Compass Mining will spend the next few weeks navigating out of cold waters after investors have dragged the company to court over fraud claims. According to the filing, the investors allege that the c...
Tag: Court
Crypto Firm Vauld Gets Creditor Protection From Singapore Court
The crypto space witnessed the bankruptcy of some firms due to the prevailing bearish trend in 2022. Without much warning, the crypto winter swept off lots of funds as the value of most crypto assets ...
Court Docs Reveal FTX Allowed Alameda to Borrow $65,000,000,000 for Trading, Made Firm Exempt From Liquidation
Newly released court documents reveal a “$65 billion back door” that FTX had set up for Alameda, the now-defunct crypto exchange’s trading arm. A case docket with a deck detailing FTX’s assets and lia...
As Premier League Clubs Court Lindstrom, 22, He Wants To “Make History” For Club And Country
In 2022, Jesper Lindstrom, a 22-year-old attacking midfielder, won the Europa League with Eintracht. He also scored Frankfurt’s first ever Champions League goal and played for Denmark at the 2022 FIFA...
Court Orders Audit of ConsenSys AG – Trustnodes
There’s an internal battle going on within ConsenSys, ethereum’s biggest development studio, concerning the transfer of the Zug based ConsenSys AG assets to the Delaware incorporated ConsenSys Softwar...
Court Grants Vauld Creditor Protection Until February 28
Crypto lender Vauld gets creditor protection extension till February 28. The extension is comparatively less than the requested April 21. Singapore court provided the extension to Vauld at a hearing t...
FTX debtors identify $5.5 billion of liquid assets in ’Herculean effort’
Beleaguered crypto exchange FTX identified $5.5 billion in liquid assets in what CEO John Ray called a “Herculean effort” to assess the firm’s financial situation. FTX debtors have identified $1...
Latest Version Of ‘Night Court’ is A ‘New-Boot,’ Combining A Contemporary Judge Working Alongside Original Series Character Dan Fielding
NIGHT COURT — “Pilot” Episode 101 — Pictured: (l-r) Melissa Rauch as Abby Stone, John Larroquette as … [+] Dan Fielding — (Photo by: Jordin Althaus/NBC/Warner Bros. Television) Jordi...
U.K. Court Sentences Four for £21m Crypto Fraud
A U.K. court has sentenced four men to 15 years in prison for illicitly obtaining £21 million ($25 million) worth of digital assets through an Australian cryptocurrency exchange. Preston Crown Court b...
Lewis Kaplan Will Be the Judge to Oversee FTX Court Case
Judge Lewis A. Kaplan, a Manhattan federal judge, will oversee the trial of Sam Bankman-Fried. SBF is presently facing several charges in connection with the collapse of FTX. It is alleged that Bankma...
Bithumb ordered to pay outage damages to investors by South Korean court
The ongoing saga of the South Korean cryptocurrency exchange Bithumb continues, this time with ruling from local courts. On Jan. 13 the South Korean Supreme Court finalized its ruling that the exchang...
Ripple v. SEC court case update as of January 16, 2023
The lawsuit between the Securities and Exchange Commission (SEC) and blockchain firm Ripple looks set to be nearing its final stages, with both parties filing motions that will likely influence the ov...
Korean Court Orders Crypto Exchange to Pay Customers Suffering From Service Outage – Regulation Bitcoin News
South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages to more than a hundred customers who filed a lawsuit claiming they suffered...
Court rejects Elon Musk’s request to move Tesla shareholder trial out of San Francisco
A federal judge has denied Elon Musk’s request to move his upcoming trial against a group of Tesla shareholders to Texas, according to Bloomberg (via The Verge). On January 7th, less than two weeks be...
Ripple Vs SEC Update: SEC Requests Federal Court to Exclude Ripple Experts’ Testimonies
The Securities and Exchange Commission (SEC) has requested that the court exclude the expert opinions of Professor Alan Schwartz, Peter Adriaens, Allen Ferrell, Borden, Easton, Yadav, Fischel, Marais,...
