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Tag: Court

Nevada court approves regulator’s petition to place Prime Trust into receivership, pending hearing

July 18, 2023 wp-bot Cointelegraph

Prime Trust will have the opportunity to show why a petition from the Nevada Financial Institutions Division should not be permanently granted in an Aug.

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Marathon shareholders file lawsuit against company’s top management

July 18, 2023 wp-bot Cointelegraph

The CEO and other top executives are accused of a breach of fiduciary duties, unjust enrichment and wasting corporate assets.

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Bankrupt Celsius to spend $24M from GK8 sale on legal expenses

July 18, 2023 wp-bot Cointelegraph

After buying GK8 for $115 million in 2021, Celsius is selling it for $25 million, spending 96% of the sale proceeds on legal fees.

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Thodex CEO sentenced to Turkish prison for failure to submit tax documents

July 18, 2023 wp-bot Cointelegraph

Faruk Fatih Özer failed to submit the requested documents to the Tax Inspection Board. He denied being Thodex’s official at the time, which prevented him

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SEC v. Ripple referred to judge who ordered release of ‘Hinman Documents’

July 17, 2023 wp-bot Cointelegraph

Judge Analisa Torres has sent the remaining issues in the SEC v. Ripple case to Magistrate Judge Sarah Netburn.

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Ripple CLO says court ruling could encourage banks to adopt XRP: Report

July 17, 2023 wp-bot Cointelegraph

A July 13 court ruling in Ripple’s legal battle with the SEC suggested XRP may not necessarily be a security, a decision which has already

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