FTX class action lawyers move to block Sullivan & Cromwell’s dismissal motion
Lawyers for FTX class action are challenging Sullivan & Cromwell’s dismissal request, claiming the law firm facilitated FTX’s fraudulent activities.
Lawyers for FTX class action are challenging Sullivan & Cromwell’s dismissal request, claiming the law firm facilitated FTX’s fraudulent activities.
Original source
Read on CointelegraphRelated market context
SEC employees caught playing golf while claiming to work from home
This incident may undermine trust in remote work policies and impact future SEC funding requests, affecting its regulatory capabil...
Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a...
Banks are buying Bitcoin vaults, but a quantum problem may be waiting inside
The banks are finally buying the vaults. In May, BNY, the world's largest custodian with $59.4 trillion in assets under custody an...
US naval blockade of Iran spawns $344M in crypto scams targeting stranded vessels
The naval blockade's crypto scams highlight vulnerabilities in maritime security and underscore the need for robust digital fraud...
MetaMask reports connectivity disruption across multiple blockchain networks
The disruption highlights the vulnerability of decentralized finance ecosystems to single points of failure, impacting user trust...
Solana Foundation partners with Alatau City to boost Kazakhstan’s blockchain innovation ecosystem
Kazakhstan's strategic focus on blockchain innovation could position it as a leading tech hub in Central Asia, fostering economic...