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Court approves Terraforms Labs’ request to hire Dentons despite regulatory concerns

A US bankruptcy court has approved Terraform Labs’ request to retain law firm Dentons despite concerns raised by the company’s creditors and the SEC. This approval comes on the heels of Dentons’ commitment to return $48 million to Terraform, a substantial part of the retainer fee initially paid to the firm for legal services, marking […] The post Court approves Terraforms Labs’ request to hire Dentons despite regulatory concerns appeared first on CryptoSlate. дальше »

2024-3-14 01:18


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Montenegro decides to extradite Do Kwon to South Korea in retrial

The Montenegrin high court overseeing Terraform Labs co-founder Do Kwon’s extradition retrial has decided to send him back to South Korea instead of the US, local media reported on March 7. The decision will likely be final as the case has gone through multiple stages of trials and appeals over the past year as both […] The post Montenegro decides to extradite Do Kwon to South Korea in retrial appeared first on CryptoSlate. дальше »

2024-3-8 20:13


U.S. Judge Enters Default Ruling Against Ex-Coinbase Insider, Says Secondary Market Sales Are Securities Transactions

In an insider trading case involving Coinbase's former product manager Ishan Wahi, his brother Nikhil Wahi and their friend Sameer Ramani, a U.S. court ruled on March 1, 2023, that the trading of certain crypto assets on a secondary market, which Coinbase is, are securities transactions. дальше »

2024-3-5 08:58


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xAI Corp owner Elon Musk sues OpenAI for straying from non-profit roots

Elon Musk has filed a lawsuit against OpenAI, its co-founders Sam Altman and Greg Brockman, and other related entities. According to the Feb. 29 court filing, Musk alleged that the defendants were in breach of their founding agreement, which stipulated that the company would develop artificial general intelligence (AGI) for the benefit of humanity, not […] The post xAI Corp owner Elon Musk sues OpenAI for straying from non-profit roots appeared first on CryptoSlate. дальше »

2024-3-3 20:01