Settlement

Settlement of Short-Term Debts to Dissolved Crypto Lender Genesis Finalized by DCG

Settlement of Short-Term Debts to Dissolved Crypto Lender Genesis Finalized by DCG

Blount CharlestonJan 7, 20243 min read

DCG Resolves Debts Amid Turbulence in the Crypto Sector The Digital Currency Group (DCG), a major player in the cryptocurrency sector, has achieved a significant milestone…

Breaking News: FTX Divests $100 Million Share to Dave at $71 Million in Legal Settlement

Breaking News: FTX Divests $100 Million Share to Dave at $71 Million in Legal Settlement

Gapster InnesJan 5, 20242 min read

Dave Distances Itself from Troubled FTX Fintech firm Dave has announced its plan to repurchase a $100 million convertible promissory note from FTX Ventures, the venture…

FTX’s Debtors Suggest Settlement for Litigation Involving $220 Million Embed Acquisition

FTX’s Debtors Suggest Settlement for Litigation Involving $220 Million Embed Acquisition

Blount CharlestonDec 27, 20233 min read

The Ongoing FTX Bankruptcy Saga Takes a New Turn The latest developments in the FTX bankruptcy case involve the acquisition of the stock-clearing platform Embed. FTX…

Revealing Ripple CLO Stuart Alderoty’s XRP Settlement with SEC Prior to 2020 Lawsuit

Revealing Ripple CLO Stuart Alderoty’s XRP Settlement with SEC Prior to 2020 Lawsuit

Cyrus DaileyDec 27, 20232 min read

SEC Requested Ripple to Confirm XRP’s Security Status In 2020, Ripple’s Chief Legal Officer Stuart Alderoty stated that the US Securities and Exchange Commission (SEC) formally…

Double Payments in Mt. Gox Creditors’ Settlement Funds Revealed as Exchange Seeks Remediation

Double Payments in Mt. Gox Creditors’ Settlement Funds Revealed as Exchange Seeks Remediation

Wyatt NewsonDec 27, 20233 min read

Mt. Gox Encounters Payment Error During Creditor Repayments Mt. Gox, the cryptocurrency exchange that collapsed in 2014, is facing a new hurdle as it tries to…

Settlement Reached in Embed Proceeding between Former FTX CEO Sam Bankman-Fried and Debtors

Settlement Reached in Embed Proceeding between Former FTX CEO Sam Bankman-Fried and Debtors

Wyatt NewsonDec 26, 20233 min read

FTX Reaches Settlement Agreement in Embed Proceeding The bankrupt crypto exchange FTX has reached a settlement agreement with its founder Samuel Bankman-Fried and others regarding claims…

Weekly Crypto Roundup: Binance Legal Settlement, BlackRock Updates, and More Updates

Weekly Crypto Roundup: Binance Legal Settlement, BlackRock Updates, and More Updates

Cyrus DaileyDec 24, 20234 min read

The Future of BTC ETF Approval In January 2024, there is a possibility that spot Bitcoin ETFs may be approved by the U.S. Securities and Exchange…

Ripple’s Legal Advisor Discloses SEC’s Settlement Conditions to Founders Pre-Lawsuit

Ripple’s Legal Advisor Discloses SEC’s Settlement Conditions to Founders Pre-Lawsuit

Bitro ConwellDec 23, 20232 min read

The SEC’s Attempt to Settle with Ripple Ripple’s Chief Legal Officer, Stuart Alderoty, recently revealed that the Securities and Exchange Commission (SEC) had offered to settle…

Stuart Alderoty Exposes Hypocrisy: Analysis of SEC’s Proposed Settlement with Ripple

Stuart Alderoty Exposes Hypocrisy: Analysis of SEC’s Proposed Settlement with Ripple

Cino GaperiDec 23, 20232 min read

Ripple Takes a Stand: No Settlement with the SEC Ripple’s Chief Legal Officer, Stuart Alderoty, recently revealed that the SEC proposed a settlement before suing Ripple.…

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