12 / 20 Relevant items tagged with #Court

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Court rules in favor of HelbizCoin investors, class lawsuit to go ahead

[Sep 3, 2023 11:38 PM] A U.S. District Court has upheld claims by HBZ investors that the company acted fraudulently and also asserted that its token violated securities laws.

Gala Games founders biff over $130M theft, corporate waste allegations

[Sep 3, 2023 9:21 PM] Gala co-founder Eric Schiermeyer allegedly enriched himself, says his founding peer Wright Thurston, while Schiermeyer says Thurston stole millions.

Ripple legal team opposes SEC appeal over XRP decision

[Sep 1, 2023 3:53 PM] Lawyers argued the SEC’s grounds for an appeal was based on “dissatisfaction” with a July court decision that the XRP token did not largely qualify as a security.

FTX founder’s expert witnesses could cost up to $1.2K an hour

[Sep 1, 2023 5:06 AM] Sam Bankman-Fried’s potential expert witnesses could charge more than the U.S. prosecution witnesses, according to court filings.

Court Ruling in Favor of Grayscale Clears Path for Bitcoin Innovation in US: Vivek Ramaswamy

[Aug 31, 2023 5:30 PM] Grayscale’s court win over the U.S. securities regulator will help keep crypto innovation in America, Republican presidential hopeful Vivek Ramaswamy is convinced. While praising the “strong decision,” Ramaswamy also commented that the case should�

Judge says Sam Bankman-Fried’s lawyers have until Sept. 1 to request a trial postponement: Report

[Aug 30, 2023 1:00 PM] Though the judge reportedly said he would not necessarily grant a postponement, SBF’s lawyers have been pushing for the former FTX CEO to have more time to prepare his defense.

Genesis lenders call DCG agreement ‘wholly insufficient’

[Aug 30, 2023 7:46 AM] The agreement in-principle reached by DCG and creditors also said that the Ad Hoc Group and Gemini did not support the deal.

BlockFi asks court for permission to convert trade-only assets into stablecoins

[Aug 30, 2023 5:35 AM] The bankrupt crypto lender’s request marks another step toward the return of users’ funds, which the company began in August.

Grayscale Victory Against SEC Clears Path for Spot Bitcoin ETFs: Bernstein

[Aug 30, 2023 4:20 AM] The ruling increases the likelihood the SEC might approve all bitcoin spot ETF applications together, the report said.

Sealing docs in Binance case could suggest a criminal probe, says former SEC official

[Aug 29, 2023 9:32 AM] According to John Reed Stark, the U.S. Justice Department may intend to indict or already indicted Binance, suggesting a motion in civil court was aimed at keeping this secret.

DOJ seeks to bar Sam Bankman-Fried’s expert witnesses from testifying

[Aug 29, 2023 4:07 AM] In a new motion submitted to New York courts, the U.S. Department of Justice wants to exclude all of Sam Bankman-Fried’s expert witnesses from testifying on the case.

DCG agrees deal with Genesis that would see recoveries of up to 90%

[Aug 29, 2023 2:22 AM] The estimated U.S. dollar equivalent recoveries could amount to 70%–90% for Genesis creditors, should the amended plan be carried out.

Sam Bankman-Fried’s lawyers appeal decision on bail, citing First Amendment issues

[Aug 28, 2023 1:40 PM] Lawyers questioned a judge’s decision to revoke bail on Aug. 11, claiming SBF speaking to a journalist about Caroline Ellison was “protected First Amendment activity.”

Judge to hear Sam Bankman-Fried's defense against 4M pages of newly released evidence

[Aug 26, 2023 10:22 AM] Judge Lewis Kaplan ordered the government to respond to Bankman-Fried's counsel concerning appropriate access to discovery materials, as well as a request barring prosecutors from using new evidence.

Sam Bankman-Fried's lawyers push for temporary release, object to prosecutors' proposed deal

[Aug 25, 2023 3:43 PM] The U.S. Justice Department has produced “millions of pages of documents" related to SBF's criminal case, which his lawyers claimed was too much to access from jail before trial.

