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Nalezeno "ue court": 2903

Celsius Sends Bankruptcy Restructuring Plan To Creditors Vote After Court’s Approval

18.8.2023
Bankrupt crypto lender Celsius is set to hold a vote on a plan to sell its asset to Fahrenheit Group following the approval by a judge as the proceeding winds down. Celsius will send its creditors ballots to vote on the proposal between Aug 24 and Sept 22 and if approved, creditors could receive...

BlockFi Complies with Court Order, Permits Crypto Withdrawals for Eligible US Users

18.8.2023
On August 17, BlockFi, a New Jersey-based crypto lending company, stated that it had initiated withdrawals for eligible users' wallets in the US in compliance with a court order issued by the US Bankruptcy Court for the District of New Jersey. However, due to ongoing legal proceedings, these...

Tornado Cash lawsuit judge sides with US Treasury in motions for summary judgement

17.8.2023
Competing motions for summary judgment saw a federal judge rule the U.S. Treasury with within its authority to declare Tornado Cash a sanctioned entity

BlockFi opens crypto withdrawals for eligible US users following court order

17.8.2023
The lending platform halted client withdrawals amid filing for bankruptcy in November 2022, but later petitioned the court for authorization to return user funds

Binance.US request for protective order against SEC goes to magistrate judge

16.8.2023
The legal team for Binance.US filed a motion for a protective order on Aug. 14, claiming it was necessary to protect the firm from the SEC’s “fishing expedition” during discovery

Singapore Court to Adjudicate DeFiance Capital's $140 Million Dispute with 3AC Liquidators

16.8.2023
A judge in Singapore has decided that a $140 million legal dispute between bankrupt crypto hedge fund Three Arrows Capital’s (3AC) liquidators and investment firm DeFiance Capital will be heard in the city-state, against the will of the liquidators. The disagreement between the parties center...

Report: Brazilian Court Fines Mastermind of South African Bitcoin Ponzi Scheme

16.8.2023
A court in Brazil has found Johann Steynberg, the mastermind of the bitcoin ponzi scheme Mirror Trading International (MTI), guilty in a case in which he is accused of using a forged identity document. The court, however, commuted Steynberg’s three-and-a-half-year sentence to a fine of just...

Major Chinese Filecoin Miner Accused of Orchestrating $83.2 Million Pyramid Scheme

16.8.2023
A Chinese local court has started the trial in the case of Shenzhen Shikongyun (Space-Time Cloud) Technology, a major Filecoin mining firm, for an alleged $83.2 million pyramid scheme. The ongoing trial in Pingnan County in the Guangxi autonomous region involves the company's four executives...

Former FTX Co-CEO Ryan Salame to Plead the Fifth, Declares Himself ‘Unavailable as a Witness’

15.8.2023
U.S. federal prosecutors have unveiled court documents indicating that ex-FTX CEO Sam Bankman-Fried (SBF) is entangled in a web of allegations, with illegal political campaign financing being a significant charge. In light of these allegations against SBF, Ryan Salame, FTX Digital Markets’...

From Crypto Custodian to Court: Prime Trust Files for Bankruptcy Protection

15.8.2023
In the wake of financial upheavals and regulatory hurdles, Prime Trust, a digital currency custodian, has formally sought Chapter 11 bankruptcy protection. This move closely follows the appointment of John Guedry as the company’s overseer, bolstered by a designated committee to steer...

Binance seeks protective order against SEC’s ‘fishing expedition’

15.8.2023
The exchange claims the SEC's deposition and discovery requests are outside the scope of the regulators lawsuit it filed against Binance

Latest superseding indictment against Sam Bankman-Fried includes campaign finance allegations

14.8.2023
The U.S. Justice Department dropped a campaign finance violations charge on Sam Bankman-Fried's indictment in July, but said it will consider the alleged scheme in other counts

Sam Bankman-Fried will 'return to his depression' without access to medication, say defense lawyers

14.8.2023
According to Sam Bankman-Fried's legal team, he was "only able to bring a small supply” of ADHD medication and antidepressants to jail following the judge revoking his bail

Legal Twist: Three Arrows Capital Co-Founder's Citizenship Renunciation Disrupts Court's Jurisdiction in Bankruptcy Case

14.8.2023
In the bankruptcy case of Three Arrows Capital (3AC), a crypto hedge fund that ceased operations, a judge has rejected a request to hold co-founder Kyle Davies in contempt of Court and impose sanctions.... Read More: Legal Twist: Three Arrows Capital Co-Founder's Citizenship Renunciation Disrupts...