The U.S. Trustee has asked a Delaware bankruptcy court to appoint an examiner in the ongoing FTX bankruptcy case. In a Dec. 1 court filing, the U.S. Trustee cited a “virtually unprecedente...
Tag: Court
Supreme Court Will Hear Arguments On Biden’s Stalled Student Loan Forgiveness Plan
Topline The Supreme Court will hear oral arguments in a case challenging President Joe Biden’s student loan forgiveness plan, the court announced Thursday, which means a final decision on the program’...
Court orders crypto fraudster ‘Coin Signals’ to pay $2.8 million after CFTC suit
The U. S. District Court for the Southern District of New York ordered a crypto fraudster “Coin Signals” to pay $2.8 million in restitution to victims of a fraudulent scheme. The ord...
Telegram shared private data after court order in India
In a Twitter thread, Telegram founder Paul Durov criticized the prevalence of centralization in the crypto industry. He went further to increase the calls for decentralization and revealed that he is ...
Trading platform INX files purchase bid for Voyager Digital’s assets with US Bankruptcy Court
The broker-dealer and inter-dealer broker, INX in a sealed bid, expressed his intentions to purchase the voyager’s assets for an undisclosed amount. Reasons for INX’s decision Voyager Digital is one ...
Bankruptcy court told FTX and Alameda they owe BlockFi $1B
Court confirms that FTX and Alameda owe BlockFi $1 billion after chapter 11 bankruptcy protection filing. While BlockFi has attempted to separate itself from FTX and Alameda during its bankruptcy proc...
Appeals Court Rules Against Biden’s Student Loan Forgiveness Plan—Likely Sending Second Case To Supreme Court
Topline A federal appeals court ruled against the Biden Administration’s student loan forgiveness plan Wednesday, siding with a lower court that struck down the policy, ensuring the program will remai...
FTX, Alameda Owe BlockFi More Than $1 Billion: Court Hearing
During the first day hearing for BlockFi’s bankruptcy proceedings, the company revealed that FTX and Alameda Research owe it more than $1 billion—$671 million on a now-defaulted loan to Alameda and $3...
Bankruptcy court told FTX and Alameda owe BlockFi $1B… but it’s complicated
A lawyer for BlockFi told the first day hearing of its bankruptcy proceedings that the crypto lender has $355 million stuck on FTX and that the collapsed exchange’s sister company Alameda Research has...
BlockFi has $355 million in digital assets ‘frozen’ on FTX
Troubled crypto lender BlockFi has $355 million in digital assets frozen on FTX’s platform, the company said in court. BlockFi attorney Joshua Sussberg also shared new details about how closely ...
Bankruptcy of crypto exchange FTX in court
The US House Financial Services Committee has announced that it will hold the hearing to investigate the events and timeline related to the collapse of crypto exchange FTX. On 28 November, House Finan...
BlockFi Takes FTX’s SBF to Court Over Robinhood Shares
Alex Dovbnya The collateral was used to guarantee to the failed crypto lender the loan to FTX that was used to bail out BlockFi itself Bankrupt cryptocurrency lender BlockFi has taken legal action aga...
Delaware court approves temporary redaction of FTX user data – crypto.news
A Delawarean court Judge ruled that FTX creditors’ information remains clandestine according to the company’s policy. This decision was made during the FTX case hearing on Tuesday. FTX to redact clien...
Important Court Dates Coming, Here’s What to Know
On Oct. 21, Ripple announced to the joy of its community that it finally had the long-demanded Hinman documents. William Hinman, a former SEC employee, declared Ethereum not to be a security in a 2018...
FTX gets court first day motion – crypto.news
Close to two weeks after the FTX crypto exchange collapsed and filed for chapter 11 bankruptcy, the exchange finally got its first-day court motion on Tuesday the 22nd of November. The hearing was hel...
FTX asks court to let BitGo safeguard its assets during bankruptcy
FTX notified a federal judge that it wants BitGo to safeguard its remaining digital assets as bankruptcy proceedings play out. A custodial services agreement with BitGo was signed Nov. 13, appro...
U.S Court Set Deadline For Celsius Users and Customers To File Proofs of Claims
Celsius was among the top five crypto lenders globally that filed for bankruptcy in July. The next hearing of the Celsius case will be in the first week of December 2023. Celsius Network filed its b...
FTX Run by ‘Inexperienced, Unsophisticated’ Traders, Court Hears
Lawyers managing the FTX bankruptcy likened the firm to a “personal fiefdom” of former CEO Sam Bankman-Fried in Delaware court on Tuesday. In the first hearing of what’s set to be a sprawling case, la...
Appeals Court Appears Likely To Side With DOJ And Shut Down Trump Review
Topline A panel of appeals court judges signaled Tuesday they’re likely to end a special master’s review of documents the Justice Department seized from former President Donald Trump’s Mar-A-Lago esta...
Bahamas Court Orders FTX To Pay Remuneration Fees to Regulators
50 mins ago | 2 mins read Exchange News On November 12th, the Supreme Court ruled that FTX’s digital assets monitored by regulator. Fifty of the exchange’s largest debtors are owed a total of $3 billi...
Supreme Court to hear Jack Daniel’s trademark case against dog toy company
Jack Daniel’s, Tennessee whisky. Newscast | Universal Images Group | Getty Images The Supreme Court has agreed to take up a trademark case centered around a squeaky dog toy that’s “4...
FTX Co-Founder Sam Bankman-Fried Faces US Extradition, Bankruptcy Court Says Top Execs Won’t Be Compensated – Bitcoin News
According to a report citing three people familiar with the matter, the former FTX CEO Sam Bankman-Fried (SBF) may be extradited to the United States for questioning. After it was alleged that SBF tra...
Bankman-Fried, Golden State Warriors hit by lawsuit over FTX’s alleged false advertising
A new lawsuit looks to represent FTX’s international users using California’s laws against false advertising. In a case filed in a district court in San Francisco, Canadian citizen ...
U.S.-listed Eqonex latest crypto firm to seek court protection after cash crunch
Nasdaq-listed Eqonex Group has filed for judicial management with the Singapore high court after failing to plug a short-term funding gap, the firm said in a statement to shareholders. The cour...
Bahamas Supreme Court Orders FTX To Pay For Regulatory Action
The Securities Commission of The Bahamas has secured an order from the Supreme Court to receive reimbursements for expenses incurred for regulatory action in connection with FTX Digital Markets. The S...
Court filing shows that FTX owes top 50 creditors $3.1 billion – crypto.news
According to circulating reports, FTX owes close to $3.1 billion to only its top 50 creditors. This information is courtesy of FTX’s recent bankruptcy court filings. While the bankruptcy proceedings a...
Bankruptcy Court Sets Deadline for Celsius Users to File Claims
The US Bankruptcy Court of the Southern District of New York approved crypto lender Celsius’ motion for a deadline for customers to file a claim. January 3rd, 2023, has been set as the last date for c...
Investors drag Nexo to court over account issues
Nexo has been dragged to court by a family of investors over the platform’s failure to sanction their withdrawals. According to reports, the group of Fintech entrepreneurs claimed that the firm blocke...
Collapsed Celsius Sets January 3 as Deadline for Filing Claims Following Court Ruling ⋆ ZyCrypto
Advertisement     The bankrupt crypto lender filed for Chapter 11 bankruptcy protection in July. Interim reports show insufficient accounting controls caused the liqui...