Phalanx of FTX Lawyers and Accountants Bill Nearly $40M for One Month’s Work

Bankruptcy lawyers and accountants for the embattled crypto exchange FTX have submitted hefty invoices for their work. The post Phalanx of FTX Lawyers and Accountants Bill Nearly $40M for One Month’s Work appeared first on BeInCrypto.

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Former SEC Official Doubts FTX Crash Will Prompt Congress to Act on Crypto Regulations

Lisa Braganca, former SEC enforcement branch chief, discusses why regulation for crypto is likely to come from the SEC or CFTC rather than Congress and why SBF’s lawyers are “apoplectic.”

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FTX Violated Its Own Terms of Service and Misused User Funds, Lawyers Say

Although FTX’s terms of service prevented it from using customer’s crypto, lawyers told CoinDesk that its swift downfall indicates the funds were misused.

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Saying ‘not financial advice’ won’t keep you out of jail: Crypto lawyers

Australian and U.S. digital asset lawyers told Cointelegraph that by and large, the words on their own as "pretty useless."

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DAOs Aren't People, Crypto Lawyers Tell Court in CFTC's Ooki Case

The Commodity Futures Trading Commission shouldn't be able to serve an entire decentralized autonomous organization (DAO) at once, but rather, should serve the people in it, a group of lawyers said in an amicus filing Monday.

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With Crypto Governance in CFTC Crosshairs, SushiSwap Mulls Legal Shakeup

Outside lawyers have told SushiSwap to restructure around legal entities. In the wake of Ooki, will the DAO listen?

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With Crypto Governance in CFTC Crosshairs, Sushi Exchange Mulls Legal Shakeup

Outside lawyers have told SushiSwap to restructure around legal entities. In the wake of Ooki, will the DAO listen?

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Court Rules CFTC Legally Served Ooki DAO Through Help Bot

The ruling came the same day a group of crypto lawyers and developers filed to join the CFTC's case against Ooki DAO.

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Basketball star for a crypto launderer? Alexander Vinnik's lawyers considers prisoner swap: Report

Though political tensions may be high between the U.S. and Russia, authorities still negotiated a prisoner swap of Trevor Reed for drug smuggler Konstantin Yaroshenko in April.

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5 Top Crypto Lawyers Join Law Firm Brown Rudnick’s Digital Commerce Practice

Brown Rudnick, the international law firm best known for successfully representing actor Johnny Depp in his recent defamation suit against ex-wife Amber Heard, could be on its way to a new reason for notoriety – having one of the top crypto practices in the country.

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Can Avalanche [AVAX] be a profitable bet for traders going long

Recently published CryptoLeaks blog post alleged that Ava Labs, the creator of the Avalanche blockchain, was involved in paying lawyers to “attack and harm crypto organizations and projects that migThe post Can Avalanche [AVAX] be a profitable bet for traders going long appeared first on AMBCrypto.

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Ava Labs Dismisses “Conspiracy” Alleging Avalanche Paid Lawyers to Sue Competitors

Ava Labs founder and CEO Emin Gn Sirer took to Twitter to deny the claims presented in the article. Crypto Leaks Alleges Secret Link Between Ava Labs and Roche Freedman...

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BitBoy Lawsuit Gathers Steam, Defendant Appeals for Funding

Crypto influencer Ben Armstrong aka BitBoy Crypto’s lawyers, served Erling Mengshoei (Atozy) the official lawsuit at his home on Aug. 23, 2022. The post BitBoy Lawsuit Gathers Steam, Defendant Appeals for Funding appeared first on BeInCrypto.

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As SEC Leans on Enforcement to Regulate, Crypto Lawyers Study Every Word

The U.S. Securities and Exchange Commission isn’t volunteering to clarify what makes a crypto token a security, but the agency showed some of its hand in enforcement documents crypto lawyers are studying like scripture.

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Kim Kardashian’s legal team files motion to dismiss EthereumMax crypto lawsuit

Kim Kardashian’s lawyers filed a joint motion to dismiss the class-action complaint against the American businesswoman for promoting an alleged “pump and dump” crypto token.

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Celsius lawyers claim users relinquished their crypto when they signed up

One hearing into its lengthy bankruptcy process, Celsius has already sparked controversy regarding its restructuring plans and claims over user funds. The post Celsius lawyers claim users relinquished their crypto when they signed up appeared first on CryptoSlate.

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Celsius Network Lawyers Argue That Users Have No Right To Their Crypto

Since Celsius Network limited withdrawals, swaps, and transfers last month, it has been a rollercoaster for users trying to get their funds off the platform. It all came to a head last week when the lending protocol had finally filed for Chapter 11 bankruptcy, following in the footsteps of Voyager. This had given users some […]

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Celsius lawyers claim users gave up legal rights to their crypto

Lawyers for the bankrupt crypto lender reaffirmed that user funds essentially belonged to the company and not the user, with potentially one major exception.

