Bankrupt crypto exchange Celcius sees a new deadline for submitting its restructuring plan. The court ordered the company to present it by February 15. On Monday, Celsius announced the new development...
Tag: Court
Court in China Recognizes NFTs as Virtual Property Protected by Law – Regulation Bitcoin News
A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a...
Insolvent Crypto Lender ‘Celsius’ Granted Extension by Court
10 seconds ago | 2 mins read Defi News Celsius has a few more months to submit a Chapter 11 reorganization plan. The crypto lending firm had declared bankruptcy on July 13. The exclusivity period for ...
Judge signs off on subpoenas to 3AC’s Su Zhu and Kyle Davies
A federal bankruptcy judge approved subpoenas for the founders of Three Arrows Capital, a Singapore-based crypto hedge fund that went belly up earlier this year. The subpoenas call on the 3AC f...
Celsius Network Secured Court Approval to Remunerate its Employees
14 seconds ago | 2 mins read Exchange News Non-executive employees may get rewards from Celsius Network. U.S. Court approved Celsius’s request to withhold the proceedings until February 15, 2023. The ...
Court sets new deadline for Celsius restructuring plan
Bankrupt crypto lender Celsius was granted an extension on its exclusivity period until Feb. 15, 2023. The court approval gives the troubled crypto lender another couple of months to file for a Chapte...
Ripple v. SEC court case update as of December 6, 2022
Apart from the recent crypto market happenings, such as high-profile bankruptcy filings and the subsequent market downturn, a section of the industry focus has been on the ongoing case pitting Ripple ...
Chinese Hangzhou Court calls for NFT regulation
China’s Hangzhou Court claimed that NFTs carry characteristics of property rights like value, scarcity, disposability, and readability, and therefore should be protected by the law. The Hangzhou Inter...
Chinese Court Applies Property Law to NFTs
While China is seemingly encouraging the ownership of NFTs, NFT prices have been down in the wake of a wider market rout. A Chinese court in Hangzhou city has applied its property law to nonfungible t...
Ripple Makes its Final Submission in Court, XRP vs SEC Lawsuit Nears Its End
The US Securities and Exchange Commission and Ripple Labs are in the final stages of their legal dispute over cryptocurrencies. In response to the SEC’s opposition to the request for summary judgment,...
US Federal Court Is Viewing Bitcoin As A Commodity Rather Than A Crypto Asset
Although bitcoin is a cryptocurrency, most of the crypto regulators consider bitcoin as a commodity. Bitcoin and Ethereum showed a growth rate in this week’s crypto market. Dogecoin recovered 70% in t...
Chinese Court Says NFTs Should Be Protected By Property Laws
A Chinese court has found that NFTs share characteristics of property such as value, scarcity, disposability, and tradability. It states that NFTs and digital collectibles should have the same protect...
Chinese court says NFTs are virtual property protected by law
A Chinese court in the city of Hangzhou has said nonfungible token (NFT) collections are online virtual property that should be protected under Chinese law. A Nov. 29 article posted by the Hangzhou I...
Singapore Court Request 3AC Founders to Provide Key Documents
During a virtual hearing for the Southern District of New York Bankruptcy Court on December 02, 2022, Judge Martin Glenn stated that the liquidators for 3AC (Three Arrows Capital) will have to present...
Court Rules Man Shouldn’t Be Fired for Not Being ‘Fun’ at Work
Not having to make small talk at one’s desk or go to “happy hours” when you just want to get home is a major reason more and more people are opting for remote work. Recent surveys fo...
Ripple Says SEC Failed To Show XRP Sales Are Investment Contracts, Asks Court To Grant Summary Judgment Motion
Ripple Labs says that the U.S. Securities and Exchange Commission (SEC) hasn’t been able to prove that the firm’s XRP sales were investment contracts in the regulator’s lawsuit against it. The SEC sue...
Court Cases, Diversity And Strong Female Roles
Park Eun-bin questions a witness in ‘Extraordinary Attorney Woo.’ Netflix A dizzying array of Korean dramas were released in 2022 but despite the variety of genres and formats, some trends...
