Former FTX CEO Sam Bankman-Fried declares districtattorneys haveactually missedouton discovery duedates for secret pieces of proof needed in the defense of a raft of scams charges. On June 5, Bankman-Fried’s legalrepresentatives informed United States District Judge Lewis A. Kaplan in a letter that the federalgovernment had not turned over all of the contents of 5 […]
Terraform Labs co-founder Do Kwon hasactually been approved bail in Montenegro after an appeals procedure by districtattorneys was dismissed by a Montenegrin court on June 2. According to an authorities release from the Basic Court in Podgorica, an appeal versus an earlier bail arrangement by the State Prosecutor’s Office was cast aside, enabling Kwon and Terraform Labs’ […]
The Blockchain Association and the DeFi Education Fund have endupbeing the newest market supporters to file their assistance of Coin Center’s suit versus the United States Treasury over its “unlawful” sanctions aga Tornado Cash. On June 2, the 2 cryptocurrency market advocacy groups submitted a joint amicus short in assistance of Coin Center, arguing that […]
The Metropolitan Museum of Art (Met) is set to return $550,000 in contributions it got from crypto exchange FTX previous to its collapse in November. The New York-based museum verified its objective to payback the funds to FTX debtors in a filing to the United States Bankruptcy Court in Delaware on June 2 — the […]
Just a month after insolvent cryptocurrency exchange FTX was lookingfor $4 billion from the likewise insolvent crypto loanprovider Genesis, it is now objectingto a claim that it is entitled to absolutelynothing. According to a June 2 court filing in a New York Bankruptcy Court, the FTX debtors haveactually raised an objection to Genesis’ estimate that […]
A group of scientists from Friedrich-Alexander-Universität Erlangen-Nürnberg justrecently released a paper detailing approaches detectives and courts can usage to identify the credibility of deanonymized information on the Bitcoin (BTC) blockchain. The group’s preprint paper, “Argumentation Schemes for Blockchain Deanonymization,” lays out a plan for carryingout, confirming and providing examinations into criminaloffenses including cryptocurrency deals. While the […]
A New York lawyer hasactually been blasted for utilizing ChatGPT for legal researchstudy as part of a claim versus a Columbian airlinecompany. Steven Schwartz, an lawyer with New York law company Levidow, Levidow & Oberman, was engaged by Robert Mata to pursue an injury claim versus Avianca Airlines. Mata declares he continual the injury from […]
The divorce procedures of a New York couple took a turn after a forensic accountingprofessional assisted track down the hubby’s 12 Bitcoin (BTC) stash, which he meant to conceal from his betterhalf. The couple in concern were married for 10 years, however the male’s otherhalf believed that her spouse did not expose all his properties, […]
A nonfungible token (NFT) influencer got served with a settlement need through NFT, which delicately dropped the “F bomb” anumberof times and alleged the influencer engaged in wire scams “at a minimum” on a current $7 million token presale. Lawyer Mike Kanovitz, a partner at Loevy & Loevy, took to Twitter on May 20 to state […]
FTX’s leadership is looking to claw back more than $240 million from insiders and executives that benefited from FTX’s “wildly inflated” acquisition of stock-clearing platform Embed in September. Cointelegraph reported yesterday that a lawsuit was filed against former FTX CEO Sam Bankman-Fried and other top FTX insiders on May 17 concerning the Embed acquisition, which […]
Defense attorney and previous federal districtattorney, James K. Filan, anticipates the notorious Hinman Speech files to be launched to the public by June 6, pointingout a previous court order. The Hinman files relate to a 2018 speech from previous Securities and Exchange Commission (SEC) corporation financing department director Bill Hinman, who basically mentioned that Ether (ETH) […]
A movement from the United States securities regulator to seal the questionable Hinman Speech files hasactually been rejected — a relocation that hasactually been seen as a win for the Ripple and crypto neighborhood. The U.S. Securities and Exchange Commission submitted the movement to seal the files on Dec. 22, 2022, arguing that its objective […]