law

FTX’s Bankman-Fried challenges law firm’s role in prosecution

0xMain
May 10, 2023

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FTX founder Sam Bankman-Fried seeks to involve FTX’s current leadership and its legal representatives at Sullivan & Cromwell in the criminal case against him, claiming their extensive cooperation with the government. This move could significantly impact his defense strategy and bring new complications...

Do Kwon sent roughly $7m to Korean law firm before TerraUSD crash

0xMain
April 17, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Prosecutors have revealed that Terraform Labs co-founder, Do Kwon, sent a payment of 9 billion won ($7 million) to a Korean law firm named Kim & Chang just before...

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Federal Reserve bars Custodia, says operations inconsistent with the law

0xMain
March 25, 2023

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The board of governors of the Federal Reserve System, better known as the Fed, has officially confirmed that they denied Custodia their application to be part of its network. The Fed is concerned about Custodia’s abilities In an updated statement on Mar. 24, the United...

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Lawyer may sue Coinbase, Robinhood for securities law violations

0xMain
March 10, 2023

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Leading securities lawyer Tom Grady is reportedly preparing to file a lawsuit on behalf of retail investors against top U.S. crypto exchanges Coinbase, Robinhood, and others. According to reports, Grady alleges that these exchanges have violated state and federal securities laws by transacting...

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US law firm Pomerantz launches investigation into Paxos

0xMain
February 17, 2023

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Pomerantz has launched an investigation into Paxos on behalf of customers to unravel any wrongdoing by the Binance USD (BUSD) stablecoin issuer in the wake of the former’s battle with the Securities and Exchange Commission (SEC). Pomerantz investigating Paxos Pomerantz, a corporate securities...

Nexo writes open letter to Vaulds creditors presents final proposal

Crypto lender Nexo raided by law enforcement in Bulgaria

0xMain
January 13, 2023

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Crypto lender Nexo saw its offices in Bulgaria raided by police officers in what is reportedly part of an investigation into the cryptocurrency firm. Reports indicate that Bulgarian authorities are looking into Nexo for alleged tax evasion and money laundering crimes. 300 police...