Snowfall Protocol continues its impressive run! Synthetix Is down again and Ripple remains stuck in court case!
It looks like Snowfall Protocol (SNW) has continued to make strides in the blockchain space, and it doesn’t seem to be slowing down anytime soon. The latest news on the platform is that Synthetix (SNX...
S. Korean court rejects arrest warrant for Terra co-founder Shin
Some in the crypto community argue that the crash of Terra LUNA and UST opened up crypto for a fall. They are not wrong. Since the collapse of Terra, the crypto community has been on a downward spiral...
Snowfall Protocol And ChainLink Bringing Change To The Blockchain Industry! Ripple Remains Stuck In Court Battle!
Snowfall Protocol and ChainLink are two major players in the blockchain industry pushing for change. Snowfall Protocol (SNW) is a cross-chain bridge that enables users to swap assets between different...
South Korean Court Dismisses Terra Co-founder’s Arrest Warrant
9 seconds ago | 2 mins read Altcoin News The Court rejected the prosecutors’ arrest warrant of Terra officials including co-founder Daniel Shin. The court opted to reject the arrest order of people wh...
Terra Do Kwon, LUNC Community Reacts To Court Rejecting Arrest Warrants
A South Korean court rejected arrest warrants against Terraform Labs’ co-founder Daniel Shin and seven others requested by prosecutors investigating the Terra-LUNA crisis. The judge ruled a lack of pr...
How NFT court summons could change the legal landscape
RBB Lab, a technology development firm based in the Republic of San Marino, has utilized nonfungible token (NFT) technology to issue a court summons to a former employee and a contractor. RBB Lab CEO ...
Ripple Makes Its Final Submission Asking For A Court Ruling In Its Favor Against SEC
– Advertisement – Ripple has made its final submission in its legal battle with the SEC, asking for a ruling in favor of its motion for summary judgment. Ripple has filed a redacted resp...
Co-founder of Terraform Labs, Daniel Shin arraigned in court
One of the co-founders of Terraform, David Shin, an online cryptocurrency trading platform, has been arrested and is facing criminal charges. Arrest Details Daniel Shin is accused of using insider in...
Biden Asks Supreme Court To Intervene In Second Lawsuit — Here’s When A Decision Could Come
Topline The Biden Administration asked the Supreme Court Friday to take up a second case challenging the White House’s student loan forgiveness policy—a move that won’t result in student debt relief b...
Terra-Luna Cofounder Attends Court Hearing as He Faces Arrest
Alex Dovbnya South Korean prosecutors could win court approval to arrest one of co-founders of Terraform Labs South Korean prosecutors could gain court approval to arrest Daniel Shin, co-founder of Te...
Singapore Court Orders Three Arrows To Submit Vital Documents
Defi News Court has demanded affidavits from Three Arrows Capital and its co-founders. The affidavits’ contents may be crucial to liquidators as they try to track down assets. Su Zhu and Kyle Davies, ...
Seoul court rejects prosecution’s move to detain Terraform Labs execs: Yonhap
The Seoul Southern District Court has dismissed the prosecutors’ warrants for arrest of several leading figures in Terraform Labs, according to South Korean news outlet Yonhap. Prosecutor...
Three Arrows Founders Have One Week to Provide Key Financial Documents: Singapore Court
The co-founders of defunct crypto hedge fund Three Arrows Capital, Su Zhu and Kyle Davies, reemerged recently on Twitter and in media interviews with no shortage of opinions about the collapse of Sam ...
Appeals Court Shuts Down Special Master Review Of Mar-A-Lago Documents
Topline A federal appeals court has cut short a special master’s review of White House documents the Department of Justice seized at former President Donald Trump’s Mar-A-Lago estate, siding Thursday ...
LBRY requests briefing schedule in court case with US SEC
The LBRY open source project has written to the US District Court in New Hampshire to seek a briefing schedule so the court can make a decision in its ongoing case with the US Securities and Exchange ...