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Breaking news and analysis exploring how the legal industry and regulators are approaching virtual currency and other blockchain-enabled items.
By Maria Dinzeo | February 21, 2024
Ryne Miller is not a defendant in the shareholder lawsuit, but it asserts he helped funnel millions of dollars in work to Sullivan & Cromwell after he left the firm to join FTX in 2021.
6 minute read
Delaware Business Court Insider
By Maria Dinzeo | February 21, 2024
Ryne Miller is not a defendant in the shareholder lawsuit, but it asserts he helped funnel millions of dollars in work to Sullivan & Cromwell after he left the firm to join FTX in 2021.
5 minute read
By Patrick Smith | February 21, 2024
The new hires include Ladan Stewart, who headed the SEC's crypto and cyber litigation unit, as well as John Cahill, formerly a real estate finance practice group head at Paul Hastings.
4 minute read
By Kevin B. Frankel, Molly M. White and Alex J. Scandroli | February 20, 2024
The authors expect a wave of lawsuits against private equity firms by investors in the wake of private actions brought against the collapsed crypto platform FTX.
7 minute read
By Michael A. Mora | February 18, 2024
S&C has generated $180 million "or 10% of the total revenue the 900-lawyer firm publicly stated it collected in all of 2022," according to a new lawsuit by FTX investors.
4 minute read
Delaware Business Court Insider
By Ellen Bardash | February 7, 2024
The case, one attornmey said, uniquely issues of administrative, agency and securities law—and how they apply to a deal made at a time when regulatory standards for the crypto industry are evolving.
5 minute read
By Dan Roe | February 7, 2024
The crypto lender emerged from Chapter 11 at the end of January, with former customers receiving bitcoin, stock in a bitcoin mining operation and the rights to legal claims against founder Alex Mashinsky.
5 minute read
By Michael A. Mora | February 7, 2024
"In so doing, McCarter & English was so reckless and grossly negligent in their work that they crossed the line into soliciting the sale of unregistered securities and in actively participating in and enabling this RICO Conspiracy that has caused …billions in damages," the plaintiffs alleged in the nearly 110-page lawsuit.
4 minute read
By Michael A. Mora | February 7, 2024
The firm, the plaintiffs allege, "was so reckless and grossly negligent in their work that they crossed the line into soliciting the sale of unregistered securities and in actively participating in and enabling this RICO Conspiracy that has caused …billions in damages."
4 minute read
By Dan Roe | February 6, 2024
The crypto lender emerged from Chapter 11 at the end of January, with former customers receiving bitcoin, stock in a bitcoin mining operation and the rights to legal claims against founder Alex Mashinsky.
5 minute read
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