texas state securities board – DIGIT INFO

Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal

DIGIT — Tue, 07 Feb 2023 23:19:56 +0000

On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and communications related to the “Alameda Loan Agreement” between Alameda Ventures and Voyager, as well as other important documents. Additionally, Voyager Digital has subpoenaed […]

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Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital

DIGIT — Tue, 31 Jan 2023 18:35:04 +0000

On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking to recover approximately $445.8 million from Voyager and HTC. Legal Battle Erupts Over Crypto Asset […]

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Bankman-Fried on the hook in Texas, called to appear at Feb. hearing

DIGIT — Wed, 30 Nov 2022 05:26:16 +0000

The Texas Securities Board has asked the judge to consider leveling a cease-and-desist order, administrative fines, and forced refunds against SBF and FTX US.

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Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs

DIGIT — Tue, 22 Nov 2022 05:59:34 +0000

The Texas State Securities Board is scrutinizing payments received by celebrities to endorse FTX US, as part of a wider probe into FTX’s collapse.

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A Committee of Celsius Creditors Objects to Celsius Selling Its Stablecoin Cache

DIGIT — Sat, 29 Oct 2022 20:00:53 +0000

A committee of unsecured creditors stemming from the Celsius bankruptcy case has filed a motion with the court to stop the now-defunct crypto lender from selling the company’s stablecoin holdings. The written protest by the group of creditors against the sale follows objections from a slew of securities regulators filed on Sept. 29. Creditors Object […]

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Texas Securities Regulators and Attorney General Object to FTX Purchasing Voyager Digital

DIGIT — Mon, 17 Oct 2022 19:30:27 +0000

Regulators from the state of Texas and the state’s attorney general are objecting to FTX purchasing Voyager Digital, as the state’s securities commissioner needs to “determine whether FTX US is complying with the law.” Texas State Securities Board, Department of Banking, and Attorney General File Objection Against FTX Buying Voyager Digital According to a bankruptcy […]

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State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins

DIGIT — Fri, 30 Sep 2022 14:00:23 +0000

As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29. On the same day, state securities officials from Vermont and Texas filed objections to the crypto lender accessing the company’s stablecoin cache. 15 days prior […]

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Texas, Vermont regulators object to Celsius stablecoin sale plan

DIGIT — Fri, 30 Sep 2022 03:15:07 +0000

A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds.

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Securities Watchdogs File Orders Against Crypto Lender Celsius

DIGIT — Sat, 18 Sep 2021 12:30:35 +0000

A news release published by the New Jersey government web portal indicates that the cryptocurrency lending platform Celsius has been sent a cease and desist order from the New Jersey Bureau of Securities. Furthermore, the Texas State Securities Board has ordered Celsius to appear at a hearing and is also threatening with a cease and […]

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Texas Cloud Mining Firm Shut Down After Fake Charity Pitch

DIGIT — Fri, 10 Apr 2020 05:52:00 +0000

Ultra Mining is accused of running a ‘recession special’ and touting a fraudulent $100,000 donation to coronavirus relief efforts

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