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New York Times, FT, Bloomberg Blasted for Attempting to Get FTX Creditors’ Names Unsealed
11.12.2022
Amid the ongoing FTX bankruptcy proceedings, court documents indicate that media firms such as Bloomberg, the New York Times (NYT), Dow Jones & Company, and the Financial Times (FT) want the redacted information tied to FTX creditors unsealed. The media companies believe the public should...
A Supreme Court case could kill Facebook and other socials — allowing blockchain to replace them
11.12.2022
If the Supreme Court decides to strike down Section 230, it's going to become considerably more difficult for centralized social media companies to operate
Three Arrow Capital's Zhu, Davies Subpoenaed in US Bankruptcy Case
7.12.2022
The New York Bankruptcy Court wants to gain information about the collapsed crypto hedge fund’s founders and investment managers
Report: FTX Co-Founder SBF Retains White-Collar Lawyer Who Represented Ghislaine Maxwell
7.12.2022
On Dec. 6, 2022, the former FTX CEO Sam Bankman-Fried (SBF) reportedly retained the attorney Mark Cohen, the lawyer that represented Ghislaine Maxwell during her recent sex trafficking case. SBF’s spokesperson further explained that the FTX co-founder is being consulted by a professor at Stanford...
Court in China Recognizes NFTs as Virtual Property Protected by Law
6.12.2022
A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired to sell a collection of tokens. Hangzhou Internet...
Wikipedia Editors List FTX’s Questionable Blunder as the Top Trading Loss of All-Time
6.12.2022
Following the collapse of FTX at the beginning of November, two top executives from FTX and Alameda Research — Sam Bankman-Fried and Caroline Ellison — have been listed among traders with the top trading losses worldwide on Wikipedia. According to the Wiki page, Bankman-Fried’s and Ellison’s...
RBB LAB Uses NFT to Serve Alberto De Luigi and Andreas Kohl Summons
5.12.2022
PRESS RELEASE. San Marino, Dec 5, 2022 — RBB Lab, a technology development firm based in the Republic of San Marino, has used NFT (Non-Fungible Token) technology to issue court summonses for the case against Alberto De Luigi, Andreas Kohl, both former collaborators of the firm, and their company...
Ripple files final submission against SEC as landmark case nears end
5.12.2022
The two-year-long battle between SEC and Ripple is approaching the end, with Ripple filing its final submission in its case against the US regulator on Dec. 2
Swyftx cuts 40% of staff as it braces against 'worst-case scenario'
5.12.2022
The Australian crypto exchange said while it had no exposure to FTX, it was "not immune" to its fallout
The Crypto 6 Case Heads to Trial With Only 1 Defendant Left, Prosecutor’s So-Called ‘Expert’ Excluded
4.12.2022
On Dec. 6, 2022, the “Crypto Six” case will be heading to trial, and out of all six defendants, only Ian Freeman, co-host of the radio broadcast Free Talk Live, has not accepted a plea bargain. According to the most recent hearing, Freeman’s legal counsel filed a Daubert motion, which aims...
US Trustee Plans to Appoint an Examiner to FTX Case, While SBF Describes Strange Margin Trading Practices
2.12.2022
On Dec. 1, 2022, an attorney for the U.S. Trustee submitted a written letter to Delaware bankruptcy court officials that seeks to establish an independent examiner to investigate the FTX Chapter 11 bankruptcy proceedings. The U.S. Trustee explained in the letter that FTX’s collapse...
What is the best crypto use case? Community answers
30.11.2022
A community member argued that the best crypto use case is still how crypto provides a decentralized, peer-to-peer payment system that eliminates middlemen like banks
London Court Orders Six Crypto Exchanges to Share Client Details to Assist in $10.7M Fraud Case
30.11.2022
London's High Court has ordered six cryptocurrency exchanges including Binance, Coinbase, Luno and Kraken to disclose client information to trace $10.7 million that was stolen from a UK-based exchange in 2020
Crypto Exchange Kraken Settles Case With US Treasury Over Serving Customers in Iran
28.11.2022
Kraken has agreed to pay $362,1159 to settle its potential liability for violating U.S. sanctions against Iran
Privacy Isn’t Just an Edge Case for Crypto
28.11.2022
Financial privacy is useful for dissidents in extreme situations. But nobody should have to justify keeping their personal lives private, says our columnist
Forget Dogecoin and Shiba Inu with no use case, backed staking token Oryen Network is here
26.11.2022
Despite their lack of use, Shiba Inu and Dogecoin alternatives are growing daily. As the Oryen Network project shows, progress happens with utility. In the course of the current presale, the value of the ORY tokens has more than doubled. With a sharp eye for lucrative prospects, investors are...
Bitcoin new 'worst case scenario' puts BTC bear market bottom near $6K
26.11.2022
Bitcoin capitulation action could send BTC price back to an area double the 2018 bear market bottom, says Decentrader's Filbfilb
Bankruptcy Lawyers Say FTX Was Operated by ‘Inexperienced and Unsophisticated Individuals’
23.11.2022
On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been stolen or are missing” and further stressed to the bankruptcy court that FTX executives left the lawyers James Bromley and Sullivan Cromwell with limited information. Bromley further...
Bahamas FTX Liquidators Agree to Transfer Bankruptcy Case to Delaware
22.11.2022
Court-appointed liquidators for collapsed FTX in the Bahamas had filed a separate suit in a New York court, while the exchange had filed for bankruptcy in Delaware
FTX Co-Founder Sam Bankman-Fried Faces US Extradition, Bankruptcy Court Says Top Execs Won’t Be Compensated
22.11.2022
According to a report citing three people familiar with the matter, the former FTX CEO Sam Bankman-Fried (SBF) may be extradited to the United States for questioning. After it was alleged that SBF transferred $10 billion in customer funds to Alameda Research, the company’s financials show between...