Terraform Labs and its founder, Do Kwon, are in the sights of the United States Securities and Exchange Commission (SEC), which has sparked various reactions from lawyers within the crypto community. ...
Tag: Lawyers
Proud Boys’ Lawyers Plan To Subpoena Donald Trump In Sedition Trial, Reports Say
Topline Lawyers representing members of the Proud Boys—a far-right group accused of leading the charge on the Capitol on January 6 in an attempt to stop the transfer of power to Joe Biden—plan to subp...
Are stablecoins securities? Well, it’s not so simple, say lawyers
Recently reported planned enforcement action against the Paxos Trust Company by the United States Securities and Exchange Commission (SEC) over Binance USD (BUSD) has many in the community questioning...
Trump Lawyers Turned Over More Classified Materials And A Laptop To DOJ, Reports Say
Topline Former President Donald Trump’s attorneys turned over a tranche of documents marked classified and a laptop to the Justice Department in December and January, after FBI agents searched Trump’s...
FTX Lawyers Can Now Subpoena Sam Bankman-Fried’s Group of ‘Insiders’
A judge granted FTX’s legal team permission to subpoena FTX co-founders Sam Bankman-Fried and Gary Wang, ex-Alameda Research CEO Caroline Ellison, Bankman-Fried’s parents, and his brother Gabriel, acc...
Lawyers Challenge SEC’s Attempt at Labelling 9 Tokens as Securities
As the Securities and Exchange Commission (SEC) continues vying for regulatory presence over the crypto market, a high-profile industry lawsuit looks poised to answer more questions about how far its ...
SBF lawyers file last-minute petition to hide his guarantors’ identities
Sam Bankman-Fried’s lawyers have swum in action to stop the court from disclosing the identity of the two individuals who signed his bail alongside his parents. SBF’s guarantors will remain unknown Th...
Sam Bankman-Fried’s Lawyers Reach Agreement with Federal Prosecutors
The attorneys for Sam Bankman-Fried have struck a settlement with the federal prosecutors who are investigating his usage of chat applications. SBF “must not utilise any encrypted or ephemeral c...
Sam Bankman-Fried lawyers reach agreement on use of messaging apps
Sam Bankman-Fried’s lawyers have reached an agreement with federal prosecutors concerning his use of messaging apps. According to a Feb. 6 court document, both parties have agreed SBF “shall not use a...
SBF lawyers reach agreement on messaging apps usage
Sam Bankman-Fried’s (SBF) attorney Mark Cohen said an agreement had been reached with prosecutors to allow the arrested FTX founder to use some messaging applications — excluding Signal. U.S. pr...
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. ...
UCC Lawyers Refute Claims Of Leaked Bids for Celsius Crypto Assets
A recent Twitter Space named “town hall” saw lawyers from White & Case LLP, Gregory Pesce, and Aaron Colodny, refute claims that the bids for Celsius’ crypto assets were mostly abandoned. To pro...
FTX lawyers to reap millions from the bankruptcy case: Report
According to a new report, the controversial law firm Sullivan & Cromwell is on track to reap a fortune from its work on the FTX cryptocurrency exchange’s bankruptcy case. Sullivan & Cromwell’...
FTX lawyers to make millions from bankruptcy case
FTX’s legal team is poised to reap millions from the ongoing FTX bankruptcy case. With the trial set to take place in October 2023, the team has under eight months to sort out the issue. The process i...
FTX Lawyers Attempt to Question Bankman-Fried’s Family and Inner Circle for Financial Insight – Bitcoin News
According to court documents in the FTX bankruptcy case, the company’s attorneys seek to subpoena FTX co-founder Sam Bankman-Fried, his brother Gabriel Bankman-Fried, and his parents, Joseph Bankman a...
FTX Lawyers May Interrogate Bankman-Fried Family
6 hours ago | 2 mins read Exchange News Bankman-Fried family will probably be answering the FTX lawyers. Chicago mayor candidate got a $200,000 campaign donation from SBF. The crypto communities keenl...
FTX Lawyers Eye Bankman-Fried’s Family
FTX’s bankruptcy lawyers have asked Judge John Dorsey for permission to subpoena family members of Sam Bankman-Fried to testify under oath regarding any financial benefits accrued from FTX’s business....
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...
Crypto lawyers to be in demand as regulatory pressure reaches boiling point
Crypto-versed lawyers will play an increasingly important role in Web3 firms — particularly as the industry braces for regulatory turbulence following the implosion of FTX, two legal academics believe...
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...
Genesis Bankruptcy Lawyers Expect Rapid Exit After First Hearing
Speaking at the company’s first bankruptcy hearing, Genesis Holdco LLC‘s lawyer Sean O’Neal said the crypto lender can exit bankruptcy by the second week of May 2023. On Jan. 24, 2023, O’Neal said he ...
Genesis Lawyers Hopeful Of Swift Resolution In Bankruptcy Process
Join Our Telegram channel to stay up to date on breaking news coverage Genesis Global Capital has been the latest casualty of the effects of the crypto bear market. The crypto lender recently filed fo...
How Transformative Will Generative AI And Other Tools Be For The Legal Industry?
Lady justice on digital background (Concept of artificial intelligence lawyer) getty As the legal industry continues to evolve at a rapid pace, it’s becoming increasingly clear that generative A...
Lawyers assert that Sam Bankman-Fried faced a security threat at his parents’ house
Join Our Telegram channel to stay up to date on breaking news coverage This week, the collapse of FTX allegedly took a hazardous turn when Sam Bankman-Fried‘s counsel asserted that a motorist rammed a...
Sam Bankman-Fried Faced Security Threat at Parents’ Home, Lawyers Claim
The collapse of FTX took an allegedly dangerous turn this week, as attorneys for founder Sam Bankman-Fried claimed that a driver crashed a car into the barricade at his parents’ home—and that th...
Lawyers Speak on Motions Dealing With Potential conflicts
One of the attorneys defending debtors in FTX’s bankruptcy case, James Bromley, has denounced social media behaviour against his law practise that was fanned by tweets from FTX’s former ch...
FTX Judge Throws Out FTX Lawyers’ Conflict of Interest Case
A Delaware judge presiding over the FTX bankruptcy case ruled today that attorneys Sullivan & Cromwell can represent FTX in its ongoing bankruptcy case. Judge John Dorsey overruled a claim lodged ...
Musk Risks Losing Tesla Fraud Trial If He Takes Lawyers’ Bait
(Bloomberg) — Elon Musk needs a jury to believe him if the Tesla Inc. boss is to avoid being socked with potentially billions of dollars in damages at a securities fraud trial. Most Read from Bl...