2023-7-19 12:03 |
After buying GK8 for $115 million in 2021, Celsius has recouped $44 million of that but will spend most of the sum on legal fees. origin »
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Celsius acquired GK8 for $115 million in 2021 but was forced to sell it as part of its restructuring process. The shareholders have proposed allocating $24 million from the sale proceeds for leThe post Celsius to spend $25 million from GK8 sale on legal expenses appeared first on AMBCrypto.
2023-7-18 18:00 | |
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The bankrupt crypto lending firm Celsius has filed a motion seeking relief for the distribution of funds resulting from the sale of GK8
2023-7-18 16:04 | |
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Bankrupt crypto lender Celsius has commenced legal action against Stakehound for failing to pay back $150 million in digital assets, including staked Ethereum (ETH), Polkadot (DOT), and Polygon’s MATIC, which it entrusted to the staking platform in 2021, according to a July 11 court filing.
2023-7-12 15:30 | |
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Bankrupt crypto lender, Celsius, has taken legal action against StakeHound, the liquid staking platform. The lawsuit centers around StakeHounds alleged failure to return $150 million worth of ETH, MATIC, DOT...
2023-7-12 15:10 | |
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Tom Brady suffered a $30 million loss in the collapse of FTX crypto, facing legal challenges. Other celebs like Logan Paul and Neymar Jr. have also been hit hard with similar losses.
2023-7-10 11:57 | |
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The creditors of the bankrupt crypto firm, Voyager Digital, face a $5.1 million bill. The New York law firm McDermott Will & Emery is seeking compensation for legal services provided...
2023-7-5 15:57 | |
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Voyager's lawyers McDermott Will and Emery demand $5. 1 million from collapsed crypto broker Voyager Digital's creditors for work around asset disposals. The post Voyager Lawyers Invoice Creditors $5.
2023-7-4 13:45 | |
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Voyager is not the only crypto firm incurring hefty legal fees; FTX, for example, has been billed over $120 million in fees.
2023-7-5 13:41 | |
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Crypto.com, a leading cryptocurrency platform with over 80 million global users, announced on June 30 that its global head of derivatives legal, Steve Humenik, has been appointed to the U.S....
2023-7-1 00:19 | |
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Voyager Digital, a cryptocurrency brokerage presently dealing with bankruptcy, is mandated to disburse $1.1 million in legal advisory fees to the law firm Kirkland & Ellis.
2023-6-28 18:18 | |
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FTX Launches Legal Battle Seeking $700 Million from Bankman-Fried’s Associates and Connected Investment Funds FTX, the cryptocurrency exchange, has taken legal action in the US Bankruptcy Court for the District of Delaware against several investment firms that were previously associated with the company before its downfall.
2023-6-23 18:39 | |
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The more than $200 million in legal fees charged in the first months of FTX’s bankruptcy have been examined by an auditor, who describes them as remarkable fees for remarkable service.
2023-6-21 09:01 | |
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The amount of ETH staked surged to nearly 23 million at the time of writing. Due to Coinbase's legal troubles, the growth of ETH staking has stalled. The much-awaited but delayed Shapella UpThe post Ethereum staking rises, but it's not without risks appeared first on AMBCrypto.
2023-6-20 17:30 | |
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FTX, the bankrupt crypto exchange, faces significant legal and advisory costs, with filings revealing that fees and expenses between February 1 and April 30 amounted to $121.8 million. The data, compiled by The Block Research, shows that FTX’s lawyers at…
2023-6-20 09:44 | |
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ZachXBT fears legal fees to defend himself in the defamation lawsuit could “easily exceed” $1 million.
2023-6-19 09:06 | |
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The defi community rallied behind PoolTogether by raising $1.4 million through a nonfungible token sale last year to support the platform's legal defense.
2023-6-9 00:11 | |
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Over one million wallets have deployed smart contracts on Base, Coinbase's Ethereum Layer 2 solution. The participation comes despite Coinbase's ongoing legal troubles. The post Coinbase Reports 1 Million Base Users Despite SEC Lawsuit appeared first on BeInCrypto.
2023-6-9 19:30 | |
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The DeFi community funded the protocol’s legal defense through a $1.4 million nonfungible token sale in 2022.
