Search
'You can commit fraud in shorts and T-shirts in the sun,' says SDNY attorney on SBF indictment
13.12.2022
Damian Williams called on individuals who may have been involved in alleged illegal actions at FTX and Alameda to “come see us before we come see you,” hinting at future arrests
$1.6B FTX International Customers Group Hires Law Firm to Create Official Bankruptcy Committee
13.12.2022
There is “irreconcilable conflict" between the interests of FTX's international customers and those of other creditor groups, said Eversheds Sutherland Partner Sarah Paul
Today in Crypto: Binance Introduces 'Pay', Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber, Serena Williams...)
13.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Binance Introduces 'Pay', Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber...
CFTC files lawsuit against Sam Bankman-Fried, FTX, and Alameda for fraud
13.12.2022
According to the federal regulator, SBF and FTX companies "used FTX customer funds for a variety of personal expenditures" including real estate and private jets
Coinbase Report Reveals Significant Surge in Global Law Enforcement Inquiries – Here’s Why
13.12.2022
The US-based crypto exchange Coinbase has seen a 66% increase in requests from law enforcement this year compared to last year, a new report has revealed.
According to the report, published by Coinbase on Monday, the rise this year pushed the total number of requests received this year...
Bahamas reportedly asked SBF to mint new coin after FTX collapse
13.12.2022
The FTX collapse has reportedly fueled a major international legal dispute between the United States and the Commonwealth of the Bahamas
Fugitive Do Kwon Now Staying in Serbia Report Says — Terraform Labs CEO Suggests SBF Is to Blame for UST Depeg
12.12.2022
A new report has claimed that Do Kwon, the fugitive CEO of Terraform Labs, is currently staying in Serbia. The report added that the South Korean government has engaged the Serbian government regarding the matter. Meanwhile, Kwon has accused Sam Bankman-Fried and Alameda Research of orchestrating...
Coinbase report shows dramatic increase in law enforcement enquiries worldwide
12.12.2022
The crypto exchange says the overall number of enquiries is up 66%, with the United States producing the most by far; the U.S., and three European countries made 80% of all requests
SBF misses the Senate hearing but promises to testify to the House: Law Decoded
12.12.2022
Sam Bankman-Fried is willing to testify before the Financial Services Committee of the U.S. House of Representatives on Dec. 13
Coinbase Says Law Enforcement Requests Rose 66% From Year Ago
12.12.2022
The number of requests from the U.S., which accounted for about 43% of the total, increased by 6%
Former top SEC crypto regulator hired by Caroline Ellison
11.12.2022
Ex-Alameda Research head will be represented by Stephanie Avakian and a team of attorneys from WilmerHale
Another Member of Russian Crypto Pyramid Finiko Arrested in UAE
11.12.2022
Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi scheme which defrauded thousands of investors around the world. This is the second arrest in the Gulf state of a high-ranking member of the pyramid announced...
Sam Bankman-Fried’s parents no longer on the Stanford Law School roster
11.12.2022
Joseph Bankman and Barbara Fried have started facing professional consequences for their child Sam Bankman-Fried's illegal actions
Judge Dismisses Crypto Lawsuit Against Kim Kardashian
11.12.2022
A class action lawsuit against Kim Kardashian and Floyd Mayweather Jr. over their promotion of crypto token ethereummax has been dismissed. The judge stated that the law “expects investors to act reasonably before basing their bets on the zeitgeist of the moment.” Crypto Lawsuit Against...
Yuga Labs, Moonpay faces lawsuit over celebrities NFT promotion
10.12.2022
Over 40 people and companies are named as defendants in the lawsuit, including Paris Hilton, Snoop Dog, Jimmy Fallon, Justin Bieber, Madonna
Gensler’s approach toward crypto appears skewed as criticisms mount
10.12.2022
While the SEC chairman has promised to make crypto safer for everyone, the recent slew of company collapses seems to suggest otherwise
Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported
10.12.2022
The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal regimes in Russia, as an exception. Russia’s Central...
Russia’s Interior Ministry Employs Tool to Identify Crypto Wallet Owners, Track Transactions
10.12.2022
The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to link cryptocurrency wallets to their owners. The software also has a feature facilitating the monitoring of crypto asset transactions, the department told Russian media. Russian Police Brag About New Crypto...
Who’s expected to testify before Congressional hearings on FTX?
9.12.2022
FTX CEO John Ray, actor Ben McKenzie and law professor Hilary Allen have been confirmed, while SBF, Kevin O'Leary, and Alameda CEO Caroline Ellison could still testify
Paraguayan Cryptocurrency Law Shelved After Presidential Veto
9.12.2022
The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring order to crypto mining and exchange activities in Paraguay, was ultimately dropped after failing to obtain the votes needed to reject the presidential...