News with the tag "Court Case"

Alex Mashinsky, the founder and former CEO of collapsed crypto lender Celsius Network, faces the prospect of spending the next two decades behind bars if the U.S. Department of Justice's sentencing memo request is granted. In the memo filed late Monday, the DOJ urged the court to impose a 20-year pr...

The saga surrounding Do Kwon and the catastrophic TerraUSD collapse continues to unfold, but at a slightly slower pace. In a recent development, the U.S. court case against the former CEO of Terraform Labs has been delayed, injecting more suspense into an already gripping narrative. If you’ve been f...

Former South Korean lawmaker known for the Coin Gate scandal, Kim Nam-guk, has been declared ‘not guilty’ of all charges by court. According to a report from local media News1, a Seoul Southern District Court judge found Kim “not guilty” of all charges on his first trial. Kim was accused of misrepor...

Tornado Cash developer Alexey Pertsev claims he will be released from prison on Feb. 7 after a Dutch Court canceled his pretrial detention in exchange for electronic monitoring. In a post on X, Pertsev declared that he will be released from prison on Feb. 7 at at 9 am UTC or 10 am local time, follow...

Ripple Labs has filed a request with the U.S. Court of Appeals for the Second Circuit seeking an April 16, 2025 deadline for its cross-appeal brief in the Ripple vs. SEC case. The Ripple Labs legal team filed the request on Jan. 23, with the crypto company’s legal team noting that Ripple co-founder ...

The U.S. Securities and Exchange Commission's top lawyer, General Counsel Megan Barbero, will step away next week , joining the exodus of top agency officials who had been responsible for the SEC's legal battles with the crypto industry in recent years. "Her measured advice and judgment have been cr...

The crypto industry's most notorious rapper, Heather Morgan – more widely known as Razzlekhan – released a new music video as U.S. authorities stand ready to imprison her for criminally laundering portions of the crypto loot her husband was convicted of pilfering from Bitfinex. In the song, 'Razzlek...

Do Kwon, founder of the failed Terra Luna crypto ecosystem, pleaded not guilty to charges of fraud following his Dec. 31 extradition to the U.S., Reuters reported on Thursday. Kwon's Terraform Labs developed the luna cryptocurrency and algorithmic stablecoin terraUSD, which collapsed in 2022 with th...

Craig Wright, who falsely claimed to be Satoshi Nakamoto, the pseudonymous creator of bitcoin, is in court again. This time, the Crypto Open Patent Alliances is arguing Wright's attempt to sue for 900 million pounds ($1.1 billion) over intellectual property rights related to the Bitcoin system in Oc...

The Federal Deposit Insurance Corporation has been instructed to fully comply with a court order and make “more thoughtful redactions” to pause letters requested by crypto exchange Coinbase. On Dec. 12, Judge Ana C. Reyes flagged excessive redactions made by the Federal Deposit Insurance Commission ...