U.S. trustee objects to FTX's hiring of New York law firm Sullivan and Cromwell, citing potential conflict of interest

Law Firm Thunderstorm Strikes FTX Bankruptcy: Will the Dust Ever Settle?

The collapse of cryptocurrency exchange FTX has sparked controversy surrounding the actions of law firm Sullivan & Cromwell (S&C). Legal scholars allege conflicts of interest in S&C's involvement, particularly regarding their handling of FTX's bankruptcy proceedings and lucrative financial ties. The appointment of a new CEO and ethical concerns over S&C's actions further complicate the situation. Despite defenses and complexities, questions persist about S&C's role and the implications for stakeholders.

New York Times Attacks Bitcoin With Piece Full Of Misinformation

Daniel Batten accused the article of cherry picking its data.

Rajah & Tann partner Danny Ong leaves to start law firm focused on crypto disputes

Law Firm Investigating Bitcoin Miner Core Scientific for Alleged Securities Fraud

An investigation was launched against Core Scientific over claims that its leadership had been involved in securities fraud and activities that negatively affected its stock price.

Former Celsius Founder Sued by NY Attorney General

New York Attorney General Letitia James is suing former-CEO and co-founder of Celsius Network Alex Mashinsky.

Miners Threaten To Abandon New York As State Gives Nod To Bitcoin Mining Ban

Crypto miners are in for a major showdown with legislators. The relatively low cost of providing electricity in New York ...

New York State Senate passes Bitcoin mining moratorium

The bill once, approved by Governor Kathy Hochul, would make New York the first state in the U.S to put a moratorium on crypto mining.

Terra Loses More Form: Do Kwon Faces Tax Evasion Charges; Law Firm Sues To Seize Properties

The multibillion-dollar collapse of Terra Labs' stablecoin and the LUNA token is still ringing across the cryptocurrency industry, and numerous ...

FTX US applies for trust charter in New York

Crypto exchanges Coinbase and BitGo have previously received trust charters from New York's financial regulator, allowing the firms to offer crypto custody services.

Law Decoded: The difference between New York City and New York State, April 25-May 2

The New York State moratorium on PoW mining reinvigorates the conversation around the crypto industry's sustainability.