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Luna Founder Do Kwon Isn’t in Singapore, Police Say After South Korean Court Issues His Arrest Warrant
19.9.2022
Terraform Labs founder Do Kwon is not in Singapore, local police say. Accused of fraud after the collapse of cryptocurrencies luna and terrausd, he is wanted in South Korea after a court issued an arrest warrant for him. However, Kwon insists that he is not “on the run.” Police Say...
Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to $23M in Stablecoins
17.9.2022
According to a recently leaked recording stemming from the bankrupt crypto lender Celsius, the business is attempting to revive the company after falling into a financial burden. Following the leak, a Southern District of New York bankruptcy judge appointed a third-party examiner to review...
Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules
17.9.2022
A Chinese intermediate court based in Beijing recently upheld a lower court’s ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulations issued by the Bank of China and others only prohibit the circulation of virtual currency....
Possession of Bitcoin still legal in China despite the ban, lawyer says
16.9.2022
Crypto holders in China are protected by the law in case of theft, misappropriation or breach of a loan agreement despite the ban on crypto
Celsius requests permission to sell off its stablecoins
16.9.2022
The crypto lending firm intends to get the liquidity and support its operations with the funds from the sell-off
Thailand Bans 'Depository Services', Chinese Court Says Investors Can Trade Crypto, Coinbase-BR Partnership + More News
15.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Thailand Bans 'Depository Services', Chinese Court Says Investors Can Trade Crypto, Coinbase-BR Partnership + More News
Craig Wright Tells Court He ‘Stomped on the Hard Drive’ Containing Satoshi Wallet Keys
15.9.2022
“Otherwise people will end up forcing me into doing something I don’t want to do,” the self-styled Bitcoin creator told a Norwegian court
S. Korean Court Issues Arrest Warrant Against Terra Co-Founder Do Kwon: Report
14.9.2022
The warrant has been issued against Kwon and five others, according to the report
BitGo sues Galaxy Digital for acquisition breach, seeks $100M in damages
13.9.2022
BitGo has accused Galaxy of “improper repudiation” and “intentional breach” of the merger in a lawsuit filed with Delaware Chancery Court
Accused 'shadow banker' Reggie Fowler seeks a 6-month sentencing delay
12.9.2022
The request quotes Fowler’s lawyer’s personal health issues and the necessity to obtain more material from Europe
Mt. Gox creditors fail to set repayment date, but markets to remain unaffected
7.9.2022
While a Bitcoin price dip may not be on the cards anytime soon, intriguing new details regarding the Mt. Gox saga have continued to emerge over the past week
Celsius co-founder declares his equity is ‘worthless’ in court
7.9.2022
It's unclear if the court declaration by Leon will have any bearing on the value of the shares still in circulation
Court hears Roche Freedman could create ‘a sideshow’ in the Tether class action
7.9.2022
Lawyer Kyle Roche previously withdrew as counsel on several crypto class-action lawsuits, including the Tether and Bitfinex Crypto Asset Litigation
Tether Asks Court to Remove Crypto Boutique Law Firm Roche Freedman From Class-Action Lawsuit
2.9.2022
Kyle Roche, an attorney and founding partner of the crypto boutique litigation firm Roche Freedman LLP, recently withdrew from a number of class-action lawsuits initiated by the law firm. The attorney’s withdrawal follows videos that circulated showing the lawyer discussing associations with...
Bankrupt Crypto Lender Celsius Seeks to Reopen Withdrawals for Specific Customers
2.9.2022
Celsius Network Ltd., the crypto lender that filed for Chapter 11 bankruptcy protection on July 13, is looking to release roughly $50 million worth of crypto assets to Celsius custody account holders. Reportedly, the Celsius custody accounts did not participate in the earn and borrow program....
CEL Rallies After Celsius Asks Court to Let it Return USD 50m+ in Crypto
2.9.2022
Developments emerging from the Celsius bankruptcy trial have sent the failed crypto lender’s CEL token soaring above the USD 1.50 mark, making the coin the day’s – and this week’s – best performer among the top 100 coins.
At 07:32 UTC, CEL is trading for around USD 1.53 and is up 33% in a day...
Crypto.com Accidentally Sent $7 Million to Customer — Sues 7 Months Later to Get It Back
2.9.2022
Cryptocurrency exchange Crypto.com accidentally transferred about $7.26 million to a customer’s account but did not notice the error for seven months. The crypto company has now sued the customer to recover the funds. Crypto.com Sues Customer 7 Months After Mistakenly Transferring over...
Celsius files to reopen withdrawals for a minority of customers
2.9.2022
Celsius has motioned for $50 million worth of the total $225 million held in the Custody Program and Withhold Accounts to be released to owners
Kyle Roche files to withdraw from class-action practice after video leak
1.9.2022
According to a series of court records released on Aug. 31, Roche is understood to be “no longer involved” in Roche Freedman’s class action practice
Tens of Celsius clients ask US court to recover $22.5M in crypto
1.9.2022
Suspension of withdrawals on Celsius custody contradicts the plain language of the firm's terms of use, a group of disgruntled creditors argued