Cryptocurrency Analysis and News Portal
A United State district judge has referred a motion requesting the appointment of an independent examiner for bankrupt crypto exchange FTX to appellate court.In documents filed in U.S. District Court for the District of Delaware on May 30, Judge Colm Connolly said the U.S. trustee in FTX’s case, Andrew Vara,
Read More
“No one contests that the Trustee requested an examiner here or that the debtor's fixed, liquidated, unsecured debts, other than debts for goods, services, or taxes, or owing to an insider, exceed $5 million,” Connolly’s ruling said, adding that all that remains is a legal question – whether the bankruptcy
Read More
Judge Breyer threw out the year-long Twitter shareholder lawsuit against Elon Musk, which accused him of cheating other shareholders. San Francisco’s US District Judge Charles Breyer has dismissed the shareholder lawsuit against Elon Musk challenging the Twitter buyout. On Monday, Breyer ruled that the context in which Musk sustained the suit lacked standing. According to
Read More
The company noted that its customers will have the possibility to use the Voyager app to begin requesting paybacks, which will take place in 30 days. Bankrupt crypto lender Voyager Digital announced on Wednesday that its customers will recover about 35 percent of their initial deposit amid its liquidation plan. The
Read More
"As Judge Netburn found in her order dated January 13, 2022, the Hinman Speech Documents are not protected by the deliberative process privilege because they do not relate to an agency position, decision, or policy," Torres wrote. "Therefore, sealing these documents would not be related to preserving 'openness and candor'
Read More
A motion from the United States securities regulator to seal the controversial Hinman Speech documents has been denied — a move that has been seen as a win for the Ripple and crypto community.The U.S. Securities and Exchange Commission filed the motion to seal the documents on Dec. 22, 2022,
Read More
“The court finds that all digital assets held by the debtors in custodial omnibus wallets are indeed client property, and not property of the bankruptcy estates, subject, of course, to possible avoidance and clawback rights,” Kaplan said, but had less happy news for BIA customers. Original Source
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A US judge has ruled that Craig Wright, who claims he is the founder of Bitcoin, has shown evidence of contemptuous conduct in court proceedings related to a $143m dispute over bitcoin (BTC) ownership. Wright, who
Read More
Magistrate Judge Bruce Reinhart issued the ruling as a case grinds on between Wright, who claims to be Satoshi Nakomoto, the pseudonymous author of the 2008 Bitcoin white paper, and Ira Kleiman, who claimed rights to crypto he said was mined by his late brother David. Source
Read More
The judge presiding over crypto exchange FTX’s bankruptcy case has given the green light to a motion allowing the sale of LedgerX.In a May 4 hearing in the United States Bankruptcy Court for the District of Delaware, Judge John Dorsey approved a motion the FTX debtors filed in April to
Read More