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The American Lawyer

SBF Planned Testimony: Sullivan & Cromwell Pressured Me to File for Chapter 11, Reneged on Promises

In planned congressional testimony published by Forbes, Sam Bankman-Fried alleged that FTX General Counsel Ryne Miller hired Sullivan & Cromwell, his former law firm, to help it earn massive legal fees on the company's bankruptcy.
2 minute read

Legaltech News

FTX and Beyond: Blockchain Will Require E-Discovery to Think 'Outside the Box'

While e-discovery experts expect blockchain-related litigation to push legal professionals to rethink their e-discovery workflows, they also noted that those challenges won't be so different from difficulties faced in the past.
6 minute read

Delaware Business Court Insider

FTX Bankruptcy Attorney: 'We Do Not Trust the Bahamian Government'

An attorney representing FTX in its Delaware bankruptcy claimed during a virtual hearing Wednesday there's no reason to give liquidators in the Bahamas total access to FTX's digital assets.
3 minute read

Legaltech News

Practical Perseverance Prognostication During Crypto Winter

After a challenging year for the blockchain industry, entrepreneurs and investors need to be focusing on their customer base, cybersecurity, changing regulations and more in order to position themselves for success in 2023.
5 minute read

New York Law Journal

Extradition Is Likely to Take Months for Sam Bankman-Fried, White-Collar Experts Say

The "sheer breadth" of the indictment and its relative brevity – especially its lack of references to specific pieces of evidence – stood out. But U.S. Attorney Damian Williams hinted that there are more charges to come.
4 minute read

Daily Business Review

Bankman-Fried Accused of Fraud by SEC After Bahamas Arrest

Sam Bankman-Fried misled investors, telling them that FTX had sophisticated risk controls and that their assets were secure, according to the U.S. Securities and Exchange Commission.
5 minute read

Delaware Law Weekly

Bayard Restructuring Director Speaks at ABI Winter Leadership Conference

On Dec. 10, Bayard restructuring director Evan T. Miller spoke at the American Bankruptcy Institute's Winter Leadership Conference in Palm Springs, California, on a panel titled "Dealing with Digital Assets."
2 minute read

New York Law Journal

Sam Bankman-Fried Indictment Unsealed: FTX Founder Charged With Fraud, Conspiracy

Prosecutors accused Bankman-Fried of defrauding FTX customers by using their deposits to pay the expenses of Alameda Research, the crypto hedge fund he founded, and defrauding Alameda's lenders by providing false information about its financial condition.
3 minute read

Daily Business Review

How the FTX Collapse Is Affecting South Florida Real Estate Transactions and Investments

"Real estate investors can hardly expect high returns on real estate investments, so we've provided them an option that without immediate payment, they can help secure large stakes in cryptocurrency, in Unicoin to be specific," said Alex Konanykhin, CEO and founder of Unicoin.
5 minute read

New York Law Journal

If an Organization Exists Only in Computer Code, Can It Be Sued?

This article will discuss how the cryptocurrency industry created DAOs and how they function. It will then explain how U.S. District Court Judge William W. Orrick permitted a unique use of technology to effectuate service.
7 minute read

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