News with the tag "lawyers"

Previous crypto rulings against the SEC have put Crypto.com on a “strong legal footing” in its lawsuit against the regulator, its chief legal officer Nick Lundgren said.

Coinbase initially demanded a subpoena into Gary Gensler’s private communications before his time as SEC Chair but has changed tactics in its latest letter to the judge.

FTX lawyers stressed that in-kind crypto payouts would clash with bankruptcy laws but several creditors feel shortchanged by the proposed cash repayments plan.

High-profile bankruptcy cases have become a lucrative goldmine for two major law firms involved in the legal proceedings: Sullivan and Cromwell and Kirkland and Ellis.

According to a Bloomberg report, Sam Bankman-Fried, the co-founder of the FTX crypto exchange, has been transferred to a temporary detention center in Oklahoma, contrary to a federal judge’s request to keep him in New York to assist in his appeal. The move comes as Bankman-Fried navigates the afterm...

Two lead attorneys for the U.S. Securities and Exchange Commission (SEC) in the case against crypto firm Debt Box have reportedly resigned. This followed a federal judge sanctioning the SEC for its “gross abuse of power” after the agency made “materially false and misleading representations” in its ...

John Deaton, a pro-XRP lawyer and crypto advocate, is running for a seat in the US Senate against Elizabeth Warren, known for her skepticism on cryptocurrencies, when US regulators are stepping up their enforcement actions and crackdowns on the crypto industry. Notably, Deaton’s campaign has gained ...

A recent research paper on SSRN by legal scholars scrutinizes the ethical quandaries and potential conflicts of interest surrounding Sullivan & Cromwell LLP’s involvement in FTX’s Chapter 11 bankruptcy filing. Study Highlights Legal Ethics From FTX Bankruptcy Proceedings The SSRN research paper enti...

Lawyers in Elon Musk’s pay case ask for $6 billion in Tesla shares for legal fees instead of cash, saying it’s linked to benefits and good for taxes. Investors sued The post Lawyers In Elon Musk’s Pay Case Request $6 Billion In Tesla Shares As Legal Fees appeared first on BitcoinWorld .