Follow the latest litigation cases affecting the blockchain and cryptocurrency sectors and understand their potential impact on regulations and market dynamics.
Litigation
Follow the latest litigation cases affecting the blockchain and cryptocurrency sectors and understand their potential impact on regulations and market dynamics.
Sam Bankman-Fried, the ex-CEO of bankrupt crypto trading firm FTX, has been arrested in the Bahamas. He is accused of lying to investors and violating the law starting from the founding of FTX in 2019.
The December hearings in the Celsius bankruptcy case brought us some important news. Firstly, the company's exclusivity period has been extended to February 15, 2023, secondly, Celsius must return $44 million to its customers, and the KERP bonus program was approved by the court.
Sam Bankman-Fried, the ex-CEO of bankrupt crypto trading firm FTX, has been arrested in the Bahamas. He is accused of lying to investors and violating the law starting from the founding of FTX in 2019.
The December hearings in the Celsius bankruptcy case brought us some important news. Firstly, the company's exclusivity period has been extended to February 15, 2023, secondly, Celsius must return $44 million to its customers, and the KERP bonus program was approved by the court.
The court has set a deadline for filing lawsuits against Celsius, January 3 2023, for all who suffered from the bankruptcy of the company. An independent expert also presented her first report.
On the first of November, the next meeting on the Celsius bankruptcy case took place. The key note of this meeting was a decree from a Federal judge to conduct an investigation, which would show whether Celsius worked under a Ponzi scheme.
The request for an investigation was the result
According to the Korean Broadcasting System (KBS), the South Korean prosecutor's office has received evidence of price manipulation of the collapsed stablecoin by Do Kwon. Against the background of these events, Kwon appears live on Twitch.
