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FTX creditor group files objection against bankruptcy reorganization plan
A group of FTX creditors led by Sunil Kavuri has objected to the reorganization plan filed by the defunct exchange’s bankruptcy managers. According to a June 5 court filing, the creditors argued that the plan failed the best interest test. дальше »
2024-6-7 22:24 | |
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Genesis to return $3B to customers after court approves bankruptcy plan
Genesis Global gets court approval to repay $3 billion to customers. Judge Sean Lane overruled an objection from Genesis parent company Digital Currency Group. DCG argued payments to be in US value of assets as of bankruptcy filing in January 2023. дальше »
2024-5-20 12:58 | |
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Terraform Labs Accuses SEC Of ‘Government Overreach’ In Legal Defense Dispute
In a recent court filing, bankrupt cryptocurrency firm Terraform Labs has strongly criticized the US Securities and Exchange Commission (SEC) for its objection to a $166 million retainer paid to law firm Dentons. дальше »
2024-3-6 22:00 | |
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DCG files objection in bankruptcy court, calls out Genesis’ settlement subversive
Digital Currency Group (DCG) opposes the settlement between the New York Attorney General and Genesis. DCG filed a new application following an agreement with the prosecutor and Genesis, a bankrupt crypto lender that was one of DCG’s companies. Company executives… дальше »
2024-2-23 13:36 | |
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Bitwise Updates its Bitcoin ETF Application; Polkadot and InQubeta Anticipate Q4 2023 Price Spike
The crypto market is abuzz with anticipation as Bitwise, a leading crypto asset manager, filed an amended application for a spot Bitcoin exchange-traded fund (ETF). This comprised a 40-page new text responding to the United States Securities and Exchange Commission’s (SEC) objection to the product. дальше »
2023-9-30 13:58 | |
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SEC objects to Coinbase’s proposed role in Celsius bankruptcy plan
The U. S. Securities and Exchange Commission (SEC) on Sept. 23 filed an objection to part of a reorganization plan advanced by bankrupt crypto firm Celsius. That filing indicates that Celsius aims to have the crypto exchange Coinbase act as a distribution agent and return funds to former users affected by its collapse. дальше »
2023-9-26 00:00 | |
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Republican lawmakers object to Fed’s proposed crypto, stablecoin rules
Three U.S. representatives expressed concerns on Aug. 28 regarding stablecoin and crypto rules recently put forward by the Federal Reserve. Today’s objection was signed by three U.S. representatives: Patrick McHenry, Chairman of the House Financial Services Committee; French Hill, Chairman of the Committee on Financial Services Subcommittee on Digital Assets; and Bill Huizenga, Chairman of […] The post Republican lawmakers object to Fed’s proposed crypto, stablecoin rules appeared first on CryptoSlate. дальше »
2023-8-29 22:50 | |
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FTX Debtors Pivot: Revised Settlement Proposal Emerges Amid US Trustee Objection
In a recent court filing on Sunday, bankrupt cryptocurrency exchange FTX disclosed that it had revised its motion for settlement after facing objections from the US Trustee. Despite criticizing the US Department of Justice (DOJ) representatives for intervening in what they considered a routine settlement process safeguarded by two creditor committees, FTX debtors acknowledged the […] дальше »
2023-8-22 02:30 | |
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FTX overhauls settlement proposal amidst U.S. Trustee objection
FTX was revising its settlement proposal as a response to U. S. Trustee objections. The bankrupt exchange sought a transparent and balanced creditor claims resolution. Bankrupt cryptocurrencyThe post FTX overhauls settlement proposal amidst U. дальше »
2023-8-21 15:00 | |
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Crypto Exchange Bittrex’s Customer-Repayment Plan Faces U.S. Government Objection
If successful, it wouldn’t be the first time the state has scuppered a crypto bankruptcy proposal. дальше »
2023-6-8 11:21 | |
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FTX files objection to Genesis after being snubbed in $0.00 claim estimate
FTX and its associated debtors declared numerous objections to Genesis’s bankruptcy proceedings and recovery plans in a June 2 court filing. FTX’s claim estimated at zero On May 9, Genesis began to seek a 100-day extension for its Chapter 11 recovery plan. дальше »
2023-6-3 17:16 | |
