As of Sunday, “approximately 117 parties, including various financial and strategic counterparties globally, have expressed interest to the debtors [FTX] in a potential purchase of one or more of the ...
Tag: Court
FTX units on auction block draw 117 interested buyers: Court filing
As many as 117 parties have expressed interest in buying up one or more of FTX’s independently operated subsidiaries including FTX Japan, FTX Europe, LedgerX and Embed, according to a court filing. Th...
Voyager tells court Binance acquisition plan is ‘sound business judgment,’ urgently needed
Bankrupt crypto brokerage Voyager Digital filed documents in a United States court on Jan. 8 in response to objections raised to the Binance.US proposal to buy out its debt. Voyager announced it had a...
Ripple Appeal Court to Oppose the SEC’s Motion to Seal
2 hours ago | 2 mins read Exchange News Ripple response in opposition to SEC Motion to seal. Ripple has urged the court to refuse the motion to seal since it is critical to the case’s fate. The lawsui...
Sources claim FTX investigation could exhaust the SDNY court
The criminal investigation into the fraud committed by the FTX exchange and its CEO Sam Bankman-Fried could be a lot more complex than lawmakers anticipated. Prosecutors in the U.S. District Court for...
A Court Filing on The Expenditure of FTX in Recent 9 Months
According to a document filed in the Delaware bankruptcy court, the Bahamian entity of FTX has spent almost $40 Million on hotels, food, and travel in recent 9 months. The lawyers pointed out in the c...
BlockFi management’s attorney tells court: no crypto has been withdrawn since October
Contrasting it to Celsius Network, a rival crypto lender in bankruptcy proceedings, BlockFi’s executives have not withdrawn any of their cryptocurrencies since October 2020. However, this was confirme...
CFTC files its own case against Mango Markets exploiter
The Commodity Futures Trading Commission is suing Avraham Eisenberg, aka Mango Avi, over alleged manipulation of swaps on Mango Markets, a decentralized exchange on the Solana blockchain. The n...
FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents – Bitcoin News
Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million in Robinhood shares, Delaware bankruptcy court documents show tens of millions were spen...
Court filings show FTX execs lavished over $40m on hotels
FTX bankruptcy documents filed in the Delaware bankruptcy court show the exchange’s disgraced founder, Sam Bankman-Fried and executives lavished over $40 million on luxury living and “crazy” expenses ...
Ripple v. SEC court case update as of January 9, 2023
Although there is no set date ruling for the high-profile case between blockchain firm Ripple and the Securities Exchange Commission (SEC), the matter is witnessing increasing attention from intereste...
FTX spent $40M on food, flights, and hotels in just 9 months: Court filings
FTX’s Bahamian company spent a staggering amount of money on luxury hotels and accommodation, flights, and food just nine months before the exchange’s collapse, court filings revealed. In bankruptcy ...
FTX Fraud Victims to Get a Website for Court Proceeding Communication & Federal Rights
US Government is planning to launch a website for FTX U.S victims to notify them regarding their court proceedings and federal rights. Lewis A Kaplan has been appointed as the District Judge for this ...
Proposed Draft Of Supreme Court Opinion On Andy Warhol’s Painting Of Prince
Andy Warhol Getty Images For the second time in two years, the Supreme Court has taken up the challenge of adding clarity to the “fair use” defense to a copyright infringement claim. The p...
New York court charges 2 crypto ponzi scheme promoters
On Friday, the United States Attorney for the Southern District of New York, Damian Williams, charged two more Forcount Ponzi scheme promoters. Forcount was a Brazil-based cryptocurrency scam that def...
3AC Founders Kyle Davies and Su Zhu Tagged in Tweet Delivering Court Subpoena
There’s been an interesting contrast between how chatty Three Arrows Capital co-founders Kyle Davies and Su Zhu’s have been on Twitter and how difficult they’ve otherwise been to reach, according to c...
Iranian Court Orders Release of Crypto Mining Machines Captured Years ago
An Iranian court ordered the release of crypto-mining machines which were seized by Iranian authorities in 2021 due to energy concerns. In late December, 2021, Iran’s total energy consumption increase...
‘See You in Court’: Logan Paul Threatens to Sue YouTuber Coffeezilla Over CryptoZoo Scam Claims
YouTuber Logan Paul is no stranger to crypto—or controversy. In a video published Tuesday, he vehemently denied most of the claims YouTuber Coffeezilla had made against his crypto game project, Crypto...
Chinese court says laws will not protect P2E game investments
The Shanghai Qingpu court in China declared that investments in cryptocurrency-powered play-to-earn (P2E) games are not legally protected. The judgement came after the plaintiff, Li Xiang 2021, inves...
South Carolina Supreme Court overturns state abortion ban
The South Carolina Supreme Court on Thursday overturned the state’s ban on abortion after around six weeks of pregnancy, ruling that the law violated the state’s constitutional right to pr...
Non-Party Asks Court to Redact Details of Declaration Supporting Plaintiff
Alex Dovbnya Investment Banker Declarant has requested that identification information related to himself, his coworkers and employer be redacted as disclosure could lead to safety risks Investment Ba...
US Court orders detention of Mango Markets exploiter over flight risk
A U.S. district court has ordered the detention of Mango Markets’ exploiter Avraham Eisenberg over concerns that he may flee before the trial is finished. Avraham Eisenberg was arrested on Dec. 27 fo...
US Bankruptcy Court Rules Celsius Deposits Belong to the Firm
– Advertisement – A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for C...
Iran court orders the release of seized crypto mining equipment
Iranian authorities seized numerous crypto mining equipment over the past two years, citing stress on energy grids during winter. Now, a court ordered the release of crypto-mining equipment that was p...
Bithumb’s Former Chairman Found Not Guilty by Seoul Court
When Terraform Labs and its associated tokens collapsed, Bithumb was one of the exchanges that were raided by the authorities in the search for evidence that could help the investigation. Bithumb’s fo...
The Bahamas lawyers up as the FTX case proceeds in US court and disagreements fester
The Bahamas will have legal representation in the unfolding FTX case. The Caribbean nation chose Brown Rudnick as counsel “in certain matters of engagement related to the collapse of FTX Digital Marke...
Sam Bankman-Fried‘s legal team warns of ‘harassment and threats’ to parents in latest court filing
The legal team behind former FTX chief executive officer Sam Bankman-Fried has petitioned a court to redact certain information on individuals acting as sureties for his $250-million bond, citing thre...
Manhattan Court Announces FTX Task Force Speed Up Recovery
On Tuesday, January 3, the Manhattan U.S. Attorney’s Office announced forming of an FTX Task Force which will dedicatedly focus on all investigations and charges faced by the company. The goal of the ...
Celsius court case update as of January 4, 2023
Customers of the collapsed cryptocurrency lending platform Celsius Network are still awaiting the outcome regarding receiving their funds as the company goes through bankruptcy proceedings. In early D...
Sam Bankman-Fried requests court keep his bond guarantors private
Sam Bankman-Fried, the founder of FTX, requested that the judge in his criminal trial maintain the identities of the two people who will assist in securing his bail a secret to shield them from public...