Motion – DIGIT INFO

Crypto exchange FTX gets nod to sell $873M of assets to repay creditors

Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC.

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Appeals court rejects Sam Bankman-Fried’s bid for release

The court cited Sam Bankman-Fried’s alleged witness tampering as the main grounds for rejecting his release bid.

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Fraud trial of Mango Markets exploiter behind alleged $116M theft pushed to April

Attorneys representing the alleged fraudster, Avraham Eisenberg, convinced the judge that more time was needed to sift through discovery materials submitted by U.S. prosecutors.

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Ripple Labs bites back against SEC’s request to file appeal

Ripple’s chief legal officer said no “extraordinary circumstance” in the case exists which warrants the Court to accept the SEC’s request for leave.

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Breaking: Court victory for Ripple as judge denies SEC motion to seal Hinman docs

United States District Judge Analisa Torres made the order on May 16 in a win for Ripple.

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Mainstream media renew push for non-US FTX user identities

A May 3 filing to the United States Bankruptcy Court brings new objections to a motion that aimed to redact customer identities.

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Coinbase supports new court action to remove Tornado Cash ban

The motion is part of a broader effort to restore internet privacy rights for U.S. citizens.

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FTX seeks to claw back $460M from Bankman-Fried-backed VC firm

While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a costly legal battle.

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DOJ-Appointed US Trustee Objects to Subpoena Request in FTX Bankruptcy Case

Following a request from FTX lawyers to subpoena FTX co-founder Sam Bankman-Fried (SBF) and members of his family, the U.S. Trustee appointed by the Department of Justice has filed an opposition to the request. The U.S. Trustee explained that the motion would duplicate the efforts of the federally appointed independent examiner. U.S. Trustee Argues for […]

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FTX lawyers: Examiner could cost $100M and ‘provide no benefit’

FTX lawyers, joint provisional liquidators of FTX.US and the Bahamas and a committee of creditors have all opposed the appointment of an independent examiner.

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