All by tag: Lawsuit

Prosecutors expected the businessman to appear in a US court on fraud charges as early as March 25

The two companies alternately filed for bankruptcy in November 2022

This ruling was made in absentia following the SEC’s settlement agreement with a former Coinbase manager in an insider trading case

They will also be given powers to destroy such assets if necessary

The platform owns about $1,6 billion worth of GBTC, ETHE, and ETCG shares

The company operated in 2020-2022 under the names HyperFund, HyperVerse, and HyperTech

The prosecutor’s office requested a minimum of 17 years in prison for Mark Scott

A crypto lending company appealed to the international arbitration institute, ICSID

The issuers of the asset, Crowd Machine and Metavine, were found guilty in an SEC lawsuit and must pay more than $20 million in fines

At the moment, the businessman is being held in custody in Montenegro

The company’s debt to creditors is estimated at $3,3 billion

The company was also required to implement a standardized corporate structure with a board of directors and audit and compliance committees