2023-6-8 11:44 | |
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As the US Securities and Exchange Commission (SEC) unveiled a legal case against Binance, some users have been trying to get their assets out of the exchange. Data provided by Whale Alert shows that a whale deposited 115.27 million polygon…
2023-6-7 10:09 | |
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Amid the recent legal action taken by the SEC against Binance and its CEO Changpeng Zhao, cryptocurrency traders are swiftly withdrawing their funds from the crypto exchange.
2023-6-6 22:16 | |
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The mining firm, which has been embroiled in several legal battles, describes an elaborate fraud scheme for a $150 million contract.
2023-5-26 14:00 | |
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In what could only be described as a uniquely digital-age twist, an NFT influencer, known by his alias Ben. eth, has been served with a settlement demand, via an NFT. The demand, laced with profanity, accuses the influencer of engaging in wire fraud, at the least, relating to a recent $7 million token presale.
2023-5-22 13:13 | |
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Ripple acquired Swiss-based Metaco for $250 million. The latest incident in its case with the SEC led to a spike in XRP's value in the past two days. As its prolonged legal feud with the UThe post Ripple acquires Swiss startup to expand globally amidst regulatory crackdown appeared first on AMBCrypto.
2023-5-18 14:30 | |
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Brad Garlinghouse, the CEO of Ripple, revealed in a fireside chat Monday that settling his firm's legal dispute with the SEC will set it back at least $200 million. The post Ripple CEO Puts Legal Costs in SEC’s Lawsuit North of $200 Million appeared first on BeInCrypto.
2023-5-9 20:08 | |
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Krzysztof Gagacki, the co-founder of Rebase NFT platform, launched a $77 million lawsuit against partner Edmond Truong, alleging theft of $2 million and substantial damages. The post Rebase NFT Co-Founders Face $77M Legal Showdown appeared first on BeInCrypto.
2023-4-19 14:13 | |
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A judge has ruled in favor of AT&T, dismissing crypto investor Michael Terpin’s claim for damages against the company. Judge Otis Wright II ordered that Terpin is not entitled to recover damages from the telecoms firm, despite losing $24 million in a SIM swap attack in 2017.
2023-4-5 12:25 | |
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The Seoul Southern District Prosecutor's Office has seized approximately $160 million from eight individuals. Both the United States and South Korea asked Montenegro to detain Kwon. As per aThe post Terra faces more legal trouble as authorities seize $160 million in assets appeared first on AMBCrypto.
2023-4-4 16:30 | |
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The bankrupt company’s creditors stand to lose $100 million if delays caused by government objections drag on.
2023-4-4 11:40 | |
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Sam Bankman-Fried's legal defense is reportedly funded from an Alameda loan of at least $10 million, taken in 2021. The post Sam Bankman-Fried Gave His Father $10 Million From an Alameda Loan, Says Report appeared first on BeInCrypto.
2023-3-30 01:39 | |
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Sam Bankman-Fried claimed to have only $100,000 to his name in the immediate aftermath of the FTX collapse. So how is he bankrolling his legal defense? A $11.7 Million Gift...
2023-3-29 19:52 | |
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After CFTC filed legal complaint against Binance, users have been withdrawing billions in crypto to cold wallets
2023-3-29 12:51 | |
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Binance saw huge outflows after the Commodity Futures Trading Commission (CFTC) complicated the company’s legal situation in the United States. Data compiled by DeFi Llama shows that Binance clients withdrew over $772 million from the exchange in the past 24 hours.
2023-3-29 06:17 | |
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Accounts created on Ripple-backed XRP Ledger (XRPL) are nearly reaching 5 million — an indication of its growing adoption and uses, according to Messari data. The post Ripple’s XRPL account near 5M despite legal issues with SEC appeared first on CryptoSlate.
2023-3-22 13:05 | |
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The Securities and Exchange Commission (SEC) has issued a subpoena to Sushi DAO and its “head chef,” Jared Grey, as part of the regulator’s ongoing efforts to scrutinize the decentralized finance (DeFi) industry and cryptocurrencies.
2023-3-22 03:00 | |
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FTX lawyers working on the crypto exchange’s bankruptcy case billed nearly $40 million in expenses in January, according to documents filed in court. The lawyers are part of a group of legal experts hired to assist FTX in its Chapter 11 bankruptcy case, which was filed last year after the exchange faced a series of […]
2023-3-8 16:10 | |
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XRP has entered a bullish trend as Ripple's legal battle with the SEC continues. Trading volume has crossed $600 million for the first time in two weeks, and XRP whales have accumulated 300 million tokens since mid-February.
