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First Mover Americas: A Win for Celsius in Court


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

US Bankruptcy Court Rules Celsius Deposits Belong to the Firm


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...

Media Draws Attention to Sam Bankman-Fried’s 2 Visits While on House Arrest


After FTX co-founder Sam Bankman-Fried (SBF) was released on bail and traveled to his parent’s home in California, it has been reported that SBF was visited by the crypto advocate Tiffany Fong, and also the “Big Short” author Michael Lewis while he’s been on house arrest. Fong detailed...

FTX Customers File Class Action to Claim Assets Within Bankruptcy Case


A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the bankruptcy case in Delaware, seeks a court ruling recognizing that their holdings with the trading platform belong to them rather...

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