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New York Law Journal

Trader Convicted in First US Crypto Manipulation Case Moves for Acquittal

Avraham Eisenberg faces up to two decades behind bars for his $110 million heist.
3 minute read

New York Law Journal

SEC Urges Judge to Deny Coinbase's 'Breathtakingly Broad' Subpoena Request

"This court's anticipated decision(s) in this discovery dispute will certainly impact the drafting of discovery towards the SEC on a go-forward basis," Daniel Maland, the Florida Bar chair of crypto and blockchain education, said in an email.
4 minute read

New York Law Journal

Market Correction Opens Crypto Industry to Increased Litigation

"If history is any indication, substantial dips in the value of cryptocurrencies are likely to lead to more litigation," said Helen Gugel, a litigation and enforcement partner at the Am Law 100 firm Ropes & Gray.
3 minute read

National Law Journal

FBI 'Pressure on Companies'?: DOJ Launches New Whistleblower Awards Program

Having 120 days to self-report corporate wrongdoing for a nonprosecution agreement "puts pressure on companies," Arnold & Porter Kaye Scholer partner Jane Norberg said. "This puts pressure on doing internal investigations quickly."
4 minute read

Texas Lawyer

Texas Judge Enters Setback for SEC in Crypto-Securities Action

U.S. District Judge Mark Pittman previously expressed apprehension over entering a ruling and setting a "moving target precedent."
4 minute read

Daily Business Review

MDL Judge Faces Ruling on Who Should Be in Charge of Claims by FTX Customers

In a response to three questions posed by the federal district court in Miami, Adam Moskowitz, managing partner at the Moskowitz Law Firm, announced on Thursday that all FTX victims may actually be made "whole" in the multidistrict litigation.
5 minute read

National Law Journal

Judge Approves 45-Day Prison Delay for Ex-FTX Executive 'Mauled' by German Shepherd

"Defendants about to be sentenced who have medical issues often try and treat them before they begin incarceration because, unfortunately, they are unlikely to receive great medical care in prison," said Mark E. Bini, a partner at Reed Smith.
3 minute read

Legaltech News

Settlers of Token: How to Draft Settlement Agreements When the Payment Is in Cryptocurrency

Entering into a settlement agreement where one party makes a payment denominated in cryptocurrency raises a host of questions that a careful lawyer must evaluate.
8 minute read

Daily Business Review

Defendants in $575M Crypto Fraud Freed After Fed's Star Witness Discredited

"Whenever you ask the court to do something that no judge in the district has done before, and only a handful of judges around the country have done, and when the magistrate judge has already disagreed with you, it presents a challenge, to say the least," said Andrey Spektor, a partner at Norton Rose Fulbright.
4 minute read

The American Lawyer

FTX Customers Double Down on Claims Against Sullivan & Cromwell

A Monday court filing opposing Sullivan & Cromwell's motion to dismiss reiterated claims that the law firm aided the fraud at FTX.
3 minute read

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