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FTX-Promoting YouTubers Hit with A $1B Class Action Lawsuit
Ten YouTube and social media promoters are facing a class action lawsuit filed by a group of investors seeking more than $1 billion in damages for the deceptive promotion of FTX. According to an objection filed on March 15 in the Miami District Court, the group claims that the popular influencers- Ben Armstrong, Graham Stephan […] дальше »
2023-3-24 18:49 | |
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Bankrupt Voyager To Sell Assets to Binance.US Pending SEC Objection
Bankrupt crypto lending firm Voyager Digital has received approval from a United States bankruptcy judge to sell its assets to Binance.US. The post Bankrupt Voyager To Sell Assets to Binance.US Pending SEC Objection appeared first on BeInCrypto. дальше »
2023-3-8 08:52 | |
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Voyager Bankruptcy Judge Expresses Skepticism Over U.S. SEC Objection to Binance US Deal
Judge Michael Wiles of the Southern District of New York questioned a U.S. Securities and Exchange Commission attorney over the agency's concerns that Binance US may be operating an unregistered securities exchange. дальше »
2023-3-7 04:20 | |
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Judge questions SEC’s objection to Voyager-Binance.US deal
The U.S. bankruptcy judge overseeing the Voyager case has chastised the SEC for its reasoning. The regulatory bodies are investigating the deal to determine if it will involve foreign investmenThe post Judge questions SEC’s objection to Voyager-Binance.US deal appeared first on AMBCrypto. дальше »
2023-3-3 13:45 | |
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Voyager Bankruptcy Judge Says He Is ‘Absolutely Shocked’ by SEC Objection to Binance.US Deal
U.S. Bankruptcy Judge Michael Wiles appeared heavily skeptical about an attempt by the Securities and Exchange Commission (SEC) to stop a purchase by Binance US of assets of defunct crypto lender Voyager at a Thursday court hearing. дальше »
2023-3-2 18:58 | |
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Celsius‘ motion to extend timeline for restructuring plan faces objection from creditors
“It is time to allow the Debtors’ customers to propose their own plan for the assets that they were defrauded into investing with Celsius,” said a Withhold account holders’ filing. дальше »
2023-2-10 22:30 | |
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FTX lawyers claim independent examiner could bag $100m in vain
Lawyers representing FTX have claimed that an outsourced examiner would cost the company more than $100 million without benefiting equity holders or creditors. The Jan. 25 objection argument comes after the recent motion by US Trustee Andrew Vara, who was… дальше »
2023-1-26 16:57 | |
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Voyager describes Alameda’s objection to its Binance deal as ‘hypocrisy’
Bankrupt crypto lender Voyager described Alameda’s objection to Binance US’ bid for its assets as “hypocrisy and chutzpah. ” Voyager said the bankrupt crypto trading firm has “desperately sought to undermine and sabotage” its restructuring efforts. дальше »
2023-1-9 16:45 | |
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Binance.US’ Acquisition of Voyager Digital Blocked By SEC
The US Securities and Exchange Commission (SEC) has filed a “limited objection” to the proposed $1 billion acquisition of bankrupt crypto lending firm Voyager Digital by Binance. US exchange. In a limited objection made through court filing on Wednesday, January 4, the SEC said Binance. дальше »
2023-1-10 23:36 | |
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SBF Lost Billions But Won’t Let FTX Creditors Touch his Robinhood Shares in Latest Filing
Former FTX founder Sam Bankman-Fried's lawyers have filed an objection to protect their client’s Robinhood shares from FTX bankruptcy estate. The post SBF Lost Billions But Won’t Let FTX Creditors Touch his Robinhood Shares in Latest Filing appeared first on BeInCrypto. дальше »
2023-1-7 22:09 | |
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Alameda objects to debtors’ Plan in bankruptcy case
Alameda Research — alongside affiliates Maclaurin Investments and Alameda Ventures — submitted an objection to the debtors’ Motion for Entry of an Order. The post Alameda objects to debtors’ Plan in bankruptcy case appeared first on CryptoSlate. дальше »
2023-1-6 11:45 | |
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SEC files limited objection to Voyager-Binance.US deal
The United States Securities and Exchange Commission (SEC) is pausing Voyager Digital’s plans to sell its assets to Binance US, according to a court filing dated January 4. The post SEC files limited objection to Voyager-Binance.US deal appeared first on CryptoSlate. дальше »
2023-1-5 01:58 | |