Judge denies stakeholders request for representation in Celsius bankruptcy case

[Aug 25, 2023 11:45 AM] The judge also declined to declare CEL token “not a security,” despite related rulings in the SEC vs Ripple case.

Vauld gets permission for board restructuring from the court

[Aug 25, 2023 5:59 AM] The Singapore-based crypto exchange has been in ongoing bankruptcy proceedings since August 2022.

Tornado Cash developer Roman Storm released on bail, lawyer says

[Aug 25, 2023 4:17 AM] Roman Storm’s lawyer, Brian Klein, said the developer was released on bail on Aug. 24, the day after the U.S. DOJ announced the charges related to money-laundering and other alleged violations.

SEC v Ripple: attorneys leave SEC side, both groups add new lawyers

[Aug 24, 2023 4:44 AM] Attorneys Pascale Guerrier, Richard Best and Robert MacDonald Moye representing the U.S. SEC in its ongoing lawsuit against Ripple have withdrawn from the case.

Sam Bankman-Fried can meet with lawyers outside of jail with 48 hours’ notice, says judge

[Aug 23, 2023 11:49 AM] Judge Lewis Kaplan said the order was in line with the accommodations for access to discovery materials the U.S. government proposed for the former FTX CEO on Aug. 18.

Sam Bankman-Fried’s lawyers argue previous FTX legal team led him to act 'in good faith'

[Aug 23, 2023 10:00 AM] The filing surrounding the legal strategy followed an all-day session between SBF and his lawyers on Aug. 22 outside of jail, which was granted by a judge on a one-time basis.

OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine

[Aug 22, 2023 3:37 PM] Nathaniel Chastain will reportedly have until Nov. 2 to surrender himself following his conviction for wire fraud and money laundering related to insider trading on OpenSea.

FTX’s Sam Bankman-Fried prosecutors submit proposed jury instructions for trial

[Aug 22, 2023 12:19 AM] Ahead of FTX co-founder Sam Bankman-Fried’s October trial, government prosecutors have laid out their requests for how the jury should be directed.

Sam Bankman-Fried will get one day in court to meet with lawyers

[Aug 21, 2023 3:55 PM] According to a judge's order, SBF will be allowed access to one laptop and "WiFi device” for roughly 6.5 hours while meeting with counsel in a courthouse cell block attorney room.

Gryphon Digital seeks court dismissal of Sphere 3D's lawsuit

[Aug 20, 2023 11:40 AM] Gryphon Digital is requesting dismissal from a suit filed by its former partner Sphere 3D over a scam-related Bitcoin transfer. According to Gryphon, the incident was caused by Sphere's security failures.

Tornado Cash lawsuit judge sides with US Treasury in motions for summary judgment

[Aug 17, 2023 3:05 PM] Competing motions for summary judgment saw a federal judge rule the U.S. Treasury was within its authority to declare Tornado Cash a sanctioned entity.

Binance.US request for protective order against SEC goes to magistrate judge

[Aug 16, 2023 1:10 PM] The legal team for Binance.US filed a motion for a protective order on Aug. 14, claiming it was necessary to protect the firm from the SEC’s “fishing expedition” during discovery.

Binance seeks protective order against SEC’s ‘fishing expedition’

[Aug 14, 2023 10:03 PM] The exchange claims the SEC's deposition and discovery requests are outside the scope of the regulators lawsuit it filed against Binance.

Superseding indictment against Sam Bankman-Fried includes using $100M for campaign contributions

[Aug 14, 2023 2:35 PM] Sam Bankman-Fried allegedly used more than $100 million in user funds “in campaign contributions to Democrats and Republicans to seek to influence cryptocurrency regulation.”

Sam Bankman-Fried will 'return to his depression' without access to medication, say defense lawyers

[Aug 14, 2023 1:47 PM] According to Sam Bankman-Fried's legal team, he was "only able to bring a small supply” of ADHD medication and antidepressants to jail following the judge revoking his bail.