by COINS NEWS - 1 year ago
FTX owned an $11.5 million stake in a tiny rural bank in Washington state with just 3 employees, bankruptcy hearing shows
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by COINS NEWS - 1 year ago
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Cryptocoins News / Blockchain - 1 year ago
Alexsey Pertsev will spend another three months in Dutch prison. After 103 days in detention, he had a preliminary court hearing. The counsel stated the first session has been postponed until 2023 and that the state gave a one-sided view. (Read More)
Cryptocoins News / EthereumWorldNews - 1 year ago
The new CEO of FTX has assembled an investigation team to trace and secure company assets.Attorneys appearing for the exchange have admitted to poor management of the company.The lawyers have acknowledged the exchange’s unreliable financial records...
Cryptocoins News / The Cointelegraph - 1 year ago
Detained Tornado Cash developer Alexsey Pertsev will spend another three months in custody in the Netherlands, according to a court hearing held on Nov. 22. The prosecution outlined a broad overview of its investigation, painting Pertsev as a centra...
Cryptocoins News / The Cointelegraph - 1 year ago
The hearing, titled, “Why Congress Needs to Act: Lessons Learned from the FTX Collapse,” will be one of the first in which U.S. lawmakers explore what happened with the exchange....
by COINS NEWS - 1 year ago
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by COINS NEWS - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
The U.S. House Financial Services Committee is planning to investigate the FTX collapse, according to a joint press release published by the committee’s chair Maxine Waters and representative Patrick McHenry. Furthermore, a congressional hearing is s...
Cryptocoins News / The Cointelegraph - 1 year ago
“There is no sugarcoating it: the FTX collapse has been a dumpster fire,” said House Financial Services Committee ranking member Patrick McHenry. Members of the United...
by COINS NEWS - 1 year ago
The judge was a utter savage! He basically told Kirkland (the Debtors Counsel) to quit their BS. The word “Ponzi” was used very frequently lol. The judge instructed the UCC and examiner to look into a Ponzi designation. The judge literally said that...
Cryptocoins News / EthereumWorldNews - 1 year ago
Preferred shareholders of Celsius called for an investigation into claims of the crypto lender operating like a Ponzi scheme. The Judge has reprimanded Celsius’ attorneys for attempting to seal a motion regarding the $3 million employee bonus.Unse...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: A South Korean congressional hearing on the LUNA crash called Simon Seojoon Kim as a witness.Kim who is the CEO of Venture Capital firm Hashed failed to appear for the inquiry.The Hashed CEO whose company backed LUNA’s ecosystem s...
by COINS NEWS - 1 year ago
Basically Prime Trust decided that their case sucks (since they stole shitloads of $$) and returned what they had undissipated. Also, the Equity holders attempted to basically stake their claim, and the judge was not having it. He basically told the...
Bitcoin News / Bitcoinist - 1 year ago
Celsius Network had filed for bankruptcy following arguably the largest network collapse in the history of crypto. The lending platform had been caught in the crossfire, and further reports showed that it had a $1.2 billion hole in its balance sheet....
More / Etherum Reddit - 1 year ago
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Cryptocoins News / The Cointelegraph - 1 year ago
Crypto is just the tip of the iceberg, experts tell a U.S. House Financial Service subcommittee in testimony on payment systems and national security. Non-crypto alter...
by COINS NEWS - 1 year ago
The Office of the Securities and Exchange Commission (SEC) welcomes its opinions on the principle prohibiting digital asset operators from providing or supporting digital asset depository services that pay returns to depositors. and deposit taking &a...
by COINS NEWS - 1 year ago
Today has already been a monumental day for the crypto space but the day is just getting started! In 10 minutes or 10:00 AM EST, the Senate Agriculture Committee will be holding a hearing about a proposed piece of legislation (S. 4760) that will move...
Cryptocoins Exchanges / Binance - 1 year ago
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Cryptocoins News / The Cointelegraph - 1 year ago
Jerome Powell said that he also had “close family members” who argued that crypto was still in the development phase, suggesting Bitcoin proponents may be close to home....
Bitcoin News / Google News Bitcoin - 1 year ago
Cato Institute CEO says his daughter married the 'Bitcoin Sign Guy' from 2017 hearing& & Cointelegraph
Bitcoin News / Bitcoin.com - 1 year ago
The central bank and the Securities and Exchange Commission (SEC) of the Philippines discussed crypto regulation in a Senate hearing with the participation of several executives from the crypto industry, including from crypto exchange Binance. Phili...
Cryptocoins News / The Cointelegraph - 1 year ago
Binance is seeking licensing to establish a presence in the Philippines ahead of a moratorium and providing educational resources for future traders and blockchain developers....
Cryptocoins News / EthereumWorldNews - 1 year ago
Celsius’s debut bankruptcy hearing introduces alternatives for users to retrieve their funds back. The firm plans to make use of Bitcoin mining operations and third-party asset sales to accumulate funds and pay back its debt. After halting its...
by COINS NEWS - 1 year ago
TL;DR An emergency hearing was held today concerning Three Arrows Capital (3AC) and its recent bankruptcy filing. Judge Glenn Martin froze the firm's funds; he also gave liquidators the ability to claim assets and issue subpoenas. Three Arrows Capit...