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The Recorder

Swan Bitcoin Enlists Gibson Dunn in Alleged Billion-Dollar Mining Heist Case

"As laid out in Swan's complaint, the theft of Swan's trade secrets and confidential information is staggering and alarming," said Harris M. Mufson, a partner at Gibson, Dunn & Crutcher.
4 minute read

New York Law Journal

Binance Sued in New York by American Gold Star, Hostage and Service Member Families

"Binance and Zhao thus enabled terrorist violence and should be held accountable not only to governments and regulators," the plaintiffs alleged in the 270-page complaint, "but also to the flesh-and-blood victims of the attacks they aided."
4 minute read

New York Law Journal

Former FTX Executive Caroline Ellison Sentenced to Two Years in Prison, $11 Billion Forfeiture for Fraud

District Judge Lewis Kaplan said Ellison's cooperation was substantial, but could not be a literal "get out of jail free card" given the scale of the fraud.
4 minute read

National Law Journal

SEC Lacks Regulatory Clarity, Consensus on Crypto, GOP Commissioners Say

"We've fallen down on our duty as a regulator, not to be precise," said Securities and Exhange Commission member Hester Peirce.
3 minute read

Law.com

Coinbase Lands Ryan VanGrack as VP of Legal, Global Head of Litigation

"Handling first-of-its-kind litigation for a cutting-edge crypto firm would be a challenge for anyone, but Ryan is up to the task," said Renato Mariotti, a partner at Paul Hastings who has previously worked with Ryan VanGrack.
3 minute read

National Law Journal

'$20 Billion in Damages': FTX Bankruptcy Estate and MDL Resolve Differences

"We're optimistic that in each of these cases, in FTX, in Voyager, we're going to be able to get people back their damages," said Adam Moskowitz, co-lead counsel in the FTX multidistrict litigation. "But that's looking backward. If you look forward, how will you deal with this situation?"
5 minute read

Daily Business Review

OpenSea Faces Class Action Lawsuit in Miami Over NFT Sales

"We're not just suing OpenSea in a class action like other lawsuits that will follow ours; we want to use this litigation to help create the framework of NFTs moving forward," said Adam Moskowitz, the managing partner at the Moskowitz Law Firm.
4 minute read

Law.com

UChicago Law Professors Release Desk Reference Breaking Down Crypto, Web 3 for Attorneys

"It's bound to be the reference of choice for lawyers and judges alike," Paul Grewal, the chief legal officer for Coinbase Inc., said on X.
4 minute read

National Law Journal

Federal Reserve's Half-Point Rate Cut Expected to Have an Impact on Crypto Litigation, Experts Say

The Federal Reserve's actions could lead to bigger litigation budgets and a higher degree of risk tolerance in the cryptocurrency space, said Alex More, a partner and head of litigation of Carrington, Coleman, Sloman & Blumenthal.
3 minute read

New York Law Journal

SEC Obtains $750K Settlement From 'World's First NFT Restaurant'

"The line between innovation and a potential securities violation remains murky," said Helen Gugel, a partner at Am Law 10 firm Ropes & Gray who is not involved in the matter.
4 minute read

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