Ripple Wants Court to Exclude One of SEC Expert Testimony
– Advertisement – Ripple files a motion to exclude the expert testimony of one of SEC’s experts. Prominent blockchain company Ripple has filed a redacted motion to exclude the testimony an...
Court Allows FTX To Sell Jap, European Subsidiaries
FTX News: As per the latest Bankruptcy ruling, FTX has been granted permission to sell all four key units including its derivatives arm and stock clearing firm Embed, along with FTX Japanese and Europ...
Bankruptcy Court Allows FTX To Sell Key Subsidiaries and Assets
10 hours ago | 2 mins read Exchange News Judge John Dorsey has authorized the sale of four key subsidiaries of FTX. This week, 117 potential buyers showed interest in acquiring the FTX assets. The ban...
Bankruptcy Court Approves FTX’s Plan to Sell Ledger X
Judge John Dorsey has allowed the sale of four necessary units of failed crypto exchange FTX, as stated in a petition in the Delaware Bankruptcy Court. LedgerX, a derivatives trading platform, and Emb...
Sam Bankman-Fried Blogs Like a Crypto Robin Hood, but in Court He’s Not So Charitable
Sam Bankman-Fried’s surprise Substack post Thursday included these charitable lines: “Nearly all of my assets were and still are utilizable to backstop FTX customers,” he wrote. “I have, for instance,...
Deaton in His 2023 Predictions Says No Ripple Settlement Till After Court Ruling
– Advertisement – Deaton reiterates that he expects the SEC case against Ripple to make it to summary judgment. Attorney John Deaton has asserted that there will be no settlement in the US...
Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena – Exchanges Bitcoin News
A federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball stadium. The sports venue was branded FTX Arena as part of a multi-year, multi-million doll...
Nevada Supreme Court Upholds The Right To Sue The Government, Blocks Qualified Immunity
In a landmark decision late last month, the Nevada Supreme Court unanimously ruled that victims of wrongful searches and seizures have the right to sue the responsible government officials. Just as cr...
Despite SEC Objection, Court Greenlights Billion-Dollar Asset Purchase Deal Between Binance US and Voyager – Regulation Bitcoin News
The asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital has reportedly received initial court approval despite objections from various regulators, including the U.S....
Four US lawmakers ask court to appoint independent examiner for FTX
Four US Senators urged the court to appoint an independent examiner to look into the activities of bankrupt crypto exchange FTX in a Jan. 9 bipartisan letter. The lawmakers argued that the firm presen...
Supreme Court Keeps New York’s Updated Gun Control Law In Effect—At Least For Now
Topline The Supreme Court left New York’s updated concealed carry law, which prohibits firearms from being carried in “sensitive locations,” in effect on Wednesday as legal challenges against it move ...
BlockFi Seeks the Court Remain Their Personal Data Confidential
2 hours ago | 2 mins read Exchange News BlockFi creditors have asked that their details be kept private. BlockFi shares concerns about identity theft and becoming a target for hackers. BlockFi, an onl...
US lawmakers call on court to approve ‘independent examiner’ in FTX bankruptcy case
A bipartisan group of four United States senators has criticized one of the law firms involved in the bankruptcy case of crypto exchange FTX for conflicts of interest. In a Jan. 9 letter to Judge John...
FTX’s Next Hearing Scheduled in Delaware Bankruptcy Court
Sam Bankman-Fried confronts criminal accusations from the U.S. Department of Justice. Tom Brady’s New England Patriots and Coinbase are among the significant stockholders in FTX. The next FTX bankrupt...
Binance.US-Voyager deal gets green light from bankruptcy court
The bankruptcy court has approved Binance.US’ acquisition of Voyager’s assets The court has also overruled the SEC’s and multiple states’ objections to the deal Bankrupt crypto lender, Voyager has rec...