Sam Bankman-Fried’s Voyager debt emerges; Celsius reshuffles board
SBF’s Alameda Research debt to Voyager emerges. Meanwhile, South Korea agrees to cooperate with the US on Terra-Luna investigation.
Welcome to The Daily Forkast – July 7, 2022 – presented by Joel Flynn.
Coming up on today’s show:
Alameda Research owes US$377 million as Voyager Digital’s second largest borrower.
Meanwhile, Genesis confirms exposure to Three Arrows Capital.
This comes as Celsius Network reshuffles board as it fights to stay afloat.
Over in Asia, South Korea’s Uprise said to have lost US$20 million in client funds on LUNA short.
Staying in South Korea, authorities agree to cooperate with US on Terra-Luna investigation.
And finally, China’s ‘Instagram’ gets into virtual fashion with users strutting their stuff in NFT clothes.
We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast July 7.