Proceedings

Postponing the Trial: Do Kwon’s Plea to Delay Proceedings for Testimony by SEC

Leo NomistJan 12, 20242 min read

Former Terra CEO, Do Kwon, Seeks Trial Delay in SEC Case Do Kwon, the former CEO of Terra, is currently detained in Montenegro and awaiting extradition…

Controversy Arises as FTX Estate Receives Criticism for Decreased Cryptocurrency Asset Valuation During Bankruptcy Proceedings

Benito CormiDec 28, 20232 min read

FTX Customers Face Disappointment over Proposed Payouts Customers of FTX who are going through the bankruptcy process are expressing their dissatisfaction with the estimated claims provided…

Court Ruling: DCG Obligated to Retain Genesis During Bankruptcy Proceedings

Owen PatterDec 20, 20232 min read

Genesis Successfully Secures Legal Bid to Preserve Ownership Stake Genesis, a bankrupt crypto lender, has won a legal bid to prevent its parent company, Digital Currency…

Settlement Reached by FTX Debtors and Bahamian Subsidiary; Joint Bankruptcy Proceedings to be Coordinated Internationally

Theon BarrettDec 19, 20233 min read

Affiliated Debtors of FTX Reach Global Settlement with Bahamian Subsidiary Affiliated debtors of FTX, the crypto exchange that filed for bankruptcy protection in the U.S. last…

Safemoon Initiates Chapter 7 Bankruptcy Proceedings Following SEC Fraud Charges Against Founders

Wyatt NewsonDec 15, 20232 min read

SafeMoon Files for Bankruptcy Amid Fraud Allegations SafeMoon, a decentralized finance protocol, has filed for Chapter 7 bankruptcy protection following allegations of fraud and mismanagement. The…

Bloomberg: 3AC’s Su Zhu Set for Release, Confronts Singapore Court Proceedings

Theon BarrettDec 13, 20233 min read

Su Zhu, Co-founder of Three Arrows Capital, to be Released Following Arrest Su Zhu, co-founder of the now-defunct crypto hedge fund Three Arrows Capital (3AC), is…

Sam Bankman Fried’s Bankruptcy: The Bahamas Struggles with FTX’s Impact beyond Legal Proceedings

Leo NomistNov 17, 20233 min read

The Aftermath of the Sam Bankman Fried Bankruptcy: The Bahamas Faces Consequences Beyond the Courtroom Sam Bankman-Fried’s recent conviction and the subsequent FTX bankruptcy have had…

Hodlnaut, a Crypto Lending Platform, Faces Liquidation Proceedings

Owen PatterNov 12, 20232 min read

Terra Ecosystem Crash Affects Crypto Lenders Following the crash of Terra’s ecosystem 18 months ago, several digital asset companies, including crypto lenders like BlockFi, Celsius, and…

Hodlnaut, a Troubled Crypto Lender, Initiates Liquidation Proceedings in Singapore

Theon BarrettNov 10, 20232 min read

Hodlnaut Facing Liquidation Hodlnaut, a Singapore-based crypto lending firm, is set to be liquidated by its judicial managers, as per a document published by auditing firm…

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