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FTX lawsuit alleges Bybit used “VIP” privileges to withdraw $953M before collapse

FTX and Alameda bankruptcy advisers made allegations of fraud against crypto exchange Bybit, its two corporate affiliates, and four senior executives, in a lawsuit filed on Nov. 10. The lawsuit alleged that the defendants used a “fraudulent scheme” to withdraw cash and assets from the FTX platform, right before it collapsed. дальше »

2023-11-12 01:17


Terra Vs. SEC: Do Kwon Receives Shocking Response From Regulator

In the ongoing legal battle between the US SEC and Terraform Labs, the regulator has declared its decision to deny the latter’s motion for the dismissal of the lawsuit.   SEC Denies Terra Form’s Dismissal Request The US Securities and Exchange Commission (SEC) has continuously denied TerraformLabs and its Co-founder Do Kwon Do’s motion to dismiss […] дальше »

2023-11-9 17:00


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Crypto lawyer John Deaton believes Ripple has 90% chance of winning SEC lawsuit

Well-known cryptocurrency attorney John Deaton believes that the SEC only has a 10% chance of winning its dispute with Ripple, with 90% odds in the company’s favor. Deaton said that a settlement of $20 million or less would represent a significant legal triumph for Ripple, a sentiment echoed by many in the cryptocurrency community. дальше »

2023-11-5 19:26


Coinbase’s Dogecoin Sweepstakes Case To Be Decided By The Supreme Court

In a recent development, the United States Supreme Court has decided to take on a lawsuit related to a Dogecoin sweepstakes, which involves Coinbase and its customers. This comes almost a year after the US District Court for the Northern District of California initially denied the exchange’s motion to force the class-action lawsuit to arbitration.  […] дальше »

2023-11-4 16:00


Bitcoin Magazine Faces Lawsuit Threat From US Federal Reserve Over Parody Apparel

The US Federal Reserve (Fed) has taken legal action against Bitcoin Magazine, alleging that the publication’s parody merchandise infringes on its image and trademarks.  The dispute revolves around using the FedNow Service image and trademark in merchandise sold by Bitcoin Magazine, which aims to critique the surveillance capabilities of the FedNow system and its potential […] дальше »

2023-11-3 18:06


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Terraform Labs, Do Kwon file motion to dismiss SEC lawsuit

Terraform Labs and its co-founder Do Kwon filed a motion for summary judgment with a federal court, asking the judge to dismiss the SEC’s securities fraud lawsuit against it. Terraform Labs collapsed in May 2022 after its native token LUNA lost 99% of its value when the linked algorithmic stablecoin UST lost its peg to […] The post Terraform Labs, Do Kwon file motion to dismiss SEC lawsuit appeared first on CryptoSlate. дальше »

2023-10-31 23:40


Gemini Files Lawsuit Against Genesis Over Disputed $1.6 Billion Bitcoin Trust Shares

In a recent development, crypto exchange Gemini has filed a lawsuit against the crypto platform Genesis Global about the ownership of shares in the Grayscale Bitcoin Trust (GBTC).  Per the lawsuit, the exchange is seeking a determination from a federal judge to establish that Genesis has no right to over 60 million GBTC shares pledged […] дальше »

2023-10-28 00:00