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FTX sues Binance and Changpeng Zhao for $1.8 billion over alleged financial sabotage

Bankrupt crypto exchange FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao, seeking to reclaim approximately $1. 8 billion. According to a Nov. 10 court filing, FTX alleges a complex series of actions that contributed to its financial downfall, placing Binance’s early involvement and Zhao’s actions in the spotlight. дальше »

2024-11-11 13:04


FTX Co-Founder Gary Wang Begs Judge For Freedom: Will He Escape Jail Time?

Gary Wang, FTX’s co-founder, has asked through his legal team for a non-custodial sentence in a memo filed last November 6th in connection with the United States v. Sam Bankman-Fried. The computer programmer argued that he should not serve jail time over his supposed involvement with the failed FTX since he was a key witness […] дальше »

2024-11-8 08:00


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FTX reaches $228 million settlement with Bybit amid bankruptcy efforts

FTX has reached a $228 million settlement with crypto exchange Bybit and its affiliates, concluding a lawsuit filed in Nov. 2023 that sought to recover approximately $1 billion in assets. The agreement allows FTX to withdraw $175 million in digital assets held on Bybit’s platform and sell about $53 million in BIT tokens to Mirana […] The post FTX reaches $228 million settlement with Bybit amid bankruptcy efforts appeared first on CryptoSlate. дальше »

2024-10-29 14:30


Ripple files cross-appeal challenging SEC’s XRP institutional sales ruling

Stuart Alderoty, Ripple’s chief legal officer, said “the SEC can’t submit new evidence or ask us to produce more” Ripple’s Form C requests that each issue is subjected to a de novo standard of review Ripple’s cross-appeal follows a week after the SEC filed its cross-appeal against a previous ruling that partially favored Ripple Ripple […] The post Ripple files cross-appeal challenging SEC’s XRP institutional sales ruling appeared first on CoinJournal. дальше »

2024-10-26 15:27


Ripple Files Civil Appeal Pre-Argument Statement Against SEC: Key Takeaways

On Thursday, October 24, Ripple Labs filed the Civil Appeal Pre-Argument Statement, known as Form C, in its case with the US Securities and Exchange Commission (SEC). This document outlines the critical issues the company intends to present on appeal, each subject to a de novo standard of review, meaning the appellate court will re-examine […] дальше »

2024-10-25 09:10