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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On January 19, the Federal Court of Appeals for the Third Circuit ordered the bankruptcy court adjudicating the bankruptcy of FTX to appoint an examiner to investigate the collapse of the digital asset exchange. billion in additional student loan debt relief for 73,600 borrowers. For more information, click here.

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Q4 Industry Insights: Cautious Optimism with a Side of Holiday Hangover

True Accord

The fourth quarter marked the resumption of student loan payments for 22 million Americans, but repayment results were low. million borrowers missed their student loan payment —that’s 40% of loan holders. Breaking it down, credit card balances increased by $48 billion to $1.08

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

In November 2022, Genesis announced that it will prohibit retail investors from withdrawing their cryptocurrency deposits from Gemini Earn accounts due to liquidity risks. Supreme Court in support of the Biden administration’s student loan forgiveness plan. For more information, click here.