US Supreme Court knocks back case over $4.4B Silk Road Bitcoin
The top court in the US won’t hear Battle Born Investments’ case claiming it purchased rights to 69,370 Bitcoin seized by the US from the online black market Silk Road. Go to Source
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Spot ETH ETFs launch — Are Ethereum derivatives traders positioned for upside?
The spot ETH ETFs are live, but how are pro traders positioned in the options market? Go to Source
Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors
Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured … Read more
FTX lawyers, creditors slam SBF’s petition to get legal fees reimbursed
The creditor’s committee and FTX lawyers have raised several arguments in objecting to Bankman Fried’s request. A hearing date is set for April 12. Go to Source Powered by WPeMatico
Celsius wants to extend the deadline for claims as lawyer fees mount
Administrative expenses from the bankruptcy proceedings have already topped $53 million, and continued delays are chipping away at Celsius’ estate. Go to Source Powered by WPeMatico
FTX wants permission to sell FTX Japan and FTX Europe as well as LedgerX
The four businesses FTX wants to sell had only recently been acquired, and lawyers argue this simplifies the sale process. Go to Source Powered by WPeMatico
FTX Japan drafts plan to return client funds
The Japanese subsidiary one of 134 companies been caught up in FTX’s bankruptcy proceedings but has been drafting a plan to return client funds. Go to Source Powered by WPeMatico
Tokenized real estate market could hit $1.4T despite a slow start, report claims
London-born advisory and accountancy network Moore Global has published a new report gathering expert opinions worldwide about the future of the tokenized real estate market. Go to Source Powered by WPeMatico
Bitcoin After Death: The Perils of Sharing One’s Fortune
If you are a young fortune-hunter toiling away on a computer in a basement, the prospect of death probably isn’t among your top considerations. Equally, if the main draw to crypto is its relative privacy, you may not be particularly eager to share your private keys with your loved ones, as a hacker could sift … Read more
Cryptocurrency Recognized as Valuable Property by Russian Court
A Russian arbitration court of appeals has recognized cryptocurrency as a property with value in its ruling on Monday. This overturned a previous ruling by another court even though Russia currently has no legal framework for cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Recognized as Property The Ninth Arbitration Court of … Read more
