Search
SEC not allowed to punish Voyager advisers over bankruptcy token, says US judge
7.3.2023
The SEC claims the transactions involved with redistributing the funds to impacted Voyager account holders will trigger U.S. securities laws
Voyager Bankruptcy Judge Expresses Skepticism Over U.S. SEC Objection to Binance US Deal
7.3.2023
Judge Michael Wiles of the Southern District of New York questioned a U.S. Securities and Exchange Commission attorney over the agency's concerns that Binance US may be operating an unregistered securities exchange
US trustee appeals FTX bankruptcy judge's ruling to deny appointment of independent examiner
6.3.2023
The legal team for U.S. Trustee Andrew Vara petitioned to have the U.S. District Court consider an appeal for a ruling on an independent examiner in FTX's bankruptcy case
US Sentences Man to 3 Years in Prison for Defrauding Investors in Crypto Mining Scheme
6.3.2023
A U.S. district judge has sentenced a man to three years in prison in a fraudulent cryptocurrency mining scheme. The defendant “misappropriated his victims’ money and failed to provide them with the miners and miner-hosting services they had purchased from him,” according to...
Billionaire Michael Saylor's Request to Dismiss Tax Evasion Charges Rejected by Judge – Here's the Latest
3.3.2023
A major tax avoidance lawsuit brought against former MicroStrategy CEO Michael Saylor has suffered a big blow. As Judge Yvonne Williams dismisses part of the case as false claims.
In April 2021, disclosures by whistle-blowers alleged that Saylor was avoiding tax in the District of Columbia (D.C)...
SEC objection to Voyager-Binance.US deal questioned by US judge
3.3.2023
A U.S. judge scolded the SEC over its non-specificity on its objection to Voyager’s restructuring deal and asked for specifics on its concerns
Voyager Bankruptcy Judge Says He Is ‘Absolutely Shocked’ by SEC Objection to Binance US Deal
2.3.2023
U.S. Bankruptcy Judge Michael Wiles appeared heavily skeptical about an attempt by the Securities and Exchange Commission (SEC) to stop a purchase by Binance US of assets of defunct crypto lender Voyager at a Thursday court hearing
Core Scientific Bankruptcy Judge Set to Approve $70M Financing Deal From B. Riley
2.3.2023
The judge also indicated he would allow stockholders to form an official committee in the bankruptcy
DeFi Giant Maker Emerges Victorious as US Judge Dismisses $28M Lawsuit Filed Against It by Crypto Investors
25.2.2023
A US judge has dismissed a class-action lawsuit against DeFi crypto lender Maker that alleged the platform misrepresented risks investors faced, leading to catastrophic losses of collateral on MakerDAO back in 2020.
According to a court document filed on Wednesday, the “Black Thursday” lawsuit...
Crypto Investors' $28M ‘Black Thursday’ Lawsuit Against DeFi Giant Maker Dismissed by US Judge
25.2.2023
The class action lawsuit filed in 2020 alleged that Maker-related entities knowingly misrepresented risks of holding collateral debt positions and caused heavy losses for some users during the March 2020 market crash
Emojis count as financial advice and have legal consequences, judge rules
24.2.2023
Former SEC branch chief Lisa Braganca warned the public of the legal consequences of using the emojis
NFT Industry Faces Uncertainty as Federal Judge May Categorize NBA Top Shot Tokens as Securities – Regulation Incoming?
23.2.2023
The popular NBA Top Shot NFT trading cards could be deemed securities for regulatory purposes in the US, after a judge allowed a lawsuit against Top Shot’s creator to move forward.
Top Shot creator Dapper Labs was sued by a buyer of the NFTs who alleged that the creator’s failure to register them...
Federal Judge Rules NBA Top Shot NFTs May Be Considered Unregistered Securities
23.2.2023
A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot collector sued Dapper Labs, claiming that the NBA Top Shot...
Dapper Lab's NBA Top Shot Moments qualify as a security, says U.S. judge
22.2.2023
Federal judge Victor Marreo reviewed the Howey Test, which determines whether the NFTs qualified as an investment contract subject to U.S. securities laws. Upon denying the motion, the court authorized the case to proceed
NBA-Branded 'Top Shot' Moment NFTs May be Securities, Judge Rules in Dapper Labs Case
22.2.2023
Dapper Labs’ NBA-branded “Top Shot” non-fungible tokens are securities, a federal judge ruled Wednesday.This is a developing story and will be updated
SBF lawyers to pay for technical expert to aid judge on bail terms
22.2.2023
The judge overseeing Sam Bankman-Fried's fraud case wants some help navigating the world of encrypted messaging, privacy apps, and virtual private networks
Voyager creditors serve SBF a Subpoena to appear in court for a ‘remote deposition’
19.2.2023
Bankman-Fried has only a matter of days to meet document requirements before his appearance in court next week
Prosecutors Seek Restrictions on Former FTX CEO’s Electronic Devices Following VPN Use for Football Streaming
17.2.2023
Prosecutors in the financial fraud case against former FTX CEO Sam Bankman-Fried (SBF) are attempting to persuade the judge to restrict his use of electronic devices. It has been revealed that SBF used a virtual private network (VPN) to watch the Super Bowl through a foreign subscription service...
SBF could 'conceivably' get bail revoked, says judge
17.2.2023
A federal judge said there was "probable cause" to believe that SBF engaged in activities that could land him in jail
Federal judge hints at denying Sam Bankman-Fried any internet access as condition of bail: Report
16.2.2023
The judge reportedly did not expand SBF’s bail conditions to include restrictions on the internet or VPNs, but asked his lawyers to pay for a consultant to explore the matter