All by tag: Lawsuit

Roger Ver has 20 days to respond to the charges

The co-conspirators are sentenced to 3 to 14 years in prison

The bankruptcy court dissolved the deal between the exchange and county representatives

The crypto broker will seek an expedited review of the deal for threats to US national security

The lawsuit alleges that Alex Mashinsky repeatedly made false and misleading statements about the company’s safety

Following the auction, the exchange intends to buy the broker’s assets for more than $1 billion

According to the complaint, Sam Bankman-Fried tried to hide the fact that customers’ assets were sent to accounts controlled by Alameda through a subsidiary

The assets will be held until the country’s Supreme Court orders their transfer to the bankrupt exchange’s customers and creditors

Users accuse the platform of shifting responsibility and hiding data about the incident

The affected users are asking the court to recognize their ownership of the remaining assets of the platform

Caroline Ellison said that the assets were used to make risky investments

While awaiting trial, Sam Bankman-Fried will live with his parents in Palo Alto, California