Tag: Settle

An Over $14 Billion Strategy to Settle Debts

On May 7, FTX Trading Ltd. and its associated debtors filed an updated Plan of Reorganization. They filed it with the United States...

Genesis Settle with the US SEC for $21 Million

Bankrupt cryptocurrency lender Genesis has opted to settle a lawsuit with the United States Securities and Exchange Commission (SEC), agreeing to a settlement...

Cleared To Sell $873 Million In Assets To Settle Debts

The sale of around $873 million in trust assets by the insolvent cryptocurrency exchange FTX can now begin, and the money will go toward...

Binance Could Settle DoJ Case, But It Will Cost $4 Billion

The United States Department of Justices has put a price on what is required for the world’s largest crypto exchange to settle its...

NFL’s Trevor Lawrence, YouTubers Settle FTX Promotion Lawsuits

NFL quarterback Trevor Lawrence, along with YouTube personalities Kevin Paffrath and Tom Nash, have settled their lawsuits related to the promotion of the...

Bittrex and Former CEO William Shihara Settle With SEC for $24M

Cryptocurrency exchange Bittrex and its former CEO William Shihara have agreed to settle charges brought to them by the United States Securities and...

Kraken Agrees to Settle with US Regulators for Violating Sanctions

Cryptocurrency exchange Kraken has agreed to pay the penalty to settle civil liability related to apparent violations of sanctions on Iran. As part...

Ethereum Insiders Settle Wrapped Ethereum Insolvency FUD

Rising concerns began circulating on Nov. 26 regarding Wrapped Ethereum (WETH) becoming unpegged with ETH. Some speculated that WETH wasn’t backed 1:1 by...