FTX lawyers S&C file $7.5M invoice for November services

Latest Report Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause Is Bitcoin poised for a new low or has the bottom been set at $15,500? CryptoSlate analyzed on-chain and macro data to present both sides of the argument. Andjela Radmilac · 4 days ago

US prosecutors seek postponement of fraud charges by CFTC, SEC against SBF

U.S. prosecutors have asked that the fraud cases against FTX founder Sam Bankman-Fried not proceed until the conclusion of the government’s criminal case against him, according to court documents. Damian Williams, the main prosecutor overseeing the criminal case against Bankman-Fried, wrote that the Commodities Future Trading Commission and the Securities and Exchange Commission had both…

SBF lawyers reach agreement on messaging apps usage

Latest Report Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause Is Bitcoin poised for a new low or has the bottom been set at $15,500? CryptoSlate analyzed on-chain and macro data to present both sides of the argument. Andjela Radmilac · 3 days ago

Ex-Coinbase Manager files to dismiss SEC claims

Former Coinbase Product Manager Ishan Wahi has urged the court to dismiss insider trading charges against him — claiming that the U.S. Securities Exchange Commission (SEC) lacks the authority to classify tokens as securities. The SEC arrested Ishan Wahi and his brother Nikhil Wahi in July 2022 for insider trading charges —alleging that the brothers…

Elon Musk cleared in trial over Tesla tweets

Members of a jury have cleared Tesla CEO Elon Musk in a case that accused him of securities fraud, according to a report from CNBC on Feb. 3. Jury declares Musk not liable Shareholders initially sued Musk over several tweets dating back to August 2018. At that time, Musk said that he had secured funding…

Craig Wright’s lawsuit against multiple Bitcoin developers will go to trial

A lawsuit from Craig Wright that aims to have Bitcoin developers surrender crypto and modify code can go to court, Reuters reported  Feb. 3. Wright is suing 15 developers in an attempt to obtain 111,000 BTC worth $2.5 billion. Supposedly, Wright suffered a hack years ago, leading him to lose access to keys that would…

Logan Paul faces class-action lawsuit over failed CryptoZoo NFT project

A class action lawsuit was filed against YouTube influencer Logan Paul and his associates over the failed crypto project CryptoZoo, according to a Feb. 2 court filing. A Texas resident Don Holland filed the lawsuit and alleged that the defendants executed a “rug pull.”  CryptoZoo was promoted via Paul’s online platforms, convincing thousands of people…

DOJ probes Silvergate over FTX, Alameda ties

The U.S. Department of Justice is probing Silvergate Capital over its dealings with FTX and Alameda Research, according to a Feb. 2 report from Bloomberg. Silvergate Bank has reportedly not been accused of wrongdoing, and the investigation could conclude without any charges being filed against the firm. The DOJ has not officially announced the probe….