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US government asks for court approval to sell private jets tied to Sam Bankman-Fried

US government asks for court approval to sell private jets tied to Sam Bankman-Fried 2024-03-22 at 21:02 By Cointelegraph by Turner Wright The U.S. Marshals Service has custody of a Bombardier Global tied to FTX, and prosecutors are seeking to transport an Embraer Legacy aircraft to Florida to begin sales proceedings. This article is an […]

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Montenegrin court postpones Do Kwon’s extradition to South Korea

Montenegrin court postpones Do Kwon’s extradition to South Korea 2024-03-22 at 18:03 By Cointelegraph by Turner Wright Do Kwon faces fraud charges in the United States and South Korea as authorities compete to extradite the Terraform Labs co-founder. This article is an excerpt from Cointelegraph.com News View Original Source

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Judge greenlights class suit alleging Silvergate Bank aided FTX fraud

Judge greenlights class suit alleging Silvergate Bank aided FTX fraud 2024-03-22 at 09:03 By Cointelegraph by Jesse Coghlan A federal judge struck down Silvergate’s dismissal bid of a lawsuit claiming it aided fraud at FTX saying the allegations were adequate to proceed. This article is an excerpt from Cointelegraph.com News View Original Source

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US sues Apple for ‘shapeshifting’ rules that throttled crypto apps and others

US sues Apple for ‘shapeshifting’ rules that throttled crypto apps and others 2024-03-22 at 06:02 By Cointelegraph by Jesse Coghlan Apple’s App Store rules enforcement are arbitrary “penalize and restrict developers” that compete with the tech giant’s “monopoly power,” the DOJ alleged. This article is an excerpt from Cointelegraph.com News View Original Source

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Do Kwon’s extradition case may be headed to Montenegro’s Supreme Court

Do Kwon’s extradition case may be headed to Montenegro’s Supreme Court 2024-03-21 at 22:02 By Cointelegraph by Turner Wright Prosecutors in Montenegro suggested that the country’s Supreme Court could issue a verdict that would change an earlier decision on Do Kwon’s extradition to South Korea. This article is an excerpt from Cointelegraph.com News View Original

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Lawyer for Cryptoqueen’s OneCoin compliance chief asks for time served

Lawyer for Cryptoqueen’s OneCoin compliance chief asks for time served 2024-03-21 at 20:01 By Cointelegraph by Turner Wright The attorney cited Irinia Dilkinska’s role as a “loving wife and mother,” claiming time served was an appropriate sentence for her role in the OneCoin scheme. This article is an excerpt from Cointelegraph.com News View Original Source

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FTX victims will ‘never’ be whole thanks to SBF’s ‘dumpster fire’ — John Ray

FTX victims will ‘never’ be whole thanks to SBF’s ‘dumpster fire’ — John Ray 2024-03-21 at 09:01 By Cointelegraph by Martin Young FTX chief John Ray III wrote a scathing victim impact statement on the exchange’s co-founder Sam Bankman-Fried ahead of his sentencing date. This article is an excerpt from Cointelegraph.com News View Original Source

FTX victims will ‘never’ be whole thanks to SBF’s ‘dumpster fire’ — John Ray Read More »

Montenegrin court rejects Do Kwon’s appeal to stop extradition to South Korea

Montenegrin court rejects Do Kwon’s appeal to stop extradition to South Korea 2024-03-20 at 18:01 By Cointelegraph by Turner Wright Both the United States and South Korea filed competing requests for extraditing the Terraform Labs co-founder since his arrest in Montenegro in March 2023. This article is an excerpt from Cointelegraph.com News View Original Source

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Advocacy groups file amicus briefs encouraging SEC to write crypto rules

Advocacy groups file amicus briefs encouraging SEC to write crypto rules 2024-03-20 at 00:12 By Cointelegraph by Turner Wright The Crypto Council for Innovation, Satoshi Action Fund, Texas Blockchain Council, Paradigm, Lejilex and the U.S. Chamber of Commerce all called on the SEC to establish guidelines. This article is an excerpt from Cointelegraph.com News View

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FTX victims describe ‘irreparable harm’ ahead of Sam Bankman-Fried’s sentencing