2023-3-1 03:47 | |
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The bankrupt crypto exchange FTX is demanding the return of funds from politicians and members of the U.S. Congress. FTX members had donated more than $84 million to political candidates and orThe post FTX threatens legal action against political recipients of donations appeared first on AMBCrypto.
2023-2-6 15:00 | |
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Top Stories This Week SBF’s $250M bail guarantors should be made public, rules judge The identities of two individuals who helped former FTX CEO Sam Bankman-Fried with his $250 million bail bond could be revealed next month following a recent ruling by United States District Judge Lewis Kaplan.
2023-2-6 00:44 | |
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MakerDAO will set up the Defense Fund with an initial 5 million DAI. The fund acts as a self-insurance tool and will only cover legal defense expenses of specific MakerDAO participants. Funds will be secured in a multisig wallet, with the Maker Protocol taking control as a beneficiary.
2023-2-2 22:34 | |
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At its inception, the defense fund will receive a budget of $5 million held in the DAI stablecoin.
2023-2-2 20:44 | |
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The CryptoZoo saga continues as Logan Paul faces legal charges despite apologizing and proposing a $1.3 million refund.
2023-1-30 20:54 | |
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Leading crypto exchange Coinbase is facing a $3. 6 million fine for allegedly operating in the Netherlands without legal registrations with De Nederlandsche Bank (DNB). The post Coinbase fined $3.
2023-1-26 14:30 | |
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Genesis Global has reportedly instituted legal action against Roger Ver, also known as “Bitcoin Jesus,” due to his alleged refusal to settle crypto options transactions that expired on Dec. 30, 2022.
2023-1-25 12:30 | |
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The Gemini CEO has been involved in a weeks-long public spat with DCG over the repayment of a $900 million loan.
2023-1-21 09:43 | |
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The Gemini CEO has been involved in a weeks-long public spat with DCG over the repayment of a $900 million loan.
2023-1-20 09:43 | |
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The FTX founder’s claimed largesse about giving his funds away contrasts with a legal battle to keep control of $450 million in shares – that were paid for a loan from Bankman-Fried’s Alameda Research
2023-1-13 23:04 | |
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Eisenberg claimed his actions on the DeFi platform were legal and negotiated a “white hat” bug bounty after making off with over $100 million; the government is unconvinced.
2023-1-10 00:30 | |
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FTX founder Sam Bankman-Fried wants to retain control of Robinhood shares worth $450 million on the basis that the bankrupt exchange has no “legal claims” over the assets, according to a January 5 court filing.
2023-1-6 14:15 | |
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Gary Wang, former CTO of FTX and Caroline Ellison, former chief executive of Alameda, are cooperating with investigators Bankman-Fried is charged with illegally using FTX customer funds to buy real estate properties and supporting Alameda Research He was released on a $250 million bond after being extradited to the US from the Bahamas Sam Bankman-Fried […] The post CNBC: SBF to plead not guilty to buy time for his legal team appeared first on CoinJournal.
2023-1-4 17:44 | |
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He’s banned from running Binance for life — and says he plans to educate children and focus on philanthropy. But does that mean CZ’s days in crypto are truly behind him? Changpeng Zhao was the world’s richest inmate, with Forbes…
The U. S. Securities and Exchange Commission had – for a time – added Consensys to a list of crypto investigation targets, prompting the technology incubator company to sue it for overreach in federal court.
Abra has agreed to a settlement with the U.S. Securities and Exchange Commission over accusations the platform, owned by Plutus Lending, inappropriately pushed Abra Earn to customers when the product qualified as a security that should have been registered, the agency said Monday.
Abra has agreed to a settlement with the U.S. Securities and Exchange Commission over accusations the platform, owned by Plutus Lending, inappropriately pushed Abra Earn to customers when the product qualified as a security that should have been registered, the agency said Monday.
Attorneys for former FTX executive Ryan Salame are asking for 18 months in prison, citing his cooperation with authorities and remorse.
Consultants overseeing the liquidation of Celsius Network LLC have demanded a return of $2 billion from significant clients.
Jesse Powell sees CZ’s and Binance’s legal proceedings as a positive change, as “going after the most egregious offenders offshore would require effort.”