16 / 19 Relevant items tagged with #Court

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Swiss court gives green light for FTX to sell its European arm

[Apr 12, 2023 11:30 AM] The approval of a petition in Switzerland allowing FTX Europe AG's sale would be in accordance with U.S. bankruptcy court, where FTX's global business filed for Chapter 11.

Core Scientific debtors petition bankruptcy court to approve new president

[Apr 11, 2023 3:50 PM] The debtors appointed Adam Sullivan, a managing director at investment banking firm XMS Capital Partners, to assume the role of president amid the firm’s bankruptcy proceedings.

US share of global crypto developers fell 26% in 5 years — a16z

[Apr 11, 2023 11:30 AM] In 2018, nearly 40% of all crypto developers were based in the United States, whereas in 2022, this figure had fallen to less than 30%.

Celsius Network to make April 12 filing, including info on voting for restructuring plan

[Apr 7, 2023 11:00 AM] "Our Disclosure Statement will provide a summary of the Plan, account-holder recovery percentages, FAQs, and additional information on certain risk factors," said Celsius.

Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder

[Apr 4, 2023 6:30 PM] Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may…

CZ, Binance, influencers face $1B lawsuit for unregistered securities promo

[Apr 1, 2023 11:30 PM] While three American citizens brought in the case, the lawsuit alleges that “millions” of people could be eligible for damages.

South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin

[Apr 1, 2023 12:30 AM] A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna…

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

[Mar 30, 2023 1:30 PM] Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense…

Sam Bankman-Fried pleads not guilty to bribery, charges from superseding indictment

[Mar 30, 2023 10:11 AM] The former FTX CEO’s legal team argued that, although SBF had entered a not-guilty plea, he did not acknowledge the new charges, which included bribing a Chinese government official.

Crypto Exchange Zipmex's Restructuring Plan Approved by Singapore Court

[Mar 30, 2023 9:35 AM]

Bitcoin profits are taxable in certain cases, says Denmark's supreme court

[Mar 30, 2023 9:29 AM] The country's supreme court released two decisions for cases in which different crypto users gained profits from sales of BTC “made for the purpose of speculation” and mining.

Three Arrows Capital's Kyle Davies Ordered to Respond to Subpoena Within 2 Weeks

[Mar 30, 2023 8:58 AM] The court also ruled that the 3AC liquidators' service of a subpoena to Davies via Twitter complied with due process.

British Virgin Islands Court Orders 3AC Founders to Attend Examination on May 22

[Mar 29, 2023 4:17 AM] The 3AC founders will be found in contempt of court if they fail to reply to the order.

Sam Bankman-Fried charged with bribing Chinese officials: Court docs

[Mar 28, 2023 7:42 AM] The former FTX CEO is in hot waters once again, as he is facing a new 13-count indictment from authorities in the United States.

SBF banned from using online messengers under new bail agreement

[Mar 28, 2023 4:35 AM] U.S. prosecutors reportedly agreed to allow Sam Bankman-Fried to stay at home while restricting him from using some electronic devices and apps.

Sam Bankman-Fried's Lawyers, Prosecutors Agree on Proposed Bail Conditions

[Mar 28, 2023 2:31 AM] The FTX founder will be given a new phone without internet access and a laptop with limited functionality.

Binance saw $850M withdrawals before CFTC indictment: Data

[Mar 28, 2023 2:26 AM] In the twelve hours preceding the indictment, almost $1.5 billion of crypto left several centralized platforms, according to Thanefield Capital.

Binance Bitcoin balance drops by 3.4K BTC within 24 hours of CFTC lawsuit

[Mar 28, 2023 2:05 AM] Binance’s Bitcoin balance was reduced by over 3,900 BTC in the past week, of which 3,400 BTC were pulled out in the last 24 hours alone.

Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro

[Mar 26, 2023 12:30 PM] According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being…

Do Kwon to reportedly appeal against court’s decision to extend detention

[Mar 26, 2023 3:51 AM] A legal representative of Kwon confirmed the appeal against the Montenegrin court’s decision to detain the entrepreneur for 30 days longer than usual.

Do Kwon Charged, Due in Montenegro Court for Extradition Hearing: AFP

[Mar 24, 2023 8:32 AM] Terraform Labs founder Kwon was arrested in Montenegro on Thursday for document forgery.

FTX debtors agree to $95M sale of stake in Mysten Labs

[Mar 23, 2023 1:47 PM] The proposed purchase price of the Mysten Labs shares was roughly 95% of the amount FTX Ventures invested as part of a $300-million funding round in September 2022.

In the aftermath of banks’ horrorshow: Law Decoded, March 13–20.

[Mar 20, 2023 2:30 PM] A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down.

FTX debtors file lawsuit against exchange's Bahamian arm on ownership of property

[Mar 20, 2023 10:15 AM] The lawsuit claimed FTX Digital Markets was an "economic nullity" within the FTX Group "created as a front to facilitate a conspiracy to defraud the Debtors’ customers".

SBF shilled FTX risk model to FDIC chairman Gruenberg prior collapse

[Mar 19, 2023 5:28 AM] The invitation was mediated by former CFTC Commissioner Mark Wetjen, who joined FTX US as the Head of Policy and Regulatory Strategy in Nov. 2021.

FTX debtors report $11.6B in claims, $4.8B in assets, with many crypto holdings ‘undetermined’

[Mar 17, 2023 3:16 PM] The presentation reported $25 million in donations — political and otherwise — from three of the FTX silos, but added “limited information” was available on crypto donations.

Binance-Voyager deal to proceed without holdings, NY judge rules

[Mar 16, 2023 3:44 AM] According to Judge Michael Wiles, any protractions with the deal will harm the interests of Voyager’s former clients, who are waiting for the return of their funds.

Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees

[Mar 15, 2023 3:00 PM] FTX's legal counsel requested insurers to advance or reimburse Bankman-Fried's defense costs and fees under the company's directors and officers (D&O) insurance.

Wyoming’s private keys bill addresses growing threat to rights and assets

[Mar 14, 2023 6:53 AM] Wyoming’s new law ensures that courts won’t overstep their authority in requiring individuals to disclose their private keys.

Binance.US, Alameda, Voyager Digital and the SEC — the ongoing court saga

[Mar 13, 2023 1:01 AM] Court cases involving the SEC and some major crypto industry enterprises — Voyager Digital, Alameda Research and Binance.US — have continued to progress in 2023.