2023-9-5 14:03 |
Lack of cryptocurrency regulations have made the legal work on crypto bankruptcies more difficult and expensive, FTX lawyers said.
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Whether XRP is ruled as a security or not in the Ripple case will certainly have an influence on the two latest crypto exchange lawsuits, crypto lawyers told Cointelegraph.
2023-6-9 07:42 | |
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Circle, a stablecoin issuer, has scored a coup with the appointment of Big Law veteran Heath Tarbert as its top legal eagle amid an intensifying crackdown on crypto. The post Stablecoin Circle Lawyers Up Amid SEC Crackdown on Crypto appeared first on BeInCrypto.
2023-6-9 17:53 | |
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The lawsuits brought by the U.S. Securities and Exchange Commission (SEC) against the exchanges Coinbase and Binance.US continue to be the all-defining topic in the crypto market today. While the market remains in a state of shock, Binance’s lawyers have pulled an ace out of their sleeve that puts SEC Chairman Gary Gensler in hot […]
2023-6-8 14:40 | |
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Following the announcement of the United States Securities and Exchange Commission (SEC) filing lawsuits against major cryptocurrency exchanges Binance and Coinbase, the regulator is now facing backlash from prominent crypto and blockchain lawyers.
2023-6-7 00:00 | |
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Lawyers say they are seeing an increasing number of divorce settlements featuring digital assets.
2023-6-1 16:45 | |
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Crypto lawyer Jesse Hynes has voiced the hope that the court supervising the Securities and Exchange Commission's (SEC) legal action against Ripple would declare XRP as a non-security digital asset.
2023-5-24 17:24 | |
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Core Scientific should “trim” its restructuring timeline by “at least [one] month,” the federal judge overseeing the crypto miner's bankruptcy said during a Monday hearing as creditors called for the insolvent crypto miner to fast-track its plans to emerge from Chapter 11 bankruptcy.
2023-5-23 01:55 | |
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Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US.
2023-5-6 00:36 | |
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2023-4-27 02:18 | |
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Creditors can expect to receive between 40 and 65% recoveries, ideally in crypto, a bankruptcy court heard
2023-4-27 19:05 | |
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Bankruptcy lawyers for Globix are demanding that Kraken, Crypto. com, and Bitstamp reveal identities of wallet owners with links to the firm. The liquidation of Globix is threatening to impact Gibraltar's reputation as a crypto hub.
2023-4-26 13:16 | |
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ALSO: Although Do Kwon is in a lot of trouble, his lawyers have raised a legitimate issue about crypto regulation in the U.S, and the SEC’s quest for unlimited jurisdiction over the asset class.
2023-4-25 04:18 | |
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The SEC cannot regulate digital assets involved in the case as the UST stablecoin is a currency, not a security, lawyers for the disgraced crypto executive said.
2023-4-24 13:59 | |
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Collapsed crypto exchange FTX’s native token FTT surged more than 100% on April 12 after lawyers revealed they had recovered additional liquid assets. As of press time, FTT was trading at $2.
2023-4-12 23:14 | |
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FTX bankruptcy lawyers say that $694 million in liquid assets have been identified before OKX’s announcement.
2023-3-30 05:55 | |
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According to recent court documents, Bitboy was at the front of insults thrown to class action lawyers working on the FTX fiasco. This came after he was identified as a defendant in the case.
2023-3-22 18:23 | |
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2023-3-22 21:03 | |
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Legal fees in the case of the bankrupt crypto lender Celsius are skyrocketing.
The post Celsius lawyers and advisors on track to gain over $140M in fees appeared first on CryptoSlate.
2023-3-21 15:00 | |
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The U.S. Supreme Court will hear arguments in its first ever crypto-related case on Tuesday, when lawyers for San Francisco-based crypto exchange Coinbase will attempt to convince the nine Justices to pause a pair of class action lawsuits against the exchange.
2023-3-21 23:22 | |
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Lawyers file papers in Delaware to strip Bahamian liquidators of claims to FTX property, crypto, fiat, and intellectual property, The post FTX Digital Markets Was a Storefront for Fraud, Claim FTX Lawyers appeared first on BeInCrypto.
2023-3-21 19:40 | |
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The lawyers representing Sam Bankman-Fried, the founder of crypto exchange FTX, said that his criminal trial might need to be delayed to give him more time to prepare his defense.
2023-3-9 12:59 | |
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FTX lawyers working on the crypto exchange’s bankruptcy case billed nearly $40 million in expenses in January, according to documents filed in court. The lawyers are part of a group of legal experts hired to assist FTX in its Chapter 11 bankruptcy case, which was filed last year after the exchange faced a series of […]
2023-3-8 16:10 | |
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This might be fatal to SEC, says Scott Chamberlain
2023-3-9 13:06 | |
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Bankruptcy lawyers and accountants for the embattled crypto exchange FTX have submitted hefty invoices for their work. The post Phalanx of FTX Lawyers and Accountants Bill Nearly $40M for One Month’s Work appeared first on BeInCrypto.
2023-3-8 08:30 | |
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Crypto lawyers have criticized the U.S. SEC Chair's comments. The SEC Chair claimed that every cryptocurrency except Bitcoin is a security subject to its jurisdiction. So far, SEC has either fiThe post Crypto lawyers question SEC Chair over claims of crypto being security appeared first on AMBCrypto.
2023-2-27 11:41 | |
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Crypto lawyers weighed in on Gary Gensler’s crypto regulation claims, saying that the the Securities and Exchange Commission has no legal standing to police the space.
2023-2-27 06:56 | |
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While community members are not defending Terra and Do Kwon, they are questioning the manner in which the SEC is going after the company and its founder.
