Court

Court

Finance

FTX Units Sue Former Executvies, Embed Shareholders to Retrieve $243M From Acquisition

The estate alleges FTX founder Sam Bankman-Fried and other "insiders" misappropriated company funds to acquire Embed in late September 2022, weeks before the crypto exchange filed for bankruptcy.

Bitcoin Corporate Treasury Adoption (Shutterstock)

Finance

U.S. Court Orders SEC to Respond to Coinbase Allegations Within 10 Days

Coinbase last week argued the SEC is providing insufficient regulatory guidance for U.S. companies operating in the crypto sector

SEC, ICO Fraud

Policy

Crypto Exchange Zipmex's Restructuring Plan Approved by Singapore Court

The company's request for a three-week extension of creditor protection to last until April 23 was also granted.

(Shutterstock)

Policy

Three Arrows Capital's Kyle Davies Ordered to Respond to Subpoena Within 2 Weeks

The U.S. bankruptcy court also ruled the crypto hedge fund's liquidators' service of a subpoena to Davies via Twitter complied with due process.

(Shutterstock)

Policy

British Virgin Islands Court Orders 3AC Founders to Attend Examination on May 22

The Three Arrows Capital founders will be found in contempt of court if they fail to reply to the order.

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

Policy

Sam Bankman-Fried's Lawyers, Prosecutors Agree on Proposed Bail Conditions

The FTX founder will be given a new phone without internet access and a laptop with limited functionality.

Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)

Policy

Do Kwon Charged, Due in Montenegro Court for Extradition Hearing: AFP

Terraform Labs founder Kwon was arrested in Montenegro on Thursday for document forgery.

Terraform Labs co-founder Do Kwon (CoinDesk TV)

Markets

FLEX Token Rises 21% After CoinFLEX Restructuring Plan Approved

The crypto exchange filed for restructuring in August 2022 after suspending withdrawals earlier that summer.

Seychelles-based CoinFLEX received court approval for its restructuring plan. (Pascal Ohlmann/Pixabay)

Finance

Crypto Lender Vauld Gets Further Extension for Restructuring Plan

Vauld's existing legal protection from its creditors expires on Feb. 28.

Singapore (Shutterstock)

Policy

Celsius Debtors Release Sale Plan, Choose NovaWulf as Plan Sponsor

The plan was reached in consultation with the official committee of unsecured creditors.

Celsius Logo (Celsius Network)