FTX
Brewing Battle Over Control of Private FTX Cases
As a battle over control of private litigation from the fallout of crypto exchange FTX is brewing, the Moskowitz Law Firm Managing Partner Adam Moskowitz discusses why his firm, along with Boies Schiller Flexner, filed a petition last week requesting a special panel of judges to move all of the private FTX cases to federal court in Miami. Plus, his take on why celebrities who endorsed FTX should be held liable for allegedly violating Florida law.
SALT Lending CEO: FTX Fallout Led to 'Paranoia' Within the Industry
In November, online investing platform Bnk To The Future terminated its planned acquisition of SALT Lending after the latter informed customers it would pause withdrawals and deposits on its platform due to an unspecified exposure to FTX. SALT Lending CEO and Director Shawn Owen discusses the current status of withdrawals and deposits after the crypto lender recently closed a $64.4 million Series A funding round.
SALT Lending Raises $64.4M to Resume Operations
Crypto lender SALT has closed a $64.4 million Series A funding round from a share sale to accredited investors less than three months after a planned sale fell through due to the implosion of centralized crypto exchange FTX. SALT Lending CEO and Director Shawn Owen discusses the raise, business plans, and outlook for crypto lending.
FTX Bankruptcy Judge Allows Company to Subpoena Bankman-Fried; Craig Wright Loses Bitcoin Copyright Claim in UK Court
U.S. Judge John Dorsey ordered that FTX's new leadership and its official creditor committee can subpoena the crypto exchange's founders and former executives, including Sam Bankman-Fried. Plus, the file format of the Bitcoin blockchain can’t be protected by copyright, a U.K. judge has found, ruling against self-proclaimed inventor Craig Wright.
Kraken's Head of Strategy on Crypto Winter Outlook
Recently, Kraken closed its Abu Dhabi office less than a year after securing a license in the region. This comes after the crypto exchange announced a wave of layoffs last year. Kraken's Head of Strategy Tomas Perfumo addresses reorganization, saying it was "independent of any any of event like FTX [but] born out of the notion we're trying to focus."
Crypto VC Funding Outlook in the Wake of FTX's Collapse
SPiCE VC co-founder and managing partner Tal Elyashiv discusses the responsibility of venture capitalists and outlook on funding for crypto startups in the wake of FTX filing for bankruptcy. Plus, his outlook on investments in the AI and blockchain space as those technologies continue to evolve.
Sam Bankman-Fried's Bail Modification Request Rejected by Judge
U.S. District Judge Lewis Kaplan of the Southern District of New York rejected a joint request to modify former FTX CEO Sam Bankman-Fried's bail conditions to allow him to use certain messaging tools. The motion is "denied without prejudice" until a hearing on Thursday. "The Hash" panel discusses the latest developments.
Independent FTX Examiner May Cost Crypto Exchange $100M, Court Told
A bankruptcy court judge declined to rule definitively on whether to appoint an independent examiner to the FTX bankruptcy case. The U.S. government argued that the statute called for the judge to demand such an examination, while FTX said a probe would represent a costly duplication. Baric & Associates Partner Steve Baric weighs in on the latest legal proceedings and the potential biggest hurdles for FTX’s new chief executive, John J Ray III.
FTX Bankruptcy Judge Mulls Request to Appoint Independent Examiner
The U.S. bankruptcy judge overseeing FTX's Chapter 11 proceedings is considering a request by the U.S. Department of Justice to appoint an independent examiner to investigate the exchange's collapse. Murphy and McGonigle Founder James Murphy weighs the pros and cons of an independent examiner and shares his legal analysis.
