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Latest Court News
Cryptocurrency exchange Binance is tightening requirements for listing new tokens on its platform.
A U.S. district court has changed the bail conditions for Binance cryptocurrency exchange founder Changpeng Zhao and ordered him to surrender his Canadian passport.
The Terraform Labs and UST crisis triggered a market crash, costing investors billions. Now, nearly two years on, what’s the current state of this cryptocurrency turmoil? Do Kwon, the founder of Terraform Labs and the developer of TerraUSD (UST) and…
The U.S. Securities and Exchange Commission (SEC) revealed suspicious movements of Terraform Labs’ funds. According to Reuters, the SEC discovered a payment of $166 million to the company’s lawyers from Terraform Labs. The exact date of the regulator’s statement is…
In a recent trial in Washington, Ilya Lichtenstein disclosed how he carried out the monumental Bitcoin theft from the crypto exchange Bitfinex in 2016.
Binance Holdings Ltd. has been ordered to pay $4.3 billion as part of a plea deal approved by US District Judge Richard Jones, marking one of the heftiest criminal penalties in US history.
Terra founder Do Kwon will be extradited to the U.S. following months of back and forth between courts in Montenegro.
Famed crypto YouTuber and SBF insider Tiffany Fong goes on record saying the infamous image of the famed ex-FTX CEO circulating on the internet is legit. Independent crypto reporter Tiffany Fong shared a photo of the founder of the collapsed…
New York-based law firm Sullivan & Cromwell may be appointed as an independent monitor for Binance Holdings Ltd. According to a Bloomberg report, Sullivan & Cromwell is the leading contender for the coveted observer position, likely beating out a crowded…
The sentencing date for the founder and former CEO of the largest crypto exchange, Binance, Changpeng Zhao, has been postponed. According to CNBC, the sentencing date has been pushed back to April 30. Zhao was initially scheduled to be sentenced…
Uzbekistan will demand through court that Binance pay a fine in the amount of 102 million soms, about $8,200, for working without a license. The National Agency for Prospective Projects (NAPP) of Uzbekistan will demand through a court that the…
Montenegrin authorities have extradited Han Chang-joon, the chief financial officer of the now-defunct cryptocurrency firm Terraform Labs, to South Korea. According to Reuters, citing the Montenegrin Ministry of Justice, Han Chang-joon, and Terraform Lab CEO Do Kwon, accused in the…
Ben Armstrong, known in the cryptocurrency world as Bitboy, has announced the cessation of his daily live stream. Armstrong’s decision comes amid a flurry of personal and legal challenges, including a significant financial strain due to the production costs of…
Explore the comprehensive breakdown of what happened to FTX in 2023: from Sam Bankman-Fried going to jail to his ex-girlfriend’s confessions. The crypto industry has always been filled with captivating stories of massive success, overnight failures, notorious scams, and overwhelming…
The U.S. Court of Appeals has approved a confiscation order for cryptocurrencies associated with the darknet platform Silk Road. The resolution was adopted on Dec. 20. The court approved the confiscation of 69,370 Bitcoins (BTC) and other cryptocurrencies as part…
Assets worth about $1 billion belonging to the cryptocurrency hedge fund Three Arrows Capital (3AC) founders were frozen by a British Virgin Islands court. As stated by the firm’s liquidator, a British Virgin Islands court has frozen about $1 billion…