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Crypto Biz: The 3AC saga takes another bizarre twist
22.7.2022
Once the most revered hedge fund in crypto, Three Arrows Capital has gone bust. As it turns out, its holdings of Deribit shares may be much smaller than reported
Crypto use an aggravating factor for sentencing: Aussie court study
21.7.2022
Offenders that use cryptocurrency for illegal activity in Australia are more likely to receive a tougher sentence
Source claims 3AC's Deribit exposure is worth much less than reported
19.7.2022
The creditors of Three Arrows Capital may be left holding the bag, according to a source who claims the hedge fund's exposure to Deribit is only worth $25 million
Three Arrows Owes Polkadot Developer Moonbeam Foundation Over $27M, Court Documents Show
19.7.2022
The fund was also engaged as a “consultant for Moonbeam-based glimmer and Moonriver-based river tokens, court documents show
Crypto Trading Firm TPS Capital Denied Ties to Insolvent Three Arrows. Court Documents Indicate a Connection
19.7.2022
TPS Capital claims it's independent of Three Arrows, but legal disclosures as part of bankruptcy proceedings show a web of transactions and familiar faces between the two firms
South African Court Releases Former Monero Developer Riccardo Spagni From Custody
18.7.2022
A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni aka Fluffypony told the court he had returned...
SEC dismisses claims against John McAfee, fines accomplice for ICO promo
16.7.2022
On October 5, 2020, the SEC alleged that McAfee and Watson promoted ICO investments on Twitter without disclosing that they were paid for them
Three Arrows Liquidators Ask Singapore Court to Recognize Company's BVI Bankruptcy: Straits Times
15.7.2022
Media in Singapore are reporting that Three Arrows’ liquidators are working to get Singaporean courts to recognize the British Virgin Islands (BVI) liquidation order
UK court allows lawsuit to be delivered via NFT
13.7.2022
Civil Procedure Rules in the U.K. have previously allowed for lawsuits to be served using Instagram, Facebook, and a contact form on a website
UK Court Allows Civil Case Claimant to File NFT Legal Documents
13.7.2022
Non-fungible tokens (NFTs) have found a way into the British legal system – just weeks after a similar development in the United States.
Per the legal firm Giambrone & Partners, the High Court of England and Wales granted Fabrizio D’Aloia, an Italian engineer and the Founder of the online gambling...
UK Court Allows Serving of Suits Via NFTs
13.7.2022
The ruling by a U.K. judge will allow legal proceedings against otherwise anonymous persons through their wallet addresses
US Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital’s Assets
13.7.2022
A federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put the world on notice that it is the liquidators that are controlling the debtor’s assets at this stage.” Bankruptcy Judge...
U.S. Bankruptcy Court Approves Foreign Administrator for Three Arrows Capital's Debt
12.7.2022
The beleaguered hedge fund has been ordered to be liquidated in the British Virgin Islands
Court Grants Three Arrows Creditors Emergency Hearing as Founders Accused of Not Cooperating With Liquidation Proceeding
11.7.2022
Three Arrows Capital’s Su Zhu and Kyle Davies are said not to be cooperating as fears mount that the fund’s remaining assets could be “transferred or otherwise disposed of” before creditors get their share
Web3 activists fight for reproductive rights with NFTs, DAOs and protests
8.7.2022
The Web3 community has launched a number of initiatives to raise funds and awareness for women’s reproductive rights following the overturn of Roe v. Wade
Keyfi Founder Sues Celsius — Says Crypto Lender’s Entire Portfolio Had ‘Naked Exposure to the Market’
8.7.2022
On July 7, 2022, the pseudonymous non-fungible token (NFT) collector known as “0xb1” published a Twitter thread that discusses the collector’s true identity and his relationship with the crypto lending firm Celsius. According to 0xb1, otherwise known as Jason Stone, his team...
Bombshell allegations of fraud as KeyFi takes Celsius to court
8.7.2022
KeyFi Inc.’s complaint alleges that Celsius failed to honor a multi-million dollar profit sharing agreement after deploying numerous successful staking and DeFi strategies for the firm
First Mover Asia: Three Arrows Capital Court Order Reveals Interesting Details; Bitcoin Soars Past $21.5K
8.7.2022
Roskomnadzor Media Watchdog Unblocks Leading Russian Crypto News Outlet
7.7.2022
Russia’s mass media regulator, Roskomnadzor, has restored access to a major Russian crypto news portal. Bits.media was recently blocked as a result of proceedings in a regional court that its representatives were not even summoned to attend. Crypto News Site Bits.media Again Available...
Beijing Court Rules in Case Involving a Man Who Refused to Be Paid in USDT Instead of Fiat
7.7.2022
A Chinese tech worker who refused to be paid in tether (USDT) and insisted on receiving fiat yuan has won his case against his former employers.
Per the Workers’ Daily, a branch of the People’s Court in the Chaoyang District of Beijing heard a civil case involving a now-defunct IT company and...