Failed Crypto Lender Cred Blames Its Demise on Uphold Exchange in Suit
The 2022 meltdown is not the first time the risks of “centralized DeFi” products have been laid bare.
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Dec 21, 2022 at 12:23 p.m. UTC
Dec 21, 2022
Cred
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Bankrupt Crypto Lending Platform Cred Had UK Fugitive in Charge of Funds
James Alexander was employed as the CCO of Cred, a crypto lender that filed for bankruptcy in November.
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Mar 10, 2021 at 11:06 a.m. UTC
Mar 10, 2021
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Here's What Happened at Crypto Lender Cred's Latest Bankruptcy Hearing
Judge John Dorsey of the Delaware Bankruptcy Court rejected a motion to appoint a Chapter 11 trustee to oversee Cred’s restructuring.
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Dec 18, 2020 at 11:01 p.m. UTC
Dec 18, 2020
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Bad Loans, Bad Bets, Bad Blood: How Crypto Lender Cred Really Went Bankrupt
Cred’s bankruptcy filing mainly blames fraud by an outside party. The full picture painted by former employees is more complex, and highlights the risks of the budding crypto...
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Nov 12, 2020 at 5:45 p.m. UTC
Nov 12, 2020
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Crypto Lender Cred Files for Bankruptcy After Losing Funds in Fraud
In October, the lender published a cryptic letter saying it has experienced “irregularities” in the handling of “specific” corporate funds by a “perpetrator of fraudulent acti...
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Nov 8, 2020 at 7:17 p.m. UTC
Nov 8, 2020
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Cred Says Fraudulent Activity Led to Loss of Funds; Law Enforcement Investigating
Decentralized lending platform Cred says it's cooperating with law enforcement over a "loss of funds."
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Oct 28, 2020 at 1:18 a.m. UTC
Oct 28, 2020
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Visa Adds Crypto Lender Cred to Fast Track Payments Program
Decentralized lending platform Cred is the latest crypto firm to join Visa’s Fintech Fast Track Program with the goal of scaling faster.
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Sep 8, 2020 at 4:00 p.m. UTC
Sep 8, 2020
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Cred Taps Former NSA, Western Union Bosses for Leadership Team
Crypto lender Cred is bolstering its technical knowledge by bringing on an experienced CISO and CTO.
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Jun 23, 2020 at 5:00 a.m. UTC
Jun 23, 2020
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Crypto Lender Cred Is Offering Investors 10% Interest With Spencer Dinwiddie Partnership
Crypto investors can "pledge" five different cryptos, including two stablecoins, to Cred and earn up to 10 percent interest in a new partnership with NBA star Spencer Dinwiddi...
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Mar 20, 2020 at 1:00 p.m. UTC
Mar 20, 2020
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Binance Partners With Crypto Lending and Borrowing Firm Cred
Binance exchange is teaming up with Cred to offer cryptocurrency lending and borrowing services across its ecosystem.
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May 30, 2019 at 1:30 p.m. UTC
May 30, 2019