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Nigeria-China Currency Swap: Activist Lawyer Accuses IMF and World Bank of ‘Economic Sabotage’ to Promote US Dollar, Urges Nigeria to Join BRICS
10.5.2023
Nigerian human rights activist and lawyer, Femi Falana, has accused the International Monetary Fund (IMF) and the World Bank (WB) of sabotaging the currency swap arrangement between China and Nigeria. Falana said the Nigerian central bank and the two global financial institutions are helping...
P2P Crypto Platform Paxful Resumes Operations, Led by Delaware Lawyer – Here's the Latest
9.5.2023
In a major update, leading peer-to-peer cryptocurrency exchange Paxful announced the resumption of its marketplace operations.
This is the first time the platform has been operating since April 2023.
Paxful digital asset exchange primarily facilitates the buying and selling of Bitcoin and other...
Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making
7.5.2023
A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,” he stressed. Lawyer Expects SEC to Lose Against...
FTX advisors billed the bankrupt firm for a whopping $103M in Q1
3.5.2023
After Sullivan & Cromwell, Consulting firm Alvarez & Marsal billed the second largest invoice for its finance and accounting work
Crypto Companies May Use a Supreme Court Doctrine to Push Back Against SEC: Lawyer
18.4.2023
Crypto firms are using the major questions doctrine as a way to fend off regulators, Jason Gottlieb, a partner at Morrison Cohen LLP, said
FTX Finds $7.3 Billion in Liquid Assets; Lawyers Consider Rebooting Shuttered Crypto Exchange
13.4.2023
FTX debtors revealed during a hearing on April 12th that the restructuring team has collected $7.3 billion in liquid assets. The exchange is currently considering a relaunch, according to a lawyer representing the defunct cryptocurrency exchange. Following the announcement, the exchange’s...
Pro-XRP lawyer John Deaton ‘10x more into BTC, 4x more into ETH’: Hall of Flame
12.4.2023
He’s best known as the “pro-XRP lawyer,” but John Deaton was actually “10 times more into Bitcoin and four times more into Ethereum.”
Lawyer lays out his reasoning on why XRP is not a security
10.4.2023
Lawyer Jeremy Hogan believes the U.S. SEC has failed to legally demonstrate that XRP is a security and has explained how
Elon Musk requests dismissal of $258B Dogecoin lawsuit: Report
1.4.2023
Investors pointed to Musk’s portrayal of "a fictitious financial expert" during a Saturday Night Live appearance, referring to Dogecoin as “a hustle,” as a reference point in the lawsuit
Do Kwon to Stand Trial in Montenegro, May Serve Time Before Extradition
30.3.2023
Before extradition, Terraform Labs founder Do Kwon will first have to stand trial in Montenegro for traveling on a fake passport, according to his lawyer in the country. The fugitive crypto entrepreneur may also have to serve time in prison before he is extradited from the Balkan nation,...
Celsius lawyer and advisor fees on track to reach $144M, community responds
21.3.2023
Software developer Cam Crews compiled data showing almost $102 million being filed with the courts and $42 million estimated to be filed eventually
Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse
14.3.2023
The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) and the firm Terraform Labs. Unnamed sources say that former staff members from Terraform Labs, the company behind the Terra...
Report: Egyptian Police Arrest 29 Alleged Masterminds of Crypto Mining App Scam
14.3.2023
The Egyptian police are reported to have recently arrested 29 individuals associated with the Hoggpool cryptocurrency mining app scam. In addition to seizing 95 mobile phones and 3,367 SIM cards, the police said domestic and foreign currency valued at $194,000 was recovered during the arrests....
Airbit Club Founders, Lawyer Plead Guilty to $100M Fraud Scheme
8.3.2023
The scheme's founders and promoters promised victims their money would be invested in a lucrative mining operation, but instead spent funds on cars, jewelry and luxury homes
The crypto industry has 'already started' moving outside US, says Ripple CEO
5.3.2023
Ripple's CEO Brad Garlinghouse stated that if the SEC is able to “prevail” in its case against Ripple there will be a lot "of other cases" brought forward
UAE free zone to explore Bitcoin payments for services, lawyer says
3.3.2023
The free zone for virtual asset firms in the Ras Al Khaimah emirate aims to foster regulated and non-regulated activities
Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases
1.3.2023
Recently, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), expressed his opinion in a detailed interview with New York Magazine’s Intelligencer regarding why he believes crypto assets other than bitcoin are securities. However, Stuart Alderoty, Ripple’s...
US May Consider Alexander Vinnik for Prisoner Exchange With Russia, Lawyer Says
24.2.2023
Crypto exchange BTC-e’s alleged operator Alexander Vinnik may be a candidate for prisoner swap between the United States and Russia. That’s according to a statement by one of his lawyers for Russian media. The latest court hearing in Vinnik’s case has been postponed. Russian Accused of Laundering...
'It would be absurd' for a US court to rule private NFTs as securities: Lawyer
23.2.2023
The comments from the hosts of lawyers comes as Judge Victor Marreo said that Dapper Labs’ NBA Top Shot Moments NFT may constitute a security
Coinbase staking 'fundamentally different’ to Kraken's — chief lawyer
22.2.2023
After the SEC’s crack-down on Kraken, Coinbase’s legal head outlined the differences between Kraken’s staking product and its own