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” DOJ seeks to narrow Sam Bankman-Fried’s bail terms, use only flip phones “ The United States Department of Justice has proposed new bail conditions for former FTX CEO Sam Bankman-Fried (SBF), a court filing made late March 3 shows. According to the proposal submitted to District Judge Lewis Kaplan of the Southern District of…
” The metaverse is testing the limits of what is legally possible “ It’s no secret that over the last few years, many physical events have now digital iterations or have even been completely digitized into virtual reality. Recently, in Colombia, a local judge decided to bring a court hearing into the metaverse as an experiment with…
” Celsius Custody customers finally begin withdrawals 263 days after freeze “ Some Celsius customers have reported being able to withdraw funds from the bankrupt crypto firm for the first time, some 263 days after the lender froze withdrawals in the lead-up to its bankruptcy filing. According to numerous social media posts, as of Mar….
” SEC objection to Voyager-Binance.US deal questioned by US judge “ The bankruptcy judge on Voyager Digital’s case has reportedly scolded the United States securities regulator over its ambiguous reasoning for objecting to the crypto lending firm’s proposed sale to Binance.US. At a Mar. 2 hearing in a New York court, U.S. bankruptcy judge Michael…
” BlockFi execs, Gemini named in proposed lawsuit by a disgruntled investor “ An investor with nearly $2 million worth of funds frozen in bankrupt cryptocurrency lender BlockFi has filed a class action complaint against its founders, two directors and crypto exchange Gemini. In a Feb. 28 complaint filed in the U.S. District Court for…
” Binance US restructuring plan favored by 97% of Voyager customers “ A move by Binance US to acquire assets belonging to the bankrupt crypto lending firm Voyager Digital has been favored by 97% of Voyager’s customers. A Feb. 28 court filing shows an overwhelming majority of Voyager Digital account holders are in favor of…
” Coinbase hit with proposed trademark lawsuit over Nano derivative products “ Crypto exchange Coinbase has been named as a defendant in a legal complaint brought by NanoLabs — the company behind the digital currency Nano (NANO) — over alleged trademark infringement. In the Feb. 24 filing with the California Northern District Court, NanoLabs alleged…
” Colombia’s legal system experiments in the metaverse: Report “ A Colombian court recently hosted its first legal trial in the Metaverse, with the court magistrate saying it felt “more real than a video call,” according to a recent report. According to a Reuters report published on Feb. 24, Colombia’s Magdalena Administrative Court held a…
” Sam Bankman-Fried’s lawyers request extension for bail condition proposal “ Lawyers representing former FTX CEO Sam Bankman-Fried in federal court have requested an extension to file a proposal related to his bail conditions. In a Feb. 24 filing with the United States District Court for the Southern District of New York, Mark Cohen of…
” Man faces arrest over alleged crypto mine hidden under a school “ A former facilities worker who allegedly set up a secret cryptocurrency mining operation inside a Massachusetts school’s crawl space is due for arrest after missing a scheduled court hearing to answer to charges. Nadeam Nahas was scheduled to be arraigned on Feb….