Crypto lending turns to Wall Street credit rules to win back institutional trust after 2022 collapse

Bybit
Binance



Celsius froze withdrawals in June 2022 before filing for Chapter 11 in July 2022, and Genesis froze redemptions after FTX’s collapse and filed for bankruptcy in January 2023, owing approximately $3.4 billion to its 50 largest creditors. BlockFi, Celsius,…



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