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Belarusian Fined $1 Million for Illegal Crypto Trading
13.1.2023
A Belarusian citizen will have to pay a hefty fine for illegally organizing the exchange of cryptocurrencies online. Law enforcement authorities in the country, where certain crypto activities are legal, do not plan to impose other penalties besides the administrative measure. Cryptocurrency Trader...
Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena
13.1.2023
A federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball stadium. The sports venue was branded FTX Arena as part of a multi-year, multi-million dollar sponsorship deal between the now-bankrupt crypto exchange and Miami-Dade County in 2021....
Sam Bankman-Fried Blogs Like a Crypto Robin Hood, but in Court He's Not So Charitable
12.1.2023
The FTX founder’s claimed largesse about giving his funds away contrasts with a legal battle to keep control of $450 million in shares – that were paid for a loan from Bankman-Fried’s Alameda Research
Despite SEC Objection, Court Greenlights Billion-Dollar Asset Purchase Deal Between Binance US and Voyager
12.1.2023
The asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital has reportedly received initial court approval despite objections from various regulators, including the U.S. Securities and Exchange Commission (SEC). Court Lets Binance US Buy Voyager’s Assets...
FTX customers are safe from being doxxed, for now
12.1.2023
The decision comes after a Jan. 8 filing by FTX’s lawyers who argued that public disclosure could create an undue risk of identity theft or unlawful injury to FTX creditors
Ooki DAO misses lawsuit response deadline, default judgment on the cards
12.1.2023
The commodities regulator has begun the process of getting a court ruling on the Ooki DAO case after the latter failed to respond to the lawsuit by the deadline
US lawmakers call on court to approve 'independent examiner' in FTX bankruptcy case
10.1.2023
Four U.S. Senators said Sullivan & Cromwell was "simply not in a position to uncover the information needed to ensure confidence in any investigation or findings" regarding FTX
Voyager tells court Binance acquisition plan is ‘sound business judgment,’ urgently needed
9.1.2023
The bankrupt brokerage answered objections from a host of interested parties, claiming its information disclosures are adequate and so is its decision making
FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents
9.1.2023
Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million in Robinhood shares, Delaware bankruptcy court documents show tens of millions were spent by the FTX team in 2022 on living accommodations, hotels, food, and flights. Moreover...
BlockFi Management Hasn't Withdrawn any Crypto Since October, Lawyers Tell Court
9.1.2023
Around 117 Parties Interested in Buying FTX Units, Court Documents Show
9.1.2023
Attempts to urgently sell LedgerX and FTX Japan have invited legal protest
Hacker Sent to Prison for Robbing Vietnamese Crypto Exchange
9.1.2023
Authorities in Vietnam have caught and sentenced a hacker who stole money and data from a local cryptocurrency exchange. The man, who was arrested and charged for extorting the trading platform’s owner, has been ordered to return the money he misappropriated. Vietnamese Court Jails Hacker...
FTX spent $40M on food, flights, and hotels in just 9 months: Court filings
9.1.2023
FTX did not hold back on company expenses in the Bahamas, according to court documents
Crypto Biz: SBF has his day in court; Barry Silbert accused of ‘stalling’ over frozen funds
6.1.2023
The founder of FTX pleaded not guilty to all criminal charges related to the collapse of crypto exchange FTX
Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process
5.1.2023
The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by the fund’s liquidators via Twitter. While serving subpoenas on Twitter is rare, it has happened on various occasions in the past, including when Wikileaks was served on Twitter...
First Mover Americas: A Win for Celsius in Court
5.1.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
FTX's former top lawyer cooperated with the US in Sam Bankman-Fried case
5.1.2023
FTX’s former compliance chief Daniel Friedberg started working for Sam Bankman-Fried in 2017 and resigned from FTX days before the exchange collapsed
Mango Markets Exploiter Must Stay Detained Pending Trial, Court Rules
5.1.2023
Avraham Eisenberg can’t be released on bail because he faces a mammoth prison sentence for the $110 million exploit in October, a Puerto Rico judge said
US Bankruptcy Court Rules Celsius Deposits Belong to the Firm
5.1.2023
A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for Chapter 11 bankruptcy protections in July. The decision establishes a precedent that might affect the status of other, similar...
US DoJ Is Seizing Banking Assets, Robinhood Shares Linked to FTX, Court Told
4.1.2023
Officials may later seek to have Sam Bankman-Fried forfeit the assets, potentially including as much as $450 million in stocks, to avoid benefiting from crimes