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FTX Eyes Collaboration With Novogratz’s Galaxy To Safeguard Crypto Fortune
In a recent development, bankrupt cryptocurrency exchange FTX has enlisted the services of US-based crypto firm Galaxy as an advisor to assist in hedging and selling its crypto holdings, as per court filings submitted on Wednesday. дальше »
2023-8-25 02:00 | |
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Two more US SEC attorneys withdraw from XRP lawsuit
Following the recent departure of one, two more attorneys withdrew from representing the US SEC in its lawsuit against Ripple over XRP offerings. Aug. 24 court filings reveal that attorneys Richard Best and Robert MacDonald Moye requested to withdraw from… дальше »
2023-8-24 16:27 | |
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Grayscale’s spot Bitcoin ETF encounters further setback
The US Court of Appeals has, once more, deferred its decision on Grayscale’s ability to convert its widely used Bitcoin Trust into a traditional spot Bitcoin ETF. Grayscale’s chief legal officer, Craig Salm, disclosed this announcement on X on Aug.… дальше »
2023-8-24 15:42 | |
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FTX to sell, stake and hedge its crypto assets: taps Galaxy as an advisor
According to court documents filed late on Wednesday night, bankrupt cryptocurrency exchange FTX is looking to hire Mike Novogratz’s Galaxy as an advisor to help it sell, stake, and hedge its massive crypto holdings. дальше »
2023-8-25 11:38 | |
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FTX wants court to allow up to $200M weekly crypto sale, restart ‘hedging’ BTC
FTX has filed a motion in bankruptcy court seeking approval to hire Galaxy Digital Capital Management LP (“Galaxy”) as an investment manager, according to a court filing uploaded to FTX’s claims agent website on Aug. дальше »
2023-8-24 10:43 | |
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Ripple vs. SEC: Trial Dates And Next Deadlines You Need to Know
In the continuing legal saga between Ripple Labs, its top executives, and the U. S. Securities and Exchange Commission (SEC), U. S. District Court Judge Analisa Torres has made critical announcements concerning the upcoming trial dates and associated deadlines. дальше »
2023-8-24 09:15 | |
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Ripple Ready Anytime To Fight Appeal, SEC Unavailable For 21% of Q2 2024
Ripple Labs and the US Securities and Exchange Commission (SEC) have both indicated to a US federal court their availability for a trial in Q2 2024 regarding the classification of Ripple's XRP token. дальше »
2023-8-24 05:01 | |
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Ripple, SEC inform Judge Torres of availability for trial in Q2, 2024
Ripple Labs is ready for a court battle with the US Securities and Exchange Commission (SEC), the company’s counsel says. Ripple’s legal team has filed a response to US Judge Analisa Torres’ order that parties to the upcoming trial hearing submit dates they would not be available in the second quarter of 2024. дальше »
2023-8-24 23:05 | |
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BlockFi battles FTX, 3AC in court over repayment claims
Bankrupt BlockFi is contesting efforts by the insolvent FTX and Three Arrows Capital (3AC) to recover millions of dollars owed to their creditors. In a filing to a New Jersey bankruptcy court on Aug. 21, BlockFi insisted that its creditors… дальше »
2023-8-23 16:03 | |
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Chamber of Digital Commerce assigns lawyer to argue against SEC in court as part of Coinbase case
The Chamber of Digital Commerce, a leading voice representing the trillion-dollar U. S. digital asset industry, is set to make a critical appearance in the SEC v Coinbase case, demonstrating the mounting tensions between regulatory bodies. дальше »
2023-8-23 14:30 | |
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The $20 Billion Delay: Appeal Court Pushes Back Decision On Grayscale Spot Bitcoin ETF
The D. C. Circuit Court of Appeals was expected to give a ruling on Grayscale’s Spot Bitcoin ETF lawsuit against the United States Securities and Exchange Commission (SEC) on August 22 following its failure to do so on August 18. дальше »
2023-8-23 14:20 | |
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Sam Bankman-Fried pleads not guilty as lawyers complain about neglected vegan diet, prescription medications
FTX founder and former CEO Sam Bankman-Fried has once again pleaded not guilty to criminal charges brought against him in connection with the collapse of the exchange. That report indicates that Bankman-Fried appeared in court for the first time since his bail was revoked in early August, as lawyers raised complaints about his holding conditions […] The post Sam Bankman-Fried pleads not guilty as lawyers complain about neglected vegan diet, prescription medications appeared first on CryptoSlate. дальше »
2023-8-23 23:00 | |
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Bitcoin developers filed legal issue against self-proclaimed BTC creator Craig Wright
Bitcoin developers responded to a lawsuit initiated by self-proclaimed Bitcoin creator Craig Wright, often mocked with the nickname “faketoshi.” On Aug. 21, Bitcoin Legal Defense Fund (BLDF) filed a preliminary issue application with the UK High Court against Wright’s firm… дальше »
