have seen a glut of cryptocurrency exchanges becoming insolvent. But what legal rights do their customers have with regards to the return of ...
Report: Bankruptcy Law Can Be Unclear When Crypto Custodians Go Belly Up
FCoin announced it would reopen the exchange and draw a repayment scheme thanks to community cooperation, but can it compensate the thousands of Bitcoins it los...
FCoin Working to Resume Operations, Promises to Return Lost Funds
Regular, non-random Bitcoin outflows from FCoin’s cold wallet point to an exit scam amid the crypto exchange platform’s shutdown.
FCoin Blames Poor Auditing for Shutdown, but Others Suspect Exit Scam