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FTX court filing reveals $7B in assets as firm aims to complete bankruptcy process by second quarter 2024

FTX is eyeing the completion of its bankruptcy process for the second quarter of next year, according to its Sept. 11 court filings. As per the filing, the firm is currently involved with ongoing negotiations and mediation with stakeholders over the coming months to resolve open plan issues involving its bankruptcy plans. дальше »

2023-9-11 19:50


SEC Vs. Ripple: Commission Urges Court To Grant Appeal Request In Latest Filing

The United States Securities and Exchange Commission has submitted a new filing pushing for the approval of its request to appeal the court’s judgment in the lawsuit against Ripple Labs. This comes exactly a week after the payment technology platform argued that the court should not certify the commission’s interlocutory appeal. On September 1, Ripple […] дальше »

2023-9-9 14:00


Altcoin Daily Forecasts $50,000 Ethereum Following the Highly Anticipated ETF

In a recent video by Altcoin Daily, a popular cryptocurrency news channel, the host dives deep into the future of Ethereum, making a bold prediction of a $50,000 price tag for the cryptocurrency. The Significance of a Spot Ethereum ETF Altcoin Daily begins by discussing the filing of the first-ever spot Ethereum ETF by Kathy […] The post Altcoin Daily Forecasts $50,000 Ethereum Following the Highly Anticipated ETF appeared first on CaptainAltcoin. дальше »

2023-9-7 17:30


Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’

Crypto exchange Gemini rejected the proposed settlement deal between bankrupt crypto platform FTX and Genesis, according to an Aug. 31 court filing. Gemini posited that the proposed settlement between the failed firms is an attempt to manipulate the voting process for the bankruptcy plan, further describing it as a “sweetheart pre-plan deal” designed to benefit […] The post Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’ appeared first on CryptoSlate. дальше »

2023-9-1 14:01


Uniswap Labs, VC backers cleared of liability in scam token case as judge dismisses complaint

A judge for the United States District Court of Southern New York dismissed a class action suit against Uniswap in a filing dated Aug. 30. The lawsuit, which targeted Uniswap Labs as well as venture capital defendants Paradigm, Andreessen Horowitz, and USV, claimed that the plaintiffs suffered financial losses due to investing in scam tokens […] The post Uniswap Labs, VC backers cleared of liability in scam token case as judge dismisses complaint appeared first on CryptoSlate. дальше »

2023-8-31 23:10


Digital Currency Group to pay $1.4B as agreement made with Genesis for up to 90% of funds

Genesis Global and affiliates have reached a deal in principle on a bankruptcy reorganization plan supported by creditors, according to a court filing Tuesday. The cryptocurrency lender aims to emerge from Chapter 11 protection after entering mediation in May to resolve disputes over a reorganization plan. дальше »

2023-8-29 10:28


U.S. government hits Bankman-Fried and attorneys with 4 million pages of discovery documents

U. S. prosecutors have just unloaded a massive amount of discovery documents, according to lawyers for former FTX CEO Sam-Bankman Fried on Aug. 25. In the relevant court filing, lawyers broadly objected to the government’s intention of opening access to discovery materials — that is, evidence and legal information — while Bankman-Fried is held at the […] The post U. дальше »

2023-8-26 03:30