Court – Page 36 – DIGIT INFO

For greater good: NY judge allows Celsius to mine, sell Bitcoin

Chief bankruptcy judge Martin Glenn, Southern District of New York, approved Celsius’ request for running BTC mining and selling operations as a means to reinstate financial stability.

Go to Source

Crypto lender Hodlnaut seeks judicial management to avoid forced liquidation

Singaporean law offers temporary protection against any legal proceedings and claims, which the company believes would provide a breathing space to focus on its recovery plan.

Go to Source

Zipmex gets 3 month protection in Singapore amid halted withdrawals

Troubled crypto exchange Zipmex has time to come up with a restructuring plan by Dec. 2 after halting withdrawals in July.

Go to Source

Crypto Exchange BTC-e Operator Vinnik Reportedly Denied Bail in US, Maintains Innocence

Alexander Vinnik, the alleged owner and operator of the infamous cryptocurrency exchange BTC-e, has been found not eligible for release on bail in the United States, where he was recently transferred from Greece. The Russian, accused of large-scale money laundering through the now-defunct trading platform, and other crimes, rejects U.S. charges. Alexander Vinnik Remains in […]

Go to Source

BitMEX former executive pleads guilty to violating the Bank Secrecy Act

Gregory Dwyer becomes the last one from the exchange’s management to enter a plea.

Go to Source

Voyager to Allow Cash Withdrawals for Customers With US Dollars Held in Accounts

Following the bankruptcy judge approving the release of $270 million in cash deposits, the crypto firm Voyager Digital has announced that it plans to open cash withdrawals starting on Thursday, August 11. After the cash withdrawal gates are open, Voyager customers can withdraw up to $100K in cash via an automated clearing house (ACH) transfer. […]

Go to Source

Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits

The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board ordering Voyager to remove any statements that allege Voyager is FDIC insured. The U.S. Bankruptcy Court in […]

Go to Source

Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors

Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo. Vauld to Have 3 Months for Restructuring, Due Diligence by Nexo The Singapore High Court has granted the […]

Go to Source

Crypto Biz: The 3AC saga takes another bizarre twist

Once the most revered hedge fund in crypto, Three Arrows Capital has gone bust. As it turns out, its holdings of Deribit shares may be much smaller than reported.

Go to Source

Crypto use an aggravating factor for sentencing: Aussie court study

Offenders that use cryptocurrency for illegal activity in Australia are more likely to receive a tougher sentence.

Go to Source