Quick Take Bitcoin remains uncorrelated to European stock markers as turmoil spreads to Europe from the U.S. Bitcoin has a -0.21 correlation with the FTSE 100. Bitcoin has a -0.71 correlation with the...
Tag: independent
Uber And Lyft Can Treat Drivers As Independent Contractors, California Court Rule
Topline Companies like Uber and Lyft can continue to treat their California-based drivers as independent contractors, a state appeals court ruled on Monday, mostly upholding a ballot measure called Pr...
Independent Expert Commission Needed To Probe “Deadly Mistakes” Made By Government During Covid-19 Crisis
The Covid-19 crisis and the too-often catastrophic mistakes made in response to it need a thorough examination so we can learn the right lessons and begin the process of restoring trust in our public ...
America is more energy independent than ever
A recent Citibank research note got my attention. “Total gross crude and other liquid exports hit a record of 11.128 million barrels per day, more than the total output of either Russia or Saudi Arabi...
US trustee appeals FTX bankruptcy judge’s ruling to deny appointment of independent examiner
Lawyers for Andrew Vara, the United States Trustee representing the interests of the Department of Justice in crypto exchange FTX’s bankruptcy proceedings, has filed an appeal against a federal judge’...
‘Pachinko’ Wins 2023 Independent Spirit Award For Best Ensemble
The story of Pachinko follows Sunja, a poor girl born in Korea, and the family she creates. Apple TV The first season of Pachinko, Apple TV’s Korean language drama was nominated for two awards at the ...
Justice Department Pushes for Independent Investigation of FTX Collapse
The U.S. Trustee in FTX’s bankruptcy case pushed back against a recent court order by Judge John Dorsey Monday, filing an appeal against the judge’s decision not to appoint an independent examiner to ...
FTX Investigations are Plenty, No Need for Independent Examiner, Judge Rules
An FTX bankruptcy judge has denied a motion to appoint an independent examiner. Judge John Dorsey said it would be unnecessary in comparison to other ongoing inquiries by law enforcement and FTX’s new...
FTX Bankruptcy Judge Agrees Independent Examiner Would Mean More Risk
Appointing an independent examiner in the FTX bankruptcy proceedings “would create an increased risk of further loss through inadvertent disclosures or hacking,” Judge John Dorsery said in a hearing o...
FTX bankruptcy judge denies US trustee’s motion to appoint independent examiner
Judge John Dorsey of the United States Bankruptcy Court for the District of Delaware has denied a motion appointing an independent examiner for FTX. In a Feb. 15 hearing, Judge Dorsey said he had some...
FTX Bankruptcy Judge Denies US Trustee’s Request for Independent Examiner – Bitcoin News
The judge presiding over the FTX bankruptcy case has denied the U.S. Trustee’s request to appoint an independent examiner for the ongoing proceedings. The decision comes after judge John Dorsey postpo...
Independent Group Mandates Celsius to Publish Reorganization Plan
Celsians have issued an ultimatum to Celsius to publish a reorganization plan. Celsius’ new CEO has filed a declaration under oath over restructuring activities. Customers lose trust in Celsius, doubt...
South Korea Imposes Independent Sanctions on North Korea For Cryptocurrency Thefts
Join Our Telegram channel to stay up to date on breaking news coverage What – South Korea and the US have partnered to combat ransomware threats, resulting in sanctions against several individuals and...
South Korea sets independent sanctions for crypto theft against North Korea
South Korea announced its first independent sanctions related to cryptocurrency thefts and cyberattacks against specific North Korean groups and individuals. According to Seoul’s Ministry of Foreign A...
Judge Delays Decision on Appointing Independent Examiner Amid Cost Concerns – Bitcoin News
Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey acknowledged that the cost to debtors could reach tens of millio...
Independent FTX Examiner Could Cost Crypto Exchange $100M, Court Told
“We do not have enough money to pay back all of our creditors and the U.S. Trustee … says that we should spend tens or even hundreds of millions of dollars” on a report, said James Bromley of FTX’s la...
FTX Bankruptcy Lawyers Say Independent Examiner Would Put Assets at Risk
The judge overseeing the FTX bankruptcy proceeding still hasn’t decided whether he will appoint an independent examiner after a 4-hour hearing that included testimony from FTX CEO John Ray III. ...
US DoJ calls for independent fraud investigator for FTX
The U.S. Department of Justice (DoJ) has called for U.S. Bankruptcy Judge John Dorsey to appoint a separate, independent third-party examiner to investigate FTX’s bankruptcy further. US DoJ calls for...
FTX Judge Considers The Approval To Independent Bankruptcy Investigation
The contagion of the FTX collapse is still ongoing despite its already significant impact on the industry. In today’s news, a U.S. bankruptcy judge is looking to consider the approval of an independen...
State officials support push for independent examiner in FTX bankruptcy
Officials from more than a dozen states want a federal bankruptcy judge to appoint a third-party examiner of FTX’s finances, citing the need for more transparency about the collapsed crypto exch...
Celsius Used New Customer Funds to Pay for Withdrawals: Independent Examiner
“In every key respect – from how Celsius described its contract with its customers to the risks it took with their crypto assets – how Celsius ran its business differed significantly from what Celsius...
Celsius’ Independent Examiner Reveals Astonishing Facts About Internal Discrepancies
Celsius abandoned its promise of transparency from its start, according to former prosecutor Shoba Pillay who was appointed as an independent examiner by United States Bankruptcy Judge Martin Glenn. I...
Independent examiner finds Celsius ticks every Ponzi box
An independent investigation has determined that now-bankrupt crypto lender Celsius Network was a Ponzi scheme by using client funds to buy up its native token and inflate price. Since September, form...
FTX Lawyers Says the Appointment of an Independent Examiner Could Cost $100 Million
The ongoing investigation over the collapsed crypto exchange, FTX, seems expensive. As the firm’s lawyers, joint provisional liquidators, the Bahamas and a committee of creditors opposed the appointme...
FTX lawyers claim independent examiner could bag $100m in vain
Lawyers representing FTX have claimed that an outsourced examiner would cost the company more than $100 million without benefiting equity holders or creditors. The Jan. 25 objection argument comes aft...
FTX Lawyers Object to the Formation of an Independent Examiner Citing Unwarranted Cost
The FTX bankruptcy case has attracted the attention of U.S. lawmakers, several states, and regulatory agencies. In the latest update, FTX debtors, the creditors committee, and the Bahamas Team (JPL) f...
Mars Hub Launches Independent Cosmos Application Chain
Mars Hub, the original Terra lending system, made an announcement on January 31 about the launch of its separate Cosmos application chain. This announcement was accompanied by the distribution of MARS...
Genesis’ bankruptcy filing was decided by independent committee, according to DCG
In a Jan. 20 statement, Genesis Capital’s parent company, Digital Currency Group (DCG), denied involvement in Genesis’ bankruptcy filing. According to DCG, a special committee of independent directors...
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...
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...
Huobi Korea to become an independent entity, breaking ties with Huobi Global
The Huobi South Korean subsidiary, Huobi Korea, is set to operate as an individual entity after cutting its ties with Huobi Global, according to a report from Korean news outlet News1. Leon Lin, the ...