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Voyager creditors could start seeing funds in the ‘next few weeks’
5.5.2023
The bankrupt crypto brokerage has entered the final stages of liquidation procedures after Binance abandoned its acquisition deal last week
U.S. Court Orders SEC to Respond to Coinbase Allegations Within 10 Days
4.5.2023
Coinbase last week argued that the SEC is providing insufficient regulatory guidance for U.S. companies operating in the crypto sector
FTX seeks to claw back $4B from Genesis in a battle of the bankrupt
4.5.2023
The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to FTX’s “fraudulent” business model
Robinhood returns to court to defend position in case brought by US state regulator
3.5.2023
The Massachusetts Securities Division filed a complaint against Robinhood in December 2020 alleging the platform was in violation of the state’s fiduciary duty standards
Crypto influencer named in FTX lawsuit served via tweet
3.5.2023
A law firm backing an FTX investor suit tagged a crypto influencer in a tweet to serve its lawsuit
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
Celsius eyes merge of entities as creditors claim distinctions were a ‘sham’
3.5.2023
New court filings are pushing to straighten out the issue in a bid to help recover lost funds for customers
Coinbase faces suit over alleged privacy violations in biometrics collection
2.5.2023
The proposed class action lawsuit alleges the exchange violated privacy laws in Illinois when it collected and stored users' fingerprints and facial scans
US Court Orders Operator of South African Bitcoin Ponzi Scheme to Pay Over $3.4 Billion
2.5.2023
Johann Steynberg, the founder and CEO of Mirror Trading International, has been ordered to pay over $1.73 billion in restitution to victims of his bitcoin ponzi scheme. The court has also ordered Steynberg to pay a civil monetary penalty of a similar amount. The Commodity Futures Trading Commission...
Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses
28.4.2023
On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were...
Kraken asks San Francisco court to intervene against IRS demands
27.4.2023
Kraken has joined Coinbase in an effort to push back against the growing regulatory scrutiny by U.S. regulators
Court Orders Crypto Exchanges to Aid in Investigation of Collapsed Globix Trader
26.4.2023
A court in the British Overseas Territory of Gibraltar has ordered several crypto exchanges to assist in the investigation of the collapsed crypto trading firm Globix.
Per a report from the Financial Times on Tuesday, investigators are seeking to track down $43 million in missing funds from...
Apple's outside payments ban upheld as unlawful in likely win for NFTs and crypto
26.4.2023
Unless Apple appeals the decision and has the ruling overturned, developers are free to direct app users to their own systems to make purchases
Binance US Pulls the Plug: Voyager Purchase Deal Falls Through
25.4.2023
According to the now-defunct crypto lender Voyager, Binance US sent a letter to the company “terminating the asset purchase agreement.” While the announcement was “disappointing” for Voyager, the firm maintained that its customers would still be receiving their cash...
Genesis settlement disrupted by new creditor demands, DCG says
25.4.2023
Under the initial settlement plan, Genesis creditors were expected to receive 80% recovery of funds lost due to the bankruptcy
Coinbase Files Legal Action Against SEC Over Lack of Regulatory Clarity
25.4.2023
On April 24, 2023, Coinbase announced that it had filed an action in federal court requesting the U.S. Securities and Exchange Commission (SEC) to respond to their petition. The petition, submitted in July 2022, requested the commission to propose and adopt rules governing the regulation of digital...
OpenSea 'insider trading' trial kicked off in New York district court
25.4.2023
The court case might have a decisive influence on the legal classification of NFTs
Terra Co-Founder Daniel Shin Indicted in South Korea: Bloomberg
25.4.2023
Shin was indicted with nine others as prosecutors froze $185 million in assets
Ugandan High Court Rules to Uphold Central Bank’s Crypto Prohibition
25.4.2023
A Judge of a High Court in Uganda recently dismissed an application which sought to quash a Bank of Uganda directive that barred licensed entities and individuals from facilitating crypto transactions. In his ruling, Justice Musa Ssekaana insisted that the central bank’s crypto prohibition...
Crypto Exchange Coinbase Sues the SEC, Demands Court Compel Response to Rulemaking Petition – Here's the Latest
25.4.2023
Coinbase has asked a court to compel the Securities and Exchange Commission to respond to its July 2022 petition that asked for clearer crypto regulation guidelines.
On Monday, the company filed a lawsuit with a federal appellate court in Philadelphia, arguing that the SEC hasn’t been reasonable...