2023-2-17 14:32 | |
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The latest action from the U.S. Securities and Exchange Commission (SEC) against Kraken is probably only the first stirring of a U.S. government campaign to come for the major remaining crypto exchanges, according to industry lawyers, consultants and former regulators.
2023-2-10 18:54 | |
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Voyager Digital has subpoenaed several executives from FTX and Alameda, including Sam Bankman-Fried and Caroline Ellison. The bankrupt crypto lender's lawyers have requested documents related tThe post Voyager Digital subpoenas SBF and others from FTX and Alameda appeared first on AMBCrypto.
2023-2-8 17:00 | |
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Lawyers have challenged a potentially consequential move from the U.S. Securities and Exchange Commission (SEC) to build a list of crypto tokens it considers unregistered securities.
2023-2-8 16:00 | |
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Alameda recently filed a case against Voyager for retrieval of $445 million or more it gave to the crypto lender as loan repayments. The case will go up in the US bankruptcy court for the District of Delaware. FTX’s lawyers…
2023-1-31 14:17 | |
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Lawyers for the bankrupt crypto exchange's founder said there was no evidence for restricting access to crypto held by FTX as part of bail conditions in a fraud trial.
2023-1-29 13:28 | |
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The crypto exchange wants to question its founder’s family as it seeks to locate allegedly misappropriated funds
2023-1-27 20:22 | |
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Lawyers for the bankrupt crypto exchange have published an extensive list of creditors that include media companies, airlines, universities and charities.
2023-1-27 15:12 | |
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Lawyers for the bankrupt crypto exchange have published an extensive list of creditors that include media companies, airlines, universities and charities.
2023-1-26 15:12 | |
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Crypto lawyers are expressing their enthusiasm for NFTs as a viable solution to prosecute blockchain-based crimes that would otherwise remain unresolved. Last year, there was an uptick in lawsuits filed against individuals for blockchain-related offences in situations where the accused could not be reached by more traditional means.
2023-1-26 11:00 | |
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Commercial lawyers with a solid knowledge of blockchain and crypto tech will be in particularly high demand.
2023-1-26 03:40 | |
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Lawyers for Celsius Network said Tuesday that the bankrupt crypto lender is planning to reinvent itself as a new, publicly traded “recovery corporation” in order to exit the bankruptcy process – something they said could happen in “months.”
2023-1-25 22:42 | |
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Lawyers, accountants and other financial professionals should have stepped in to halt the fatal mistakes going on inside crypto firms such as FTX long before they imploded, said Christy Goldsmith Romero, a commissioner with the U.
2023-1-19 00:00 | |
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On Wednesday, a counsel for the bankrupt crypto trading venue FTX, founded by Sam Bankman-Fried, stated that the company recovered more than $5 billion. However, the magnitude of consumer losses in its collapse was still unknown.
2023-1-12 22:31 | |
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FTX’s lawyers have reportedly recovered $5 billion, but divested customers could still end up at the back of the queue. The post FTX Recovers $5 Billion in Crypto: Will Customers Get Their Money Back? appeared first on BeInCrypto.
2023-1-11 20:30 | |
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As crypto firms continue to collapse in the wake of FTX, one group in particular has been benefitting: bankruptcy lawyers. The post Bankruptcy Law Firms Boom as Crypto Firms Go Bust appeared first on BeInCrypto.
2022-12-3 22:00 | |
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Genesis is in talks with creditors and potential investors, Bloomberg News reports.
2022-11-30 06:31 | |
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Genesis is in talks with creditors and potential investors, Bloomberg News reports.
2022-11-30 06:31 | |
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In a recent Twitter Space recording, Mashinsky was warming up to getting Celsius’ battery of lawyers to team up with their Unsecured Creditors Committee (UCC) counterparts and sue the collapsed crypto exchange.
2022-11-29 14:02 | |
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The CoinDesk Market Index, bitcoin and ether were all in the green. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
2022-11-23 01:42 | |
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Lisa Braganca, former SEC enforcement branch chief, discusses why regulation for crypto is likely to come from the SEC or CFTC rather than Congress and why SBF’s lawyers are “apoplectic.”
2022-11-16 21:34 | |
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Although FTX’s terms of service prevented it from using customer’s crypto, lawyers told CoinDesk that its swift downfall indicates the funds were misused.
2022-11-11 20:17 | |
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Australian and U.S. digital asset lawyers told Cointelegraph that by and large, the words on their own as "pretty useless."
2022-11-3 02:27 | |
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Celsius seeks a $2 billion return from users who withdrew funds within 90 days before its bankruptcy, aiming for fair creditor treatment.
Hut 8 says it will manage mining operations for MiningCo at five sites under a four-year contract. The digital asset miner will oversee 122,000 miners with 12 EH/s of computing capacity and over 300 MW of energy.
Bankrupt crypto lender Celsius has opened withdrawals for eligible custody users starting Nov. 29, according to a statement on its official handle on social media platform X (formerly Twitter). A Nov.
“The return comes from hash rate, not from pixie dust, Ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed.
Key takeaways Celsius is seeking court approval to start repaying customers in the coming weeks. The company will repay its creditors using Bitcoin and Ethereum and stock in the new company.
Roni Cohen-Pavon, Celsius’ former chief revenue officer, has pleaded guilty to four criminal charges and will be free on bail until a Dec. 11 sentencing hearing.
Bankrupt crypto lender Celsius has proposed the appointment of Algorand’s blockchain former chief executive officer Steven Kokinos as the CEO of the new company that will take over its operations, according to court filings.