2023-8-23 22:01 | |
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Why This Ex Bitcoin Supporter Faces Sentence For $20 Million Bribery Scandal In China
A former supporter of the Bitcoin mining industry and official in several of China’s regional government positions was sentenced by a court in the Zhenjiang Province. Xiao Yi was found guilty of abusing power and accepting over $20 million in bribes while serving as a public agent. дальше »
2023-8-22 22:00 | |
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FTX founder Bankman-Fried ‘on bread and water’ in jail, lawyers claim Sixth Amendment violation
Sam Bankman-Fried, the 31-year-old founder of the bankrupt FTX cryptocurrency exchange, pleaded not guilty to a fresh indictment involving fraud and conspiracy. His lawyer voiced concerns about Bankman-Fried’s treatment in jail during his first appearance in Manhattan federal court after… дальше »
2023-8-23 20:01 | |
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BREAKING: FTX’s Sam Bankman-Fried Pleads “Not Guilty” In Latest Hearing
According to a report from Reuters, Sam Bankman-Fried, former CEO and co-founder of the now-bankrupt FTX exchange, has pleaded not guilty to a recent charge accusing him of fraud and conspiracy. This action was taken in the first court appearance of Bankman-Fried since a US court revoked his bail in early August. In a hearing […] дальше »
2023-8-22 18:34 | |
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Sam Bankman-Fried Pleads Not Guilty to Latest Indictment
FTX founder Sam Bankman-Fried appeared in court Tuesday to be arraigned after the latest indictment accused him of using customer funds for everything from buying personal real estate to political donations. дальше »
2023-8-22 16:21 | |
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Court Responds To Sam Bankman-Fried’s Request To Be Jailed Only On Weekends
On August 18, lawyers of disgraced FTX founder Sam Bankman-Fried (SBF) requested that their client only be jailed on weekends and released on weekdays to work on his defense. US District Judge Kaplan has made an order to that effect but it is a far cry from the initial request of his lawyers. Sam Bankman-Fried […] дальше »
2023-8-22 16:00 | |
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Latest on SBF vs US DoJ: Jury instructions for October trial gets filed
The DoJ told the court that the government requests to charge SBF under seven different counts. SBF said his actions were honest mistakes in judgment and faults of management, instead of crimesThe post Latest on SBF vs US DoJ: Jury instructions for October trial gets filed appeared first on AMBCrypto. дальше »
2023-8-22 15:00 | |
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Thailand looks to ban Facebook next week over crypto ad scams
Thailand’s Ministry of Digital Economy and Society (DES) is taking steps to shut down Facebook in the country, citing harmful investment scams causing economic and public security concerns. Court petition filed. дальше »
2023-8-22 13:30 | |
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FTX bankruptcy hearing set for Thursday outlines key agenda
FTX Trading Ltd has filed an agenda for the next bankruptcy hearing on Aug. 23 before Judge John T. Dorsey of the U. S. Bankruptcy Court for the District of Delaware. Thursday, Aug. 23, FTX bankruptcy hearing. дальше »
2023-8-22 11:09 | |
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Ripple vs. SEC: XRP Won Round 1, But The Road Ahead Remains Fraught
As the crypto sector celebrated the recent Ripple win against the SEC, few commented on the court’s finding that XRP sales to institutional investors did breach securities laws. Here, we examine where to next for this precedent-setting case. дальше »
2023-8-22 11:00 | |
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Thailand Threatens to Ban Facebook Over Crypto Scams and Dodgy Ads
Thailand's Digital Economy and Society Ministry plans to request a court order to shut down Facebook in the country, citing the platform's failure to prevent cryptocurrency scams and fraudulent ads. дальше »
2023-8-22 06:56 | |
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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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Bitcoin Developers Push Back Against Craig Wright’s Claim to Billions of Dollars in Bitcoin
A group of bitcoin developers is fighting a lawsuit in the UK alleging they wrongfully refused to help Craig Wright’s crypto company retrieve billions of dollars worth of bitcoin that the company allegedly lost in a hack, a Monday court filing shows. дальше »
2023-8-22 02:20 | |
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Sam Bankman-Fried will get one day in court to meet with lawyers
According to a judge's order, SBF will be allowed access to one laptop and “WiFi device” for roughly seven hours while meeting with counsel in a courthouse cell block attorney room. дальше »
2023-8-22 00:55 | |
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Sam Bankman-Fried Due Back in Court as He Asks for Daily Releases
Sam Bankman-Fried will have five and a half hours with his attorneys, minus any time spent being arraigned yet again Tuesday on his latest indictment, which folded campaign finance allegations into existing charges. дальше »