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Celsius Replaces Its Lawyers And Repays $20 Million Debt To Aave

Though caught up in the web of the prevailing crypto bear market, Celsius adversely impacted the situation. The crypto lending platform has been struggling to break loose from the effect of insolvency.

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Cornered Crypto Lender Celsius Hires New Restructuring Team

Kirkland & Ellis LLP, Celsius new legal firm, will replace the companys prior lead restructuring counsel. Celsius Hires New Lawyers Celsius has hired a new set of lawyers. According to...

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Celsius Hires Restructuring Lawyers To Help Navigate Through Its Financial Woes

Cash-strapped crypto lender Celsius Network has reportedly hired restructuring attorneys from US-based law firm Akin Gump Strauss Hauer & Feld LLP to help with its current financial woes, the Wall Street Journal reported Wednesday, citing sources familiar with the matter.

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Celsius hires restructuring lawyers to help ease its financial woes

Crypto lending platform Celsius has hired a legal team to advise on restructuring its business after facing liquidity issues, The Wall Street Journal reported, citing sources with direct knowledge of the matter.

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Crypto lender Celsius hires ‘Restructuring Lawyers’: CEL price pumps and dumps

Celsius Network, a renowned crypto lending firm, has hired ‘restructuring lawyers’ amid the current… The post Crypto lender Celsius hires ‘Restructuring Lawyers’: CEL price pumps and dumps appeared first on CoinJournal.

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Epic Games Lawyers to Take Action Against Homonymous Crypto

The popular free-to-play online video game Fortnite by Epic Games found out about a homonymous digital token that was created in late 2021. The firm’s CEO Tim Sweeney confirmed that Fortnite does not have any official cryptocurrency while mentioning taking legal action.

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Epic Games CEO slams crypto marketplaces over “scam” Fortnite Token

Epic Games CEO Tim Sweeney has slammed those cryptocurrency marketplaces that are enabling a fake “Fortnite token” promotion. He also noted that the company’s lawyers were looking into the Twitter accounts that have promoted the scam Fortnite cryptocurrencies.

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Bitcoin Mining Ban in New York Won't Reduce Carbon Emissions: Crypto Lawyer

Jake Chervinsky, long-term GC of DeFi heavyweight Compound and one of most influential Web3 lawyers, criticizes anti-Bitcoin bill

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European watchdog lists crypto next to lawyers, accountants as an AML threat

The annual supervision report from MONEYVAL concluded that 18 of the 22 jurisdictions have an insufficient level of compliance with AML standards.

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Crypto sector continues hiring lawyers to help with regulatory woes

The crypto industry is actively recruiting more talent as it inches closer to becoming an acceptable asset class in mainstream finance. The post Crypto sector continues hiring lawyers to help with regulatory woes appeared first on CryptoSlate.

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“The Brain Drain Is Real”, Crypto Space Thirsts For Lawyers As Regulatory Pressure Mounts

Per a recent report from the Wall Street Journal, crypto companies are strengthening their legal departments. As a reaction to an increase in regulatory and political pressure on blockchain-based companies, the repercussions have caused a ripple effect across multiple sectors.

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Crypto Proponents Fear SEC 'Backdoor' Regulations on Exchanges, Dealers

Lawyers and lobbyist for the cryptocurrency industry have raised objections to Securities and Exchange Commission proposals that could formally expand crypto oversight. The comment deadline arrived Monday for the first of those rule that amplifies the scope of how the agency defines exchanges.

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EU Cracks Down on Unhosted Wallets, Ripple Lawyers Call for “Sanctions” Against SEC, Madonna Buys Bored Ape NFT: Crypto News Digest by U.Today

The latest crypto news from the weekend is waiting for you in U.Today’s news digest!

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This DAO Seeks To Raise $4 Billion To Purchase The Denver Broncos FC

A recent report by media house ESPN that Denver Broncos is up for sale has gotten a group of crypto enthusiasts planning to purchase it through a Decentralized Anonymous Organization (DAO). According to CNBC, a group of like-minded crypto junkies including lawyers, accountants, software engineers, and at least one mathematician teamed up after ESPN reported […]

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US SEC Didn’t Declare Ripple’s XRP A Security In 2018, So What Changed In Just Two Years?

On June 14, 2018, former director William Hinman gave a speech, telling the audience at a crypto summit that, in his view, Ether was not a security. A day before delivering the monumental speech, lawyers at the Securities and Exchange Commission (SEC) reviewed XRP in a legal memo and did not conclude that it should […]

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SEC Didn’t Declare Ripple’s XRP A Security In 2018, So What Changed In Just Two Years?

