What’s the Deal With Sam Bankman-Fried’s ‘Advice of Counsel’ Defense
And why is it causing so much controversy in court? Original Source
Read MoreAnd why is it causing so much controversy in court? Original Source
Read MoreCan Sun testified on day 12 of the Sam Bankman-Fried trial. Original Source
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Former FTX CEO, Sam Bankman-Fried, is set to face trial in October, with his defense team preparing to spotlight the role of previous legal counsel in key decisions made during his tenure. Sam Bankman-Fried, the former CEO
Read MoreThe XRP ruling could impact creditor repayments for holdings of Celsius’ token CEL, given U.S. bankruptcy rules which apply a mandatory downgrade to customer claims relating to securities. The estate has previously judged the token’s worth at $0.20, but it could also fall to zero, Koenig said, while some creditors
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance has appointed Eleanor Hughes as the new general counsel. She has been a member of the Binance legal team since November 2021. Hughes now takes over, leading a battery of 85 lawyers. Shift in Binance’s legal
Read MoreCrypto investment firm Paradigm’s Special Counsel Rodrigo Seira has become the latest to slam the United States securities regulator, this time for “wrongfully” pursuing crypto exchange Bittrex in an attempt to police secondary crypto markets.In a July 11 Twitter thread, Seira added his thoughts after an amicus brief filing from
Read MoreThe FTX founder’s lawyers argue that a new Supreme Court judgment shows that he has not committed fraud. Original Source
Read MoreThe law firms, investment banks and consulting companies working with FTX on its bankruptcy case billed the crypto exchange a combined $34.18 million in January, court documents reveal.FTX’s chief restructuring officer and new CEO, John J. Ray III, also received a hefty pay package, charging $1,300 an hour to a
Read MoreFTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants, and financial advisers working on the case. Original Source
Read MoreA vast majority of Voyager’s creditors are voting in favor of a plan to sell assets to Binance US, a New York court was told today. Source
Read More