Court Cases | ForkLog

ForkLog 21 27.03.2023

American sentenced to four years and three months in prison for $21m ICO fraud

The court sentenced the CEO of Titanium Blockchain Infrastructure Services (TBIS), Michael Alan Stollery, to four years and three months in prison, the Department of Justice said.

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ForkLog 22 27.03.2023

Do Kwon to appeal Montenegro detention-extension ruling

CEO of Terraform Labs (TFL) Do Kwon will appeal the Montenegro court's decision to extend his detention for up to 30 days. Arirang NEWS reports.

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ForkLog 18 24.03.2023

Do Kwon charged in Montenegro

Montenegrin authorities have charged Terraform Labs (TFL) co-founder and CEO Do Kwon with document forgery. Reuters reports.

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ForkLog 13 24.03.2023

Mysten Labs to buy back its shares and token warrants from the FTX bankruptcy estate

Mysten Labs, the Sui‑focused blockchain startup, will acquire a stake in the project owned by the FTX exchange, which is undergoing bankruptcy proceedings, including warrants on utility tokens. The deal value is $96.3 million, according to CoinDesk.

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ForkLog 22 23.03.2023

SEC files suit against Justin Sun

The U.S. Securities and Exchange Commission (SEC) has charged Tron founder Justin Sun and three of his companies with an unregistered offer and sale of crypto asset securities in the form of Tronix (TRX) and BitTorrent (BTT).

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ForkLog 11 21.03.2023

FTX sues Bahamian liquidators of FTX Digital Markets

FTX, the crypto exchange undergoing bankruptcy proceedings, has filed a lawsuit against the liquidators of Bahamas-registered FTX Digital Markets (FDM) in a bid to gain control of assets. The Block reports.

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ForkLog 13 17.03.2023

Amazon Go accused of illegal biometric surveillance

Cashless Amazon Go stores were accused of violating New York City's biometrics disclosure rules.

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ForkLog 30 17.03.2023

Texas couple sentenced in San Antonio for $250,000 cryptocurrency fraud

The San Antonio court in Texas handed down a sentence against a married couple on charges of SIM-swapping fraud, according to a statement from the U.S. Department of Justice.

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ForkLog 11 17.03.2023

Lawsuit filed against YouTube influencers for promoting FTX

Several YouTube bloggers faced a class-action suit for "active promotion" of the collapsed cryptocurrency exchange FTX, The Block reports.

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ForkLog 20 16.03.2023

Sam Bankman-Fried seeks to have FTX cover his legal bills

Former FTX boss Sam Bankman-Fried (SBF) sought to use Directors&Officers Liability insurance to cover the lawyers' bills, The Block reports.

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ForkLog 20 13.03.2023

AI startup accused of illegal legal practice

DoNotPay, the company developing an AI-powered lawyer, faced a collective lawsuit over allegedly practicing law without a license.

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ForkLog 17 09.03.2023

Voyager Digital to set aside $445 million for Alameda Research payouts

A federal judge approved the agreement between the FTX exchange and Voyager Digital, under which the crypto broker will reserve $445 million to pay claims by Alameda Research. The Block reports.

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