Lawyers Financial News
13.02 / 09:47
business
Ethereum
Stablecoin
Adoption
Binance
SEC
Paxos
Lawyers
NOT
Are stablecoins securities? Well, its not so simple, say lawyers
Recently reported planned enforcement action against Paxos by the United States Securities and Exchange Commission (SEC) over Binance USD (BUSD) has many in the community questioning how the regulator could see a stablecoin as a security.
08.02 / 23:29
Law
regulation
Bankruptcy
hedge fund
Lawyers
NOT
3AC founder has 'chosen to ignore his duties' by not responding to subpoena, say bankruptcy lawyers
Three Arrows Capital founder Kyle Davies has not responded to a subpoena issued over Twitter aiming to gather information related to the firm’s assets.
08.02 / 14:43
Lawyers
Meet Europe’s top 10 M&A and finance lawyers
Leading lawyers from Simpson Thacher & Bartlett, Slaughter and May, and Latham & Watkins have topped the rankings for M&A and financing in Europe, the Middle East and Africa in 2022.
08.02 / 05:45
regulation
FTX
Court
Messaging App
Lawyers
bail
SBF’s lawyers move to block release of bail guarantors’ identities
The names of two guarantors who signed off on part of Sam Bankman-Fried’s $250 million bail bond will continue to remain a secret for now.
07.02 / 04:33
business
regulation
Fraud
WhatsApp
FTX
Bankruptcy
Lawyers
Fried
Sam
Sam Bankman-Fried lawyers reach agreement on use of messaging apps
Sam Bankman-Fried’s (SBF's) lawyers have reached an agreement with federal prosecutors concerning his use of messaging apps.
27.01 / 16:09
business
Law
regulation
FTX
Court
Lawyers
FTX lawyers to reap millions from the bankruptcy case: Report
Controversial law firm Sullivan & Cromwell is on track to reap a fortune from its work on the bankruptcy case of the FTX cryptocurrency exchange, according to a new report.
26.01 / 09:27
business
regulation
FTX
Court
Bankruptcy
Celsius
Lawyers
FTX lawyers: Examiner could cost $100M and ‘provide no benefit’
An investigation into FTX’s collapse by an examiner could cost the firm upwards of $100 million without providing any benefit to creditors or equity holders, argues lawyers representing the bankrupt crypto exchange.
26.01 / 03:43
business
Government
Blockchain
Law
Adoption
SEC
us government
Lawyers
regulatory
Crypto lawyers to be in demand as regulatory pressure reaches boiling point
Crypto-versed lawyers will play an increasingly important role in Web3 firms — particularly after the implosion of FTX and the industry braces for regulatory turbulence, two legal academics believe.
24.01 / 07:49
business
Blockchain
Law
Adoption
privacy
Scams
Usd Coin
Lawyers
NFT-delivered court orders an answer to blockchain-related litigation: Lawyers
Non-fungible tokens (NFTs) are becoming an increasingly popular solution to serving defendants in blockchain-based crimes that would otherwise be unreachable, according to crypto lawyers.
20.01 / 09:45
business
Blockchain
Law
us government
Court
Media
Lawyers
Daring drive-by at SBF’s: 3 men drove into barricade and fled: Lawyers
Three men reportedly drove their car into the metal barricade outside Sam Bankman-Fried’s parent’s home where he is currently under house arrest, SBF’s lawyers claim.
19.01 / 05:31
Law
regulation
Court
Bankruptcy
Lawyers
FTX CEO fights to keep lawyers as calls for removal intensify
The CEO of crypto exchange FTX has rejected calls for its law firm Sullivan & Cromwell to be replaced as lead counsel in its bankruptcy case.
18.01 / 11:17
Provident
Lawyers
FTX lawyers say they tipped off prosecutors over alleged misconduct at crypto firm
The law firm guiding FTX in bankruptcy said it gave information to federal prosecutors about alleged misconduct at the cryptocurrency exchange that aided in bringing charges against former chief executive Sam Bankman-Fried and other executives.
12.01 / 10:53
business
regulation
Court
Lawyers
letter
Judge slams senators’ letter against FTX lawyers as ‘inappropriate’
The judge handling FTX’s bankruptcy has reportedly slammed a joint letter from four United States senators calling for an independent examiner in the case.
09.01 / 17:03
UPS
Lawyers
Fried
Sam
Lawyers who worked on cases involving Ghislaine Maxwell and El Chapo roll up sleeves for Sam Bankman-Fried
A pair of attorneys defending FTX founder Sam Bankman-Fried against one of the biggest white-collar prosecutions in decades are veterans of high-profile cases, including ones involving drug lord El Chapo and disgraced socialite Ghislaine Maxwell.
09.01 / 12:20
Citi
Lawyers
Wanted: The most influential lawyers in the City
Financial News is looking for the top legal minds working in the City and beyond for its annual list of Fifty Most Influential Lawyers.
06.01 / 21:23
Robinhood
regulation
FTX
Bankruptcy
Lawyers
Sam
Sam Bankman-Fried’s lawyers claim he needs Robinhood shares ‘to pay for his criminal defense’
The legal team for former FTX CEO Sam Bankman-Fried has filed a motion in an effort to stop the exchange’s debtors from controlling more than $450 million worth of shares of Robinhood.
03.01 / 23:21
regulation
FTX
US court
Lawyers
the bahamas
The Bahamas lawyers up as the FTX case proceeds in US court and disagreements fester
The Bahamas will have legal representation in the unfolding FTX case. The Caribbean nation chose Brown Rudnick as counsel “in certain matters of engagement related to the collapse of FTX Digital Markets Ltd.,” alongside Bahamian lawyers and other experts, according to a statement released by the law firm.
13.12 / 23:07
business
Blockchain
FTX
Lawyers
bail
Extradition
Breaking: SBF's lawyers request bail in Bahamas Magistrate Court pending extradition
According to local sources, on Dec. 13, crypto executive Sam Bankman-Fried's (SBF) lawyers have requested bail in a Bahamas' Magistrate Court after his arrest on Dec. 12 pending extradition request by U.S. authorities. The move comes after presiding judge Chief Magistrate JoyAnn Ferguson-Pratt stated earlier today that SBF had the right to request bail.
07.12 / 15:01
UPS
Kirklands
Lawyers
Deal
‘It’s shrinkage time’: London lawyers face job cuts as deal boom fizzles
London lawyers should gear up for job cuts as the sector faces a slowdown in demand after a period of rapid expansion, say law firm partners and headhunters.
21.11 / 03:55
business
FTX
Bankruptcy
Lawyers
Getting funds out of FTX could take years or even decades: Lawyers
While investors are eager to know when they will be able to get their funds back from the now-bankrupt crypto exchange FTX, insolvency lawyers warn it could take “decades.”
19.11 / 11:59
business
Law
Twitter
Court
Lawyers
SBF's lawyers terminate FTX representation due to conflicts of interest
Paul, Weiss, the law firm backing FTX CEO Sam Bankman-Fried (SBF) amid bankruptcy, renounced representing the entrepreneur, citing a conflict of interest. The decision to withdraw from representation after SBF’s tweets were found to disrupt the law firm’s reorganization efforts.
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