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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.

Litigation   -   Jan 24, 2024 3AC Co-founder Su Zhu Apparently Enjoyed His Stay in Prison
3AC Co-founder Su Zhu Apparently Enjoyed His Stay in Prison

The notorious hedge fund co-founder said that nearly three-month-long imprisonment in Singapore was an “enjoyable experience.”

Scam   -   Jan 23, 2024 God Made Colorado Pastor Scam his Flock
God Made Colorado Pastor Scam his Flock

Online pastor Eli Regalado fleeced his flock to the tune of $3 million based on the promise (from God) of a 10x return. Naturally, the money is now gone, and the pastor faces fraud charges.

Tornado Cash Founders Roman Storm and his fellow co-founders Alexey Pertsev and Roman Semenov
Tornado Cash   -   Jan 25, 2024 Crypto Community Backs Tornado Cash Founders in Quest For Privacy

Since launch, the fund to support the legal defence of Tornado Cash co-founders has collected over $460,000.

Eva Senzaj Pauram
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Tornado Cash   -   Jan 25, 2024 Crypto Community Backs Tornado Cash Founders in Quest For Privacy
Tornado Cash Founders Roman Storm and his fellow co-founders Alexey Pertsev and Roman Semenov

Since launch, the fund to support the legal defence of Tornado Cash co-founders has collected over $460,000.

Eva Senzaj Pauram
Litigation   -   Jan 24, 2024 3AC Co-founder Su Zhu Apparently Enjoyed His Stay in Prison
3AC Co-founder Su Zhu Apparently Enjoyed His Stay in Prison

The notorious hedge fund co-founder said that nearly three-month-long imprisonment in Singapore was an “enjoyable experience.”

Sasha Markevich
Scam   -   Jan 23, 2024 God Made Colorado Pastor Scam his Flock
God Made Colorado Pastor Scam his Flock

Online pastor Eli Regalado fleeced his flock to the tune of $3 million based on the promise (from God) of a 10x return. Naturally, the money is now gone, and the pastor faces fraud charges.

Sasha Markevich
Bankruptcy   -   Jan 12, 2024 Celsius Reclaims User Funds Subject to Withdrawal Preference Exposure
Celsius Reclaims User Funds Subject to Withdrawal Preference Exposure

Clients who withdrew over $100,000 in the 90 days prior to bankruptcy must pay back the creditor 27.5% of this amount to receive distribution payments under the settlement plan.

Sasha Markevich
SEC   -   Jan 07, 2024 SEC Wants to Use Terraform Labs Ruling in Binance and Coinbase Cases
SEC Wants to Use Terraform Labs Ruling in Binance and Coinbase Cases

A recent ruling in the SEC vs Terraform Labs case could be used as a precedent to argue that the two exchanges traded unregistered securities.

Sasha Markevich
Bankruptcy   -   Dec 17, 2023 Following Exec Arrests and SEC Lawsuit SafeMoon Files for Bankruptcy
Safemoon bankruptcy

The DeFi protocol filed for Chapter 7 bankruptcy following the arrest of its executives last month and an SEC lawsuit.

Sasha Markevich
Litigation   -   Dec 14, 2023 Do Kwon U.S. Trip Delayed until February and SBF Impossible to Defend
Do Kwon U.S. Trip Delayed until February and SBF Impossible to Defend

Do Kwon will be staying in Montenegro for another two months before extradition, while Bankman-Fried's lawyer calls him the worst person in cross-examination.

Sasha Markevich
Exchanges   -   Dec 09, 2023 Do Kwon to be Extradited to the United States and CZ Can’t Leave
Do Kwon to be Extradited to the United States and CZ Can’t Leave

Zhao will have to remain in the United States until his sentencing due to a claimed high flight risk. And Do Kwon might soon be extradited from Montenegro and join CZ in the U.S.

Sasha Markevich
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