Gemini legal team accuses DCG of ‘gaslighting’ Genesis creditors
Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group’s plan claiming to offer unsecured creditors a “70–90% recovery”. Go to Source
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Celsius and Core Scientific propose $14M settlement for litigation
Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million. Go to Source
Five AI trends to look forward to in 2023 and beyond
From the growth of AI assistants to the rise of generative AI, here are some key trends that are expected to grow over the coming years. Go to Source
XRP lawyer John Deaton joins LBRY case as amicus curiae
Deaton is known for his active engagements in legal proceedings and discussions surrounding cryptocurrency regulations and legal actions. Go to Source
Former Celsius exec pleads guilty to criminal charges
Roni Cohen-Pavon, Celsius’ former chief revenue officer, has pleaded guilty to four criminal charges and will be free on bail until a Dec. 11 sentencing hearing. Go to Source
Wyoming stablecoin: Are state digital currencies even possible?
The Stable Token Commission continues researching the potential implementation of stable tokens in Wyoming. Go to Source
Coinbase CEO champions DeFi, calls for court action to set legal precedent
Coinbase CEO Brian Armstrong cautioned the United States Commodities and Futures Trading Commission (CFTC) to avoid taking enforcement actions against (DeFi) protocols. Go to Source
NFT collection Milady exploited by developer stealing $1M in fees
Milady NFT creator Charlotte Fang said that Remilia “easily identified” the individuals involved in the exploit and will start legal action. Go to Source
FTX sues LayerZero Labs, seeks to recover over $21M moved prior to bankruptcy
FTX is seeking the cancellation of agreements made days before it collapsed, as well as the return of millions transferred to LayerZero Labs and its affiliates. Go to Source
G20 moves forward with international crypto framework
The upcoming framework will affect users in several countries by automatically exchanging information about crypto transactions between jurisdictions on an annual basis. Go to Source
