By Jane Wester | April 5, 2024
U.S. District Judge Jed Rakoff of the Southern District of New York said he intends to rule on penalties no later than the first week of May, after receiving briefs from the defendants and the U.S. Securities and Exchange Commission.
By Jane Wester | April 5, 2024
After hearing nearly two weeks of evidence in the civil fraud case, jurors in the Southern District of New York on Friday began deliberating on whether cryptocurrency company Terraform Labs and its founder Do Kwon defrauded investors by lying about the company's success.
By Jane Wester | April 5, 2024
Jurors have begun deliberating on whether the cryptocurrency company and its founder defrauded investors by lying about the company's success.
By Maydeen Merino | April 3, 2024
"[E]very lawyer here knows what the test is to determine whether a crypto asset was offered and sold as an investment contract, and therefore a security: It's the Howey test," said Gurbir Grewal.
By Jane Wester | March 28, 2024
U.S. District Judge Lewis Kaplan noted the ex-crypto entrepreneur's "exceptonally privileged background" in meting out his sentence.
By Jane Wester | March 28, 2024
Bankman-Fried, 32, was also ordered to forfeit more than $11 billion. His attorneys at Mukasey Young, led by Marc Mukasey, have said he will appeal.
Delaware Business Court Insider | News
By Ellen Bardash | March 26, 2024
"The difficulty with valuing crypto assets as opposed to other assets is they have no inherent value," a bankruptcy judge observed.
By Jane Wester | March 25, 2024
Terraform's attorneys at Denton and founder Do Kwon's attorneys at Kaplan Hecker & Fink maintained, during their own opening statements, that their clients did not lie.
By Dan Roe | March 21, 2024
Judge John Dorsey ordered the appointment of Patterson Belknap of counsel Robert Cleary to conduct a 60-day investigation of the FTX collapse.
By James Cooper and Kashyap Kompella | March 20, 2024
One crucial fact that observers often miss is this: There is not just a technology race underway globally, but also a "regulation of technology" race.
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