All by tag: Lawsuit

The parties have yet to clear regulatory hurdles before closing the deal

The plaintiffs are demanding to unlock $9 billion for shareholders of the Grayscale Bitcoin and Ethereum trusts

The representative of the Commission stated this during the consideration of the deal to sell the crypto broker Voyager to the US arm of the exchange

According to the broker’s report, this came after the bankruptcies of “several other major cryptocurrency trading venues and lending platforms”

The judge allowed the possibility that the verdict could also be passed in virtual space

The judge acknowledged that investors could expect to profit from the company’s efforts, which is the definition of a security

Attorney General Letitia James said the platform violated the Martin Act, used to combat financial fraud

The company failed to record about 7000 internal transfers worth billions of dollars

Prosecutors believe that Sam Bankman-Fried is pressuring witnesses in the case

They should have an insignificant value compared to the total asset base of the crypto exchange

Marc Zeller, a member of the DeFi protocol community, explained that since new BUSD are no longer being issued, the supply of the asset will trend to zero

Brian Armstrong stated that the program could not be considered an offer of securities