Search
Former FTX chief lawyer claims US legal counsel channeled business to S&C
20.1.2023
The former chief regulatory officer of FTX has supported a motion that would stop FTX from using Sullivan & Cromwell LLC as its lead bankruptcy counsel
SBF says Sullivan & Cromwell contradicted itself with insolvency claims
18.1.2023
The former FTX CEO says the exchange’s new attorneys are not taking into account customer bank balances
Sam Bankman-Fried Disputes FTX US ‘Shortfall’ Claims, Critics Skeptical of Excel Spreadsheet Defense
18.1.2023
Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam Bankman-Fried (SBF) took to Twitter to share a blog post from his Substack newsletter. SBF stated that the presentation published by litigation firm Sullivan &...
3AC, Coinflex founders collaborating to raise $25M for new claims trading exchange
16.1.2023
According to the project's pitch deck, the company intends to launch as soon as possible, and estimates the claims market to be worth around $20 billion
Beyond Good & Evil 2 Still In Development, Claims Ubisoft
16.1.2023
After Ubisoft recently announced they had been swinging the axe Barbarian-style, it was assumed by many that any hope of the infinitely-delayed Beyond Good & Evil 2 could now be put to rest. Seven games were canned in the last six months, along with yet another delay for the beleaguered Skull...
FTX Creditor Claims Going for 13 Cents on the Dollar on Bankruptcy Marketplace Xclaim
11.1.2023
Claims trading platform Xclaim says it has doubled its pool of claims buyers due to interest in FTX
Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation
10.1.2023
Gemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group (DCG). In the letter, Winklevoss accuses DCG and CEO Barry Silbert of making poor decisions with the now-defunct crypto hedge fund Three Arrows Capital (3AC),...
Terra accidental airdrop leads to smear campaign, community member claims
10.1.2023
TFL claimed that the airdrop receiver refused to return the funds, while the user claimed that he was on the verge of settlement with the firm when the former decided to run a smear campaign
CoinMarketCap-led token airdrops ‘infected by fraud,’ crypto project claims
10.1.2023
A crypto project claims a promotional token airdrop campaign led by CoinMarketCap was riddled with "fraud" that left its token price crumbling
SBF claims himself not guilty, faces up to 115 years in jail: Law Decoded, Jan. 2-9
9.1.2023
The entrepreneur faces eight criminal counts, which could result in 115 years in prison should he be convicted
Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings
8.1.2023
Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance, according to two people familiar with the matter. The hedge funds were allegedly issued subpoenas by the U.S. attorney’s office for the Western District...
Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis
7.1.2023
Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group...
Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine
6.1.2023
The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed...
Today in Crypto: US SEC Seeking Details on FTX Investors’ Due Diligence, NY Attorney General Sues Celsius Co-founder, European Central Bank Executive Claims Crypto is Gambling
6.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: US SEC Seeking Details on FTX Investors’ Due Diligence, NY Attorney General Sues Celsius Co-founder...
New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud
5.1.2023
On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims that Mashinsky and Celsius defrauded “hundreds of thousands of investors, including more than 26,000 New Yorkers,...
Anarchist Fallout Mod Claims To Be Funded By The Government
5.1.2023
The Canadian government has apparently used taxpayer money to pay for an anarchist Fallout mod. And not just once or twice, but four times. I have so many questions, mainly: “What does it take to get rejected from a Canadian arts grant?”Read more
Sony Claims The PlayStation 5 Shortage Is Over In 2023
5.1.2023
If you or a loved one has been struggling to find a PlayStation 5 since its launch in 2020, Sony says the box should be easier to find in your store of choice in 2023.Read more
Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations
5.1.2023
According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acquire Wyre in September. Wyre CEO Ioannis Giannaros, however, told Axios that the company is “still...
Bitcoin core developer claims to have lost 200+ BTC in hack
2.1.2023
A Bitcoin OG and core developer Luke Dashjr claims his PGP key was compromised, resulting in virtually all his Bitcoin being stolen from him on Dec. 31
Investors seek to sell FTX, Celsius, BlockFi, Voyager claims
30.12.2022
Hedge funds and debt investors have already purchased some of the claims