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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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Is This Finally an Atomic Bomb From the SEC?
The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally force court rulings that define how the industry can move forward. дальше »
2023-3-24 01:24 | |
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FTX plans to sell stake in Mysten Labs for $96M
FTX has submitted a motion through which it intends to sell its stake in Mysten Labs, according to a bankruptcy court filing on March 22. The post FTX plans to sell stake in Mysten Labs for $96M appeared first on CryptoSlate. дальше »
2023-3-24 00:52 | |
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Mysten Labs to Buy Back Equity, Token Warrants From FTX Bankruptcy Estate for $96M
FTX Ventures invested $101 million in Mysten Labs just months before Sam Bankman-Fried’s empire collapsed. Now, Mysten is buying back the stake (and Sui token warrants) for $96 million through bankruptcy court. дальше »
2023-3-24 23:25 | |
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Judge Dismisses Case Against Creator of Quantum – the First NFT
The case involving “Quantum” is an example of how blockchain technology protects the rights of digital artists. Canadian company Free Holdings will not get the chance to go to court over the first-known NFT on record. дальше »
2023-3-23 14:37 | |
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Coinbase Hit With Wells Notice, SEC Pursues ‘Court Over Constructive Dialogue’
Coinbase has become the next major exchange to receive a Wells Notice from the United States Securities and Exchange Commission (SEC). The post Coinbase Hit With Wells Notice, SEC Pursues ‘Court Over Constructive Dialogue’ appeared first on BeInCrypto. дальше »
2023-3-23 08:21 | |
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XRP Bulls in Control: What’s Driving The Recent Price Surge?
While Ripple is battling the SEC in court, the XRP token displays incredible performance with an over 20% price increase over the past 24 hours. XRP moved forward to grab the first position among the top-gaining cryptocurrencies. дальше »
2023-3-23 20:30 | |
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CEL surges as Celsius settlement gets court approval, details inside
The court has approved a settlement agreement between Celsius and its custody account holders. CEL sees increased trading volume in the last 24 hours. On 21 March, cryptocurrency lending plaThe post CEL surges as Celsius settlement gets court approval, details inside appeared first on AMBCrypto. дальше »
2023-3-22 19:30 | |
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Why Coinbase Is Asking Supreme Court for Protection from Legal Disputes
Coinbase argues in the Supreme court to put an automatic stay on its legal cases citing the Arbitration Clause in the user agreement. The post Why Coinbase Is Asking Supreme Court for Protection from Legal Disputes appeared first on BeInCrypto. дальше »
2023-3-22 15:00 | |
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SC justices hear Coinbase’s first arguments in favor of class action arbitration
Coinbase was met with some resistance on March 21 as it attempted to persuade Supreme Court justices that certain class action suits should go to arbitration. The post SC justices hear Coinbase’s first arguments in favor of class action arbitration appeared first on CryptoSlate. дальше »
2023-3-22 02:33 | |
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GALA Announces Lawsuit Against pNetwork
Gala holds pNetwork responsible for the loss of millions of dollars in damages, and a chunk of its reputation. GALA is taking on pNetwork in court. The case will determine who is responsible for a multi-million dollar breach back in November 2021. дальше »
2023-3-21 12:42 | |
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Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes
Auros Global, the trading firm that reportedly lost $20 million on FTX’s implosion, was released from provisional liquidation of British Virgin Island court after major debt restructuring and a fresh $17 million investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital. дальше »
2023-3-21 03:42 | |
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U.S. Supreme Court to Hear First Crypto Case Tuesday
The U.S. Supreme Court will hear arguments in its first ever crypto-related case on Tuesday, when lawyers for San Francisco-based crypto exchange Coinbase will attempt to convince the nine Justices to pause a pair of class action lawsuits against the exchange. дальше »
2023-3-21 23:22 | |
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FTX’s Bahamas Arm a ‘Nullity’ That Should Be Stripped of Assets: Court Filings
The Caribbean arm is a mere shell to further Sam Bankman-Fried’s fraud, the company alleged. дальше »
2023-3-20 13:09 | |
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SVB Financial files for Chapter 11 Bankruptcy as Bitcoin, cryptos see green
