Genesis settlement disrupted by new creditor demands, DCG says
Under the initial settlement plan, Genesis creditors were expected to receive 80% recovery of funds lost due to the bankruptcy.
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Judge approves taps on SBF’s parents’ phones to meet bail conditions
Surveillance software installed on Sam Bankman-Fried’s parents’ phones will track every minute of their activity across browsers, messaging and calls.
Do Kwon lawyers reportedly dismiss SEC’s securities fraud allegation
Kwon's lawyers claimed that the SEC failed to prove the alleged defrauding of US investors in connection with Terra’s $40 billion collapse of TerraUSD (UST) and Luna (LUNA).
‘BitBoy Crypto’ intentionally misses court appearance to address alleged harassment
YouTuber and Crypto Twitter personality Ben Armstrong openly mocked a federal judge's authority, tweeting pictures of himself on a beach during an ordered court appearance.
Zipmex requests 2-month extension from Singapore court for restructuring plan
A ruling from Singapore’s High Court originally allowed Zipmex a moratorium until December 2022 to handle debt relief amid reported liquidity issues.
Core Scientific debtors petition bankruptcy court to approve new president
The debtors appointed Adam Sullivan, a managing director at investment banking firm XMS Capital Partners, to assume the role of president amid the firm’s bankruptcy proceedings.
Celsius Network to make April 12 filing, including info on voting for restructuring plan
"Our Disclosure Statement will provide a summary of the Plan, account-holder recovery percentages, FAQs, and additional information on certain risk factors," said Celsius.
CZ, Binance, influencers face $1B lawsuit for unregistered securities promo
While three American citizens brought in the case, the lawsuit alleges that “millions” of people could be eligible for damages.
South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin
A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of…
Bitcoin profits are taxable in certain cases, says Denmark’s supreme court
The country’s supreme court released two decisions for cases in which different crypto users gained profits from sales of BTC “made for the purpose of speculation” and mining.
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