Bankruptcy
FTX bankruptcy faces new hurdles as SEC flags repayment concerns
Coinbase's Paul Grewal criticized the SEC's filing for adding uncertainty to FTX's bankruptcy proposal and stablecoin use.
Assad Jafri 3 min read
Legal News
Read crypto legal news on court cases, enforcement actions, lawsuits, and legal disputes affecting digital asset markets.
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Binance exec seeks bail in Nigeria amid deteriorating health issues
Family of the detained Binance exec Tigran Gambaryan slammed Nigeria for withholding medical care.
Legal
Salame withdraws dismissal request, clears way for Bond’s campaign finance trial
Former FTX executive Ryan Salame retracted the petition to void his guilty plea, enabling Bond to confront allegations in her own defense.
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NFL Players Association sues DraftKings for $65M over Reignmakers NFT dispute
The lawsuit alleges that DraftKings breached its licensing agreement with the NFLPA by terminating payments owed under the contract.
Exchanges
WazirX embarks on 30-day moratorium as rival seeks to recover around $10 million in stuck funds
WazirX said the moratorium would give it "breathing space" in its efforts to recover the stolen $235 million.
Regulation
OpenSea CEO vows to fight SEC’s NFT crackdown with $5 million defense fund
OpenSea CEO Finzer stated that the SEC's Wells Notice threatens innovation and could harm the livelihood of many.
Crypto
Telegram community condemns Pavel Durov’s arrest in open letter, calls it violation of human rights
The #FreeDurov community's letter called Durov's arrest a direct attack on freedom of expression and privacy principles.
Legal
Polymarket betting leans against Telegram chief’s August release
Durov's arrest in France has sparked international demands for his release.
Exchanges
US government disputes ex-FTX exec Ryan Salame’s bid to undo guilty plea
Salame's defense argued that during his plea negotiations, prosecutors implied they would not continue investigating Bond, his partner, for her role in the same activities.
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Regulation
Abra agrees to settle with the SEC over unregistered securities sales
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French prosecutors charge Telegram CEO Pavel Durov with complicity in child exploitation, drug trafficking
Legal
Thailand authorities raid illegal mining operation west of Bangkok
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