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New York Law Journal

Former NFT Exchange Employee Sentenced to Three Months in Prison in First-of-Its-Kind Case

U.S. District Judge Jesse Furman said he saw a need for a sentence that amounted to "more than a slap on the wrist" in the case.
4 minute read

National Law Journal

As Feds Appeal Crypto Setback, Dearth of Regulation Strains US Market, Lawyers Say

"If your company is under enforcement investigation, to see smart judges disagree, it could give the company the idea to fight it," said Akin Gump Strauss Hauer & Feld white collar partner Parvin Daphne Moyne.
7 minute read

Daily Report Online

SEC Sues Business Owner, Alleging He Misled Investors About Stem Cell Products, 'Stemy Coin'

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

Daily Business Review

The 'Ripple Labs' Crypto Ruling Is Not the Landmark Decision Many Think It Is

  Every now and then, a court will issue a ruling that lawyers are equally excited and disappointed by. For me, U.S. Securities and Exchange…
6 minute read

New York Law Journal

Blockchain Company Sued Over $80M in Stock Options It Allegedly Denied Ex-Employee

A former Chainalysis employee claims the company breached a contract when it refused to grant him his vested stock options.
3 minute read

Law.com

SEC Freezes Assets of Utah-Based DEBT Box in $50M Crypto Scheme

The suit was first surfaced by Law.com Radar.
2 minute read

Texas Lawyer

X (aka Twitter) Files Dallas Suit, Accusing 5 in NFT Hacking Scheme

The defendants requested a password reset for a user earlier this month, then posted a link to purchase counterfeit NFTs. The link was a fraudulent phishing scheme designed to steal cryptocurrency from those who clicked on the link, the lawsuit alleges.
2 minute read

New York Law Journal

Sam Bankman-Fried Leaves Courtroom in Handcuffs, Lawyers Say They Will Appeal Bail Revocation

U.S. District Judge Lewis Kaplan of the Southern District of New York noted that the defense has raised concerns about Sam Bankman-Fried's First Amendment rights while he is under an interim gag order, but ruled that the concerns about witness intimidation outweigh that issue.
4 minute read

Delaware Business Court Insider

'That Was the Piggy Bank for Everyone': Lawyer for FTX Non-US Customers Weighs Bid for Recovery

Names of overseas creditors have been released by the bankruptcy court. The foreign creditors have formed an ad hoc committee represented by Eversheds Sutherland.
7 minute read

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