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Litigation

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.

FTXCollapse   -   Dec 29, 2022 SBF Released for $250 Million. FTX Collapse Update
SBF released on bail. Source: cryptopolitan.com

Earlier this month SBF was arrested in the Bahamas. The first hearing took place and he was released on a $250 million bond package. Here comes an update to the story.

Litigation   -   Dec 23, 2022 Celsius. Sale of Company Assets and Galaxy Digital Deal
Celsius Bankruptcy presentation December 2022

Celsius' bankruptcy court got updated asset values and engaged in the operational asset sell-off.

Core Scientific Disables Mining Machines for Celsius
Stablecoins   -   Jan 09, 2023 Core Scientific Disables Mining Machines for Celsius

It transpired that on January 3, Bitcoin miner Core Scientific and Celsius reached an agreement to disable more than 37 thousand mining machines.

Alex Harutunian
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Stablecoins   -   Jan 09, 2023 Core Scientific Disables Mining Machines for Celsius
Core Scientific Disables Mining Machines for Celsius

It transpired that on January 3, Bitcoin miner Core Scientific and Celsius reached an agreement to disable more than 37 thousand mining machines.

Alex Harutunian
FTXCollapse   -   Dec 29, 2022 SBF Released for $250 Million. FTX Collapse Update
SBF released on bail. Source: cryptopolitan.com

Earlier this month SBF was arrested in the Bahamas. The first hearing took place and he was released on a $250 million bond package. Here comes an update to the story.

Sasha Markevich
Litigation   -   Dec 23, 2022 Celsius. Sale of Company Assets and Galaxy Digital Deal
Celsius Bankruptcy presentation December 2022

Celsius' bankruptcy court got updated asset values and engaged in the operational asset sell-off.

Alex Harutunian
FTXCollapse   -   Dec 14, 2022 SBF Goes To Jail?
Sam Bankman-Fried, the ex-CEO of FTX, has been arrested

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.

Sasha Markevich
Litigation   -   Dec 13, 2022 Celsius. Resolution on the First Payments
Celsius. Resolution on the First Payments

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.

Alex Harutunian
Litigation   -   Dec 10, 2022 Cancellation of Arrests of Terra Employees. The Story Continues
Cancellation of Arrests of Terra Employees. The Story Continues

A South Korean judge, Hong Jin-Pyo, has cancelled the arrest warrants for Terra employees.

Alex Harutunian
FTX   -   Dec 01, 2022 How Is it going, FTX?
How Is it going, FTX?

The collapse of FTX has had a huge impact on the whole crypto industry. Let’s check out how it is all going almost one month after the crash.

Sasha Markevich
Litigation   -   Nov 22, 2022 Celsius. Continuation of the Bankruptcy Case.
Celsius. Continuation of the Bankruptcy Case.

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.

Alex Harutunian
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