Month: Januar 2023

FTX Lawyers Object to US Trustee’s Motion for Examiner

• FTX lawyers have filed objections to the US Trustee’s motion for an independent examiner, citing unwarranted cost. • The US Trustee overseeing the FTX bankruptcy case requested the court to initiate an independent probe in early December. • The FTX lawyers implied in a recent hearing that the cost of an independent examiner would […]

SEC Files Objection to Binance’s $1.022 Billion Acquisition of Voyager

• Binance announced the acquisition of Voyager digital assets for $1.022 billion last month. • The US Securities and Exchange Commission (SEC) has now filed a limited objection to Binance due to lack of information regarding the acquisition. • The SEC has requested Voyager to provide detailed information on the transaction if it failed to […]

Crypto Market Celebrates Bitcoin’s 14th Birthday, Readies for Stabilization in 2023

• The crypto market celebrated the fourteenth birthday of Bitcoin (BTC) in 2023. • Market strategists are optimistic the crypto market will stabilize in 2023 with some calling for a mini-bull market. • The cryptocurrency market has significantly been regulated around the world following the Terra Luna and FTX implosion. As the world ushered in […]

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