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Nalezeno "crypto case": 37

Judge Denies Bail for Bitcoin Rodney, Citing Flight Risk and Fraud Severity

10.7.2024
Rodney Burton, known as “Bitcoin Rodney,” will remain in detention awaiting trial on charges of masterminding a multi-billion-dollar cryptocurrency fraud. Arrested in January at Miami International Airport, Burton faces accusations of conspiracy to operate an unlicensed...

SEC Lawyers Resign Amid Criticisms in Crypto Case Against DEBT Box

23.4.2024
Two lawyers from the SEC, Michael Welsh and Joseph Watkins, resigned following a federal judge's sanction and severe criticism of the regulatory agency's handling of a crypto-related case. The post SEC Lawyers Resign Amid Criticisms in Crypto Case Against DEBT Box appeared first on Cryptonews

Sam Bankman-Fried Breaks Silence: ‘Haunted’ by FTX Collapse, Vows to Appeal and Criticizes Legal Process

1.4.2024
The fallen founder of FTX, Sam Bankman-Fried (SBF), broke his silence for the first time since being sentenced to 24.25 years in prison, engaging in an email conversation with ABC News. SBF expressed that he is “haunted” daily by the events that transpired, emphasizing his stance that he “never...

U.S. Senators Berate SEC's Gensler for Agency's 'Unethical' Handling of Crypto Case

8.2.2024
The U.S. Securities and Exchange Commission's admission that it misrepresented evidence in a lawsuit against the blockchain project DEBT Box casts doubt on its wider enforcement practices, several Republican senators argued in a letter to Chair Gary Gensler

Singapore High Court Denies 3AC’s Bid to Dismiss Suit by Defiance Capital Founder

2.2.2024
The High Court of Singapore has denied Three Arrows Capital’s (3AC) attempt to dismiss a lawsuit by Defiance Capital founder Cheong Jun Yoong, affirming the legal standing of digital assets in trust disputes. Singapore Court Upholds Defiance Capital’s Suit Against 3AC in Crypto Case...

Judge Grants Summary Judgment for SEC in Landmark Crypto Case Against Terraform Labs

29.12.2023
In a definitive ruling, U.S. District Judge Jed Rakoff favored the Securities and Exchange Commission (SEC) in the multi-billion-dollar fraud case involving Terraform Labs and its founder, Do Kwon. Rakoff noted that the Howey test criteria were satisfied for a range of Terra-related assets...

SEC Makes ‘Materially False and Misleading’ Representations Against Crypto Firm — Judge Threatens Sanctions

6.12.2023
The United States District Court for the District of Utah has expressed concerns that the U.S. Securities and Exchange Commission (SEC) is making “materially false and misleading representations” in its lawsuit against a crypto firm. The court has ordered the securities regulator...

SEC Lawyers Warned by Judge for ‘Misleading’ Request in Crypto Case

3.12.2023
Source: AdobeStock / Andriy Blokhin A federal judge has warned attorneys from the Securities and Exchange Commission (SEC) regarding their “false and misleading” arguments in a court filing. The attorneys are accused of persuading the court to freeze the assets of a cryptocurrency firm...

U.S. Judge Warns SEC Over 'False and Misleading' Request in Crypto Case

2.12.2023
A federal judge threatened to sanction the SEC's lawyers after their "false" arguments prompted a court to impose a temporary restraining order on crypto firm Debt Box

SEC Struggles to Serve Richard Heart in Multi-Billion Dollar Crypto Case

28.11.2023
In an interesting turn of events, the U.S. Securities and Exchange Commission (SEC) faces challenges in its billion-dollar lawsuit against cryptocurrency figure Richard Heart. A recent court filing reveals that the SEC has yet to successfully serve Heart, complicating the high-profile case. Legal...

Do Kwon’s Defense Declares SEC’s Deposition Request ‘Impossible’ Amid Ongoing Detention Saga

28.9.2023
The legal team defending Do Kwon, the co-founder and former CEO of Terraform Labs, argues that the U.S. Securities and Exchange Commission (SEC) lacks the capacity to depose Kwon, deeming it an “impossible” feat. Kwon’s legal counsel additionally maintains that the SEC’s bid for a preclusion order...

Bankman-Fried’s Lawyers Seek Another Attempt at Temporary Release

27.9.2023
Lawyers for Sam Bankman-Fried are making another attempt to have the disgraced FTX founder temporarily released from jail before his October trial, claiming he needs better access to prepare his defense properly. Lawyers Cite Bankman-Fried’s Indispensable Knowledge for Complex Trial...

US Supreme Court Takes on Landmark Crypto Case with Coinbase Lawsuits Today – Here's What You Need to Know

21.3.2023
Today, the US Supreme Court is set to hear arguments in Coinbase's efforts to push two class-action lawsuits against it into arbitration. This is a historic event too, as it will be the first time the nine Justices of this court will face a crypto-related case. Notably, this is not a crypto case...

U.S. Supreme Court to Hear First Crypto Case Tuesday

20.3.2023
The U.S. Supreme Court will hear arguments in its first ever crypto-related case on Tuesday, when lawyers for San Francisco-based crypto exchange Coinbase will attempt to convince the nine Justices to pause a pair of class action lawsuits against the exchange

Free Talk Live Co-Host Ian Freeman Found Guilty in Federal Crypto Trial

23.12.2022
After close to two years, following the U.S. federal government accusing the Crypto Six of unlicensed money transmission, the case is seemingly coming to an end. According to multiple reports, Keene resident and libertarian activist, Ian Freeman, the last member of the Crypto Six case to be tried...

US Justice Department Returns Stolen Bitcoin to Victim of Government Imposter Scam

16.3.2022
The U.S. Justice Department has seized bitcoin stolen from an elderly man in a government imposter scam and will be returning the cryptocurrency to him. “The fraudsters deceived the victim into believing his personal information had been used to facilitate a drug trafficking and money...