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Nalezeno "case": 1748

FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate

18.1.2023
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief restructuring officer, John J. Ray III, met with...

Sao Paolo Court Ruled Against Binance in User Withdrawal Related Case

18.1.2023
A court in Sao Paolo, Brazil, ruled against Binance in a case in which the leading cryptocurrency exchange faced a withdrawal-related complaint. A user, who introduced a lawsuit against the exchange because he couldn’t retrieve his funds from the platform, received almost $2,000 in damages...

Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange

15.1.2023
The body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be Polish. The trading platform also misled customers that it was operating with the regulatory approval of the financial authorities in the country. Belize-based...

Belarusian Fined $1 Million for Illegal Crypto Trading

13.1.2023
A Belarusian citizen will have to pay a hefty fine for illegally organizing the exchange of cryptocurrencies online. Law enforcement authorities in the country, where certain crypto activities are legal, do not plan to impose other penalties besides the administrative measure. Cryptocurrency Trader...

Cryptocurrency Exchanges Still Fighting Private Banks for Right to Open Bank Accounts in Chile

13.1.2023
The conflict between banks and cryptocurrency exchanges in Chile is still developing, as some banks are reticent to serve this kind of institution. A new report prepared by exchanges reports that most of these banks refuse to include crypto companies as customers for risks that are nevertheless...

Ex-Coinbase Manager’s Brother Sentenced to Prison in Crypto Insider Trading Case

12.1.2023
A former Coinbase employee’s brother has been sentenced to 10 months in prison in what the U.S. Department of Justice (DOJ) called a “groundbreaking cryptocurrency insider trading case.” ‘Groundbreaking’ Crypto Insider Trading Case The U.S. Department of Justice (DOJ)...

Ooki DAO misses lawsuit response deadline, default judgment on the cards

12.1.2023
The commodities regulator has begun the process of getting a court ruling on the Ooki DAO case after the latter failed to respond to the lawsuit by the deadline

FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges

11.1.2023
As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 2023, FTT has risen 28.42% and currently sits above the $1 range, following a dip below that...

The Weirdest Nintendo Switch Accessories You Can Buy

11.1.2023
Nintendo hardware has long leaned into the weirdest ends of gaming. In turn, accessories for the company’s peculiar consoles have gone even further into the realms of the downright peculiar. With the announcement of the fantastic-looking Nyxi GameCube controller for the Nintendo Switch, recreating...

Ex-Coinbase manager's brother sentenced to 10 months in insider trading case

10.1.2023
This is believed to be the first insider trading case involving cryptocurrency

US lawmakers call on court to approve 'independent examiner' in FTX bankruptcy case

10.1.2023
Four U.S. Senators said Sullivan & Cromwell was "simply not in a position to uncover the information needed to ensure confidence in any investigation or findings" regarding FTX

FTX former lead engineer in talks with federal prosecutors in Bankman-Fried case

10.1.2023
A third former FTX-linked executive is reportedly considering providing evidence against Sam Bankman-Fried in an attempt for a more lenient sentence

BlockFi plans to file assets and liabilities for bankruptcy case on Jan. 11

9.1.2023
The company claimed that no members of the BlockFi management team had withdrawn any crypto from the platform since October 2022

Robinhood Shares Worth Nearly $500M Seized in FTX Case

9.1.2023
The "seized assets constitute property involved in violations" of crimes such as money laundering and wire fraud the document outlined

Man Pleads Guilty to Stealing Bitcoin ‘Seized’ by US Government

9.1.2023
An Ohio man has pleaded guilty to stealing over 712 bitcoin that was “seized” by the U.S. government in another criminal case. He has agreed to forfeit some bitcoin, ether, and dogecoin as part of his plea. “Due to the increase in market prices, the total value of these...