A bankruptcy judge has ruled in a court filing on March 15 that the $1 billion bid by Binance.US to purchase Voyager’s assets should proceed — rejecting the U.S. government’s request to suspend the proceedings while the appeal is pending. Per the court filing, the ruling judge rejected the government’s plea for a delay of…
Ad The U.S. government has appealed a judicial decision that approved the sale of Voyager Digital’s assets to Binance.US, according to a filing on March 9. Two government agencies filed the appeal: the U.S. Attorney’s Office for the Southern District of New York and the Office of the U.S. Trustee. Though the current filing does…
Ad Lawyer John Deaton is beginning a class action lawsuit to fight allegations Ethereum is a security. The Managing Partner of the Deaton Law Firm posted a link to a Google Docs form for concerned investors to sign up. Ethereum investors feel the heat On March 9, New York Attorney General Letitia James filed a…
Ad Bankrupt FTX proposed a retention plan that would pay the exchange’s employees bonuses of up to 94% of their salary, according to a March 8 court filing. The bonus is capped at $4,027,204 and is designed to cater to employees with “unique and specialized skillsets” that would be difficult to replace and are critical…
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Ad Federal appellate court judges questioned the SEC’s arguments during the first appeals hearing on March 7 and asked the regulator’s lawyer what more Grayscale Investments needs to offer to satisfy its requirements regarding a spot Bitcoin ETF. Chief Judge Sri Srinivasan and Judges Neomi Rao and Harry Edwards of the District of Columbia Circuit…
Ad The U.S. District Court of Appeals is set to hear Grayscale’s arguments against the SEC’s ruling to reject its spot Bitcoin ETF application in a few hours — the session will be streamed live. The SEC rejected Grayscale’s application in June 2022 on the basis that a spot ETF carries a greater risk of…
Ad FTX said that its affiliate Alameda Research has sued Grayscale, as indicated in a press release published by the former company on March 6. Alameda challenges fees, locked redemptions In its press release, FTX alleged that Grayscale gained more than $1.3 billion from “exorbitant” management fees over two years. It also complained that Grayscale…
Ad John Deaton voiced his support for the judge overseeing the SEC vs. Ripple case, despite accusations she is a “deep state” operative. Epstein didn’t kill himself In Aug. 2019, Epstein was found unresponsive as he was awaiting trial for underage sex trafficking charges. The New York Medical Examiner concluded he hung himself in an…
Ad An SEC lawyer has stated that both parties involved in Voyager Digital’s bankruptcy case come under securities regulations, according to a Bloomberg report on March 3. Binance.US, Voyager face securities regulations William Uptergrove, a U.S. Securities and Exchange Commission lawyer, said that SEC staff believe Binance.US operates an unregistered securities exchange. Binance.US is currently…