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Tag: bankruptcy proceedings

Convicted Bankman Fried Sentenced to 25 Years in Jail – CryptoCurrencyWire

The cofounder of the now-collapsed cryptocurrency exchange FTX, Sam Bankman-Fried, received a 25-year prison term for deceiving investors and customers. The verdict marks the...

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🔴Ethereum ETFs Delayed | This Week in Crypto – Mar 11, 2024

Bitcoin hits an all time high, Ethereum fees skyrocket with memecoin mania, and is Tesla buying Bitcoin again? These stories and more, this week...

Montenegro blocks Do Kwon extradition again following successful appeal

Terraform Labs co-founder Do Kwon’s extradition to the US was annulled by the Appellate Court of Montenegro, according to a Mar. 5 notice on...

SEC scrutinizes Terraform Labs’ US$166 mln legal retainer

The U.S. Securities and Exchange Commission (SEC) has challenged Terraform Labs’ massive legal retainer amid bankruptcy proceedings, alleging potential misuse of funds and conflict...

FTX/Alameda’s Crypto Portfolio Valued at $1.19 Billio

Lookonchain's analysis outlines the $1.19 billion worth of cryptocurrency holdings by bankrupt FTX/Alameda, with the FTT token leading at $482.98 million. As the crypto...

S&C Under Fire: FTX’s Bankruptcy Legal Counsel Faces Lawsuit

The collapse of the digital asset exchange FTX has sparked a legal firestorm, with investors taking aim at Sullivan and Cromwell (S&C), the law...

U.S. Court Approves Genesis Plan To Sell $1.6B In GBTC Shares – The Defiant

The ruling follows Genesis settling with the SEC and NYAG earlier this month.The saga resulting from the high-profile CeFi failures of the 2022 bear...

Genesis Granted Approval To Sell $1.6 Billion In GBTC Shares

Genesis Global Holdco LLC, a prominent player in the digital asset lending sector, has received court approval to sell off its holdings in Grayscale’s...

Cloud TV Service Boss Sentenced to 3 Years Prison Plus $505,000 Damages

Home > Lawsuits > IPTV and Streaming > Launched in 2007, TVkaista allowed users to record live TV broadcasts and store them in...

NYAG raises DCG, Genesis lawsuit to $3B amid conflicting settlement reports

The New York Attorney General’s Office (NYAG) raised its fraud claims against Digital Currency Group (DCG) and related parties on Feb. 9.The NYAG’s lawsuit...

Genesis Seeks To Sell $1.4B GBTC Amid Ongoing Legal Turmoil

In a recent development, Genesis, a bankrupt digital asset lending firm, has formally petitioned a United States Bankruptcy Court for an approval to sell...

Weekly Recap: Crypto Enforcement, Ripple Hack, And FTX Plans – CryptoInfoNet

This week saw a surge in global crypto enforcement actions, with the U.S., Germany and Hong Kong taking center stage. Ripple co-founder and chairman...

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