Search
US SEC is ‘bent on choking’ the crypto industry — Coinbase
2.6.2024
The United States Securities and Exchange Commission “is serious about the destruction of digital assets,” according to cryptocurrency exchange Coinbase
Bankruptcy Court Backs Bittrex in Cryptocurrency Freeze Dispute
2.6.2024
The bankruptcy proceedings of Bittrex Inc. involved a legal dispute over claims filed by Azim Ghader, who sought recovery for lost profits and damages after his cryptocurrency was frozen on the Bittrex exchange in 2017. The United States Bankruptcy Court for the District of Delaware found that...
The New York Times Issues Court Threats To Geography Game Worldle
31.5.2024
If you’re three or older, you might remember a brief window of happiness in the annus horribilis that was 2021: Wordle. It was such a lovely time, not just because of Josh Wardle’s splendid little daily puzzle game that provided light in an era of lockdowns, but also because of the multiple...
TRUMP token recovers from nasty dip after Donald Trump guilty verdict
31.5.2024
Meanwhile, the Jeo Boden (BODEN) meme coin linked to Trump’s arch-rival, Joe Biden, rallied 6.4% in the first 15 minutes before dumping again
Former banker sentenced to 41 months for crypto fraud
30.5.2024
Rashawn Russell, a former Deutsche Bank executive, also intended to commit fraud with stolen bank cards
Terraform, Do Kwon Agree in Principle to Settle Fraud Case With SEC: Court Filing
30.5.2024
Terraform Labs and co-founder Do Kwon have tentatively agreed to settle a fraud case with the U.S. Securities and Exchange Commission (SEC), according to a court filing Thursday
SEC Ordered to Pay $1.8M for Misconduct — Debt Box Hails ‘Monumental Victory’ for Crypto Industry
29.5.2024
A federal judge has ordered the U.S. Securities and Exchange Commission (SEC) to pay over $1.8 million in its case against the crypto firm Digital Licensing, also known as Debt Box. The penalty resulted from the SEC’s bad faith conduct in obtaining and defending an ex parte temporary...
Judge Throws Out DEBT Box Case, Orders SEC to Pay $1.8M
29.5.2024
The US District Court for the District of Utah on Tuesday threw out the SEC's case against DEBT Box and imposed fines exceeding $1.8m on the regulatory body for its bad faith actions.
The post Judge Throws Out DEBT Box Case, Orders SEC to Pay $1.8M appeared first on Cryptonews
Binance official’s wife demands medical care for detained husband
29.5.2024
Mark Mordi, Gambaryan’s legal representative, notified the court on May 22 that his client had been unwell since the previous trial date and was still experiencing health problems
Judge dismisses Debt Box case, orders SEC to pay $1.8M in fees
28.5.2024
The civil lawsuit initially filed by the commission in 2023 ended on May 28, with a judge ordering the SEC to pay attorney and receivership fees
Why was Ryan Salame given a sentence longer than prosecutors recommended?
28.5.2024
U.S. authorities had requested a judge impose a sentence of five to seven years on the former FTX Digital Markets co-CEO, but one ordered Ryan Salame to spend 90 months in prison
Former FTX Exec Ryan Salame Gets 7.5 Years In Prison
28.5.2024
Former FTX executive and Sam Bankman-Fried associate Ryan Salame has been sentenced to 7.5 years in prison for criminal charges stemming from his time at the crypto exchange following a Tuesday morning hearing at Manhattan federal court.
The post Former FTX Exec Ryan Salame Gets 7.5 Years In Prison...
Former FTX exec sentenced to 7.5 years in prison after guilty plea
28.5.2024
After Sam Bankman-Fried, Ryan Salame is one of the first individuals connected to FTX and Alameda Research to receive prison time
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
UK Court Jails Woman for Laundering 150 Bitcoin Tied to $5.6 Billion Fraud
25.5.2024
The Southwark Crown Court in London, UK, sentenced a woman to jail for money laundering bitcoin tied to a billion-dollar investment fraud.
The post UK Court Jails Woman for Laundering 150 Bitcoin Tied to $5.6 Billion Fraud 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
Do Kwon’s extradition to go back to Montenegro High Court after appeal
24.5.2024
Since his arrest in March 2023, Do Kwon has been in Montenegro. He could be extradited to either his native South Korea or the United States to face fraud charges
Coinbase Slugs It Out With U.S. SEC in Effort to Get Key Crypto Question Answered
24.5.2024
Coinbase Inc. (COIN) took another step in its back-and-forth argument with the U.S. Securities and Exchange Commission (SEC) on whether the cryptocurrency exchange should be allowed to raise a single, core legal point for consideration by a higher court
Montenegro Court Blocks Do Kwon’s Extradition to South Korea
24.5.2024
A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to South Korea. Kwon is wanted for his alleged role in the company’s collapse, which caused a $40 billion loss and impacted global crypto markets. Both South Korea and...