FTX tries to reclaim $11M from Crypto.com-controlled Alameda account
Alameda Research has filed complaints against crypto exchange KuCoin and Crypto.com to recover millions in locked funds as FTX prepares to repay users. Go to Source
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Ex-Alameda Research CEO to report to prison for 2-year sentence
Caroline Ellison has been free on bail since her guilty plea in 2022, testifying at Sam Bankman-Fried’s criminal trial and subject to intense scrutiny by the media. Go to Source
SEC seeks dismissal of Kraken defenses in ongoing legal dispute
The SEC argued that Kraken’s defenses about the major questions doctrine are a “due process fail as a matter of the law.” Go to Source
FTX co-founder and key witness Gary Wang asks judge for no jail time
Gary Wang, one of Sam Bankman-Fried’s longtime friends and a key witness at his trial, is set to be sentenced on Nov. 20. Go to Source
Binance, CZ file motion to dismiss SEC’s amended complaint
Secondary market resales of crypto assets long after they were first distributed by their developers are not “securities” transactions, lawyers for Binance and its former CEO argued. Go to Source
Bitfinex hack launderer ‘Razzlekhan’ wants time served as sentencing looms
Heather Morgan has argued for no more jail time for her role in laundering some of the 120,000 Bitcoin stolen from Bitfinex by her husband Ilya Lichtenstein. Go to Source
Judge pushes Tornado Cash co-founder trial to April 2025
Roman Storm, currently free on bail and facing three federal charges, will have another four months to prepare for his criminal trial. Go to Source
Judge sentences IcomTech promoter to 8 years to deter ‘crypto frauds’
Judge Jennifer Rochon initially allowed a delay in Gustavo Rodriguez’s sentencing to allow additional testimony but ultimately ordered the IcomTech promoter to prison. Go to Source
Ex-FTX exec sentenced to time served after guilty plea
Nishad Singh will receive no prison time after pleading guilty to six felony charges in February 2023, cooperating with prosecutors and FTX’s debtors after the exchange’s collapse. Go to Source
FTX CEO hints Nishad Singh should remain free to assist bankruptcy case
John Ray, who took over as FTX CEO in November 2022, suggested Nishad Singh’s cooperation in the firm’s bankruptcy would be “important to maximize recovery” for creditors. Go to Source
