Search Results for "ftx bankruptcy case"
Briefing Schedule for Motions to Dismiss Agreed upon by SEC and Ripple Head Execs for XRP Case
The US Securities and Exchange Commission (SEC)’s lawsuit against Ripple Labs continues to unfold, as both parties recently reached an agreement on a schedule for briefing the Individual defendants’ – co-founder Chris Larsen and CEO Brad Garlinghouse – motion to dismiss.
Court Denies XRP Holders’ Request to Take Part in SEC-Ripple Case
The court has denied the motion to intervene filed by XRP investors looking to take part in the Ripple case.
Former SEC Official Reveals why He Thinks Ripple Has a Good Chance of Winning SEC Lawsuit over XRP
Joseph Hall, a partner at Davis Polk law firm, thinks that Ripple has a good chance of winning the legal case the SEC has built against XRP cryptocurrency.
Bitfinex and Tether's Appeal Rejected by New York Judge
Judge Cohen reportedly decided to give a 90-day extension to the case, which will give the New York Attorney General’s office to continue investigating. Judge Cohen also dismissed Bitfinex and Tether’s motion to appeal after the ruling.
Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding
Binance, the world’s largest crypto exchange by trading volume, has made a tough decision to delist all FTX leveraged tokens, citing that customers did not understand how the tokens work. The exchange intends to shut off withdrawals and deposits for the assets on March 31 at 8 a.m. UTC and to stop trading at 10 a.m. on the same day. The decision has sparked mixed reactions. Some users support the decision while others want the leveraged tokens to remain on the crypto exchange platform.
US Dollar Losses in 2020 Not to be Recouped in the Coming Year, Making the Case for a Bitcoin Rally
Bitcoin has been holding steadily around $10,738 at press time, as the stock market continues to recover and see gains.
NAC Foudation Accuses US SEC of Misleading Court in AML BitCoin Case
The legal battle between The NAC Foundation and the SEC is still far from over, and the Foundation argues that the SEC misled the court in its ongoing case against AML Bitcoin.
VanEck Makes the Case for Institutional Bitcoin Investment
VanEck has outlined the case for institutional Bitcoin (BTC) investment in a report published on Jan. 29. According to the investment management firm, even a small amount of BTC allocation could improve a portfolio's upside.
SEC Justifies Why It Wants to Access Ripple Executives’ Personal Financial Records in XRP Case
The SEC has pushed back against Ripple co-founder Chris Larsen and CEO Brad Garlinghouse’s motion to quash the subpoenas related to their personal financial records.
17,000 Customers Claim Refund from Collapsed Canadian Crypto Exchange QuadrigaCX
Ernst & Young, the trustee of the now-bankrupt cryptocurrency exchange QuadrigaCX, published a report showing that almost 17,000 people have filed for the remaining assets of the crypto exchange. EY assumed control of the crypto exchange in February 2019 after QuadrigaCX filed for bankruptcy. Ernst & Young took over custody of QuadrigaCX’s assets following the alleged death of Gerald Cotton, the founder of QuadrigaCX, who held the private keys to the crypto holdings, in January 2019. The report indicates that as many as 16,959 people have claimed assets ranging from Litecoin, Bitcoin, Ethereum, Bitcoin Gold, Bitcoin SV, and Bitcoin cash, along with US dollars and Canadian dollars.
Why Bitcoin Should Make Up 5% of Your Investment Portfolio, According to Fidelity
Fidelity Digital Assets makes the case for why Bitcoin should make up 5% of a given multi-asset investment portfolio.
Floyd Mayweather Promoted 2017 ICO Was a Fraud, Co-Founder Pleads Guilty
The $25 million 2017 Centra Tech ICO court case has finally resulted in a verdict against one of the co-founders who pleaded guilty to fraud yesterday. The other founders are still awaiting trial.