[Jan 27, 2023 6:49 AM] FTX’s legal team from Sullivan & Cromwell has 150 people on the bankruptcy case, with thirty partners reportedly charging more than $2,000 per hour.
[Jan 26, 2023 12:00 PM] Joseph Bankman, Barbara Fried and Gabriel Bankman-Fried could reportedly face questions in bankruptcy court about any financial benefits they may have received from FTX.
[Jan 26, 2023 12:02 AM] The lawsuit marks the fourth time the Mango Markets exploiter has been hit by charges or lawsuits relating to his attack on the DeFi protocol.
[Jan 24, 2023 7:33 PM] The documents previously censored financial information relating to FTX and Alameda Research, but uncensored copies were released by mistake.
[Jan 24, 2023 6:13 PM] Grayscale had expected it wouldn’t be able to voice arguments until the second quarter, and is calling the quicker timeline “welcome news.”
[Jan 24, 2023 5:33 AM] Amid Genesis going through its first bankruptcy hearings, a group of creditors have slapped the firm with a new class action lawsuit.
[Jan 16, 2023 4:18 AM] A ruling from local courts has Bithumb liable to pay just over $200,000 in damages to the 132 investors which filed against the cryptocurrency exchange.
[Jan 13, 2023 11:30 PM] More than $17 million in restitution will be distributed among investors in the pyramid scheme Bitconnect under a court order in the United States. The notorious crypto investment scheme defrauded thousands of people around the world. Bitconnect…
[Jan 13, 2023 3:30 PM] The former CEO of FTX, Sam Bankman-Fried (SBF), has published a Substack newsletter on Jan. 12, 2023, and the first post is titled “FTX Pre-Mortem Overview.” In the post, SBF maintains that an “extreme, quick, targeted crash…
[Jan 13, 2023 6:15 AM] Nexo has denied reports that the firm has experienced massive outflows amid office raids and an ongoing investigation against the firm.
[Jan 13, 2023 3:00 AM] A Belarusian citizen will have to pay a hefty fine for illegally organizing the exchange of cryptocurrencies online. Law enforcement authorities in the country, where certain crypto activities are legal, do not plan to impose other penalties…
[Jan 12, 2023 5:00 PM] A federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball stadium. The sports venue was branded FTX Arena as part of a multi-year, multi-million dollar sponsorship deal between the now-bankrupt…
[Jan 11, 2023 6:10 PM] The commodities regulator has begun the process of getting a court ruling on the Ooki DAO case after the latter failed to respond to the lawsuit by the deadline.
[Jan 9, 2023 1:30 AM] Authorities in Vietnam have caught and sentenced a hacker who stole money and data from a local cryptocurrency exchange. The man, who was arrested and charged for extorting the trading platform’s owner, has been ordered to return the money…
[Jan 5, 2023 7:03 AM] FTX’s former compliance chief Daniel Friedberg started working for Sam Bankman-Fried in 2017 and resigned from FTX days before the exchange collapsed.
[Jan 4, 2023 2:34 PM] With the prolonged bear market in crypto ongoing, one will think most people should be losing money. While that is true, another thing also true is the increase in crimes in the bear market. On today’s news, the ex-chief financial officer has…
[Jan 4, 2023 1:43 AM] Judicial rulings require Iranian authorities to release a part of the 150,000 crypto mining equipment previously seized due to energy concerns.
[Dec 31, 2022 4:52 AM] Following a court hearing on Dec. 22, SBF was released on bail and is slated to appear on court on Jan.3 before U.S. District Judge Lewis Kaplan in Manhattan.
[Dec 28, 2022 11:30 AM] A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the bankruptcy case in Delaware, seeks a court ruling recognizing that their…
[Dec 28, 2022 7:24 AM] Plaintiffs have alleged that the products have not been registered, which prevented them from receiving disclosures to better assess the risks of using Gemini Earn.
[Dec 27, 2022 9:29 PM] An affidavit by the FTX founder revealed Alameda funded the purchase of Robinhood shares which were later used as collateral for Alameda to secure a loan from BlockFi.
[Dec 25, 2022 11:30 PM] The U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders with conducting an unregistered securities offering. In 2018, the company minted and sold tokens to raise funds for its ‘gig economy platform,’ the…
[Dec 23, 2022 11:13 PM] Judge Abrams’ withdrawal from the FTX case eradicates any conflict of interest in the FTX case because Andres continues to serve as a partner at Davis Polk & Wardwell, a law firm that advised FTX in 2021.
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