SVB Financial has decided to move for chapter 11 filing before a Southern New York district court The group reported a liquidity of around $2.2 billion in the filing On one hand, Bitcoin (BTThe post SVB Financial files for Chapter 11 Bankruptcy as Bitcoin, cryptos see green appeared first on AMBCrypto. дальше »
2023-3-17 15:54 | |
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Former FTX CEO Sam Bankman-Fried seeks insurance coverage for legal expenses
Sam Bankman-Fried is seeking the court’s assistance in giving priority to the reimbursement of his legal fees. The post Former FTX CEO Sam Bankman-Fried seeks insurance coverage for legal expenses appeared first on CryptoSlate. дальше »
2023-3-16 05:00 | |
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Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees
FTX's legal counsel requested insurers to advance or reimburse Bankman-Fried's defense costs and fees under the company's directors and officers insurance. дальше »
2023-3-16 00:00 | |
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NFTs Used to Serve Court Papers in Victory Against Hackers
A hacking victim has submitted court papers as NFTs and won the case. The ruling took place last week, where the plaintiff, who goes by the name Rangan Bandyopadhyay, lost almost $1 million in USDT in a hacking scheme back in December 2021. дальше »
2023-3-15 18:59 | |
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Voyager - Binance.US sale deal runs into new regulatory roadblock
U. S. government is arguing that $1 billion transaction made by Binance. US to purchase assets of Voyager should be placed on hold In order to file an appeal, a two-week delay on the court's apprThe post Voyager - Binance. дальше »
2023-3-15 15:00 | |
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NY AG sues KuCoin for selling securities and commodities without registration
New York Attorney General Letitia James says the suit is the first time a regulator has claimed that Ether is a security in court. дальше »
2023-3-10 00:55 | |
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KuCoin Lawsuit Could Set Dangerous Precedent For Ethereum
The New York District Attorney General (NYDA), Letitia James, filed a lawsuit against crypto exchange KuCoin. According to a document filed with the Supreme Court of the State of New York against two companies running the trading venue in the U. дальше »
2023-3-10 00:21 | |
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FTX Reaches $45M Deal to Sell Interest in Sequoia to Abu Dhabi's Investment Arm
The agreement requires approval from a Delaware bankruptcy court as failed exchange seeks to raise funds for creditors. дальше »
2023-3-10 12:10 | |
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FTX Lawyers, Advisers Submit Nearly $40 Million Invoice For January Work
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 […] дальше »
2023-3-8 16:10 | |
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Ripple Execs Voice Confidence After SEC Defeats This Week
Brad Garlinghouse, CEO of Ripple, took a swipe at the U. S. Securities and Exchange Commission (SEC) in a tweet today, reacting to recent setbacks the agency has taken since Monday. The SEC has suffered three setbacks in court this week. дальше »
2023-3-8 14:10 | |
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VGX up 38% as court approves Binance.US’s Voyager deal
A federal bankruptcy judge in the United States on March 7 approved Voyager’s long-awaited restructuring plan with Binance.US. Following the news, Voyager’s token VGX soared by almost 38% in the last 24 hours, according to data from CoinMarketCap. However, the… дальше »
2023-3-8 11:55 | |
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GBTC Discount Collapses Due to Grayscale’s Unexpected Court Success
The Grayscale Bitcoin Trust (GBTC) discount collapsed in value after oral arguments presented in federal court on Tuesday appeared to side with Grayscale in their legal fight against the U.S. Securities and Exchange Commission (SEC) дальше »
2023-3-8 22:17 | |
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Judges question SEC’s logic during Grayscale’s first Bitcoin spot ETF appeal hearing
Federal appellate court judges questioned the SEC’s arguments during the first appeals hearing on March 7 and asked the regulator’s lawyer what more Grayscale Investments needs to offer to satisfy its requirements regarding a spot Bitcoin ETF. дальше »
2023-3-8 20:59 | |
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US trustee appeals FTX bankruptcy judge's ruling to deny appointment of independent examiner
The legal team for U.S. Trustee Andrew Vara petitioned to have the U.S. District Court consider an appeal for a ruling on an independent examiner in FTX's bankruptcy case. дальше »
2023-3-7 00:42 | |
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SEC Files Emergency Action Against BKCoin for Running $100M ‘Ponzi-Like’ Scheme
The U.S. Securities and Exchange Commission (SEC) was granted emergency relief by a Florida court on Monday to freeze and appoint a receiver for the assets of Miami-based crypto hedge fund BKCoin and one of its co-founders, Kevin Kang. дальше »
2023-3-7 20:43 | |
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