Court Financial News

10.11 / 15:13

Law regulation Court Bitcoin Genesis seeks court's approval to reduce 3AC claim from $1B to $33M

Bankrupt cryptocurrency lender Genesis has asked the court to approve its proposed settlement agreement with the imploded crypto hedge fund Three Arrows Capital (3AC).

10.11 / 04:39

business crimes Court bail SafeMoon CEO bail release goes on hold after Feds cite flight risk

United States federal prosecutors have managed to put SafeMoon CEO Braden John Karony’s bail release order on hold, citing flight risk and his release being a possible “danger to the community.

09.11 / 04:19

business Law Binance regulation SEC Court Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC

Binance’s arguments used in its motion to dismiss a lawsuit from the United States securities regulator relies on an incorrect legal analysis and have no basis in law, the regulator has argued.

07.11 / 13:15

Law Adoption regulation FTX exchanges Court Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX

Lawyers handling the FTX bankruptcy case are considering offers that could eventually lead to a relaunch of the troubled exchange.

07.11 / 12:57

Twitter Legal Court Ben Armstrong Influencer Crypto Influencer ‘Bitboy’ Files New Lawsuit, Aims to Reclaim “Stolen” Lamborghini

Crypto YouTuber Ben Armstrong has filed another lawsuit against his ex-colleagues, over a Lamborghini and alleged racketeering.

04.11 / 06:19

Law defi Hackers regulation Court Trial Fraud trial of Mango Markets exploiter behind alleged $116M theft pushed to April

Lawyers representing the $116 million Mango Markets exploiter have convinced a judge to postpone the fraud trial until April 8, 2023.

03.11 / 07:39

business crimes FTX Court Trial What’s next for the ‘crypto king’ Sam Bankman-Fried?

Sam Bankman-Fried is back in his federal prison cell in Brooklyn after being found guilty for all seven charges in his criminal trial. His lawyers however, say the fight isn’t yet over.

03.11 / 07:39

regulation Altcoin SEC Court Terraform Labs Terra SEC seeks summary judgment in Do Kwon and Terraform Labs case

The United States Securities and Exchange Commission (SEC) has refuted the jury’s conclusion regarding Terraform Labs’ alleged violations and has demanded a summary judgment on all the claims.

03.11 / 00:31

business FTX Court Trial Breaking: Sam Bankman-Fried found guilty on all charges

Former FTX CEO Sam Bankman-Fried has been found guilty of all of the seven charges in his criminal trial by a jury in New York.

01.11 / 02:25

business Law regulation SEC crimes Court Taxes tax evasion Oyster Protocol founder gets 4 years jail for $5.5M tax evasion

Amir Bruno Elmaani, the 31-year-old founder of the now-defunct cryptocurrency scheme Oyster Protocol has been handed the maximum sentence of four years in prison for tax evasion.

27.10 / 20:00

regulation FTX Court Trial Lawyer questions Sam Bankman-Fried on his political donations at trial

Sam “SBF” Bankman-Fried’s defense attorney Mark Cohen heard testimony from the former FTX CEO on his relationship with Caroline Ellison and political donations from the crypto exchange.

27.10 / 17:49

regulation Fraud FTX Court Trial Sam Bankman-Fried denies defrauding FTX users at trial

The jury overseeing the criminal trial of Sam “SBF” Bankman-Fried listened to the former FTX CEO’s testimony for the first time, which involved largely denying knowledge of fraudulent activities at the crypto exchange.

27.10 / 15:37

Law regulation FTX Court Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’

Defense attorneys representing Sam “SBF” Bankman-Fried questioned the former FTX CEO before a jury for the first time as they prepared to rest their case.

27.10 / 03:25

regulation crimes FTX Court Trial Sam Bankman-Fried thought ‘taking FTX deposits through Alameda was legal’: Report

Former FTX CEO Sam “SBF” Bankman-Fried addressed a New York courtroom under oath without the 12-member jury present.

27.10 / 03:25

Law regulation crimes FTX Court Sam Bankman-Fried denies knowledge of moving FTX deposits to North Dimension: Report

Testifying in court but without the jury for his criminal trial present, Sam “SBF” Bankman-Fried faced questions from prosecutors, who pressed the former FTX CEO on his alleged involvement in using customer funds for investments through Alameda Research.

27.10 / 03:25

regulation crimes FTX Court Trial Prosecutors rest their case as Sam Bankman-Fried prepares to testify

Attorneys representing the United States Justice Department rested their case against Sam “SBF” Bankman-Fried after more than three weeks of expert witnesses and testimonies from former FTX and Alameda employees.

27.10 / 03:25

business Law Art NFT Altcoin copyrights Court Ryder Ripps ordered to pay Yuga Labs $1.6M in copyright lawsuit

A United States district court judge has ordered nonfungible token (NFT) artists Ryder Ripps and Jeremy Cahen to pay Bored Ape Yacht Club creator Yuga Labs a total of $1.57 million in disgorgement and damages, along with legal fees, bringing an end to the long-running “copycat” NFT lawsuit.

26.10 / 13:27

Technology Law regulation Google copyrights Court How Google’s AI legal protections can change art and copyright protections

Google has been facing a wave of litigation recently as the implications of generative artificial intelligence (AI) on copyright and privacy rights become clearer.

26.10 / 05:19

business FTX Court Bankruptcy ai safety FTX probes $6.5M in payments to AI safety group amid clawback crusade

Bankrupt crypto exchange FTX is looking to demand information on millions of dollars in payments it had previously given to a nonprofit AI safety organization — the Center for AI Safety (CAIS).

25.10 / 19:27

Law regulation crimes Opinion Court Will Sam Bankman-Fried fix his case when he takes the stand?

Sam Bankman-Fried (SBF) had a lot going against him well before the start of his criminal trial: the ire of many in the crypto space, suspicion from United States policymakers, and negative attention from some in the media looking for clickbait angles to associate with the former FTX CEO.

25.10 / 19:27

Blockchain Adoption NFT Court Court-ordered NFTs and the importance of Web3 randomness: Nifty Newsletter

Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.

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