Court Cases | ForkLog

ForkLog 21 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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ForkLog 18 21.11.2023

Media: Changpeng Zhao to step down as Binance to pay $4.3 billion in penalties

The U.S. Department of Justice plans to announce separate but related enforcement actions in the Binance case.

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ForkLog 7 21.11.2023

Celsius poised to become a mining company if SEC approval is granted

Celsius Network will focus solely on cryptocurrency mining after restructuring. This will be possible if the amended plan is approved by the SEC.

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ForkLog 9 21.11.2023

Media highlight comedian Alexander Revva’s role in the Derevyanko crypto-company case

The showman Alexander Revva could become a key witness in the case involving Pavel Derevyanko and Grigory Muluzian's crypto company, as he owned the bot used to execute the deals.

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ForkLog 7 21.11.2023

Expert explains case of cryptocurrency realization to settle debts in Russia

Cooperation between Bitcoin exchanges and bankruptcy trustees is at an early stage, but Russia has previously had a precedent of debtor's digital assets being realized.

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ForkLog 15 21.11.2023

US DOJ seeks $4 billion from Binance to end investigations

The U.S. Department of Justice has sought $4 billion from the cryptocurrency exchange Binance as part of a deal to end the ongoing criminal investigation.

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ForkLog 25 12.11.2023

Russia fines Coinbase, the cryptocurrency exchange, 1 million rubles for failing to localize Russians’ data

A Moscow court fined the cryptocurrency exchange Coinbase 1 million rubles for failing to localize Russians' data. The information was reported by Vedomosti.

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ForkLog 28 11.11.2023

Court orders Hodlnaut liquidation and debt repayments to 17,000 customers

The Singapore-based crypto-lending platform Hodlnaut will be liquidated. EY said this, citing the court decision.

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ForkLog 24 11.11.2023

FTX sues Bybit to recover about $953 million in assets

FTX, in bankruptcy proceedings, filed a suit against the Bybit cryptocurrency exchange seeking to recover digital assets worth approximately $953 million that were withdrawn shortly before the collapse of Sam Bankman-Fried's platform.

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ForkLog 10 10.11.2023

Court delays ruling on bail for SafeMoon CEO

U.S. federal prosecutors paused the bail hearing for SafeMoon CEO John Karony. The court took into account authorities' concerns about possible flight risk and danger to the public.

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ForkLog 15 10.11.2023

Ex-head of OneCoin compliance pleads guilty

The former head of the legal and compliance department of the OneCoin cryptocurrency pyramid, Irina Dilkinska, pleaded guilty to fraud and money laundering.

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ForkLog 11 06.11.2023

Georgia extradites to the United States the organizer of a cryptocurrency-laundering scheme

Georgian authorities, at Interpol's request, extradited to the United States the suspect accused of running fraudulent money-laundering schemes through cryptocurrencies and binary options.

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