15 / 20 Relevant items tagged with #Court

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Brit Gets Prison Time for Twitter Hack Impersonating Biden, Buffett in Bitcoin Scheme

[Jun 25, 2023 10:30 PM] A U.K. citizen has been sentenced by а New York court to five years in prison for his role in a Twitter hack including the hijacking of accounts of U.S. political and business figures. The man is also responsible for the theft of large amounts of…

Judge blocks Bankman-Fried’s attempt to obtain key documents in fraud prosecution: Report

[Jun 23, 2023 1:30 PM] The request was denied by U.S. District Judge Lewis Kaplan, who characterized it as a “fishing expedition” lacking justification.

US Supreme Court halts Coinbase cases in its first crypto ruling

[Jun 23, 2023 9:56 AM] The United States Supreme Court ruled in favor of Coinbase in its first-ever opinion on a cryptocurrency case on June 23.

Binance, Binance.US and CZ allege SEC made ‘misleading’ statements on exchange assets

[Jun 21, 2023 2:39 PM] The legal motion referred to the SEC publicly claiming CZ and Binance could “commingle customer assets or divert customer assets,” despite a court transcript suggesting otherwise.

FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor

[Jun 21, 2023 12:01 AM] The legal fees charged in the first months of FTX’s bankruptcy have been examined by an auditor, who has confirmed the case is “on track to be very expensive.”

Terra’s Do Kwon Receives 4-Month Jail Sentence in Montenegro for Counterfeit Passport Usage

[Jun 19, 2023 10:30 AM] Montenegro’s court has determined that Do Kwon, the co-founder of Terraform Labs, is guilty of using a counterfeit Costa Rican passport. As a result, he has been sentenced to four months in jail for the offense. Do Kwon Sentenced to 122 Days…

Binance, CZ Agree to Repatriate US Customer Assets, SEC Secures Court Order

[Jun 17, 2023 9:30 AM] Binance and the U.S. Securities and Exchange Commission (SEC) struck a deal to avoid the freezing of the crypto exchange’s assets in the United States. Under an emergency relief secured by the regulator, Binance agreed to repatriate to the U.S…

US Judge Considers if Crashed Coins of Terraform Labs Were Securities

[Jun 16, 2023 3:30 PM] A judge in the United States considered on Thursday whether the cryptocurrencies created by Terraform Labs were securities. The failed blockchain firm and its founder, Do Kwon, have asked the court to dismiss a case filed by the U.S. Securities and…

Mango Markets exploiter behind alleged $116M theft will stand trial in December

[Jun 16, 2023 10:30 AM] Avraham Eisenberg faces civil lawsuits from the U.S. Commodity Futures Trading Commission, Securities and Exchange Commission and Mango Markets and criminal charges from the DoJ.

Judge will consider whether to try Sam Bankman-Fried separately for superseding charges: Report

[Jun 15, 2023 2:07 PM] Prosecutors said they were prepared to try SBF on his original eight-count indictment starting in October, with the remaining five charges to be decided by Judge Lewis Kaplan.

Judge Postpones Asset Freeze as Binance US and SEC Agree to Work on Deal

[Jun 14, 2023 12:00 PM] A judge in Washington decided to give Binance US and the Securities and Exchange Commission (SEC) time to work out a deal to avoid the freezing of the exchange’s assets. The two sides are close to an agreement that will protect customer funds…

Bankrupt Crypto Exchange Bittrex U.S. Set to Allow Withdrawals Starting Thursday

[Jun 14, 2023 2:48 AM] The move follows a Tuesday ruling from a Delaware court.

SEC asks for more time to respond to Coinbase call for crypto clarity

[Jun 13, 2023 6:50 PM] The securities regulator said it would make a recommendation within 120 days on Coinbase’s rulemaking request, but says the action has “no merit.”

SEC and Binance seek compromise on US assets freeze

[Jun 13, 2023 11:33 AM] Binance.US would have to transfer all U.S.-based assets to new wallets but would be allowed to pay its bills under a proposed consent order.

