Court Cases | ForkLog

ForkLog 17 30.11.2023

Court approves FTX plan to liquidate Grayscale and Bitwise shares worth $744 million

A Delaware bankruptcy judge approved the motion by FTX and affiliated entities to sell Grayscale and Bitwise trust shares worth $744 million.

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ForkLog 12 29.11.2023

DCG to pay $620 million to settle Genesis lawsuit

Digital Currency Group has reached a new debt-repayment agreement of $620 million with its bankrupt subsidiary Genesis Global Holdco LCC to settle the lawsuit.

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ForkLog 17 29.11.2023

Cristiano Ronaldo accused of promoting Binance

A group of plaintiffs has filed a lawsuit against football star Cristiano Ronaldo, alleging that they suffered losses due to the athlete's promotion of the Binance cryptocurrency exchange.

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ForkLog 17 28.11.2023

Judge bars Changpeng Zhao from leaving the United States until verdict is delivered

The U.S. court did not allow CZ to return to the UAE before consideration of the Justice Department's motion seeking to bar the former Binance chief from leaving the country due to flight risk.

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ForkLog 12 24.11.2023

Lawyers challenge motion to bar Changpeng Zhao from leaving the United States

CZ's legal team representing former Binance chief Changpeng Zhao filed an objection to prosecutors' motion to revisit his current release terms.

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ForkLog 10 24.11.2023

Montenegro court approves extradition of Do Kwon

A court in Podgorica (the capital of Montenegro) has ruled in favour of extraditing Terraform Labs founder Do Kwon.

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ForkLog 7 23.11.2023

Former Russian police officer jailed for 12 years for Bitcoin bribe

The former head of the narcotics control department for the Republic of Mordovia was found guilty of receiving bitcoins as a bribe.

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ForkLog 12 23.11.2023

Netflix director buys Dogecoin instead of filming a series, nets $27m

Carl Erik Rinsch, the director of 47 Ronin, received funding from Netflix to shoot a new series and used part of it to buy Dogecoin.

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ForkLog 9 23.11.2023

Prosecutors seek to bar CZ from leaving the United States

Former Binance CEO Changpeng Zhao must remain in the United States until the verdict in his case on February 23, 2024, according to prosecutors’ motion.

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ForkLog 33 22.11.2023

How Binance Lost the U.S.: A Timeline of the Regulators’ Confrontation

The summer for Binance began with the SEC's lawsuit, and autumn ended with a $4.3 billion fine. ForkLog recalls the difficult six months for the exchange and highlights the key events.

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ForkLog 23 22.11.2023

Binance founder Changpeng Zhao released on $175 million bond

The court released Binance founder Changpeng Zhao (CZ) from custody on a $175 million bond.

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ForkLog 17 21.11.2023

Changpeng Zhao to pay $50 million under U.S. DOJ settlement

Binance will pay $1.81 billion over 15 months, and $2.51 billion as part of the settlement with the U.S. Department of Justice. Meanwhile, the exchange’s head Changpeng Zhao (CZ) will personally pay $50 million.

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