Delaware Business Court Insider
By Kat Black | June 6, 2024
A proposed class action, filed by Rosen Law Firm, accuses the crypto exchange company Coinbase of selling unregistered digital asset securities on its platform and failing to register the company as a broker-dealer with the SEC and state regulators.
By Michael A. Mora | June 5, 2024
"There's a tendency to treat crypto and meme coins as a joke where they don't need to be taken seriously," said Joe Delich, a partner at Freedman Normand. "But they're a real product."
By Michael A. Mora | May 30, 2024
The fallout from the litigation led to two U.S. Securities and Exchange Commission attorneys resigning from the agency.
By Michael A. Mora | May 30, 2024
The fallout from the litigation led to two U.S. Securities and Exchange Commission attorneys resigning from the agency.
By Ross Todd | May 29, 2024
Sean O'Neal, Tom Kessler, and Jane VanLare of Cleary Gottlieb Steen & Hamilton helped Genesis win approval for the settlement of the AG's Martin Act claims and its plan of reorganization, where dollar creditors are estimated to receive 100% of their claims and cryptocurrency creditors have estimated average recoveries of 77% on an in-kind basis.
By Jane Wester | May 28, 2024
Prosecutors asked that Ryan Salame receive a sentence of five to seven years, while defense counsel from Mayer Brown argued that a lower sentence of 18 months would be appropriate.
By Dan Roe | May 24, 2024
A court-appointed examiner cleared Sullivan & Cromwell of allegations that the law firm was aware of the fraud as it handled 20 matters for FTX before its bankruptcy filing.
By Ross Todd | May 24, 2024
Sean O'Neal, Tom Kessler, and Jane VanLare of Cleary Gottlieb Steen & Hamilton helped Genesis win approval for the settlement of the AG's Martin Act claims and its plan of reorganization, where dollar creditors are estimated to receive 100% of their claims and cryptocurrency creditors have estimated average recoveries of 77% on an in-kind basis.
By Jane Wester | May 22, 2024
Ryan Salame's attorneys from Mayer Brown asked U.S. District Judge Lewis Kaplan to impose a sentence of no more than 18 months, arguing that he was not part of FTX founder Sam Bankman-Fried's inner circle.
By Brian Lee | May 20, 2024
The settlement resolved a lawsuit James' office filed in state Supreme Court of Manhattan in October and establishes a victims' fund for Genesis' creditors, with the firm neither admitting nor denying the allegations.
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