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Bitwise registers Solana ETF in US state Delaware
21.11.2024
Bitwise would be competing with fellow asset managers VanEck and Canary Capital for an SEC-approved spot Solana ETF
Transak Secures FINTRAC Registration in Canada and US Money Transmitter License in Delaware
4.11.2024
Transak has recently obtained regulatory licenses in Canada and Delaware, solidifying its presence in North America’s cryptocurrency markets. Transak Expands Regulatory Reach in the U.S. and Canada Transak, a Miami-based Web3 payments platform, has achieved two regulatory milestones in both...
Delaware Judge Approves FTX Estate’s Bankruptcy Plan
7.10.2024
A U.S. court approved FTX’s bankruptcy plan on Monday, which will see the majority of the crypto exchange’s customers get the equivalent of their 2022 losses, and then some
Asset Management Firm Bitwise Files for Spot XRP ETF
2.10.2024
Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While this does not confirm an immediate filing with the U.S. Securities and Exchange Commission (SEC), it aligns with Ripple CEO Brad Garlinghouse’s positive outlook...
Bitwise has filed an XRP ETF
1.10.2024
The crypto-focused asset manager filed the exchange-traded fund application in the state of Delaware.
Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy
19.9.2024
Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center of a scandal that left cryptocurrency investors facing significant losses after the Terra ecosystem...
Silvergate Capital files for Chapter 11 bankruptcy in Delaware
18.9.2024
The parent company of Silvergate Bank has listed assets ranging from $100 million to $500 million and liabilities between $10 million and $50 million
Three Arrows Capital Liquidators Now Sue Terraform Labs for $1.3B: Bloomberg
13.8.2024
Defunct cryptocurrency hedge fund Three Arrows Capital's (3AC) liquidators have sued Terraform Labs for $1.3 billion, for losses the fund suffered following the 2022 crash, Bloomberg reported on Monday
Terraform Labs to sell 4 companies as part of wind-down
11.7.2024
The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal
Tesla investors sue Elon Musk for diverting resources, talent to xAI
14.6.2024
Shareholders accused Tesla boss Elon Musk of “brazen disloyalty” with his xAI startup that created “billions in AI-related value at a company other than Tesla.”
BitGo’s $100M Suit Against Galaxy Gets Green Light from Delaware Supreme Court
25.5.2024
The Delaware Supreme Court has ruled in favor of BitGo by overturning a lower court's dismissal of the company's $100 million lawsuit against Galaxy Digital.
The post BitGo’s $100M Suit Against Galaxy Gets Green Light from Delaware Supreme Court appeared first on Cryptonews
BitGo’s $100M suit against Galaxy can proceed — Delaware Supreme Court
25.5.2024
After being dismissed by the Delaware Court of Chancery in 2023, the state’s supreme court ruled the definition of the merger agreement between BitGo and Galaxy was “ambiguous.”
BitGo’s $100M Suit Against Galaxy Digital Can Proceed, Delaware Supreme Court Rules
24.5.2024
Cryptocurrency custodian BitGo will get a fresh chance to sue financial services firm Galaxy Digital over the two companies’ failed $1.2 billion merger agreement after Delaware’s Supreme Court reversed an earlier ruling to dismiss BitGo’s lawsuit
FTX Asks For “Sam Coins” To Be Declared Worthless, New Court Docs Reveal
27.3.2024
FTX is looking to declare FTX creditors’ “Sam Coins” effectively worthless, new court documents from a Tuesday hearing in Delaware reveal. The move marks the latest update in the crypto exchange's lengthy bankruptcy process following FTX's collapse in November 2022.
The post FTX Asks...
Terraform Labs Secures Dentons Representation Despite Objections, U.S. Court Decides
13.3.2024
US Judge Brendan Shannon has granted bankrupt crypto company Terraform Labs permission to hire Dentons for its legal representation, according to a report by Reuters. Shannon approved the hiring at a bankruptcy court hearing in Wilmington, Delaware after he deemed Terraform’s legal spending...
Terraform Labs Allowed to Hire Law Firm Dentons in Bankruptcy Case by U.S. Court: Reuters
13.3.2024
A U.S. court has allowed Terraform Labs to hire law firm Dentons to defend the company in a lawsuit brought against it by the U.S. Securities & Exchange Commission (SEC) in Jan. 2024
FTX Commits to Full Customer Repayment, Scraps Exchange Restart – Here’s the Latest
31.1.2024
During a bankruptcy court hearing in Delaware on January 31st, FTX attorney Andy Dietderich revealed that the company had been engaged in negotiations with potential bidders and investors since October 2023, but none were willing to contribute sufficient funds to rebuild the FTX exchange. FTX...
Do Kwon’s Terraform Labs Files for Bankruptcy Protection in US
22.1.2024
Terraform Labs, the issuer of the collapsed stablecoin TerraUSD (UST), has filed for Chapter 11 bankruptcy protection in the United States. The filing by Terraform Labs was officially submitted to the U.S. Bankruptcy Court for the District of Delaware. This action marks a significant legal step...
Terraform Labs Declares Bankruptcy in Delaware
22.1.2024
Terraform Labs recently lost a case when a U.S. judge ruled that LUNA and MIR are securities, and is currently facing a class action lawsuit in Singapore
FTX Debtors Release Estimated Values for Cryptocurrency Claims, Bitcoin Priced at $16,871 per Coin
29.12.2023
Source: Adobe / Александр Поташев FTX Trading Ltd. affiliated debtors have submitted a motion for the entry of an order estimating the value of claims related to digital assets and fiat currency, including customer entitlement claims. In a filing made on December 27 in the United States Bankruptcy...