Cryptocurrency Market

Cryptocurrency Market

Menu
  • Market Cap: $2,393,113,562,158.15
  • 24h Vol: $53,365,551,873.29
  • BTC Dominance: 56.55%

attorney

attorney-disbarred-after-misappropriating-$4-million-in-bitcoin-funds

Attorney Disbarred After Misappropriating $4 Million in Bitcoin Funds

Leave a Comment / attorney, Attorney disbarment, Bitcoin, Bitcoin Fraud, BTC, Client fund misuse, Crypto, Crypto Hacked, Cryptocurrency, Escrow funds, Ethereum, Georgia, News Bytes, News Bytes - 2 / / / , , , , , , , , , , ,

The Supreme Court of Georgia, the highest judicial authority of the U.S. state of Georgia, has disbarred attorney Diana McDonald on June 11 for misappropriating $4 million from a bitcoin escrow transaction. In 2019, McDonald acted as a fiduciary for a client involved in a Bitcoin deal that failed to deliver the promised cryptocurrency. Despite […]

Attorney Disbarred After Misappropriating $4 Million in Bitcoin Funds Read More »

tron-founder-justin-sun,-soulja-boy,-and-austin-mahone-summoned-by-sec-in-crypto-asset-case

Tron Founder Justin Sun, Soulja Boy, and Austin Mahone Summoned by SEC in Crypto Asset Case

Leave a Comment / Adam Gottlieb, Akon, alternative service, attorney, Austin Mahone, Bitcoin, Bittorrent Foundation Ltd., bittorrent token, Celebrities, civil complaint, Complaint, court summons, Crypto asset, Crypto Hacked, Cryptocurrency, Default, Ethereum, followers, investor interest, Jake Paul, judgment, justin sun, Kendra Lust, Lawsuit, legal proceedings, Lindsay Lohan, manipulative trading, Ne-Yo, News, Rainberry, regulator, Relief, SEC, Security, Soulja Boy, Summons, Touting, tron, Tron Foundation, trx, Twitter, unlawfully, wash trading / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Court documents reveal that Justin Sun, Tron’s founder, has been sent a summons from the U.S. Securities and Exchange Commission (SEC) regarding the civil complaint filed against him last month. Youtuber Austin Mahone and rapper Soulja Boy, whose real name is DeAndre Cortez Way, have also been summoned. The SEC accuses Sun of orchestrating an

Tron Founder Justin Sun, Soulja Boy, and Austin Mahone Summoned by SEC in Crypto Asset Case Read More »

ripple-lawyer-argues-sec-chair-gensler-has-prejudged-crypto-asset-cases

Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases

Leave a Comment / adjudged, Antoniu v. SEC, Appeal, appearance of impropriety, attorney, Bias, Bitcoin, comments, commissioner, crypto assets, Crypto Hacked, crypto securities, Cryptocurrency, de novo review, debate, disbarment, Enforcement, Ethereum, evidence, Gary Gensler, Hogan & Hogan, Law, lawyer, Lawyers, legal battle, News, nullified, Opinion, recusal, Ripple, SEC, SEC staff, Securities, Social Media, Stuart Alderoty, Twitter, XRP / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Recently, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), expressed his opinion in a detailed interview with New York Magazine’s Intelligencer regarding why he believes crypto assets other than bitcoin are securities. However, Stuart Alderoty, Ripple’s chief legal officer, argues that Gensler must “recuse himself from voting on any enforcement case

Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases Read More »

ftx-bankruptcy:-judge-delays-decision-on-appointing-independent-examiner-amid-cost-concerns

FTX Bankruptcy: Judge Delays Decision on Appointing Independent Examiner Amid Cost Concerns

Leave a Comment / attorney, Bankruptcy, Bitcoin, ceo, Congress, cost, Court, creditors, criminal investigators, Crypto Hacked, Cryptocurrency, cybersecurity firm, cynthia lummis, debtors, Decision, DOJ, duplicated effort, Elizabeth Warren, Ethereum, expenses, experts, ftx, FTX Bankruptcy, FTX collapse, FTX examiner, FTX experts, government regulators, hearing, impartial, independent examiner, John Dorsey, John Hickenlooper, John J. Ray III, Juliet Sarkessian, Lawyers, Letter, mutually agreed solution, News, pure hell, Senators, Sullivan Cromwell, Sygnia, testimony, Thom Tillis, U.S. Trustee, unanswered questions, US Trustee / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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 millions of dollars. Currently, the bankruptcy judge is hopeful that the issue will be resolved through a mutually agreed upon solution between

FTX Bankruptcy: Judge Delays Decision on Appointing Independent Examiner Amid Cost Concerns Read More »

objections-raised-over-appointment-of-sullivan-&-cromwell-as-debtors’-counsel-for-ftx

Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX

Leave a Comment / 20 engagements, attorney, bankrupcty proceedings, Bankruptcy Case, bankruptcy judge, Bitcoin, chief restructuring officer, conflict, Conflict of Interest, counsel, court case, Crypto Hacked, Cryptocurrency, Customers, Daniel Friedberg, debtors' counsel, digital asset subjects, Enron, Ethereum, Fee payments, Fees, former FTX US compliance officer, ftx, general counsel, James "Metalawman" Murphy, John Dorsey, John J. Ray III, Lawyers, legal counsel, litigation firm, Metaverse Lawyer, New FTX CEO, News, Nishad Singh, ryne miller, S&C, Sam Bankman-Fried, sbf, Sullivan Cromwell, Twitter thread, Web3 attorney, Zoom presentation / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FTX US compliance officer. During a Zoom presentation, Friedberg claimed there was a conflict of interest between former and current FTX executives and FTX

Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX Read More »