Former Cred executives, including Daniel Schatt, face indictment over wire fraud and financial mishandling charges after the defunct crypto lender Cred filed for bankruptcy with liabilities up to $500 million, amid allegations of mismanaged funds and risky lending practices.
Freeway, a crypto lender that collapsed in 2022, is entering liquidation in the Seychelles, with hopes to uncover $160m in lost assets for investors.