Bankruptcy lawyers battling over Sam Bankman-Fried’s $465 million of Robinhood shares are hashing out a deal to shut down litigation on the matter until the FTX founder’s criminal case is resolved. &#...
Tag: litigation
Bloomberg’s McGlone Predicts GBTC Litigation May Mark Milestone for Bitcoin (BTC)
Alex Dovbnya Bloomberg’s senior commodity strategist Mike McGlone stated that ongoing legal battle between Grayscale Bitcoin Trust (GBTC) and US Securities and Exchange Commission (SEC) could ma...
FTX Japan users withdraw funds amid litigation
The continuing dispute between FTX and its co-founder, Sam Bankman-Fried (SBF), has been making a stir in the cryptocurrency market, with many consumers left waiting for a resolution to the conflict b...
Ripple CEO optimistic on SEC litigation
Ripple CEO Brad Garlinghouse has stated that the company is positive about its ongoing lawsuit with the U.S. Securities and Exchange Commission. He added that the verdict might be finalized in June. B...
Facing Litigation And Years-Long Push For Increased Regulation, Conglomerate Ends Production Of PFAS Chemicals
3M factory (Photo by DAVID PINTENS/BELGA/AFP via Getty Images) BELGA/AFP via Getty Images The Environmental Protection Agency describes PFAS, the acronym referring to Per- and Polyfluoroalkyl chemical...
Terra Rebels at Risk of Litigation as LUNC Community Demands Refund of $150K
– Advertisement – Whistleblower PSX_TX exposed the risk in a legal assessment of the situation surrounding the previous allotment of $150K to the Terra Rebels group. An inactive anonymous ...
Ripple And LBRY Litigation Vs. SEC Share Key Commonality
The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) is in the home stretch. Both parties had filed their more than 60-page reply briefs for summary judgment on Nov. 3...
Sue To Get Through U.S. Immigration Backlogs
When it comes to processing of immigrant applications, results is the name of the game. So far, … [+] results have not been good. getty Sometimes it is helpful to compare your progress with that...
XRP Whales Are Moving Millions From Binance as Looming Litigation Causes Record Outflows ⋆ ZyCrypto
Advertisement     The deep-pocketed investors are transferring funds outside Binance. Binance is under investigation by US regulators for money laundering claims. XRP ...
Micron Bags Memory Chip Patent License Deal With Wi-LAN; Dismisses Pending Patent Litigation In US and China
Reuters Banks forced to hold on to Twitter deal debt-sources NEW YORK (Reuters) -The banks providing $13 billion in financing for Tesla CEO Elon Musk’s acquisition of Twitter Inc have abandoned ...
XRP CEO Outraged Over Lawsuit and SEC Litigation
Ripple CEO Brad Garlinghouse revealed he was outraged with the US Securities and Exchange Commission (SEC) over the regulator’s continued lawsuit against the crypto company’s XRP. In an Oct. 15 tweet,...
Luna Foundation Guard postpones compensation efforts, cites ‘ongoing and threatened litigation’
Since the collapse of the TerraUSD, the algorithmic stablecoin that catastrophically lost parity with the U.S. dollar earlier this year, the Luna Foundation Guard (LFG) maintained it would follow thro...
Luna Foundation Says Plans to Repay Terra Investors Thwarted by Litigation Woes
In a Twitter update on Friday, Luna Foundation Guard (LFG), an organization that supports the Terra ecosystem, revealed that its efforts toward compensating Terra holders remain futile due to the ongo...
The weird world of crypto litigation – Cointelegraph Magazine
Want to sue a crypto project that ripped you off? That will be $1 million, thank you. Luckily, there are options for those who face the daunting prospect of spending a small yacht’s worth of money in ...
State & Federal Officials Increasingly Seek Policy Change Through Litigation Instead Of Legislation
President Joe Biden & North Carolina Gov. Roy Cooper in Raleigh, N.C. (AP Photo/Susan Walsh) Copyright 2021 The Associated Press. All rights reserved. Someone at the IRS criminally leaked confiden...
3M’s Bankruptcy Setback Deepens Earplug Litigation Troubles
3M Co. had good reason to bet that it could use U.S. bankruptcy laws to shield itself from a mountain of personal-injury lawsuits filed over its allegedly defective military earplugs. But after a bank...
Ava Labs Built a Litigation Platform on Avalanche with Kyle Roche
Key Takeaways Ava Labs co-developed an Avalanche-based litigation platform with Roche Freedman founding partner Kyle Roche. Ava Labs has been accused of paying Roche to sue its competitors and keep r...
Texas Consumers On Hook For $10 Billion In Debt Incurred During Winter Storm Uri
A resident of Fort Worth, Texas pulls a sled on February 17, 2021, after Winter Storm Uri hit the … [+] state. Texas ratepayers are now on the hook for some $10 billion in debt incurred by utili...
3M Awaits Bankruptcy Ruling That Could Sink Litigation Tactic
(Bloomberg) — 3M Co.’s attempt to block jury trials of more than 230,000 lawsuits accusing it of harming US soldiers faces a key test this week in front of a federal judge in Indianapolis. Most ...
Weighed Down by Opioid Litigation, Endo International Files for Bankruptcy
Text size Dreamstime The generic drugmaker Endo International , which faces thousands of lawsuits related to its alleged role in the opioid crisis, filed for bankruptcy late Tuesday morning, while ann...
Sears and creditors reach $175 million deal with Eddie Lampert to settle litigation over allegations of self-dealing
After four years stuck in bankruptcy limbo, Sears Holdings and its creditors have reached a settlement with former Chief Executive and majority shareholder Eddie Lampert and other investors, clearing ...
Pharma stocks crater as investors brace for litigation charges
Shares of GSK, Sanofi and Haleon all sold off sharply this week, shedding tens of billions in market value, amid investor fear over potential U.S. litigation charges focused on popular heartburn drug ...
Johnson & Johnson Stock Higher After Ending Baby Powder Sales
Updated at 5:35 am EST Johnson & Johnson (JNJ) shares edged higher Friday after the consumer healthcare group said it would completely halt the sale of its iconic talc-based baby powder products...
Pfizer Stock Slumps On Litigation Linked to Zantac Heartburn Drug
Updated at 12:17 pm EST Pfizer (PFE) – Get Pfizer Inc. Report shares slumped lower Thursday amid investor concern over potential litigation linked to the popular, but now-discontinued, heartbur...
Bitcoin ETF Litigation Might Last Two Years – crypto.news
Grayscale’s chief legal officer, Craig Salm, recently discussed the asset manager’s legal fight with the SEC regarding the conversion of the Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF. Gra...
Spot Bitcoin ETF: Grayscale’s chief legal officer says litigation could take up to 2 years
Grayscale’s litigation process against the US Securities and Exchange Commission (SEC) over the regulator’s denial of a spot Bitcoin ETF could take as long as two years. That’s according to the leadin...
Grayscale legal officer says Bitcoin ETF litigation could take two years
Asset management firms continue to fight for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States as regulators remain skeptical of the idea. Craig Salm, chief legal officer at asset m...
Invenergy Sues An Iowa County, Uses ‘Nefarious Tactics’ To Push More Wind Turbines
Invenergy, a company controlled by billionaire Michael Polsky, sued Worth County, Iowa last month … [+] claiming the county’s wind regulations are “onerous and extreme.” Julie ...