Tag: Legal proceedings
Court Approves 3AC’s Claim Against FTX Amid Creditor Battle
In a recent development in the aftermath of the collapse of Sam Bankman-Fried's crypto empire, the Delaware bankruptcy court has approved Three Arrows Capital (3AC) to significantly expand its claim against FTX. This decision,...
Federal Judge Dismisses SEC Case Against Richard Heart
In a recent development, a federal judge has dismissed the U.S. Securities and Exchange Commission's (SEC) lawsuit against Richard Heart, the well-known founder of HEX, PulseChain, and PulseX. The SEC had alleged that Heart...
HashFlare Co-Founders Plead Guilty in $577M Ponzi Scheme
Two Estonian nationals, Sergei Potapenko and Ivan Turõgin, have recently pleaded guilty to a $577 million Ponzi scheme involving their company Hashflare. The scheme, which defrauded hundreds of thousands of investors worldwide, resulted in...
