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lawyers

crypto news Binance low poly style

08 Jun 23

SEC’s Gensler offered to advise Binance in 2019, lawyers claim

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a surprising twist to the ongoing regulatory battle between the Securities and Exchange Commission (SEC) and Binance, lawyers for the crypto exchange have alleged that SEC Chair Gary Gensler offered to serve as an advisor to Binance’s parent company in […]

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24 May 23

Crypto lawyers speculate on XRP’s classification in SEC lawsuit

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto lawyer Jesse Hynes expressed hope that the court supervising the Securities and Exchange Commission’s (SEC) legal action against Ripple would declare XRP a non-security digital asset. According to Hynes, if the court decides to look into whether or not XRP […]

Security Laws Are Not Ready For The Digital Era4

25 Apr 23

Do Kwon’s lawyers file motion to dismiss SEC charges

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The legal representatives of Terra’s Do Kwon have asked the court to dismiss the SEC’s charges against Terraform Labs and its founders. The motion states that the collapsed Terra UST stablecoin and Luna tokens are not securities, and as such the […]

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22 Mar 23

BitBoy Crypto reportedly threatened FTX class action lawyers

Class action lawyers argue that Ben Armstrong, who stands behind BitBoy Crypto YouTube, often threatened them because they were suing them for advertising the fallen FTX cryptocurrency exchange. After being identified as a defendant in a class action lawsuit, Ben Armstrong began harassing the attorneys representing the plaintiffs, according to court documents. Lawyers for the class […]

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09 Mar 23

Sam Bankman-Fried’s lawyers seek to delay trial until October

The lawyers representing Sam Bankman-Fried, the founder of collapsed crypto exchange FTX, said that his criminal trial might need to be delayed to give him more time to prepare his defense. So far, the criminal trial on the FTX case is scheduled for Oct. 2. It focuses on fraud charges brought by the Department of […]

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07 Mar 23

FTX CEO billed $305,000 for February, bankruptcy lawyers cash in too

New FTX CEO John Ray III had a profitable February, with a payday of $305,000 according to new documents released to the public. Attachment 1 of document 811 filed by Kroll — the firm overseeing the FTX bankruptcy — shows that the firm’s new CEO John Ray III has a hourly billing rate of $1,300 […]

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27 Feb 23

Lawyers criticize Gensler’s assertion that all cryptos are securities

In recent times, digital currency lawyers have strongly criticized Gary Gensler, the United States Securities and Exchange Commission (SEC) head, for his recent comments that all cryptocurrencies, except bitcoin (BTC), are securities under the agency’s jurisdiction. In an interview with New York Magazine on Feb. 23, Gensler stated that “everything other than bitcoin” falls under […]

FTX generic 3 1

27 Jan 23

FTX lawyers to make millions from bankruptcy case

FTX’s legal team is poised to reap millions from the ongoing FTX bankruptcy case. With the trial set to take place in October 2023, the team has under eight months to sort out the issue. The process is expected to take a lot of time and money, all at the expense of the investors. According […]

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