Court Cases
DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%
The plan could result in recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis.
Singapore High Court Declares Crypto as Property in Case Involving Bybit
The ruling held that a crypto asset is a “thing in action” enforceable via court orders.
Implications of Ripple-SEC Court Ruling for Wider Crypto Industry Are Unclear: Bank of America
Ripple’s XRP offerings are unique, and the wider applications of the court’s ruling are difficult to determine, the report said.
Nexo in Court With a Co-Founder Over $12M in Missing Assets
Nexo says its former managing partner left with a hardware wallet full of the company’s crypto.
Former NYSE Broker to Pay $54M to Settle CFTC Crypto Fraud Charges
Michael Ackerman pleaded guilty in 2021 to accusations that he defrauded some 150 investors for $33 million in a digital asset trading scheme.
U.S. Judge Rejects Binance.US Complaint Over SEC Press Release
The exchange had complained that regulators made “misleading” public statements about the Binance’s handling of customer funds.
Judge Allows FTX Founder Sam Bankman-Fried to Go to Trial on Only Wire Fraud, Political Contribution Charges for Now
A U.S. federal judge in New York revealed skepticism of the arguments from SBF's defense attorneys in a hearing on their motions to dismiss several counts.
Kim Kardashian EMAX Suit to Proceed as Court Considers Updated Complaint
A California judge backtracked on a tentative ruling to dismiss the allegations against the reality TV star after receiving a more detailed complaint.
FTX Founder Sam Bankman-Fried Pleads Not Guilty to Latest Bribery Charge
Prosecutors added an attempted bribery charge earlier this week.
Is This Finally an Atomic Bomb From the SEC?
The warning to Coinbase that it’s breaking securities laws may signal the long-awaited attack on crypto’s foundations, but also may set up a court fight that finally answers questions.
