Court Cases | ForkLog

ForkLog 20 08.11.2022

Court rules LBRY’s tokens are securities

A New Hampshire judge, Paul Barbadoro, granted the SEC's suit against the blockchain startup LBRY for alleged securities-law violations in the sale of its own tokens.

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ForkLog 24 03.11.2022

Bankruptcy petition filed against developer of Russia’s ‘national digital currency’

A bankruptcy petition has been filed against Take Wing, a company partly owned by Ruslan Glazyev, son of former State Duma deputy Sergei Glazyev.

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ForkLog 23 01.11.2022

Hodlnaut losses from Terra collapse estimated at $190 million

Hodlnaut's losses from the Terra collapse amounted to about $190 million, according to a Singapore bankruptcy court filing cited by Bloomberg.

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ForkLog 11 31.10.2022

Singapore class-action against Do Kwon seeks $57 million

Hearing in early November in a Singapore court will take place on a class-action filed against Terraform Labs and its co-founder Do Kwon, on behalf of more than 350 investors. They claim they lost $57 million as a result of the collapse of the TerraUSD (UST) stablecoin, The Wall Street Journal reports.

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ForkLog 18 31.10.2022

Blockchain Association backs Ripple in lawsuit against the SEC

The nonprofit Blockchain Association has backed Ripple in its lawsuit against the U.S. Securities and Exchange Commission (SEC).

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ForkLog 10 28.10.2022

Celsius bankruptcy trustee rejects $2.96 million employee bonus payout

The restructuring trustee at Celsius Network objected to the proposed $2.96 million bonus payout to part of the team for staying on. He cited the lack of sufficient information in the motion.

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ForkLog 26 25.10.2022

Former Bithumb chief faces potential prison term

The former chairman of the Bitcoin exchange Bithumb, Lee Jong-hoon, could face an eight-year prison term on charges of defrauding investors of $70 million. Prosecutors have made similar demands, Yonhap reports.

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ForkLog 16 25.10.2022

Court approves asset auction schedule for Celsius Network

A federal bankruptcy judge approved the plan for Celsius Network asset auctions. Auctions could wrap up by the end of the year.

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ForkLog 12 21.10.2022

Texas Sues Google Over Biometric Data Collection

Texas authorities filed suit against Google over the collection and use of users' biometric data without consent.

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ForkLog 17 21.10.2022

Ripple Obtains Internal SEC Documents on Hinman Speech

Ripple has obtained internal SEC documents related to Hinman’s 2018 speech.

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ForkLog 16 21.10.2022

Crypto Custodian Prime Trust to Return $17 Million in Tokens to Celsius Network

The crypto custodian Prime Trust has agreed to return $17 million in tokens to the Celsius Network lending platform, which is undergoing restructuring. CoinDesk reports.

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ForkLog 19 20.10.2022

FTX US proposes returning 72% of Voyager customers’ frozen assets

A preliminary deal between FTX US and the bankrupt Voyager Digital would return to its customers 72% of the value of their assets. Bloomberg reports.

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