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Bankrupt crypto lender Celsius Network has chosen NovaWulf Digital Management as sponsor

Bankrupt crypto lender Celsius Network has chosen NovaWulf Digital Management as sponsor

Celsius Network submitted a restructuring plan to a U.S. Bankruptcy Court.

Genesis creditor reveals new proposed restructuring plan that will see creditors getting back

Genesis creditor reveals new proposed restructuring plan that will see creditors getting back

DCG is giving its ownership investment in a Genesis trading firm to the insolvent crypto lender's worldwide parent company.

Law Enforcement Officials Divided on Ripple XRP Outcome as SEC Lawsuit Court Date Looms

Law Enforcement Officials Divided on Ripple XRP Outcome as SEC Lawsuit Court Date Looms

As the pretrial date for the SEC lawsuit against Ripple is set for February 22, many lawmakers have speculated on the possible outcome for XRP.

Ripple’s “Bombshell Argument” in Pretrial Court Hearing with SEC May Tip the Scale in its Favour

Ripple’s “Bombshell Argument” in Pretrial Court Hearing with SEC May Tip the Scale in its Favour

The highly anticipated pretrial hearing between Ripple Labs and the Securities and Exchange Commission unfolded yesterday.

Ernst & Young Trustee Outline Options for Compensating QuadrigaCX Victims

Ernst & Young Trustee Outline Options for Compensating QuadrigaCX Victims

Ernst & Young has filed a report with the Ontario Superior Court of Justice suggesting how the court should distribute the recovered funds.

Ripple Handed a Temporary Restraining Order Limiting XRP Sales until Investor Tetragon Has Sold Back Its Shares

Ripple Handed a Temporary Restraining Order Limiting XRP Sales until Investor Tetragon Has Sold Back Its Shares

After a court ruling, a temporary restraining order has been issued against Ripple limiting its XRP sales.

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

Tether (USDT) stablecoin issuer, IFinex and its subsidiary, Bitfinex exchange are facing charges of allegedly manipulating the price of Bitcoin in 2017. Although the company, on the other hand, is vehemently in denial of the charges levelled against it.

India's Central Bank Slammed with a Two Week Crypto Ban Ultimatum

India's Central Bank Slammed with a Two Week Crypto Ban Ultimatum

India's central bank has been slammed by the nation's supreme court about the stance it took in banning cryptocurrency business. It was given two weeks to give a concrete response to justify its actions.

Pakistani Judge Challenges Federal Authorities Over Cryptocurrency Ban

Pakistani Judge Challenges Federal Authorities Over Cryptocurrency Ban

Justice Muhammad Iqbal Kalhoro of the Sindh High Court (SHC) has challenged the State Bank of Pakistan's ban on cryptocurrencies in 2018.

Australian Judge Allows Plaintiff to Use Bitcoin as Collateral Bond

Australian Judge Allows Plaintiff to Use Bitcoin as Collateral Bond

In Australia, a New South Wales (NSW) court has allowed a cryptocurrency exchange account to be used as a collateral bond for legal costs.

Tables Turn for Japanese Man After Being Convicted for Secretly Installing a Crypto Mining Program

Tables Turn for Japanese Man After Being Convicted for Secretly Installing a Crypto Mining Program

The Tokyo High Court has dismissed the acquittal of a 32-year-old Japanese man who had been let off the hook by the Yokohama District Court in March 2019 after being accused of unlawfully inserting a cryptocurrency mining program dubbed Coinhive.

US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft

US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft

Two Chinese nationals, Tian YinYin and Li Jiadong were sanctioned yesterday by the US Government yesterday for their alleged involvement in laundering stolen cryptocurrency from a 2018 cyberattack. The pair have been charged with stealing nearly $250 million in virtual assets and laundering the money through converting BTC to USD and Chinese Yuan as well as through iTunes gift cards.

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