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Nalezeno "IC firm": 3576

Crypto Investment Firm Midas Shutting Down Platform Following Losses

28.12.2022
The collapse of Celsius and FTX led to more than 60% of Midas’ assets under management being withdrawn

4 ‘emerging narratives’ in crypto to watch for: Trading firm

26.12.2022
The crypto trading firm sees NFTs becoming more intertwined with brand IP, while Web3 apps with "real world utility" gain traction

Nifty News: Square Enix invests into NFT gaming firm, Beeple speaks on NFT art future and more…

26.12.2022
Pokémon Company International has taken an Australian company to court over advertising an unlicensed NFT-based Pokémon game and HSBC has filed for a host of NFT and Metaverse trademarks

Lastpass Data Breach Frightens Users, Some Say Hack ‘May Be Worse Than They Are Letting on’

24.12.2022
People involved in financial tech, software programming, cyber security, and cryptocurrencies have been talking about the Lastpass data breach that was disclosed two days ago. The password management company detailed that a breach, committed earlier this year, allowed hackers to obtain a “backup...

FTX paid $12M retainer to a New York law firm before bankruptcy filing

24.12.2022
Sullivan & Cromwell LLP (S&C), a law firm headquartered in New York City, received $12 million from West Realm Shires Services Inc. on behalf of FTX for legal services

Judge pulls out of SBF-FTX case citing husband's law firm's advisory link

24.12.2022
Judge Abrams’ withdrawal from the FTX case eradicates any conflict of interest in the FTX case because Andres continues to serve as a partner at Davis Polk & Wardwell, a law firm that advised FTX in 2021

Blockware Customer Accuses Bitcoin Mining Firm of Fraud

23.12.2022
Lawsuit seeks at least $250,000 of damages

Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal

23.12.2022
According to court documents, Caroline Ellison said she and SBF signed off on “materially misleading financial statements” for Alameda lenders — knowing it was illegal

Mythical Games Sues Former Executives for Secretly Raising $150M for New Firm

23.12.2022
The Web3 gaming studio alleges that the former executives, who departed the firm in November, used knowledge gained from raising funds for Mythical to acquire capital for their new firm, Fenix Games

Japanese Securities Giant SBI, Gaming Firm Square Enix Seal Crypto Gaming Deal

23.12.2022
The Japanese securities, banking, and crypto heavyweight SBI and the Tokyo Stock Exchange-listed gaming firm Square Enix have announced a crypto gaming M&A deal. The companies have signed a share purchase deal for Gumi, an up-and-coming crypto and blockchain gaming company. The deal is worth...

HK legislator’s firm to lure 1,000 Web3 start-ups over 3 years

23.12.2022
G-Rocket is aiming to attract 1,000 Web3 start-ups to Hong Kong and will help them with banking, government services and office spaces

Crypto Firm Orthogonal Trading Said to Be in Provisional Liquidation After Maple Defaults

22.12.2022
Orthogonal defaulted on $36 million of loans on decentralized finance (DeFi) protocol Maple Finance earlier this month after it misrepresented its losses from the FTX implosion

Third parties could return FTX funds directly to customers: Law firm

22.12.2022
According to Louise Abbott, FTX users could claim in court that assets “remained their property at all times” and could be treated separately from bankruptcy proceedings

FTX Creditors Hire Law Firm Paul Hastings as Representation

22.12.2022
Paul Hastings beat out multiple law firms that pitched to lead legal work in the bankruptcy proceedings

$1.7M in Quadrigacx Bitcoins Move, Court Trustee EY Says Transfers Were ‘Unauthorized’

21.12.2022
On Dec. 19, the Twitter account Zachxbt revealed he discovered five cold wallets from the now-defunct Quadrigacx crypto exchange move 104 bitcoin. The following day, ‘big four’ accountancy firm EY, Quadrigacx’s bankruptcy court trustee, explained it did not authorize...

Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt

21.12.2022
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, Core Scientific has roughly 1,000 to 5,000 creditors and its estimated assets are worth between...