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Court greenlights settlement talks between BlockFi and FTX

On Nov. 14, U.S. Federal Judge Michael Kaplan gave a green light to cryptocurrency firms FTX and BlockFi to begin settlement discussions over a $1 billion dispute. The permission comes in the aftermath of BlockFi’s bankruptcy filing in November 2022, as it seeks to recover funds owed by FTX and its sister hedge fund, Alameda […] The post Court greenlights settlement talks between BlockFi and FTX appeared first on CryptoSlate. дальше »

2023-11-15 00:50


Ripple Vs SEC: Judge Sets Schedule For Discovery And Briefing, What This Means

The XRP court case may be seeing an end soon as Judge Torres has officially scheduled dates for remedies discovery and briefing between Ripple Labs and the US SEC.  Ripple Lawsuit Enters Remedies Discovery Phase United States District Judge Analisa Torres has set dates for remedies discovery and briefing in the lawsuit between the United […] дальше »

2023-11-14 16:00


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Genesis seeks court approval to slash 3AC claim from $1B to $33M

Bankrupt crypto lender Genesis has sought court approval for its proposed settlement agreement with collapsed crypto hedge fund Three Arrows Capital (3AC), according to a Nov. 9 court filing. Under the agreement, 3AC will have an allowed general unsecured claim of $33 million against the bankrupt lender instead of the previous over $1 billion claim […] The post Genesis seeks court approval to slash 3AC claim from $1B to $33M appeared first on CryptoSlate. дальше »

2023-11-10 15:10


Investors Flocking To This New BTC Alternative Amid SafeMoon Token Scandal

SafeMoon, a decentralized finance project, lost more than $200 million after the alleged siphoning of funds by the project’s own founders. The protocol’s founders have reportedly found themselves facing legal constraints after their official arrests, following a recent court filing by the US Securities and Exchange Commission (SEC) accusing them of defrauding investors and violating […] The post Investors Flocking To This New BTC Alternative Amid SafeMoon Token Scandal appeared first on CaptainAltcoin. дальше »

2023-11-9 13:00


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IRS Obtains Court Order for Kraken User Data Amid Concerns Over Tax Reporting Rules

Kraken, a leading cryptocurrency exchange, has begun informing its user base via email that it would be obliged to share certain customer information with the Internal Revenue Service (IRS).  The disclosure was made through an official statement on Thursday, October 26, following the IRS’s issuance of a summons in May 2021, in which they requested […] дальше »

2023-11-9 21:49


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FTX Seeks Court Approval To Sell Grayscale And Bitwise Trust Assets Valued At $744 Million

To recover assets and funds, bankrupt cryptocurrency exchange FTX, under the guidance of appointed CEO John Ray III, has filed a new request with the US bankruptcy court of Delaware.  The filing seeks approval for the sale of trust assets held by digital asset manager Grayscale and crypto index fund manager Bitwise, estimated to be […] дальше »

2023-11-7 01:00


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Bankrupt FTX wants to liquidate $744 million in assets from Grayscale and Bitwise

Bankrupt cryptocurrency exchange FTX has expressed readiness to sell $744 million worth of its Trust assets held at Grayscale and Bitwise, according to a Nov. 3 court filing. The Trust assets consist of various exchange-traded products managed by Grayscale, including its Bitcoin and Ethereum Trusts and Bitwise’s 10 Crypto index fund. дальше »

2023-11-6 12:15


Coinbase’s Dogecoin Sweepstakes Case To Be Decided By The Supreme Court

In a recent development, the United States Supreme Court has decided to take on a lawsuit related to a Dogecoin sweepstakes, which involves Coinbase and its customers. This comes almost a year after the US District Court for the Northern District of California initially denied the exchange’s motion to force the class-action lawsuit to arbitration.  […] дальше »

2023-11-4 16:00


Court Trial Date For Mango Markets Exploiter Now Set In April 2024 – Details

The court trial of Avraham Eisenberg, the hacker behind the $114 million exploit of the decentralized exchange Mango Markets, has been postponed to April 2024.  In a court filing on November 2, US District Court Judge for the Southern District of New York Arun Subramanian granted Eisenberg’s motion for continuance after his lawyers argued that […] дальше »

2023-11-4 14:00