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A federal judge has sided with the United States Department of Justice in motions aimed at precluding the testimony of 7 witnesses on behalf of former FTX CEO Sam Bankman-Fried, or SBF.In a Sept. 21 filing with U.S. District Court for the Southern District of New York, Judge Lewis Kaplan
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A federal judge in Texas has sided with the United States Department of the Treasury by granting a motion for summary judgment in a lawsuit concerning Tornado Cash brought by six individuals backed by crypto exchange Coinbase.In an Aug. 17 filing in U.S. District Court for the Western District of
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SBF will have to issue arguments beyond doubt to the judge and jury why he is not guilty of the charges levied against him. Former FTX boss Sam Bankman-Fried alias SBF who squandered over $8.7 billion of customers’ digital assets with risky bets continues to fight for his innocence in a
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A federal judge overseeing the case against former FTX CEO Sam Bankman-Fried (SBF) has denied motions from his legal team seeking to dismiss all but three criminal charges against him.In a June 27 filing in United States District Court for the Southern District of New York, Judge Lewis Kaplan issued
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Bankman-Fried, who faces wire fraud, bank fraud, operating an unlicensed money transmitter, bribery and campaign finance charges, filed to dismiss the bulk of these charges last month across seven pretrial motions. After a court hearing earlier this month, Judge Lewis Kaplan of the U.S. District Court for the Southern District
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A judge overseeing bankruptcy proceedings for crypto lending firm Celsius Network has denied motions from three users with different claims on assets stuck since July.In orders filed with United States Bankruptcy Court in the Southern District of New York on Jan. 25, Judge Martin Glenn denied a motion from Rebecca
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The United States Trustee handling Celsius’ bankruptcy proceedings has called for an independent examiner to be brought in to “untangle” the embattled network’s financial affairs and business operations. In a motion filed on Aug. 18 to the United States Bankruptcy Court by William K. Harrington, the US Trustee has asked for
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Southern New York District Court Judge Analisa Torres issued two rulings Friday on motions filed in the Security and Exchange Commission (SEC) lawsuit against Ripple Labs.Ripple argued that it was not given fair notice by the agency that it would consider the token a security, thus denying the company due
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The crypto news headlines at the start of May with regard to Kleiman v. Wright were mostly variations on the theme of Craig Wright’s Satoshi case going to trial. The two parties appear well entrenched in their positions, and lawyers for both sides have said they expect the trial to
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The U.S. Securities and Exchange Commission, or SEC, and Kik Interactive have both filed oppositions to each other's motions for summary judgment on April 24.While Kik claims its offerings were exempt from registration requirements, the SEC asserts Kik’s 2017 initial coin offering (ICO) comprised a clear violation of securities laws.Kik
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