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Texas Objects to Celsius Plan to Fund Operations With Stablecoin Sales
Texas state agencies are raising an objection to a plan by bankrupt crypto lender Celsius Network to sell off its stablecoin holdings to pay for ongoing operations, according to a new court filing. дальше »
2022-9-30 21:20 | |
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Voyager Digital’s creditors oppose retention bonus for employees
Bankrupt crypto-lender Voyager Digital has run into trouble again, this time drawing flak from its creditors. The Official Committee of Unsecured Creditors of Voyager Digital has filed an objection agThe post Voyager Digital’s creditors oppose retention bonus for employees appeared first on AMBCrypto. дальше »
2022-8-23 00:00 | |
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Ripple Notches Another Win As Court Thumbs Down SEC Motion To Seal
As the Ripple community braces for the major ruling on the key judgement on the Hinman 2018 documents, Ripple Labs has scored another victory as presiding judge Analisa Torres denied the SEC’s petition to seal its objection to Amici participation. дальше »
2022-6-11 18:30 | |
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SEC Moves To Prevent XRP Holders From Participating In The Ripple Lawsuit
The United States Securities and Exchange Commission (SEC) has told the court that it's planning to file an objection to the amici request made on behalf of a group of individuals who own the XRP token. дальше »
2022-5-26 22:42 | |
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Ripple vs SEC: Watchdog files for another extension as Ripple CEO stays positive
The SEC VS XRP lawsuit just keeps getting interesting with every passing day. In the latest turn of events, SEC has requested for an extension of time to file its Objection to Magistrate Judge NetburnThe post Ripple vs SEC: Watchdog files for another extension as Ripple CEO stays positive appeared first on AMBCrypto. дальше »
2022-4-16 18:30 | |
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Pakistani Minister Confirms Government Not Against Cryptocurrencies
Pakistan’s Minister of State for Parliamentary Affairs, Ali Muhammad Khan, said that the government has no objection to the use of cryptocurrencies by Pakistani youth. The lower house of parliament in Pakistan highlighted the absence of a regulatory framework for cryptocurrency on 20 October 2021. дальше »
2021-10-23 18:00 | |
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XRP lawsuit: SEC files objection to Ripple's motion to seal meeting-related documents
The United States Securities and Exchange Commission [SEC] has filed an objection to Ripple's Motion to seal documents relating to various Ripple meetings. However, the said motion had in fact, alreadThe post XRP lawsuit: SEC files objection to Ripple's motion to seal meeting-related documents appeared first on AMBCrypto. дальше »
2021-9-11 18:00 | |
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All these banks must strictly implement 'Notice on preventing Bitcoin risks'
It's no secret that China is not a fan of cryptocurrencies. To reaffirm its objection towards the use of virtual currencies, China's central bank interviewed 5 banks and Alipay and requested them to nThe post All these banks must strictly implement 'Notice on preventing Bitcoin risks' appeared first on AMBCrypto. дальше »
2021-6-21 15:00 | |
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Finally, India's RBI breaks its silence on 'crypto ban'
Indian cryptocurrency holders and users can finally breathe a sigh of relief as RBI released its objection to banks using its old circular to refrain from processing crypto payments. As per the ReservThe post Finally, India's RBI breaks its silence on 'crypto ban' appeared first on AMBCrypto. дальше »
2021-6-1 18:44 | |
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Dutch central bank revokes wallet-verification requirement for bitcoin exchange Bitonic
CryptoNinjas » Dutch central bank revokes wallet-verification requirement for bitcoin exchange Bitonic Bitonic, a Netherlands-based bitcoin exchange company, announced that De Nederlandsche Bank NV (DNB), the central bank of the country, has acknowledged a recent objection made by Bitonic with regard to the so-called wallet verification requirement. дальше »
2021-5-21 00:23 | |
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What Bitcoin Must Do To Remain The Crypto Top Dog, According to Ripple Chairman
Historically speaking, one key objection to bitcoin has been its perceived massive energy consumption. Some people have suggested that the flagship cryptocurrency is causing an environmental disaster due to its proof-of-work consensus algorithm. дальше »
2021-4-25 23:45 | |
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