Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary GenesisFollowing accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group and its subsidiary, Genesis Global Capital. Report Claims Digital Currency Group, Genesis Global Capital Allegedly […]

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FTX Customers File Class Action to Claim Assets Within Bankruptcy Case

FTX Customers File Class Action to Claim Assets Within Bankruptcy CaseA group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the bankruptcy case in Delaware, seeks a court ruling recognizing that their holdings with the trading platform belong to them rather than the failed company. Customers […]

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Tom Brady, Gisele Bündchen, Kevin O’Leary, and 9 Other Celebrities Named in FTX-Related Class-Action Lawsuit

Tom Brady, Gisele Bündchen, Kevin O'Leary, and 9 Other Celebrities Named in FTX-Related Class-Action LawsuitFormer FTX CEO Sam Bankman-Fried (SBF) and a number of celebrities including Tom Brady, Gisele Bündchen, Stephen Curry, and Shaquille O’Neal have been named in a class-action lawsuit involving the alleged engagement in deceptive practices with FTX. The lawsuit was filed by the attorneys Adam Moskowitz and David Boies late Tuesday, and the suit alleges […]

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Report: South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA’s Market Price

Report: South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA's Market PriceOn Thursday, Nov. 3, 2022, local reports from South Korea disclosed that Korean prosecutors have allegedly discovered evidence that shows Do Kwon and an associate manipulated the price of LUNA, Terra’s native crypto token. The report further says South Korean prosecutors believe Kwon is hiding out in Europe. Local Report Claims South Korean Prosecutors Have […]

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Crypto Boutique Law Firm Roche Freedman Removed From Class Action Against Tether

Crypto Boutique Law Firm Roche Freedman Removed From Class Action Against TetherAfter a Manhattan federal judge blasted Roche Freedman LLP founding partner Kyle Roche’s public statements, the judge has removed the crypto boutique law firm from the market manipulation lawsuit against Tether and Bitfinex. The recent hearing has shown that U.S. district judge, Katherine Polk Failla, believes the litigation process could be derailed. She further stressed […]

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Poloniex, Bittrex Want Kyle Roche’s Law Firm Removed From Class-Action Against the Exchanges

Poloniex, Bittrex Request Law Firm Kyle Roche be Removed from Class-Action LawsuitFollowing the controversy surrounding Kyle Roche, the attorney and founding partner of the litigation firm Roche Freedman LLP, the two crypto exchange firms Bittrex and Poloniex want the law firm removed from the class-action lawsuit against them. Similar to the attorney representing Tether, the lawyers representing Bittrex and Poloniex argue that “Mr. Roche’s recent statements […]

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