New FTX CEO Charged Crypto Exchange $690K Last Year: Hearing
John J. Ray III has been leading FTX's bankruptcy case following the departure of Sam Bankman-Fried. Source
Read MoreJohn J. Ray III has been leading FTX's bankruptcy case following the departure of Sam Bankman-Fried. Source
Read MoreUnited States lawmakers with the Senate Banking Committee have scheduled a second hearing exploring the impact of a crypto market crash.In a Feb. 3 announcement, Senate Banking Committee Chair Sherrod Brown said senators would convene on Feb. 14 in a hearing titled “Crypto Crash: Why Financial System Safeguards are Needed
Read MoreThe panel is calling the Valentine’s Day hearing “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets,” according to a hearing schedule released Friday, and its position as one of the first issues to be addressed by the lawmakers demonstrates the urgency of crypto issues in Congress. Source
Read MoreLawyers representing a crypto user allegedly behind a $116-million exploit of decentralized exchange Mango Markets have consented to detention in the criminal case involving commodities fraud, commodities market manipulation and wire fraud.According to accounts of social media users present on Feb. 2, Mango Markets user Avraham Eisenberg’s legal team waived
Read MoreEisenberg was arrested in Puerto Rico in the early evening of Dec. 26, and was held there until Wednesday, when he was transferred to New York. Eisenberg's lawyer, Brian Klein, told U.S. Magistrate Judge Jennifer Willis that his client was tired from his travels, which included a stopover in Oklahoma. Original
Read MoreThe 56 million shares, with a current value of around $577 million, are the subject of a complex tussle between BlockFi, bankrupt crypto exchange FTX, FTX founder Sam Bankman-Fried, the Antigua-based liquidators of the shell company that nominally owned the shares and the U.S. Department of Justice (DOJ). Source
Read MoreThe bankruptcy hearing for embattled crypto lender Genesis commences today at a New York Southern District court. According to court filings, the first hearing for the bankruptcy case of crypto lender Genesis Capital will occur on January 23rd. The documents state that a judge of the US Bankruptcy Court for the Southern
Read MoreThe first hearing in Genesis Capital's bankruptcy case will be held on January 23 at 2:00 pm (EST), according to court filings. Judge Sean H. Lane of the United States Bankruptcy Court for the Southern District of New York will hear the case.Under Chapter 11, known as the reorganization chapter,
Read MoreGenesis' first hearing in its bankruptcy case is set for January 23. Source
Read MoreIndividual objectors have sought to delay an FTX hearing in the United States Bankruptcy Court in the district of Delaware scheduled at 10:00 a.m. EST on January 20, 2023 expected to be about whether FTX can retain the services of New York law firm Sullivan & Cromwell (S&C) amid allegations
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