Court Financial News
22.04 / 06:17
business
regulation
SEC
Fraud
Court
Terraform Labs
Terra
Lawyers
Do Kwon lawyers reportedly dismiss SEC's securities fraud allegation
The lawyers representing Terraform Labs co-founder Do Kwon reportedly argued in court against the allegations pressed by the US Securities and Exchange Commission (SEC). The federal agency had sued Kwon for allegedly defrauding US investors by illegally offering unregistered securities.
20.04 / 22:23
Law
regulation
Social Media
Court
YouTube
'BitBoy Crypto' intentionally misses court appearance to address alleged harassment
Ben Armstrong, also known as ‘BitBoy Crypto’, missed a court appearance ordered by a federal magistrate judge in response to the YouTuber’s alleged harassment of counsel in a lawsuit involving several crypto influencers.
20.04 / 04:05
business
Binance
Court
Bankruptcy
Deal
Voyager's $1B deal with Binance.US moves forward after deal with Feds
Bankrupt cryptocurrency lender Voyager Digital Holdings has sealed a deal with the United States Federal government that moves forward a $1 billion plan allowing Voyager to sell its assets to the U.S. arm ofBinance.
19.04 / 06:27
business
Law
NFT
Altcoin
Google
Apple
Court
NFT app Rebase co-founder accused of going ‘rogue’ in suit by partner
The co-founder of the nonfungible token (NFT) project Rebase is facing a lawsuit from his apparent business partner accusing him of going “rogue” by stealing $2 million from a joint crypto wallet and ousting an apparent co-founder out of the firm.
18.04 / 21:39
Law
regulation
Court
Bankruptcy
Restructuring Plan
Zipmex requests 2-month extension from Singapore court for restructuring plan
Cryptocurrency exchange Zipmex has requested another extension which would allow for a longer moratorium on its debt in Singapore amid the firm’s liquidity issues.
18.04 / 10:05
Law
regulation
lending
Court
Bitcoin
Crypto lender Babel gets extended creditor protection in Singapore
Troubled cryptocurrency lending firm Babel Finance has more time to repay debts to creditors like Deribit after suspending withdrawals in 2022.
17.04 / 09:27
Sport
Legal
FTX
Court
Lawyers
FTX Victims' Lawyers Face Challenge in Serving NBA Legend Shaquille O'Neal – What's Going On?
Legendary basketballer Shaquille O'Neal has been served in a class-action lawsuit against FTX founder Sam Bankman-Fried - but it wasn't easy, the plaintiffs' lawyers have claimed.
16.04 / 03:07
Law
Twitter
regulation
FTX
Court
Lawyers
FTX victims' lawyers struggle to serve Shaq
The law firm representing victims affected by the FTX collapse have publicly appealed to NBA superstar Shaquille O’Neal to show “courtesy and honor” by actually accepting their legal complaint after several unsuccessful attempts.
13.04 / 07:51
business
Ripple
XRP
SEC
coinbase
security
Court
SEC argues recent court case weakens Ripple Labs’ ‘fair notice’ defense
A recent court judgment further weakens a key defense made by technology firm Ripple Labs in its ongoing legal battle with the United States Securities and Exchange Commission (SEC), the regulator has claimed to a federal judge.
12.04 / 17:33
regulation
Europe
FTX
Court
Bankruptcy
Swiss
Swiss court gives green light for FTX to sell its European arm
According to bankruptcy cryptocurrency exchange FTX, a court in Switzerland has approved a petition allowing the firm to potentially sell its European business.
11.04 / 22:19
business
Mining
Court
Bankruptcy
Core Scientific debtors petition bankruptcy court to approve new president
The debtors behind bankrupt cryptocurrency mining firm Core Scientific filed a motion for the approval of hiring a permanent president.
11.04 / 17:49
Adoption
regulation
lending
exchanges
Court
legislation
US share of global crypto developers fell 26% in 5 years — a16z
The share of global crypto developers based in the United States declined by 26% from 2018 to 2022, according to a report from venture capital firm Andreessen Horowitz, also known as a16z. The report, titled “State of Crypto 2023,” cited data from Electric Capital and SimilarWeb to support its findings.
10.04 / 07:39
Law
Ripple
XRP
Altcoin
SEC
us government
Court
Lawyer
NOT
Lawyer lays out his reasoning on why XRP is not a security
Ripple’s XRP (XRP) is not a security because it does not fit the definition of an “investment contract,” the “only” legislative definition that it could “possibly” fit, according to Jeremy Hogan, a partner at the law firm of Hogan & Hogan.
10.04 / 02:57
Law
regulation
FTX
Court
Financial
FTX financial controls were a ‘hodgepodge’ of apps, says court filings
FTX was run by three inexperienced people “not long out of college,” who relied on “a hodgepodge” of online shared documents and communications across a series of different apps to manage the multi-billion dollar empire according to FTX CEO John Ray III.
07.04 / 17:09
business
Court
Voting
Bankruptcy
Celsius
Restructuring Plan
network
Celsius Network to make April 12 filing, including info on voting for restructuring plan
Bankrupt crypto lender Celsius Network has announced it will be moving forward on its Chapter 11 restructuring plan with a disclosure statement containing information for claim holders.
06.04 / 07:19
business
Law
Adoption
Binance
CFTC
us government
Court
Jane Street, Tower Research and Radix are Binance’s 'VIP' clients in CFTC suit: Report
Trading firms Jane Street Group, Tower Research Capital and Radix Trading have been reportedly identified as Binance’s three “VIP” clients that were cited anonymously in the recent lawsuit filed against Binance by the United States commodities regulator.
06.04 / 05:59
business
regulation
Bloomberg
Court
Financial Times
The New York Times
Names of non-US FTX users demanded by mainstream media outlets
Some mainstream media outlets have objected to attempts to withhold the identities of non-United States customers of cryptocurrency exchange FTX during its bankruptcy proceedings.
06.04 / 04:05
Blockchain
Law
Adoption
coinbase
Court
Coinbase supports new court action to remove Tornado Cash ban
The United States Treasury faces a renewed legal challenge that aims to overturn the decision to sanction the crypto mixer Tornado Cash from six individuals backed by cryptocurrency exchange Coinbase.
02.04 / 05:47
business
Law
Binance
CFTC
regulation
security
Court
CZ, Binance, influencers face $1B lawsuit for unregistered securities promo
Just five days after Binance and its CEO Changpeng ‘CZ’ Zhao got sued by the United States Commodity Futures Trading Commission (CFTC) for alleged trading violations, a new $1 billion lawsuit was filed against the crypto exchange, CZ, and three crypto influencers for promoting unregistered securities.
01.04 / 09:51
regulation
Altcoin
Court
LUNC
Terraform Labs
Terra
Low
Terra co-founder Daniel Shin’s arrest denied by court, citing low flight risk
A local court in South Korea denied the prosecutor’s request to issue an arrest warrant for Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin. This was the second attempt made by South Korean authorities to reign in Shin following the recent arrest of Do Kwon — Terra’s other co-founder.
01.04 / 04:47
Dogecoin
Law
Reuters
Investments
Tesla
Court
elon
Elon Musk requests dismissal of $258B Dogecoin lawsuit: Report
Elon Musk and his lawyers reportedly requested a United States judge to dismiss the $258 billion lawsuit filed by investors who alleged that he operated a pyramid scheme to promote the cryptocurrency Dogecoin (DOGE).
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