FTX Challenges IRS 🤝💼
FTX says IRS demand for $24 billion in unpaid taxes is delaying recovery of user funds

In the latest twist of the FTX-IRS saga, FTX lawyers demand the IRS substantiate its $24 billion tax claim, calling it "absurd and meritless." FTX, in bankruptcy, contends it never earned enough to owe such colossal taxes. The IRS, reducing its initial $44 billion claim, insists on its estimation's correctness. FTX claims the IRS's stance delays creditor payouts. The legal showdown continues with the next hearing on Dec. 13. Stay tuned for updates! ⚖️💸 #FTX #IRSLawsuit #LegalDrama #FTT #FTXTrial

🚨👨‍⚖️ The sentencing hearing for #Binance founder CZ is underway, and it's already making headlines! 🔥 Judge Richard Jones made a bold statement, disagreeing with the DOJ's request for an enhancement to the sentencing guidelines. ⚖️ Despite the prosecution's push for a 3-year sentence, Judge Jones pointed out a crucial factor: There's no evidence that CZ was ever informed of any illegal activity. 🚫💼 This revelation could have significant implications for the outcome of the case! 🤯 Stay tuned for more updates as the hearing unfolds! 📰 #JusticePrevails #LegalDrama 💼🔍

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Breaking News: Do Kwon's Legal Saga Unfolds – From Montenegro to Terraform Civil Case!

South Korean citizen, Do Kwon, recently released from prison, faces new legal hurdles as Montenegrin authorities detain him pending extradition proceedings. Kwon's lawyer, Goran Rodić, challenges this move, arguing for his client's right to defend himself while free.

In a twist, Montenegro's Supreme Court postpones Kwon's extradition to South Korea, awaiting a ruling on the legality of the process. The prosecution objects to the simplified extradition procedure, alleging legal violations.

Meanwhile, in the Terraform civil case, the SEC accuses Kwon and Terraform of deceiving investors about TerraUSD's stability. The SEC paints a grim picture, blaming TerraUSD's downfall for a staggering $40 billion investor loss and triggering market turmoil.

Defense attorneys for Kwon and Terraform counter the SEC's claims, emphasizing the absence of risk-free guarantees and challenging the evidence presented.

Stay tuned as these legal battles unfold, shaping the fate of Kwon and the future of Terraform amidst cryptocurrency market turbulence.

#LegalDrama #CryptoNews #Write2Earn

🚨 Breaking News: Celebrity Davido Faces Legal Trouble Over Crypto Coin! 🚨

Rumors are swirling that Davido could face jail time! 🏛️

Following reports of users losing funds after investing in singer Davido’s celebrity coin, $DAVIDO, many are considering legal action against the star. ⚖️

This development has sparked a firestorm of controversy, and some users are ready to take the issue to court. Stay tuned for updates as this story unfolds! 🔥

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#CryptoNews #LegalDrama