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  • Market Cap: $2,407,466,424,893.35
  • 24h Vol: $56,965,112,795.06
  • BTC Dominance: 56.51%

Lawyers

do-kwon’s-terraform-sent-$7-million-to-law-firm-before-collapse,-report-unveils

Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils

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Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent collapse. Terraform Labs Transferred Large Amounts of Money to South Korean […]

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Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

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Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured

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

Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases

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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

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

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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

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alameda-research-seeks-$446-million-over-alleged-‘preferential-transfers’-to-voyager-digital

Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital

Leave a Comment / $1.4 billion, Alameda Research, approximately $445.8 million, Assets, avoidable, bankruptcy protection, benefit, bid, Bitcoin, Compliance, crypto assets, Crypto Hacked, Cryptocurrency, Customers, defendants, defunct quantitative trading firm, early liquidity, effective lien, Ethereum, Exchange, FTX bankruptcy proceedings, HTC Trading, Law, Lawyers, legal complaint, loan default, News, outstanding loans, payment, preferential transfers, Proceedings, property, purchase, recover, Sam Bankman-Fried, security interest, state securities commissioner, Texas State Securities Board, Three Arrows Capital, U.S. bankruptcy court, valid, Voyager Digital / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking to recover approximately $445.8 million from Voyager and HTC. Legal Battle Erupts Over Crypto Asset

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

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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

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