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Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report
22.9.2023
It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved
Binance and CEO Chanpgeng Zhao asks court to dismiss SEC suit
22.9.2023
Binance Holdings and its CEO Changpeng Zhao have filed a petition seeking to have the lawsuit made against them by the US Securities and Exchange Commission (SEC) dismissed
Judge grants DoJ motions barring testimony of Sam Bankman-Fried's witnesses
21.9.2023
Judge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to testimony presented by the government
Judges deny Sam Bankman-Fried's appeal for early release
21.9.2023
Three judges with the 2nd U.S. Circuit Court of Appeals in New York have denied requests from Sam Bankman-Fried’s lawyers for early release from jail
Bitcoin price eyes $28K as Binance legal battle spurs bullish momentum
20.9.2023
Discover how margin and option metrics hint at Bitcoin's path to $28,000 amid the Binance legal battle
Lawyer Who Laundered Onecoin Money Denied New Trial
20.9.2023
A judge in the U.S. has rejected a request by a lawyer who laundered $400 million from the Onecoin crypto pyramid to have a new trial. The ruling clears the path for sentencing 54-year-old Mark Scott despite a key prosecution witness admittedly lying in court. Judge Not Convinced in Onecoin...
Report: Hodlnaut’s Judicial Managers Oppose OPNX Takeover
19.9.2023
According to a recent court filing, interim judicial managers for the troubled crypto lender Hodlnaut oppose a takeover by the crypto firm OPNX, which is linked to the now-defunct crypto hedge fund Three Arrows Capital and its founders. OPNX Takeover Faces Resistance from Hodlnaut’s Judicial...
SEC Denied Immediate Access to Binance US Infrastructure
19.9.2023
In a setback for the government, a federal judge rejected a request by the U.S. securities regulator to inspect the technological infrastructure of Binance US. The U.S. Securities and Exchange Commission (SEC) accuses the American subsidiary of the leading crypto exchange of non-cooperation with...
Interest rate hikes may pause very soon — Here’s why
19.9.2023
This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused
Who Was Responsible For The Biggest Xbox Leak Ever? Court Blames Microsoft
19.9.2023
Microsoft is currently facing an unprecedented leak of confidential plans and conversations around both the recent past and coming future of Xbox. Sensitive documents meant only for the eyes of the court involved in the Federal Trade Commission’s failed battle to stop Microsoft’s acquisition...
Appeal Court Punts on Bankman-Fried's Bid to Secure Release from Jail
19.9.2023
The one-time crypto exchange executive has made several arguments to get out of jail before his trial
Judges weigh early release for Sam Bankman-Fried as lawyers push First Amendment issues: Report
19.9.2023
A panel of three judges at the 2nd U.S. Circuit Court of Appeals in New York reportedly will consider requests from Sam Bankman-Fried’s lawyers for early release from jail
OPNX’s $30M Hodlnaut bid rejected as FLEX token plummets 90%: Report
19.9.2023
The interim judicial managers of Hodlnaut argued that the $30 million offer of FLEX tokens is “illiquid” and has “speculative value.”
FTX founder’s parents sued, accused of stealing millions from crypto exchange
19.9.2023
According to the allegations, Sam Bankman-Fried’s father Joseph Bankman was a “de facto officer” at the FTX Group
Lawyer who laundered $400M from OneCoin scam denied new trial: Report
19.9.2023
A lawyer who laundered $400 million from the OneCoin scam has been denied a new trial despite arguing there were legal mistakes and false testimony in the original trial in 2019
SEC sees temporary setback in request to access Binance.US software
19.9.2023
A federal magistrate judge has denied the SEC's request to gain immediate access to Binance.US's software, asking the regulator to provide more specific requests for discovery
SEC embroiled in court cases; Hester Peirce says crypto firms shouldn’t give up on US
18.9.2023
The commissioner said she had seen awareness and knowledge of digital assets grow in her five years at the SEC, but largely, there was “more of the same” on enforcement actions
SEC Challenges Binance US's Objections in Latest Court Motion – Here's What You Need to Know
18.9.2023
In a new development today, the U.S. Securities and Exchange Commission (SEC) has asked a court to dismiss the objections raised by Binance US regarding the regulator's recent legal motion.
According to CoinDesk, the SEC claimed that an audit of Binance US revealed difficulties in confirming that...
SEC’s Call for Full Disclosure: Court Asked to Order Inspection of Binance US
18.9.2023
The U.S. Securities and Exchange Commission (SEC) filed a reply to support its motion to compel Binance Holdings Limited to comply with expedited discovery related to customer assets. The reply comes after months of alleged delays and incomplete responses from Binance as it fights a lawsuit...
SEC accuses Binance of noncooperation, court unseals case documents: Law Decoded
18.9.2023
The legal struggle between the SEC and Binance.US continues, with the company hitting new lows in trading volume