SEC pushes back against Coinbase’s ‘overly broad’ discovery requests
The regulator claims that Coinbase’s document discovery requests are overly broad and disproportionate to the needs of the case. Go to Source
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Coinbase narrows subpoena, wants Gensler’s emails during time as SEC Chair
Coinbase initially demanded a subpoena into Gary Gensler’s private communications before his time as SEC Chair but has changed tactics in its latest letter to the judge. Go to Source
Crypto exchange FTX gets nod to sell $873M of assets to repay creditors
Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC. Go to Source
Appeals court rejects Sam Bankman-Fried’s bid for release
The court cited Sam Bankman-Fried’s alleged witness tampering as the main grounds for rejecting his release bid. Go to Source
Fraud trial of Mango Markets exploiter behind alleged $116M theft pushed to April
Attorneys representing the alleged fraudster, Avraham Eisenberg, convinced the judge that more time was needed to sift through discovery materials submitted by U.S. prosecutors. Go to Source
Ripple Labs bites back against SEC’s request to file appeal
Ripple’s chief legal officer said no “extraordinary circumstance” in the case exists which warrants the Court to accept the SEC’s request for leave. Go to Source
Breaking: Court victory for Ripple as judge denies SEC motion to seal Hinman docs
United States District Judge Analisa Torres made the order on May 16 in a win for Ripple. Go to Source Powered by WPeMatico
Mainstream media renew push for non-US FTX user identities
A May 3 filing to the United States Bankruptcy Court brings new objections to a motion that aimed to redact customer identities. Go to Source Powered by WPeMatico
Coinbase supports new court action to remove Tornado Cash ban
The motion is part of a broader effort to restore internet privacy rights for U.S. citizens. Go to Source Powered by WPeMatico
FTX seeks to claw back $460M from Bankman-Fried-backed VC firm
While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a costly legal battle. Go to Source Powered by WPeMatico
