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US Government Presses for Independent Examiner in FTX Bankruptcy Case


Following the U.S. bankruptcy court judge’s rejection of the U.S. Trustee’s plea to designate an impartial investigator for the FTX bankruptcy case, the government is now appealing this verdict. In essence, the U.S. Trustee’s appeal has been forwarded to the U.S. Third Circuit...

South Korean Court Jails Civil Servant Who Stole Public Funds to Buy Crypto


A South Korean court has handed a suspended jail term to a civil servant who stole thousands of USD worth of public funds to pay for crypto investments. Per Yonhap, the public official was handed a one-year suspended prison sentence, as well as two years of probation. The official was not named...

Terraform Labs’ Do Kwon’s Bail Revoked in Montenegro Court: Bloomberg


A court in Montenegro has repealed a lower court’s decision under which to release Terraform Labs co-founder Do Kwon on bail, according to Bloomberg News.  A court spokesperson said a high court in Montenegro’s capital overturned the earlier decision and Kwon remains in jail, Bloomberg reported. ...

Coinbase Asks the Court To Step In To Get Answers on Its Rulemaking Petition


Cryptocurrency exchange Coinbase called on a court to issue a “writ of mandamus” telling the US Securities and Exchange Commission to respond to its rulemaking petition within seven days. A mandamus “is warranted because the SEC has made up its mind to deny Coinbase’s petition,” the exchange said...

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