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” Former FTX chief lawyer claims US legal counsel channeled business to S&C “ A former FTX chief lawyer has accused the company’s US general counsel of channeling business to Sullivan & Cromwell (S&C) — the firm currently serving FTX as bankruptcy counsel. Daniel Friedberg, who was the chief regulatory officer of FTX until he…
” FTX CEO fights to keep lawyers as calls for removal intensify “ The CEO of crypto exchange FTX has rejected calls for its law firm to be replaced as lead counsel in its bankruptcy case. John J. Ray III, who was appointed as the new FTX CEO on Nov. 11, filed a court motion…
” Bithumb ordered to pay outage damages to investors by South Korean court “ The ongoing saga of the South Korean cryptocurrency exchange Bithumb continues, this time with ruling from local courts. On Jan. 13 the South Korean Supreme Court finalized its ruling that the exchange must pay damages to investors over a 1.5-hour service…
” Judge slams senators’ letter against FTX lawyers as ‘inappropriate’ “ The judge handling FTX’s bankruptcy has reportedly slammed a joint letter from four United States senators calling for an independent examiner in the case. As reported by Cointelegraph, the senators sent a letter on Jan. 9 highlighting concerns about the ties between FTX and…
” Initial approval given for Voyager and Binance.US deal amid national security probe “ Bankrupt crypto lender Voyager Digital received initial court approval for its proposal to sell its assets to Binance.US for $1.02 billion amid a national security probe Voyager is seeking to speed up. On Jan. 10, United States Bankruptcy Judge Michael Wiles…
“NYC man allegedly stabbed stranger in heart after attacking neighbor” A Bronx man was held without bail Sunday after allegedly killing a stranger who appeared to simply show up at the wrong place at the wrong time, as new details emerged in the grisly slaying. Suspect Jose Ortiz, 65, is accused of fatally stabbing Tyrone…
“‘Hot Bench’ judges take us behind the robes” “Hot Bench” returned for its ninth season in October with new judges Rachel Juarez and Yodite Tewolde joining veteran jurist Michael Corriero, who’s been with “HB” since 2016. The daytime court show, created by Judith “Judge Judy” Sheindlin, continues to draw solid viewership, averaging nearly 2 million…
” FTX’s former top lawyer cooperated with the US in Sam Bankman-Fried case “ Daniel Friedberg, controversial lawyer who served as top compliance chief at now-defunkt exchange FTX, has reportedly cooperated with United States’ prosecutors investigating FTX collapse. Friedberg provided details about FTX in a meeting with two dozen investigators hold by the U.S. Attorney…
” Mango Markets exploiter Avraham Eisenberg ordered into detention pending trial “ In a new update to the Mango Markets exploit saga, the United States District Court for the District of Puerto Rico has issued an order of detention to the infamous Mango Markets exploiter Avraham Eisenberg. After holding a detention hearing, United States Magistrate…
” Iran court orders the release of seized crypto mining equipment “ Iranian authorities seized numerous crypto mining equipment over the past two years, citing stress on energy grids during winter. Now, a court ordered the release of crypto-mining equipment that was previously seized as a measure to conserve energy. Since 2021, Iran’s Organization for Collection…