SafeMoon's Descent: Bankruptcy Filing Shocks Crypto World
SafeMoon files for bankruptcy amid fraud charges, leading to a significant drop in its cryptocurrency value.

SafeMoon files for bankruptcy amid fraud charges, leading to a significant drop in its cryptocurrency value.
The company's latest filing follows an ETF application from BlackRock.
The company has submitted a pre-registration undertaking with regulators.
Company will expedite its ambitious vision for blockchain gaming, metaverse development, and community-building under Alegre’s leadership
BlockFi is the latest crypto firm to file for bankruptcy following the collapse of Sam Bankman-Fried's crypto empire.
Researchers documented $515 million in suspicious transfers from the cryptocurrency exchange.
An unnamed source told CNBC that the company plans to file the bankruptcy paperwork "imminently."
After announcing the acquisition of Activision Blizzard, Microsoft CEO and chairman Satya Nadella said games "will play a key role in the development of the Metaverse platform."
Hyundai has also hinted vaguely at a possible Metaverse, in line with its earlier concept of robots bridging the real and virtual worlds to enhance mobility.
Hyundai also gave cryptic clues to a possible metaverse in line with its earlier concept for robots to bridge the real and virtual worlds to enhance mobility.