On June 14, 2018, former director William Hinman gave a speech, telling the audience at a crypto summit that, in his view, Ether was not a security. A day before delivering the monumental speech, lawyers at the Securities and Exchange Commission (SEC) reviewed XRP in a legal memo and did not conclude that it should […]

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What If Lawyers Had Vetted The Bitcoin White Paper?

The surge in “crypto lawyers” attempting to enter the ecosystem makes one wonder what they would have done to Bitcoin if they had the chance.

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Apple App Store removes crypto wallet TokenPocket after PayPal complaint

PayPal’s lawyers informed TokenPocket about the dispute over the company’s trademark earlier this year.

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CryptoTaxCalculator Brings Simple Tax Management to xDai

Undoubtedly the biggest storyline this tax season was how crypto holders would pay their taxes if accountants, lawyers and even the IRS had trouble accounting for it. xDai, a truly decentralized stable payments blockchain, is now offering such a service through a partnership with CryptoTaxCalculator.

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Ripple wins access to SEC discussions on defining crypto assets as securities

Ripple’s lawyers will dig through the SEC’s internal discussion on crypto for mention of XRP.

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Crypto exchanges can safely list XRP, reportedly implies SEC’s lawyer

The US Securities and Exchange Commission’s (SEC) lawyers have indirectly stated that cryptocurrency exchanges are not violating any guidelines by allowing Ripple’s XRP trading on their platforms, attorney Jeremy Hogan revealed yesterday.

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India’s Crypto Ban May Extend to IPO Promoters

The extent of the anti-crypto sentiment in India seems to be deepening with initial public offerings (IPO) participants like promoters, investment banks, and lawyers likely to be barred from holding or investing in cryptocurrencies.

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Crypto Patent Alliance Questions Craig Wright’s White Paper Copyright Claim

Back in January, the notorious Craig Wright who claims to be Satoshi Nakamoto had his lawyers send letters to a number of websites like bitcoin. org telling them to remove the Bitcoin white paper hosted on their web portals.

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NVIDIA Lawyers Dismiss Investors’ Crypto Mining Doc Requests: Report

Investors accuse NVIDIA of bungling the chipmaker's response to 2017's mining hardware boom.

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DC Bar Association approves crypto payments for lawyers

DC is now the fourth bar association in the US to accept crypto payments...

The post DC Bar Association approves crypto payments for lawyers appeared first on Coin Journal.

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Washington, D.C., Lawyers Can Now Accept Crypto for Legal Fees

The District of Columbia Bar has approved crypto payments for lawyers' fees.

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DC Bar Association Gives Nod to Crypto Payments for Lawyers

The Washington DC Bar Association became the fourth to issue an opinion endorsing crypto as an acceptable form of payment.

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Craig Wright Stakes Claim to Hacked Mt. Gox Funds

In the latest installment of the Craig S. Wright (CSW) saga, lawyers representing the Australian computer scientist say that Wright owns the contents of two hacked Mt. Gox wallets. In a move that is currently attracting contempt from all quarters of ‘Crypto Twitter,’ CSW’s legal team is reportedly circulating a letter to several “stakeholders” in […] The post Craig Wright Stakes Claim to Hacked Mt. Gox Funds appeared first on BeInCrypto.

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No Evidence of Crypto-Related Charge in Maduro Drug Cases

Charges against Maduro and other Venezuelan heads don’t involve crypto directly, three different lawyers say

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Missing QuadrigaCX Funds Linked to Crypto Capital

Miller Thomson LLP, lawyers representing users of the now-defunct Canadian cryptocurrency exchange, QuadrigaCX, are investigating Crypto Capital’s connection with the former Canadian exchange. According to the lawyers, Crypto Capital could be holding any funds belonging to QuadrigaCX.

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Cryptsy Exchange Users To Receive $962,500 Payout In Coinbase Class Action Settlement

Coinbase has just settled the former Cryptsy crypto exchange lawsuit and agreed to put $962,500 into an escrow agent that handled class action claims on a previous Cryptsy lawsuit. The plaintiffs’ lawyers have announced the settlement on Monday and won 11,325 BTC in the previous case.

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SEC’s Hester Peirce Talks To The Crypto Community About Legislation: “It’s Still A Slow Process”

Can we ever get enough of Crypto Mom and SEC Commissioner, Hester Pierce? Probably not. As one of the most crypto-vocal lawyers in the commission, Pierce is once again calling for swift formation and implementation of regulation to govern the cryptocurrency industry.

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