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Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution
29.7.2023
The long-standing legal feud between FTX Trading and Genesis Global Holdco is taking a turn towards resolution. The two parties have reached an initial agreement, in principle, following bankruptcy protection disputes that have made industry headlines. An official letter to the bankruptcy judge...
Sam Bankman-Fried's legal team turns over docs related to NYT story, requests they be sealed
28.7.2023
Lawyers claimed there was a "need to avoid" the public dissemination of documents Sam Bankman-Fried had shown a New York Times reporter which led to a story on Caroline Ellison
Indian supreme court raps Union government on crypto rules delay: report
28.7.2023
The Supreme Court bench asked the union government to file a report on whether they are capable of setting up a federal agency to investigate crypto-related crimes
Sam Bankman-Fried Wants to Seal Caroline Ellison's Diary, Inner City Press Opposes
28.7.2023
FTX founder Sam Bankman-Fried has asked the court to seal the contents of the private diary of his sometimes girlfriend and ex-Alameda Research CEO Caroline Ellison
FTX, Genesis reach in-principle agreement to settle bankruptcy case
28.7.2023
FTX and Genesis lawyers have sent a letter to the bankruptcy judge regarding a settlement agreement
A ‘Two-Tiered Justice System’ — Public Reacts to DOJ Dropping Campaign Finance Charges Against FTX Co-Founder
27.7.2023
In a court filing released Wednesday, the U.S. Department of Justice dropped campaign finance charges against disgraced FTX co-founder Sam Bankman-Fried. Prosecutors said the charges were dropped in accordance with U.S. treaty obligations to the Bahamas. Sam Bankman-Fried Cleared of Campaign...
Singapore High Court Declares Cryptocurrency as Property that Can Be Held in Trust
27.7.2023
A recent ruling by Judge Philip Jeyaretnam of the High Court of Singapore surprised the crypto community, as the judge declared that digital currencies are not different than fiat money.
The ruling took place on July 25th, and the judge decided that crypto is a form of property eligible for trust...
Block.one ICO damages ‘far beyond’ $22M, ENF founder says
27.7.2023
Block.one owes much more to EOS investors than just $22 million after the $4 billion ICO, EOS Network Foundation CEO Yves La Rose believes
Sam Bankman-Fried to have campaign donation charge dropped: Prosecutors
27.7.2023
The FTX co-founder may be able to face one less charge relating to his alleged mismanagement of the cryptocurrency exchange
Judge warns Sam Bankman-Fried to ‘take it seriously’ as prosecutors push to revoke bail: Report
26.7.2023
Assistant U.S. Attorney Danielle Sassoon reportedly said SBF made roughly 100 calls to a reporter behind The New York Times story that revealed Caroline Ellison’s private journals
Judge suggests IRS issued $4K refund over tax lawsuit based on quality of lawyers: Report
26.7.2023
A couple who filed a lawsuit over how staked Tezos tokens were taxed has gone to appellate court after refusing to accept a refund check from the IRS
EOS Foundation to sue Block.one on failure to honor $1B commitment
26.7.2023
Potential plaintiffs in the new lawsuit by ENF may need to opt out of other suits against Block.one to be eligible to participate
Singapore High Court rules crypto personal property, compares it to fiat money
26.7.2023
Judge didn’t see any difference between crypto, fiat money or shells, as long as all those objects, physical or not, share value, created by mutual faith in it
Craig Wright Must Pay $516K to Pursue Case Against Kraken, Coinbase: UK Judge
26.7.2023
Wright claims he’s Bitcoin White Paper author Satoshi Nakamoto and holds intellectual property rights on numerous cryptocurrencies
Singapore High Court Declares Crypto as Property in Case Involving Bybit
26.7.2023
The ruling held that a crypto asset is a “thing in action” enforceable via court orders
Miami Heat’s Jimmy Butler seeks dismissal from Binance promo class suit
26.7.2023
Lawyers for the basketball star claim he did not mention any alleged securities but instead warned of celebrities promoting crypto investments
Ripple vs. SEC — Respite for a Beleaguered Industry
25.7.2023
On July 13, 2023, the U.S. District Court for the Southern District of New York (SDNY) finally issued an order in the infamous case brought by the Securities and Exchange Commission (SEC) against the payment settlement system and currency exchange, Ripple Labs, Inc. (Ripple). District Judge Analisa...
Sam Bankman-Fried's Family Under Scrutiny: Court Filings Reveal Alarming Behavior
25.7.2023
Recent court revelations surrounding Sam Bankman-Fried's family have exposed a web of deceit.
One such revelation concerned Samuel Bankman, Bankman-Fried's father, who has been using the $10 million gifted to him by his son, which was allegedly looted from FTX customers, to pay for his legal...
Today in Crypto: Binance Plans to Ask the Court to Dismiss a CFTC Lawsuit, Solana-based Exchange.art Set to Integrate with Ethereum, UK's Data Watchdog to Examine Worldcoin
25.7.2023
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: Today in Crypto: Binance Plans to Ask the Court to Dismiss a CFTC Lawsuit, Solana-based Exchange.art Set to Integrate with...
Crypto Industry Celebrates XRP Court Ruling, but Long Road Ahead for Regulatory Framework
25.7.2023
The cryptocurrency industry has been abuzz with excitement after a recent court ruling declared that Ripple's XRP token is not considered a security when sold on digital asset exchanges.
The ruling has generated positive sentiment across the crypto ecosystem, offering hope for clarity in...