A $700 Million Bonanza for the Winners of Crypto’s Collapse: Lawyers
Posted inBankruptcies BlockFi Inc Celsius Network LLC Compensation for Damages (Law) Computers and the Internet Genesis Global Capital HK FTX Trading Ltd (Futures Exchange) KIRKLAND & ELLIS Legal Profession Prices (Fares, Fees and Rates) Suits and Litigation (Civil) Sullivan & Cromwell Virtual Currency Voyager Digital LLC

A $700 Million Bonanza for the Winners of Crypto’s Collapse: Lawyers

Bankruptcy lawyers and other corporate turnaround specialists have reaped major fees from the bankruptcies of five cryptocurrency companies, including FTX.
Regulators Put More Pressure on Binance, the Crypto Giant
Posted inBank of Japan Bankman-Fried, Sam Binance Credit Suisse Group AG Gensler, Gary S Harris Associates HK FTX Trading Ltd (Futures Exchange) internal-storyline-no Law and Legislation Lee, Thomas H Regulation and Deregulation of Industry SOFTBANK Corporation TikTok (ByteDance) Voyager Digital LLC

Regulators Put More Pressure on Binance, the Crypto Giant

Binance, the world’s biggest cryptocurrency exchange, faces a fresh wave of scrutiny from regulators and lawmakers.
FTX Victims Face a Tough Road Getting Their Money Back
Posted inBank of Japan Bankman-Fried, Sam Binance Boehly, Todd Buffett, Warren E Digital Currency Group Inc Frauds and Swindling Gates, Bill HK FTX Trading Ltd (Futures Exchange) House Select Committee to Investigate the January 6th Attack Madoff, Bernard L Picard, Irving H Salame, Ryan Singh, Nishad Standard & Poor's 500-Stock Index Stocks and Bonds Tesla Motors Inc Twitter Voyager Digital LLC

FTX Victims Face a Tough Road Getting Their Money Back

The bankrupt crypto exchange owes billions to a long line of creditors. Getting their money back could prove difficult, given the unique nature of cryptocurrency assets.
What the Banks Stock Rally Says About Wall Street
Posted inBank of America Corporation Banking and Financial Institutions BlockFi Inc Celsius Network LLC Colgate-Palmolive Company Dorsey, Jack Goldman Sachs Group Inc JPMorgan Chase & Company Morgan Stanley Musk, Elon Stocks and Bonds Tesla Motors Inc Twitter Voyager Digital LLC Wells Fargo & Company

What the Banks Stock Rally Says About Wall Street

A strong batch of earnings have propelled bank stocks in recent days, but investors remain more cautious on the outlook of Goldman Sachs and Morgan Stanley.