Trade Group Argues SEC Case Unfairly Labels Crypto as Securities February 23, 2023 By Hannah Lang Cryptocurrency trade association Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S....
FTX Reports $415M in Hacked Crypto, Bankman-Fried Says FTX U.S. Is Solvent January 18, 2023 By Dietrich Knauth Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been...
Sam Bankman-Fried Pleads Not Guilty in FTX Fraud Case; October Trial Set January 4, 2023 By Jack Queen and Luc Cohen Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange...
FTX Customers File Class Action to Lay Claim to Dwindling Assets December 28, 2022 By Tom Hals and Dietrich Knauth FTX customers filed a class action lawsuit against the failed crypto exchange and its former top executives including Sam Bankman-Fried...
Viewpoint: It’s A Wonderful Life’s Lessons Ring True in BlockFi Bankruptcy December 6, 2022 By Jonathan Reid Reich We are heading into the holiday season. It’s a Wonderful Life will be on television. And cryptocurrency bankruptcies will be...
DOJ Watchdog Seeks Independent Review of FTX Bankruptcy December 2, 2022 By Dietrich Knauth The U.S. Department of Justice’s bankruptcy watchdog on Thursday called for an independent investigation into the collapse of crypto exchange...
FTX Was Run as ‘Personal Fiefdom,’ Faces Hacks and Missing Assets: Attorneys November 23, 2022 By Dietrich Knauth, Tom Hals and Tom Wilson FTX was run as a “personal fiefdom” of former CEO Sam Bankman-Fried, attorneys for the collapsed crypto exchange said in...
NBA Champion Golden State Warriors Are Sued Over FTX Collapse November 22, 2022 By Jonathan Stempel The Golden State Warriors were sued on Monday by an FTX customer who accused the reigning National Basketball Association champions...
‘Wave’ of Lawsuits Over FTX Expected, but Investors Will Face Legal Hurdles November 18, 2022 By Jody Godoy A lawsuit by FTX account holders in the United States is likely the first of many that will be brought...
The Spectacular Fall of FTX: Considerations About Crypto Custody and Insurance November 15, 2022 By Jonathan Reid Reich The FTX crypto exchange (and more than 130 affiliates) filed for bankruptcy in Delaware. FTX was recently valued at $32...