Asset Freeze to Halt Binance US Operations, Exchange Says, Seeks Rejection of SEC Request

[Jun 13, 2023 8:30 AM] Crypto exchange Binance US has urged a federal judge to reject a request by the U.S. securities regulator to freeze its assets. The company won’t be able to maintain the trading platform or pay employees and vendors, defense attorneys said in a…

US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital

[Jun 12, 2023 9:03 AM] Vice Chancellor J. Travis Laster of the Delaware Court of Chancery said Galaxy had a “clean termination right” to the acquisition of BitGo, which it announced in 2022.

FTX argues releasing ‘valuable’ customer list will harm its sale value

[Jun 8, 2023 11:35 PM] Releasing the nine million-strong list of customers would “impair” the ability to maximize value for FTX creditors, a banker for the exchange said.

SEC's crypto actions surged 183% in 6 months after the FTX collapse

[Jun 8, 2023 5:20 AM] The regulator stepped up enforcement actions in the crypto space following the revelations that took place around FTX.

Do Kwon could serve prison in both US and South Korea, prosecutor says

[Jun 7, 2023 11:10 PM] South Korean prosecutor Dan Sunghan says Kwon’s extradition to South Korea makes more sense but adds that the Terraform Labs co-founder could also serve time in the United States as well.

EMAX class action against Kim K and Mayweather is back on, says judge

[Jun 7, 2023 10:50 PM] While a federal judge dismissed the lawsuit last year, U.S. District Judge Michael Fitzgerald has given the plaintiffs a new chance at pursuing action against the celebrities.

SBF upset by criminal trial's late evidence while FTX seeks sale of AI stock

[Jun 6, 2023 10:47 PM] Over 3.6 million documents have yet to be produced by prosecutors in the criminal trial of Sam Bankman-Fried, according to his lawyers.

Binance.​US says user funds ‘remain safe’ amid SEC attempt to freeze assets

[Jun 6, 2023 5:05 PM] The U.S.-based exchange said it is “fully operational” and called the Securities and Exchange Commission’s motion “unwarranted.”

Increasing number of divorce proceedings involve crypto

[Jun 1, 2023 7:45 AM] Lawyers say they are seeing an increasing number of divorce settlements featuring digital assets.

Researchers propose new scheme to help courts test deanonymized blockchain data

[May 30, 2023 3:30 PM] A team of researchers proposed five “argumentative schemes” designed to protect the rights of crypto crime suspects while also helping investigators.

US district judge sends matter of FTX independent examiner to appellate court

[May 30, 2023 1:00 PM] A bankruptcy judge denied a motion for an independent examiner in February, leading to an appeal that may now go to the U.S. Court of Appeals for the Third Circuit.

Gemini considers forbearance after DCG defaults on a $630M payment

[May 22, 2023 3:05 AM] Gemini is planning to file a new motion with the court seeking the return of $1.1 billion of digital assets from DCG-owned Genesis.

Wife finds husband’s Bitcoin stash amid divorce proceedings

[May 21, 2023 2:20 AM] The woman initially suspected that her husband — who earned $3 million per year — did not reveal all his assets, which would get split between the two during the divorce.

FTX Units Sue Embed Shareholders, Seek to Retrieve $6.9M

[May 18, 2023 3:35 AM] Alameda alleges that Bankman-Fried and other insiders paid Embed misappropriated FTX funds in late September 2022, only weeks before the crypto exchange filed for bankruptcy.

Montenegro prosecutors appeal against Do Kwon’s bail terms

[May 18, 2023 2:44 AM] Case files on the prosecutors’ appeal were sent to the Supreme Court in Podgorica for a decision.

Breaking: Court victory for Ripple as judge denies SEC motion to seal Hinman docs

[May 16, 2023 4:27 PM] United States District Judge Analisa Torres made the order on May 16 in a win for Ripple.