2 / 19 Relevant items tagged with #Court

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Ex-Alameda Research CEO to report to prison for 2-year sentence

[Nov 7 3:29 PM] Caroline Ellison has been free on bail since her guilty plea in 2022, testifying at Sam Bankman-Fried’s criminal trial and subject to intense scrutiny by the media.

SEC seeks dismissal of Kraken defenses in ongoing legal dispute

[Nov 7 1:01 PM] The SEC argued that Kraken’s defenses about the major questions doctrine are a “due process fail as a matter of the law.”

FTX co-founder and key witness Gary Wang asks judge for no jail time

[Nov 7 5:43 AM] Wang, one of Sam Bankman-Fried’s longtime friends and a key witness at his trial, is set to be sentenced on Nov. 20.

Binance, CZ file motion to dismiss SEC’s amended complaint

[Nov 5 10:33 AM] Secondary market resales of crypto assets long after they were first distributed by their developers are not “securities” transactions, lawyers for Binance and its former CEO argued.

Bitfinex hack launderer ‘Razzlekhan’ wants time served as sentencing looms

[Nov 4 2:57 AM] Heather Morgan has argued for no more jail time for her role in laundering some of the 120,000 Bitcoin stolen from Bitfinex by her husband Ilya Lichtenstein.

Judge pushes Tornado Cash co-founder trial to April 2025

[Nov 1 9:30 PM] Roman Storm, currently free on bail and facing three federal charges, will have another four months to prepare for his criminal trial.

Judge sentences IcomTech promoter to 8 years to deter ‘crypto frauds’

[Oct 31 6:56 PM] Judge Jennifer Rochon initially allowed a delay in Gustavo Rodriguez’s sentencing to allow additional testimony but ultimately ordered the IcomTech promoter to prison.

Ex-FTX exec sentenced to time served after guilty plea

[Oct 30 8:06 PM] Nishad Singh will receive no prison time after pleading guilty to six felony charges in February 2023, cooperating with prosecutors and FTX’s debtors after the exchange’s collapse.

FTX CEO hints Nishad Singh should remain free to assist bankruptcy case

[Oct 30 3:35 PM] John Ray, who took over as FTX CEO in November 2022, suggested Nishad Singh’s cooperation in the firm’s bankruptcy would be “important to maximize recovery” for creditors.

Green United promotor asks to appeal SEC’s $18M crypto mining fraud case

[Oct 28 6:05 AM] Kristoffer Krohn claims the SEC got its application of securities laws wrong, which a federal court agreed with — now he’s asking for an appeals court to decide who is right.

Hacker behind fake Bitcoin ETF X post pleads not guilty

[Oct 25 5:44 PM] Reports from the courtroom suggested that prosecutors would offer a deal for Eric Council Jr., who allegedly helped compromise the SEC’s X account.

What to expect at Nishad Singh’s sentencing hearing

[Oct 25 3:53 PM] After pleading guilty to six felony charges in February 2023 after FTX’s collapse, the former engineering director could face years in prison.

Homeowner lawsuit over $170K crypto theft rejected on appeal  

[Oct 25 6:06 AM] A United States appeals court said a district court was right to toss Ali Sedaghatpour’s lawsuit claiming that his insurer, Lemonade Insurance, should cover him for a crypto scam loss.

US gov’t cites ex-FTX exec’s ‘exemplary cooperation’ before sentencing

[Oct 24 4:04 PM] Prosecutors asked Judge Lewis Kaplan to consider Nishad Singh’s “substantial assistance” to the government in its case against Sam Bankman-Fried at sentencing.

Former Celsius CEO to return to court on Nov. 13

[Oct 23 10:23 PM] Judge John Koeltl ordered Alex Mashinsky and prosecutors to appear in court on Nov. 13 to address the former Celsius CEO’s motion to dismiss fraud and market manipulation charges.

Nigeria drops money laundering charges against Binance exec

[Oct 23 10:51 AM] Announcing the withdrawal of the charges, the EFCC lawyer reportedly said that Tigran Gambaryan was merely an employee of Binance.

Judge delays sentencing of IcomTech promoter to allow testimony

[Oct 22 8:44 PM] Gustavo Rodriguez, who was initially scheduled to be sentenced following his conviction for conspiracy to commit wire fraud, will testify under oath on Oct. 25.

Liminal challenges WazirX accusations after $235M security breach

[Oct 22 1:01 PM] According to Liminal, 75 days after the hack, WazirX still kept more than $175 million in Liminal custody despite blaming the custodian for causing the breach.

Indicted NYC mayor leaves questionable crypto legacy as controversy mounts

[Oct 19 1:00 PM] Before his indictment on criminal charges, NYC Mayor Eric Adams promised to turn the city into a major crypto hub.

Crypto.com sees ‘strong legal footing’ in crypto rulings against SEC

[Oct 18 12:54 PM] Previous crypto rulings against the SEC have put Crypto.com on a “strong legal footing” in its lawsuit against the regulator, its chief legal officer Nick Lundgren said.

SEC’s Ripple appeal doesn’t challenge XRP non-security status

[Oct 18 8:36 AM] Ripple’s chief legal officer, Stuart Alderoty, emphasized that the SEC’s Form C doesn’t appeal the ruling that XRP is not a security.

Bitcoin price drops under $67K as investors chase profit in stocks 

[Oct 17 7:29 PM] Bitcoin pulled back from its range high as investors moved to greener pastures, but a possible misstep by the SEC could benefit BTC. 

Nishad Singh asks for time served, claiming ‘limited’ role in FTX crimes

[Oct 17 4:47 PM] The former FTX engineering director pleaded guilty to fraud and conspiracy charges in February 2023 and will return to court on Oct. 30 for a sentencing hearing. 

Chainalysis to appear in court over $650M defamation suit

[Oct 16 5:20 PM] The suit alleges Chainalysis falsely labeled the YieldNodes project a scam.

Ripple Fires Back at SEC: Cross-Appeal Seeks to Overturn Unresolved XRP Issues

[Oct 12 11:30 PM] Ripple has escalated its legal battle with the U.S. Securities and Exchange Commission (SEC), filing a cross-appeal to challenge unresolved issues around XRP sales. This comes after the SEC sought to overturn parts of the rulings that cleared…

Ex-FTX exec scheduled to report to prison after judge denies request

[Oct 11 5:00 PM] Judge Lewis Kaplan cited prosecutors’ opposition, which noted that Ryan Salame appeared “physically recovered and entirely unimpaired” during a recent Tucker Carlson interview.

Nigerian court denies bail for Binance exec despite health concerns

[Oct 11 10:46 AM] Judge Emeka Nwite ruled that Tigran Gambaryan should stay in prison unless his health condition poses a threat to others and quarantine is unavailable.

Ryan Salame requests self-surrender date be pushed to Dec. 7

[Oct 9 8:49 PM] The former FTX executive claimed the need for “continuing medical treatment” after being bitten by a dog in June.

Crypto.com sues SEC to ‘protect the future of crypto’ in US

[Oct 8 2:18 PM] Crypto.com’s lawsuit against the US SEC follows the exchange’s receipt of a Wells notice from the agency.

Bankruptcy judge approves FTX’s reorganization plan

[Oct 7 7:43 PM] Roughly two years after the crypto exchange collapsed and many of its executives faced criminal charges, the Oct. 7 court decision was a step forward for reimbursing FTX users.