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Bankrupt Celsius Gets Court OK to Hand Out $2 8 Million in Staff Bonuses

Celsius has also asked the court to let it sell $18 million of user-deposited crypto to pay its bills, in a tussle over who the assets belong to.

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FTX s Celeb Endorsements Were a Big Red Flag, Says Bitcoin Family

"Too many influencers were paid too much money to promote that one," the father of the family Didi Taihuttu told CNBC about FTX.

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Binance CEO Targets $1 Billion to Invest in Distressed Crypto Assets

The head of Binance said he plans to launch the fund soon given "the industry needs saving now, not in 2023," per Bloomberg.

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Crypto Exchange Kraken Freezes FTX-Linked Accounts to Protect Creditors

Crypto exchange Kraken said it has frozen accounts owned by FTX and Alameda Research to protect creditors after talking to law enforcement authorities.

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Nouriel Roubini Suggests FTX-Binance Deal Shows Crypto Is a Ponzi Scheme

Economics professor Nouriel Roubini pointed out FTX itself had been bailing out struggling companies before having to be rescued itself.

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