2023-8-22 23:59 | |
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FTX revises bankruptcy court motion to expedite crypto claim settlements
FTX Trading Ltd. has filed a revised motion seeking bankruptcy court approval of streamlined procedures to settle small claims against the bankrupt cryptocurrency exchange. In the filing with the U. дальше »
2023-8-21 17:00 | |
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Glow token founder sues Crypto.com after falling victim to scam
After falling victim to an apparent scam, Bryan Lawrence, CEO of crypto startup Glow Token, has sued major crypto exchange Crypto.com. Glow Token LLC has taken legal action in a Florida court against Crypto.com, accusing the exchange of breach of… дальше »
2023-8-21 16:25 | |
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On-chain tool to seize crypto is a purist’s nightmare but a must, says CEO
A United States federal court recently used on-chain tech to lock criminals out of their crypto on the Jurat Network. Founder Mike Kanovitz admits the technology could see hate from crypto purists. дальше »
2023-8-21 06:40 | |
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Celsius set to vote on asset sale plan after court approves disclosures
Celsius Network is set to vote on its plan to offload assets to the Fahrenheit consortium after securing court approval for its disclosure statement and voting plan on Aug. 17. The court approval highlights the climax of Celsius’ year-long journey from bankruptcy, navigating through tumultuous crypto market shifts and the arrest of its former CEO, […] The post Celsius set to vote on asset sale plan after court approves disclosures appeared first on CryptoSlate. дальше »
2023-8-21 03:35 | |
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Judge favors Treasury in Coinbase-backed lawsuit over Tornado Cash sanctions
A district court judge sided with the U.S. Treasury Department in a lawsuit that involves Coinbase and sanctions imposed on crypto mixer Tornado Cash. The decision came as a blow to six plaintiffs who had challenged the agency’s authority in… дальше »
2023-8-20 21:21 | |
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Gryphon Digital seeks court dismissal of Sphere 3D's lawsuit
Gryphon Digital is requesting dismissal from a suit filed by its former partner, Sphere 3D, over a scam-related Bitcoin transfer. According to Gryphon, the incident was caused by Sphere’s security failures. дальше »
2023-8-21 20:40 | |
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Drake-backed gambling startup Stake faces legal hurdles in Australia
Stake’s expansion plans are marred by a legal showdown. An Australian share trading platform of the same name is threatening to take the startup, founded by billionaire Ed Craven and backed by hip-hop star Drake, to court. Sydney’s Stake vs.… дальше »
2023-8-20 22:22 | |
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Interlocutory Filing Sheds Light On SEC’s Stance Regarding XRP’s Security Status
Amid the SEC vs Ripple case, the United States Securities and Exchange Commission (SEC) has filed an interlocutory appeal on XRP’s security status and has made an inquiry from the US District Court in the Southern District of New York (SDNY) to certify its appeal against Ripple Labs. This significant step in the SEC vs […] дальше »
2023-8-19 20:30 | |
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Ripple Decision Rattles Legal Landscape: SEC Anticipates Significant Impact On Similar Cases
The United States Securities and Exchange Commission (SEC) has officially filed a motion to certify an interlocutory appeal in the ongoing legal battle against Ripple Labs and its executives. The motion, submitted to the court, requests certification for two key holdings in the court’s summary judgment order issued on July 13, 2023. Legal Showdown With […] дальше »
2023-8-19 06:00 | |
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XRP Ruling Needs Appeals Court Review, SEC Says
The U.S. Securities and Exchange Commission (SEC) asked for permission to appeal a federal judge's ruling that XRP sales through exchanges didn't violate securities law, a day after the judge said the SEC could present its argument. дальше »
2023-8-19 00:13 | |
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No final decision yet in Grayscale ETF lawsuit with the SEC
The crypto community expected a decision from the US Court of Appeals regarding a lawsuit by Grayscale against the US Securities and Exchange Commission (SEC) today. It did not come and experts are saying the next possible date is next Tuesday, August 22. дальше »
2023-8-18 20:14 | |
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US Court Greenlights SEC’s Request To Probe Terra Co-Founder In Korea
In a significant legal development, US District Judge Jed Rakoff granted the US Securities and Exchange Commission (SEC) the authority to collaborate with the South Korean government in its probe against Do Kwon’s Terraform Labs co-founder, Daniel Shin, and collect evidence from payments company Chai Corp. дальше »
2023-8-19 19:30 | |
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Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval
Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings. дальше »
2023-8-18 10:13 | |
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