Cryptocurrency Analysis and News Portal
Bankrupt crypto lender Celsius Network is planning to file a motion that would extend the deadline for users to submit their claims by another month.The crypto community has started to grow impatient, noting that Celsius’ lawyer fees have continued to stack up and are eating away at the lender's estate.In
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Ian McGinley, a partner at global law firm Akin Gump, discusses why the guilty pleas made by Caroline Ellison and Gary Wang may influence the disgraced CEO’s next day in court. Source
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Ira Lee Sorkin, partner at law firm Mintz & Gold, discusses why he would’ve told the disgraced CEO to “keep his mouth shut” and not speak to various media outlets after the FTX exchange filed for bankruptcy protection. Source
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This year saw an influx of trademark applications filed by various companies looking to get in on the Web3 action. By November, a total of 4,999 trademark applications had been filed in the United States for cryptocurrencies and digital-related goods and services — according to United States Patent and Trademark
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"In particular, as you no doubt recall, the settlement between our clients states (at page 14, Section 3(3)f): 'Respondents shall cease all participation in the governance, operation, or any other activities of the Ooki DAO. Without limitation, Respondents shall not make proposals, directly or indirectly through others, related to Ooki
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In his recent media tour, disgraced founder Sam Bankman-Fried claims he did not commit fraud. Someone that still has access to FTX and Alameda Research’s accounts could prove otherwise. Original Source
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On Dec. 6, 2022, the former FTX CEO Sam Bankman-Fried (SBF) reportedly retained the attorney Mark Cohen, the lawyer that represented Ghislaine Maxwell during her recent sex trafficking case. SBF’s spokesperson further explained that the FTX co-founder is being consulted by a professor at Stanford Law School, David Mills. Sam Bankman-Fried
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Bankman-Fried is coming under fire for his attempts at using the media to form his own version of events. That comes as crypto exchange FTX faces bankruptcy proceedings after a CoinDesk report revealed that Alameda Research, an affiliated trading firm that Bankman-Fried also owned, held substantial amounts of FTX’s native
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As a securities litigator for over 30 years, I have cross-examined a host of conmen and fraudsters. Most of my cases have been concentrated in the financial services field where I represented Wall Street, securities brokerage firms, commercial banks and national stock and derivatives exchanges – in other words, traditional
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Sasha Hodder, founder of Hodder Law Firm, discusses why the SEC may get paid before retail investors and the low probability that traders will ever get their money back. Source
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