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Bloodborne Kart Takes A Pit Stop Thanks To Sony Lawyers
29.1.2024
There’s almost never any Bloodborne news. Whenever the game does get talked about online, it’s either copium or hopium as fans of FromSoftware’s gothic Soulslike chomp at the bit for a remake or remaster of the 2015 action RPG. While no such thing is in the works as far as we know, there is...
Sam Bankman-Fried’s Parents File for Dismissal in FTX Fraudulent Transfer Case
17.1.2024
The parents of Sam Bankman-Fried, the disgraced founder of FTX, are seeking to have the lawsuit filed against them dismissed. They are arguing that they had no involvement in any alleged fraudulent transfers or breaches of fiduciary duties. Lawyers representing Joseph Bankman and Barbara Fried...
SEC Chair Gary Gensler Issues Crypto Investing Advice — Lawyers See as Prelude to Spot Bitcoin ETF Approval
10.1.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has advised investors to be cautious when considering crypto investments. His advice followed a series of warnings he issued the day before regarding the risks of crypto investing. The SEC is expected to green-light multiple spot...
SBF Decides Against Filing Post-Trial Motions, Shifts Focus to Appeal
4.12.2023
The lawyers of disgraced FTX founder, Sam Bankman-Fried, have decided to not file any post-trial motions following his fraud conviction on November 2nd, according to a letter filed by his attorneys on December 1st. SBF’s potential appeal “After further consideration, we have decided not to file...
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...
CZ’s Lawyers Push Back Against Flight Risk Claims, File Opposing Motion
24.11.2023
Defense attorneys for former Binance CEO, Changpeng Zhao, have legally pushed back against claims made by the government that he is a “flight risk” who should not be allowed to leave the country. Zhao’s incentive to stay In a court filing from November 23rd, representatives for...
U.S. 5th Circuit Court seeks regulation on lawyers’ AI use in legal filings
23.11.2023
The suggested regulation would apply to attorneys and litigants without legal representation appearing before the court, obliging them to confirm that filings produced through the help of AI were assessed for precision
UK's Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say
16.11.2023
The government has said it won't extend certain regulatory exemptions reserved for foreign TradFi firms to crypto
Ex-FTX execs team up to build new crypto exchange 12 months after FTX collapse: Report
12.11.2023
The cryptocurrency exchanges offers a self-custody solution that integrates a multiparty computation technique to secure funds
Scammers play a long game using bogus, AI-backed 'law firm'
6.11.2023
Is artificial intelligence the best invention for scammers since the internet was invented? Here's one story of an AI-generated law firm sending threats to win backlinks
SEC Clashes With Do Kwon and Terraform Labs in Court, Alleging ‘Clear, Undisputed’ Fraud
6.11.2023
Last week, lawyers representing Terraform Labs and its ex-CEO Do Hyeong Kwon (Do Kwon) moved to dismiss the lawsuit brought against them by the U.S. Securities and Exchange Commission (SEC). In response, the SEC has countered with a motion of its own, asserting the accountability of both...
Trial of Alleged Mango Markets Exploiter Avraham Eisenberg Postponed – Here’s the Latest
5.11.2023
The trial of Avraham Eisenberg, the individual accused of exploiting Mango Markets, has been delayed per request by his lawyers. Initially scheduled for December 4, 2023, the trial has been rescheduled to April 8, 2024, according to court documents.  Eisenberg’s legal team requested...
Bankman-Fried’s Lawyers Challenge Core of Fraud Case, Questioning Fiduciary Ties Under English Law
1.11.2023
Lawyers for Sam Bankman-Fried are seeking to instruct the jury that no trust or fiduciary relationship existed between the crypto exchange and its customers, a key part of the prosecution’s fraud case. Bankman-Fried’s Attorneys Question Trust Ties In an addendum to earlier requests,...
Terraform Labs and Do Kwon Challenge SEC, Seeking Dismissal of Multi-Billion Dollar Fraud Charges
31.10.2023
In the latest legal maneuver, Terraform Labs and its former CEO Do Hyeong Kwon (Do Kwon) have submitted a comprehensive Motion for Summary Judgment, seeking an immediate dismissal of the fraud charges levied against them by the U.S. Securities and Exchange Commission (SEC). Terraform Labs and...
Sam Bankman-Fried lawyers pitch for changes to judge's jury instruction
31.10.2023
SBF attorneys have made several requests over the course of the past few months ranging from requests for early bail before trial to vegan food and prescription drugs
Bankman-Fried Takes the Stand With a Great Focus on Relying on Counsel and Legal Advice
26.10.2023
The former FTX CEO Sam Bankman-Fried testified Thursday without jurors present. Bankman-Fried was questioned by his attorney, Mark Cohen, before the judge. He described FTX senior staff using encrypted messaging, discussed obtaining Alameda’s bank account, and talked about business operations with...
Sam Bankman-Fried May Testify to Role of Lawyers, 'Good Faith' Efforts, Filing Says
26.10.2023
In a series of filings throughout Thursday, the Department of Justice and Sam Bankman-Fried's defense crossed swords on issues ranging from charts the defendant wants to use in his testimony to an ongoing question of whether the defense can rely on a presence of counsel argument
Ex-FTX Chief’s Defense Team Challenges FBI Interviews, Raises Questions About Witness Credibility
26.10.2023
On Wednesday, the defense team for the former FTX CEO Sam Bankman-Fried issued a letter to the judge seeking to question two FBI agents who interviewed Gary Wang, former chief technology officer of FTX, and Nishad Singh, former director of engineering at FTX. Lawyers allege the witnesses provided...
Sam Bankman-Fried will testify at criminal trial, say defense lawyers
25.10.2023
After much speculation, the former FTX CEO will be one of only a handful of witnesses to testify for his defense in the criminal fraud case
FTX Creditors' Lawyers Promote Deal Giving Investors 90% of What's Left in SBF's Empire
23.10.2023
A deal was secured to pay those who had money at defunct FTX as much as 90% of the assets that remain, and now the lawyers representing some creditors are trying to get enough of those investors on board to make it happen