August 15, 2024 | The Recorder
Google Sued Over $5M in Crypto Stolen by 'Malicious' Wallet App in App Store"The key piece of information is going to be whether Google was aware that it had a scam app operating on its app store and how long it allowed that to persist," said Andrew Dressel, a lawyer who has a specialty in crypto litigation and is not involved in the matter.
By Michael A. Mora
4 minute read
August 13, 2024 | Daily Business Review
Podhurst Orseck, Client and Ex-Partner Face Nearly $575K in Attorney Fees"This appears to be one of those cases where it is probably best to find a resolution as the fees and expenses will just continue to mount," said Ed Mullins, a partner at Reed Smith who is an attorney fees expert not involved in the matter.
By Michael A. Mora
4 minute read
August 12, 2024 | Daily Business Review
SEC Sues Couple, Their Company and Its Promoters in $650M Global Crypto Fraud Case"The only way to avoid a lot more victims in the next decade is if the industry is regulated," said Joel Hirschhorn of Hirschhorn Law, who is not involved in the matter.
By Michael A. Mora
3 minute read
August 12, 2024 | National Law Journal
Coinbase Slams SEC's Proposal to Amend Definition of Term 'Exchange'"Further, the SEC starts from an assumption that there is some problem with the industry in need of correction, yet fails to prove that problem's existence," said Paul Grewal, the chief legal officer of Coinbase Inc.
By Michael A. Mora
3 minute read
August 07, 2024 | New York Law Journal
Trader Convicted in First US Crypto Manipulation Case Moves for AcquittalAvraham Eisenberg faces up to two decades behind bars for his $110 million heist.
By Michael A. Mora
3 minute read
August 06, 2024 | New York Law Journal
SEC Urges Judge to Deny Coinbase's 'Breathtakingly Broad' Subpoena Request"This court's anticipated decision(s) in this discovery dispute will certainly impact the drafting of discovery towards the SEC on a go-forward basis," Daniel Maland, the Florida Bar chair of crypto and blockchain education, said in an email.
By Michael A. Mora
4 minute read
August 05, 2024 | New York Law Journal
Market Correction Opens Crypto Industry to Increased Litigation"If history is any indication, substantial dips in the value of cryptocurrencies are likely to lead to more litigation," said Helen Gugel, a litigation and enforcement partner at the Am Law 100 firm Ropes & Gray.
By Michael A. Mora
3 minute read
August 02, 2024 | Texas Lawyer
Texas Judge Enters Setback for SEC in Crypto-Securities ActionU.S. District Judge Mark Pittman previously expressed apprehension over entering a ruling and setting a "moving target precedent."
By Michael A. Mora
4 minute read
August 01, 2024 | Daily Business Review
MDL Judge Faces Ruling on Who Should Be in Charge of Claims by FTX CustomersIn a response to three questions posed by the federal district court in Miami, Adam Moskowitz, managing partner at the Moskowitz Law Firm, announced on Thursday that all FTX victims may actually be made "whole" in the multidistrict litigation.
By Michael A. Mora
5 minute read
July 31, 2024 | National Law Journal
Judge Approves 45-Day Prison Delay for Ex-FTX Executive 'Mauled' by German Shepherd"Defendants about to be sentenced who have medical issues often try and treat them before they begin incarceration because, unfortunately, they are unlikely to receive great medical care in prison," said Mark E. Bini, a partner at Reed Smith.
By Michael A. Mora
3 minute read
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