Tag: REUTERS-LEGAL

Crypto lender Celsius propped up its token, benefiting insiders – U.S. bankruptcy examiner
Crypto

Crypto lender Celsius propped up its token, benefiting insiders – U.S. bankruptcy examiner

DNNS January 31, 2023

SINGAPORE/LONDON, Jan 31 (Reuters) - Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance ... Read More

Exclusive: Binance moved $346 mln for seized crypto exchange Bitzlato, data show
Crypto

Exclusive: Binance moved $346 mln for seized crypto exchange Bitzlato, data show

DNNS January 24, 2023

LONDON, Jan 24 (Reuters) - Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by ... Read More

(OFFICIAL) FBI says N. Korea-related hacker group behind U.S. crypto firm heist
Crypto

(OFFICIAL) FBI says N. Korea-related hacker group behind U.S. crypto firm heist

DNNS January 24, 2023

Jan 23 (Reuters) - A hacker group associated with North Korea, the Lazarus Group, also known as APT38, was responsible for the theft last June ... Read More

Delaware judge smacks shareholder lawyers in forum selection flap
Fintech

Delaware judge smacks shareholder lawyers in forum selection flap

DNNS January 20, 2023

(Reuters) - A jurisdictional puzzle that has recently divided federal appellate courts left lawyers for an IT services company in quite an awkward spot this ... Read More

Factbox: The many companies in Digital Currency Group’s crypto empire
Crypto

Factbox: The many companies in Digital Currency Group’s crypto empire

DNNS January 20, 2023

Jan 20 (Reuters) - U.S. crypto company Digital Currency Group (DCG) is at the center of the industry's latest meltdown after the lending arm of ... Read More

FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solvent
Crypto

FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solvent

DNNS January 18, 2023

Jan 17 (Reuters) - Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen ... Read More

Morrison Foerster grows fintech practice with Bank of England hire
Fintech

Morrison Foerster grows fintech practice with Bank of England hire

DNNS January 17, 2023

(Reuters) - U.S. law firm Morrison & Foerster is bringing its global fintech practice to London with the addition of former Bank of England senior ... Read More

Failed crypto exchange FTX has recovered over $5 bln, attorney says
Crypto

Failed crypto exchange FTX has recovered over $5 bln, attorney says

DNNS January 11, 2023

FTX valued a year ago at $32 blnOver $8 billion in FTX customer funds missingPlan to sell FTX affiliates presented in courtNEW YORK/WILMINGTON, Del., Jan ... Read More

Crypto plaintiffs’ firms pin hopes on key ruling in government’s Ooki case
Crypto

Crypto plaintiffs’ firms pin hopes on key ruling in government’s Ooki case

DNNS January 4, 2023

(Reuters) - It’s been scarcely two weeks since a California federal judge issued a groundbreaking decision that said a crypto collective called the Ooki DAO ... Read More