Lawyer Behind FTX Lawsuit Addresses Shaq Getting Served; Ether Balance on Exchanges Nears All-Time Low
The most valuable crypto stories for Friday, May 26, 2023.
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May 26, 2023 at 7:21 p.m. UTC
May 26, 2023
FTX
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Lawyer Behind FTX Lawsuit Weighs in on Celebrity Endorsements
A lawyer says basketball legend Shaquille O Neal has finally been served in a case involving FTX and the celebrities who appeared in their ads Adam Moskowitz Managing Partner at The Moskowitz Law Firm who is also the lawyer representing some FTX investors in the proposed class action lawsuit against the bankrupt crypto exchange discusses [...]
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May 26, 2023 at 4:46 p.m. UTC
May 26, 2023
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Shaq Is Served Again in FTX Lawsuit, Lawyer Says
Shaquille O'Neal has been served again in a class-action lawsuit against FTX and founder Sam Bankman-Fried. The NBA legend reportedly received a summons and complaint during Tuesday night's game between the Miami Heat and Boston Celtics. "The Hash" panel shares their reactions.
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May 25, 2023 at 4:53 p.m. UTC
May 25, 2023
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FTX CEO's Legal Billings Hint at Comeback for the Exchange
The latest billing report of FTX's new CEO John Ray III suggests that the exchange could be rebooted. "The Hash" panel discusses the possibility of building "FTX 2.0" and reacts to a new report from The New York Times on the evidence collected against the disgraced founder Sam Bankman-Fried.
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May 23, 2023 at 4:56 p.m. UTC
May 23, 2023
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Laura Shin Reflects on Crypto's Evolution in the Last Decade
As part of CoinDesk Turns 10, "The Cryptopians" author "Unchained" podcast host Laura Shin joins "First Mover" to reflect on the past, present, and future of the crypto industry. Shin discusses the lessons learned from the rise and fall of Sam Bankman-Fried's FTX, Do Kwon's Terraform Labs, and unpacks the history of Ethereum.
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May 23, 2023 at 2:22 p.m. UTC
May 23, 2023
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Crypto Journalist Laura Shin Reacts to Possible FTX Reboot
A recent court filing suggests that FTX CEO John J Ray III is working on devising a reboot plan for the now defunct crypto exchange FTX Filings show that Ray spent 6 7 hours on items related to 2 0 which is thought to mean FTX 2 0 a reboot of the exchange Laura Shin [...]
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May 23, 2023 at 2:20 p.m. UTC
May 23, 2023
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FTX CEO's Legal Billings Continue to Hint at '2.0 Reboot'
John Ray III billed just over 6.5 hours in his last cycle reviewing and working on what appears to be FTX 2.0 materials.
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May 23, 2023 at 5:02 a.m. UTC
May 23, 2023
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FTX Units Sue Former Executvies, Embed Shareholders to Retrieve $243M From Acquisition
The estate alleges FTX founder Sam Bankman-Fried and other "insiders" misappropriated company funds to acquire Embed in late September 2022, weeks before the crypto exchange filed for bankruptcy.
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May 18, 2023 at 9:35 a.m. UTC
May 18, 2023
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U.S. Court Asked to Reverse Decision to Not Appoint Independent Examiner in FTX Bankruptcy
A Delaware bankruptcy court judge had previously denied a motion to appoint a neutral examiner to avoid a lengthy and costly investigation that would slow the progress of the bankruptcy proceedings.
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May 18, 2023 at 8:09 a.m. UTC
May 18, 2023
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BlockFi Creditors Say Crypto Lender Was a Victim of Bad Management
The creditors committee said in a court filing that BlockFi was pressing a “false case narrative” by portraying itself as a victim, and more blame should be placed on its management.
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May 16, 2023 at 7:08 a.m. UTC
May 16, 2023