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Binance blocks some accounts amid Bitzlato case: ‘Funds are safe’
30.1.2023
Binance says it has already unblocked 90% of crypto accounts that were suspended due to the Bitzlato investigation
FTX Seeks to Remove Turkish Units From Bankruptcy Case
30.1.2023
The U.S. estate of the bankrupt crypto exchange doesn’t reckon the Turkish authorities are going to cooperate, after their seized local assets in November
FTX Lawyers Attempt to Question Bankman-Fried’s Family and Inner Circle for Financial Insight
27.1.2023
According to court documents in the FTX bankruptcy case, the company’s attorneys seek to subpoena FTX co-founder Sam Bankman-Fried, his brother Gabriel Bankman-Fried, and his parents, Joseph Bankman and Barbara Fried. Additionally, the attorneys intend to question some...
FTX lawyers to reap millions from the bankruptcy case: Report
27.1.2023
FTX’s legal team from Sullivan & Cromwell has 150 people on the bankruptcy case, with thirty partners reportedly charging more than $2,000 per hour
Polkadot restates its case that DOT has ‘morphed’ away from security status
26.1.2023
The Web3 Foundation has reminded the world that, in its eyes, it has conformed to SEC requirements and DOT should no longer be considered a security
At World Economic Forum This Year, Panels Debated Blockchain 'Case Studies'
24.1.2023
In efforts to avoid association with the FTX collapse, conversations shifted away from "crypto" and more to specific applications of the underlying blockchain technology
XRP Price Prediction as Ripple Lawsuit Set to Conclude in 2023 – Can XRP Reach $10 if Ripple Wins the Case?
23.1.2023
The XRP price has risen by nearly 5% in the past 24 hours, reaching $0.425152 after a week in which Ripple CEO Brad Garlinghouse predicted that the firm's lawsuit with the SEC will end in 2023. The altcoin's current price represents a 10% gain in a week and a 20% rise in the last 30 days, pushed...
Genesis bankruptcy case scheduled for first hearing
22.1.2023
The first hearing in Genesis Capital's bankruptcy case will be held on January 23, according to court filings
Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX
21.1.2023
On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FTX US compliance officer. During a Zoom presentation, Friedberg claimed there was a conflict...
First Hearing in Genesis Bankruptcy Case Set For Monday
21.1.2023
Genesis' first hearing in its bankruptcy case is set for January 23
New FTX CEO Discusses Possibility of Rebooting Defunct Crypto Exchange in First Interview Since Taking Over
19.1.2023
Following recent disclosure that FTX debtors and bankruptcy administrators located $5.5 billion in liquid assets, the new FTX CEO John J. Ray III discussed the business in his first interview since taking over the exchange’s restructuring process. Ray detailed during the interview that he...
FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate
18.1.2023
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief restructuring officer, John J. Ray III, met with...
Sao Paolo Court Ruled Against Binance in User Withdrawal Related Case
18.1.2023
A court in Sao Paolo, Brazil, ruled against Binance in a case in which the leading cryptocurrency exchange faced a withdrawal-related complaint. A user, who introduced a lawsuit against the exchange because he couldn’t retrieve his funds from the platform, received almost $2,000 in damages...
Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange
15.1.2023
The body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be Polish. The trading platform also misled customers that it was operating with the regulatory approval of the financial authorities in the country. Belize-based...
Belarusian Fined $1 Million for Illegal Crypto Trading
13.1.2023
A Belarusian citizen will have to pay a hefty fine for illegally organizing the exchange of cryptocurrencies online. Law enforcement authorities in the country, where certain crypto activities are legal, do not plan to impose other penalties besides the administrative measure. Cryptocurrency Trader...
Cryptocurrency Exchanges Still Fighting Private Banks for Right to Open Bank Accounts in Chile
13.1.2023
The conflict between banks and cryptocurrency exchanges in Chile is still developing, as some banks are reticent to serve this kind of institution. A new report prepared by exchanges reports that most of these banks refuse to include crypto companies as customers for risks that are nevertheless...
Ex-Coinbase Manager’s Brother Sentenced to Prison in Crypto Insider Trading Case
12.1.2023
A former Coinbase employee’s brother has been sentenced to 10 months in prison in what the U.S. Department of Justice (DOJ) called a “groundbreaking cryptocurrency insider trading case.” ‘Groundbreaking’ Crypto Insider Trading Case The U.S. Department of Justice (DOJ)...
Ooki DAO misses lawsuit response deadline, default judgment on the cards
12.1.2023
The commodities regulator has begun the process of getting a court ruling on the Ooki DAO case after the latter failed to respond to the lawsuit by the deadline
FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges
11.1.2023
As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 2023, FTT has risen 28.42% and currently sits above the $1 range, following a dip below that...
The Weirdest Nintendo Switch Accessories You Can Buy
11.1.2023
Nintendo hardware has long leaned into the weirdest ends of gaming. In turn, accessories for the company’s peculiar consoles have gone even further into the realms of the downright peculiar. With the announcement of the fantastic-looking Nyxi GameCube controller for the Nintendo Switch, recreating...