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New York Law Journal

SEC Says Terraform Labs and Its Founder Built 'House of Cards' as Civil Fraud Trial Opens

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.
3 minute read

The American Lawyer

Patterson Belknap Litigator Confirmed as FTX Examiner

Judge John Dorsey ordered the appointment of Patterson Belknap of counsel Robert Cleary to conduct a 60-day investigation of the FTX collapse.
3 minute read

Legaltech News

Regulating Digital Assets: Can the United States Avoid Being a Legislative Luddite?

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.
6 minute read

New York Law Journal

Feds Want Sam Bankman-Fried Sentenced to 50 Years

In their memo, prosecutors described Bankman-Fried's actions as "one of the largest financial frauds in history, and what is likely the largest fraud in the last decade."
2 minute read

New York Law Journal

Montgomery McCracken Replaces Cohen & Gresser as Bankman-Fried's Lawyers in SEC, CFTC Actions

The SEC and CFTC cases against Bankman-Fried have been stayed since February 2023 pending the conclusion of his criminal case. U.S. District Judge Kevin Castel is presiding over both cases.
2 minute read

Texas Lawyer

$88K in Attorney Fees Wiped Out in Improperly Pled Bitcoin Suit

Coinmint, a cryptocurrency mining company, was denied attorney fees for work performed in Delaware, but retained its right by default judgment to buy out Mintvest's interest in the company.
5 minute read

Texas Lawyer

Texas Detour: Federal Survey of Energy Use by Cryptocurrency Miners Halted

"The government mandated the collection of a wealth of proprietary and sensitive information, singling out one industry for political reasons," plaintiffs' co-chair Chris Davis said.
5 minute read

New York Law Journal

Bankman-Fried's Attorneys Call for Leniency in Sentencing

Bankman-Fried's attorneys at Mukasey Young, led by Marc Mukasey, described the 100-year sentence recommendation in Bankman-Fried's presentence report as "barbaric" and "grotesque."
3 minute read

The American Lawyer

For Sullivan & Cromwell, Pre-Petition FTX Work Bites Back

Class-action plaintiffs and an appellate judge are curious about the regulatory and M&A work Sullivan & Cromwell did for FTX before the exchange collapsed.
7 minute read

New York Law Journal

Bankman-Fried Trial Attorneys to Withdraw From Case Before Sentencing, FTX Founder's New Lawyer Tells Judge

Bankman-Fried's new attorneys, Marc Mukasey and Torrey Young of Mukasey Young, are set to file his sentencing memorandum.
3 minute read

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