Two court cases before the U.S. Supreme Court could impact the blockchain industry, taking power away from agencies like the SEC.
The latest overruling by the Appellate Court of Montenegro marks another event in the long history of Kwon’s extradition process after his arrest in March 2023.
The former FTX CEO’s mother, father, and brother all wrote letters to Judge Lewis Kaplan suggesting that SBF’s lack of social awareness could lead to problems in prison.
Though potentially facing up to 110 years in prison, Sam Bankman-Fried could be sentenced by Judge Lewis Kaplan to 15-25 years based on his case, according to some lawyers.
The SEC’s suit against Kraken has “has no limiting principle” and gives the agency too wide of an authority, the crypto exchange argues.
Filings suggested that Genesis Global Holdco held roughly $1.6 billion worth of shares of Grayscale Bitcoin Trust, Grayscale Ethereum Trust and Grayscale Ethereum Classic Trust.
The U.S. Securities and Exchange Commission admitted to not being “accurate and candid” in its filings related to Debt Box, later petitioning the court to drop the case.
The Appellate Court of Montenegro previously canceled Kwon’s extradition approval to either the United States or South Korea in mid-December 2023.
According to DCG, Genesis’ proposed bankruptcy plan pays creditors “hundreds of millions of dollars more” than the amount of the petition.
South Korean prosecutors announced the arrests of Haru Invest CEO and two other execs two days after Haru posted another “no information” update.
One of the men behind BTC-e, a now-defunct crypto exchange once popular with cybercriminals and money launderers, has been arrested and charged in the U.S., the Department of Justice (DOJ) said Thursday.
HyperVerse was a nearly $2 billion fraudulent crypto investment scheme with a fake CEO at its helm, the U.S. Securities and Exchange Commission (SEC) and a grand jury allege in a lawsuit and criminal indictments against two of its leaders.
According to the Third Circuit, an independent investigation by an examiner will let the court “consider the greater public interest” in ruling on FTX’s reorganization plan.
The future of media, artificial intelligence, and U.S. copyright law could all hang in the balance.
As of Jan. 9, Torrey Young and Marc Mukasey of Mukasey Young LLP said they represented the former FTX CEO.
Fintech firm Dave will purchase a convertible promissory note worth $100 million at a discounted rate, paying $71 million to FTX liquidators. Court approval is pending for the deal.
The commission acknowledged it had not been “accurate and candid” in earlier filings but said sanctions were not warranted, as its staff didn’t engage “in any bad faith conduct.”
Sam Bankman-Fried asked for a four- to six-week adjournment of proceedings, but the judge said he could have spoken up before.
The SEC chair could be softening his stance on Bitcoin ETFs following the Grayscale court victory, but if so, he hasn’t admitted it outright.
UK senior judges have published a set of AI guidelines for the judiciary to follow, which advises how to use AI and warns of the potential risks of using the technology in trials.
The Hong Kong-based crypto exchange had no KYC and was a major support for the darknet marketplace Hydra.