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x/hui-ka-yan
— 1h
Evergrande founder jailed as Hengda liquidation proceeds
A Chinese court sentenced Evergrande founder Xu Jiayin (Hui Ka Yan) to life imprisonment and ordered substantial asset confiscation and multi-billion-yuan penalties for the group after charges including misuse of funds and fundraising fraud. The rulings target Evergrande Group and its real estate unit, highlighting a crackdown on debt-laden developers.
95 sources · 1h
x/bitcoin
— Jul 24, 2026
BitMEX faces $60M class-action over liquidations, winds down
BitMEX is facing a US class-action alleging its internal trading operations and liquidation engine rigged forced liquidations to seize customer BTC, with plaintiffs claiming about 622.66 BTC were lost and excess BTC went to the insurance fund. The suit comes as BitMEX prepares to wind down in September 2026 and seeks return of the BTC plus damages for US customers dating back to 2018.
9 sources · Jul 24, 2026
Finance
— Jul 21, 2026
Binance Plans Delisting of Seven Spot, Margin Pairs
Several major crypto exchanges are removing trading pairs: Binance will delist a mix of seven spot pairs and seven margin pairs around July 24, 2026, with open positions liquidated and assets still tradable via other pairs; Bybit is removing 11 Mantle-related spot pairs by July 28, 2026. Users are urged to close positions and review bots or margin settings to avoid automatic liquidations or losses as liquidity shifts and trading access changes across affected assets.
5 sources · Jul 21, 2026