FTX filed for bankruptcy 2 years ago — What’s happening now?
The exchange’s creditors haven’t been made whole despite a judge approving a plan, and sentencing for former executives is nearing an end. Go to Source
Court
Auto Added by WPeMatico
Judge denies ex-Celsius CEO’s bid to dismiss fraud, manipulation charges
A federal judge ruled that Alex Mashinsky’s legal team’s arguments to dismiss two of his seven criminal charges were “either moot or without merit.” Go to Source
OpenSea users drop securities suit after marketplace demands arbitration
The lawyer for two OpenSea users who accused the platform of selling them securities told Cointelegraph they “had no choice but to dismiss the pending case.” Go to Source
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
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