Montenegro Prosecutors Seeks Custody of Terra Founder Do Kwon
Do Kwon and Han Chang-Joon, the co-founder and CFO of Terra/LUNA, face an appeal from Montenegro prosecutors who want them in custody for allegedly using fake passports. Do Kwon and Han Chang-Joon, the co-founder and chief financial officer of Terraform Labs, were arrested in Montenegro last month for allegedly using false passports from Belgium and […]
FTX sues Genesis, Affiliate, for $3.9 Billion
FTX claims that Genesis and GGC International owes it $3.9 billion in cash and cryptocurrency for loans and withdrawals made prior to the exchange’s collapse. The crypto exchange FTX, which filed for Chapter 11 bankruptcy in November 2021, is attempting to recover $3.9 billion in cash and cryptocurrency from Genesis Global Capital and its non-bankrupt […]
Aggrieved investor files lawsuit against BlockFi execs, Gemini
A class-action lawsuit was launched against BlockFi’s executives, two directors, and cryptocurrency exchange Gemini by an investor with approximately $2 million in frozen funds in the insolvent cryptocurrency lender. Investor Trey Greene accused the defendants of numerous wrongdoings, including violating the consumer fraud and exchange acts, breaching its fiduciary duties, and offering and selling unregistered […]
CoinEx faces lawsuit in New York for failure to register with state
The New York Attorney general Letitia James has filed a lawsuit against cryptocurrency exchange CoinEx stating that the company failed to register as a securities and commodities broker-dealer in the state. Letitia James, the attorney general of New York, has filed a lawsuit against cryptocurrency exchange CoinEx on the grounds that the company misrepresented itself […]
FTX files lawsuit to recover $446 Million from Voyager
Bankrupt crypto exchange FTX has filed a lawsuit against bankrupt crypto lender Voyager Digital to recover $446 million in loan repayment that was made by the former before filing for bankruptcy. According to sources, the insolvent cryptocurrency exchange FTX sued cryptocurrency lender Voyager Digital on Monday in an attempt to recoup $445.8 million in loan […]