A federal bankruptcy judge will hear evidence about the potentially criminal movement of assets out of FTX and its affiliated companies, in what is the latest escalation of a heated legal struggle bet...
Tag: Legal
Atlas Trading founders targeted by SEC for alleged fraud via Twitter and Discord
Known on Twitter as Zack Morris and PJ Matlock, the founders of Atlas Trading and several alleged co-conspirators have been accused of stock manipulation by the U.S. Securities and Exchange Commission...
Bankman-Fried denied bail, remanded to custody in the Bahamas: Reuters
Sam Bankman-Fried is headed to jail after a magistrate judge in the Bahamas denied his bail application and remanded him to the Department of Corrections, Reuters said. The disgraced former CEO of FT...
SBF claims law firm Sullivan & Cromwell pressured him into bankruptcy filing for legal, consultancy fees
Former FTX CEO Sam Bankman-Fried (SBF) claims in his planned testimony before the U.S. House of Representatives Committee on Financial Services that he was pressured into filing for bankruptcy for the...
The Arrest of Sam Bankman-Fried Only Marks The Start Of Expected Lengthy Legal Proceedings ⋆ ZyCrypto
Advertisement     Media is awash with the news that Sam Bankman-Fried (SBF), the former CEO of the collapsed FTX cryptocurrency exchange, was arrested by Bahamas law e...
FTX execs had ‘free rein’ over exchange, Alameda, CEO Ray says
Sam Bankman-Fried and his top lieutenants had “free rein” over failed crypto exchange FTX and its sister trading firm, Alameda Research, the new FTX CEO said in a congressional hearing. Testify...
Input Output CEO On Spreading “Fake News” About RIpple’s Legal Battle With SEC
Rumors about Ripple’s legal battle with the Securities and Exchange Commission (SEC) are continuously spreading in the crypto market. Input Output (IOHK) CEO Charles Hoskinson reacted to David Gokhsht...
Sam Bankman-Fried charged with fraud over FTX collapse
Sam Bankman-Fried was charged with fraud by the U.S. Securities and Exchange Commission over the collapse of FTX, the crypto exchange he founded. The former CEO was charged with “orchestr...
FTX Founder Blames ‘Bad Legal Advice’ For Crypto Firm’s Bankruptcy
Topline Sam Bankman-Fried insinuated law firms looking for a massive payday contributed to cryptocurrency exchange FTX’s decision to file for bankruptcy last month, during a Monday morning interview w...
Ripple Likely Coming Out on Top in XRP Battle With SEC, Says Crypto Legal Expert
A crypto legal expert says he sees a complete and total victory for Ripple over the U.S. Securities and Exchange Commission (SEC) as the most likely outcome of the XRP lawsuit. The SEC sued Ripple in ...
Emerging Rise Of “AI Localism” Is Getting Bigger, Bolder, And Badder Says AI Ethics And AI Law
AI localism has to do with governing and contending with AI at the local levels, which needs greater … [+] care and attention. getty They say that all politics is local. You’ve undoubtedly heard...
U.S. Justice Department weighs charging Binance and its executives: Reuters
The U.S. Justice Department is continuing to weigh up charging crypto exchange giant Binance for possible money laundering and criminal sanctions violations, according to Reuters. It is also l...
SEC Filed First Legal Brief as Grayscale Challenged their Decision
The SEC has filed its first legal brief as part of the GBTC lawsuit. And their filing is challenging the decision of Grayscale. Grayscale Investments, an American digital currency asset management com...
Grayscale says SEC filed first legal brief in ongoing bitcoin futures ETF lawsuit
Grayscale Investments said the U.S. Securities Exchange Commission has filed its first legal brief in the lawsuit the crypto asset manager filed over the rejection of its application for a spot bitcoi...
Caroline Ellison hires former SEC crypto regulator as lawyer for FTX probe: Bloomberg
Former Alameda Research head Caroline Ellison hired a former crypto regulator at the U.S. Securities and Exchange Commission to represent her in an ongoing federal probe into the collapse of the FTX e...
U.S. prosecutors probing FTX founder Sam Bankman-Fried in potential fraud case: Bloomberg
U.S. prosecutors are probing Sam Bankman-Fried, the disgraced founder of now-bankrupt crypto group FTX, for a potential fraud case against him, Bloomberg reported Friday, citing a person familiar with...
Congressional committee confirms SBF as FTX hearing witness
Disgraced FTX founder Sam Bankman-Fried is slated to testify in a congressional hearing on the collapse of the company, the U.S. House of Representatives Committee on Financial Services confirmed. &#...
Amber Group owes troubled crypto lender Vauld’s CEO $130 million
Amber Group, a struggling crypto trading firm, owes around $130 million to troubled crypto lender Vauld’s CEO Darshan Bathija. In July, Vauld mentioned in its affidavit that it has a loan ...
Legal Pressure Grows on FTX’s Sam Bankman-Fried
Legal difficulties are mounting for Sam Bankman-Fried, the founder and former CEO of FTX—and it doesn’t seem to be limited to the crypto exchange’s collapse last month. FTX filed for bankruptcy on Nov...
Kim Kardashian, Floyd Mayweather Legal Case for Shilling EMAX Crypto Shut Down
Yuri Molchan Two celebrities were accused of promoting cryptocurrency to “dupe” potential investors, but now case gets dismissed As reported by Bloomberg, TV celebrity Kim Kardashian and A...
Sam Bankman-Fried ghosts Senate for testimony on FTX collapse
Former FTX CEO Sam Bankman-Fried and his attorney did not respond to the Senate Banking Committee’s demand that he testify or otherwise cooperate with an investigation into his failed corporate ...
Legislators propose federal reports of gas emissions for crypto miners
Three U.S. lawmakers introduced a bill that would ask the Environmental Protection Agency to study crypto mining activity and require that miners that use more than 5 megawatts of power submit informa...
SEC wants firms to disclose if they have crypto exposure
The U.S. Securities and Exchange Commission wants companies to publicly disclose if they have exposure to crypto assets, including whether they do business with any crypto-related companies. Th...
Senators question U.S. banking regulators on crypto exposure
Two U.S senators have written to agencies tasked with supervising the financial sector to seek details about banks’ exposure to cryptocurrencies. Sens. Elizabeth Warren, D-Mass., and Tina ...
CFTC and crypto lawyers duke it out over service in Ooki DAO case
How do you sue a DAO? The question has been at the heart of the case the Commodity Futures Trading Commission is bringing against Ooki DAO, a decentralized autonomous organization that the agency alle...
Celsius must return $44 million in crypto to users: Bloomberg
Crypto lender Celsius Network must return around $44 million worth of crypto back to customers, even if it didn’t enter Celsius’s interest-bearing accounts. Chief Bankruptcy Judge M...
Judge dismisses crypto lawsuit against Kim Kardashian, Floyd Mayweather Jr.: CNBC
A federal judge dismissed a proposed class-action lawsuit against EthereumMax founders and celebrity promoters, including Kim Kardashian and boxer Floyd Mayweather Jr., CNBC reported. Plaintiff ...
Feds have contacted former FTX employees as part of investigation
Federal law enforcement is in touch with former FTX employees as part of a criminal investigation into the failed exchange and its sister hedge fund Alameda Research. Two former FTX employees h...
FBI arrests blockchain startup CTO for allegedly stealing over $1 million
U.S. authorities have arrested the former chief technology officer and co-founder of Blockparty, a blockchain events startup, for allegedly stealing over $1 million of crypto and fiat from the firm. ...