FTX victims describe ‘irreparable harm’ ahead of Sam Bankman-Fried’s sentencing 2024-03-19 at 18:02 By Cointelegraph by Turner Wright Judge Lewis Kaplan could potentially sentence the former FTX CEO to decades in prison on March 28 following his November 2023 conviction. This article is an excerpt from Cointelegraph.com News View Original Source

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Top FTX claim holder Attestor sues seller amid Bitcoin rally

Top FTX claim holder Attestor sues seller amid Bitcoin rally 2024-03-18 at 11:04 By Cointelegraph by Helen Partz London-based Attestor has filed a lawsuit against FTX claims seller Lemma after making a 200% profit on the purchased FTX claims stash. This article is an excerpt from Cointelegraph.com News View Original Source

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UK court rules Craig Wright not Nakamoto, ending long-standing drama

UK court rules Craig Wright not Nakamoto, ending long-standing drama 2024-03-15 at 15:14 By Cointelegraph by Shiraz Jagati A judge has ruled definitively that Craig Wright is not the pseudonymous creator of Bitcoin, dealing a blow to his claims of ownership over the currency’s intellectual property. This article is an excerpt from Cointelegraph.com News View

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Bitzlato ex-CEO Legkodymov pleads guilty to one count in Brooklyn court

Bitzlato ex-CEO Legkodymov pleads guilty to one count in Brooklyn court 07/12/2023 at 01:02 By Cointelegraph by Derek Andersen The Hong Kong-based crypto exchange had no KYC and was a major support for the darknet marketplace Hydra. This article is an excerpt from Cointelegraph.com News View Original Source

Bitzlato ex-CEO Legkodymov pleads guilty to one count in Brooklyn court Read More »

Jury in Terraform Labs case shouldn’t decide whether crypto is a security — SEC

Jury in Terraform Labs case shouldn’t decide whether crypto is a security — SEC 05/12/2023 at 19:02 By Cointelegraph by Turner Wright According to the SEC, tokens at issue in its civil case against Terraform Labs should be a “legal question” for a court, “not a factual question for the jury.” This article is an

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Sam Bankman-Fried will not file any post-trial motions, say lawyers

Sam Bankman-Fried will not file any post-trial motions, say lawyers 02/12/2023 at 00:04 By Cointelegraph by Turner Wright The former FTX CEO was found guilty of seven felony charges on Nov. 2, for which he could face up to 115 years in prison. This article is an excerpt from Cointelegraph.com News View Original Source

Sam Bankman-Fried will not file any post-trial motions, say lawyers Read More »

Evidence mounts as new artists jump on Stability AI, MidJourney copyright lawsuit

Evidence mounts as new artists jump on Stability AI, MidJourney copyright lawsuit 01/12/2023 at 18:01 By Cointelegraph by Savannah Fortis The battle continues as artists amend a lawsuit previously struck down by court authorities against major AI companies who have allegedly violated creative copyright laws. This article is an excerpt from Cointelegraph.com News View Original

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SBF was almost extorted for ‘protection’ in Brooklyn jail, recalls ex-inmate

SBF was almost extorted for ‘protection’ in Brooklyn jail, recalls ex-inmate 01/12/2023 at 07:04 By Cointelegraph by Jesse Coghlan Gene Borrello, a former prisoner at MDC, told crypto blogger Tiffany Fong that Sam Bankman-Fried was targeted for his timid nature and having “the body of the 80-year-old.” This article is an excerpt from Cointelegraph.com News

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Courts will provide ‘good guidance’ for crypto — CFTC commissioner

Courts will provide ‘good guidance’ for crypto — CFTC commissioner 01/12/2023 at 01:02 By Cointelegraph by Turner Wright Kristin Johnson proposed several potential paths for handling digital assets in the United States — through Congress, having private companies address governance and the courts. This article is an excerpt from Cointelegraph.com News View Original Source

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Jump Crypto filed docs confidentially in SEC v. Terraform Labs case

Jump Crypto filed docs confidentially in SEC v. Terraform Labs case 29/11/2023 at 01:02 By Cointelegraph By Turner Wright The trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits. This article is an excerpt from Cointelegraph.com News View Original Source

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