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Su Zhu of Three Arrows Capital Gets Restraining Order Against Billionaire Arthur Hayes Amid Dispute
11.5.2023
A Singapore court has granted the restraining order request by Three Arrows Capital (3AC) co-founder Su Zhu against BitMEX co-founder Arthur Hayes.
The order stated that the Judge's ruling could be sent to Hayes through his Twitter account.
Hayes has been bombarding Zhu and his partner Davies...
Joseon: Finally, Cryptocurrency Has a Safe Haven
11.5.2023
The cryptocurrency industry has faced significant regulatory challenges in recent years, with the SEC and CFTC taking action against various projects, including sending Wells notices to Coinbase. Amidst this regulatory landscape, the concept of sovereignty and international law has become...
Three Arrows founder gets restraining order against Arthur Hayes
11.5.2023
Su Zhu, the founder of the 3ac (Three Arrows Capital), recently announced getting a Singapore restraining order against Arthur Hayes. The 3ac founder appealed for the order over harassment in a Singapore court. Dated May 5, the restraining order restricts Arthur from using abusive, insulting,...
U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy
10.5.2023
The largest of the claims includes a $20.4 billion claim against Alameda Research LLC, which details nearly $20 billion in unpaid partnership taxes
FTX Lawsuit Against Shaq Takes a Wild Turn: Court Documents Allegedly Thrown at NBA Star’s Car
10.5.2023
In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was not duly served in the FTX class-action lawsuit. As per the document, servers allegedly hurled the court documents at Shaq’s car, ultimately landing...
Three Arrows Founder Su Zhu Obtains Singapore Restraining Order Against Arthur Hayes Over 'Harassment'
10.5.2023
Are Cryptocurrencies an Inflation Hedge? Theoretically Yes, Factually No Says S&P
10.5.2023
Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value, however crypto's track record is too short to prove this, S&P said
Aragon launches defensive measures against Arca's '51% attack'
10.5.2023
The Aragon Association has pulled plans to give ANT holders voting rights over its DAO in the wake of the attack
Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline
9.5.2023
The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million. Concurrently, the total meme coin sector faced a 7% loss against...
Heavyweight Hedge Fund Arca Joins Activist Fight Against DAO Builder Aragon
9.5.2023
The crypto investment fund sent a letter demanding Aragon conduct buybacks of its ANT token
Coinbase Chief Legal Officer Pushes Back Against US SEC Crypto Custody Rule Proposal
9.5.2023
Coinbase’s chief legal officer called a newly proposed US rule tightening cryptocurrency custody requirements “misguided” and said some parts need to be changed.
The Securities and Exchange Commission rule was proposed in February and would require registered investment advisers to keep crypto...
FTX Founder Bankman-Fried Seeks Dismissal of Charges Filed After Extradition
9.5.2023
Former CEO of crypto exchange FTX, Sam Bankman-Fried, has asked a judge in the U.S. to dismiss several charges against him filed after his extradition from the Bahamas. His lawyers insist that prosecutors have not obtained consent from Bahamian authorities for the additional counts. FTX’s...
FTX Founder Sam Bankman-Fried Seeks Dismissal of Most Criminal Charges Against Him
9.5.2023
The disgraced founder of FTX Sam Bankman-Fried has asked a New York federal judge to dismiss most of the criminal charges brought against him by federal prosecutors.
In a filing with the Southern District of New York federal court, lawyers of Bankman-Fried argued that several of the charges...
FTX's Sam Bankman-Fried Moves to Dismiss Most Criminal Charges Against Him
9.5.2023
FTX founder Sam Bankman-Fried filed pretrial motions to dismiss a majority of the charges he faces on various grounds late Monday
Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months
9.5.2023
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of...
Ripple's Tussle With SEC to Cost the Firm $200M, CEO Garlinghouse Says: Report
8.5.2023
The U.S. puts politics ahead of policy, Brad Garlinghouse has said at the 2023 Dubai Fintech Summit
Defending against SEC to cost Ripple $200M, CEO Brad Garlinghouse says
8.5.2023
Ripple’s CEO reveals $200 million spent defending the SEC lawsuit, and laments about U.S. crypto regulation and a politics-first policy, advising entrepreneurs to avoid the United States
Binance Reportedly Investigated in US for Russia Sanctions Violations
7.5.2023
Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was used by Russians to circumvent financial restrictions imposed over Moscow’s invasion of Ukraine....
Bitcoin Provides Insurance Against Fiat Currency Failure, Says Validus Power Corp.’s Greg Foss
7.5.2023
On May 4, in a recent Youtube video, Validus Power Corp.’s executive director, Greg Foss, discussed the potential for the banking industry’s failures to wipe out $10 trillion in equity. Foss expressed his support for “hard assets” such as real estate, gold, and bitcoin....
Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making
7.5.2023
A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,” he stressed. Lawyer Expects SEC to Lose Against...