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Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge

The possible contents of Former FTX CEO Sam Bankman-Fried upcoming testimony have been outlined in a letter to Judge Kaplan by his lawyer, Mark Cohen.In the letter submitted by Mark Cohen, to inform the Court of their planned testimony during Mr. Bankman-Fried’s direct examination, the defense requested approval to obtain testimony

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Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena

A United States judge has approved an order requiring Genesis Global entities to produce certain documents in accordance with a subpoena requested by Terraform Labs.In an Oct. 13 filing in U.S. District Court the Southern District of New York, Judge Jed Rakoff said Genesis would have 5 days — likely

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Bankruptcy judge approves $175 Million settlement between FTX and Genesis Global Trading

Following the court’s decision, Genesis debtors have gained authorization to execute the settlement agreement, which entails the payment of $175 million to FTX. At the same time, the New York Bankruptcy Judge Sean Lane has also removed several claims made by FTX debtors against Genesis. Claim withdrawals  As per the filed documents, the court

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Circle admitted by judge as amicus curiae in SEC vs Binance lawsuit: Report

A senior judge in the Columbian district court has reportedly signed multiple orders to clear pending motions in the ongoing lawsuit filed by the United States Securities and Exchange Commission against the crypto exchange Binance ahead of the crucial hearing.Among the key orders, the judge cleared an amicus brief filed

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Judge sides with Ripple again, denies SEC appeal: Law Decoded

On Oct. 3, United States District Court Judge Analisa Torres rejected the U.S. Securities and Exchange Commission’s (SEC’s) motion to appeal its loss against Ripple Labs, the company behind the XRP (XRP) cryptocurrency. Torres denied the SEC’s motion, claiming the regulator failed to meet the burden to show that there

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Stellar, PwC publish ‘framework’ to judge emerging market blockchain projects

The Stellar Development Foundation, developers of the Stellar network, released a financial inclusion framework for judging the efficacy of emerging market blockchain projects. The framework was developed in cooperation with consultants PricewaterhouseCoopers International (PwC) and was explained in a white paper published on September 25. Using this framework, the teams concluded

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