Court
SEC Scores Default Win Against Thor Token Company and Founder David Chin
Default judgements typically occur when the opposing party fails to take certain action, either failing to attend a trial or meet certain deadlines for filing documents.
Sam Bankman-Fried’s Two Multimillion-Dollar Jets May Be Forfeit, DOJ Says
The assets, whose ownership is in dispute, could potentially be used to pay back creditors of FTX.
Coinbase’s Attempt to End SEC Lawsuit Should Be Rejected, U.S. Regulator Argues
“To distract from the fatal flaws in its legal arguments, Coinbase cries foul and seeks to blame the SEC for its current legal predicament,” the SEC said in a Tuesday court filing.
‘Ethereum Supreme Court’ Mooted by Blockchain Executive as Alternative to ‘Code Is Law’
A proposal from Matter Labs co-founder Alex Gluchowski would see a “hierarchical system of on-chain courts” arbitrate on-chain disputes.
Grayscale Victory Against SEC Clears Path for Spot Bitcoin ETFs: Bernstein
The ruling increases the likelihood the SEC might approve all bitcoin spot ETF applications together, the report said.
Sam Bankman-Fried Wants to Seal Caroline Ellison's Diary, Inner City Press Opposes
Inner City Press was previously involved in opposing Bankman-Fried's bid to keep bail co-signers secret, and has now asked the court to schedule a hearing on the matter if required.
Former FTX CEO Sam Bankman-Fried Is Due Back in Court
A judge is considering banning "parties and witnesses" in the FTX case from speaking to the media as Sam Bankman-Fried is expected in court Wednesday afternoon. CoinDesk's global policy and regulation managing editor Nikhilesh De discusses the latest developments in the legal proceedings as Bankman-Fried is set to go on trial in October.
Digitex Founder Ordered to Pay $16M to Resolve CFTC Action, Banned From Trading
The CFTC’s 2022 case – its first against a crypto futures exchange for operating illegally – ended in a default judgment against founder Adam Todd.
SEC vs Coinbase Case Set for July 13 After Exchange’s ‘Creative' Opening Response
The date for the court hearing is much earlier than expected, prompted by a "creative" defense tactic by Coinbase – it filed its response 40 days before the deadline of August 7, 2023.
Bankrupt Crypto Exchange Bittrex U.S. Set to Allow Withdrawals Starting Thursday
The move follows a Tuesday ruling from a Delaware court.
