🔗 Blockchain expert ZachXBT discusses potential legal consequences as prosecutors may seek a five-year prison term, while highlighting the recovery of 90% of stolen sAVAX pool funds through negotiations with hackers. #BitcoinWorld #CryptoLegal 🚔💼🔒

**Breaking News:** 📰 Fox Business reporter Eleanor Terrett highlights differences in the Terraform Labs case, emphasizing that the judge ruled in favor of the SEC, establishing that UST, LUNA, wLUNA, and MIR sales met the standard for judging securities as an investment contract. This differs from the Ripple case where it couldn't be proven that a contract existed between Ripple and non-institutional XRP buyers. #CryptoLegal 📊🏛️

**🚨 Breaking News: ⚖️ The New York Attorney General's Office (NYAG) indicts Gemini, Digital Currency Group (DCG), Genesis, former Genesis CEO Michael Morrow, and DCG CEO Barry Silbert on fraud charges, alleging more than 20,000 investors defrauded with losses of $1.1 billion. Gemini accused of falsely claiming high liquidity, while DCG allegedly concealed a $1 billion financial hole due to Gemini's bankruptcy. #CryptoLegal #NYAG #FraudCharges

Crypto Legislation
#Navigating the Legal Maze: Understanding Evolving Crypto Regulations 🌐 Stay legally informed in the crypto world! Our series on crypto legislation provides insights into the ever-changing regulatory landscape. Understand the rules that govern the industry and navigate the legal maze with confidence. #sonaraza #CryptoLegal #RegulatoryInsights #BinanceTournament
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🤝 Scott Johnsson from Van Buren Capital discusses the first post-Grayscale decision meeting, focusing on resolving lawsuits and administrative matters. #CryptoLegal #BitcoinWorld 📄🔐

📰 Sam Bankman Fried's defense team accepts the unanimous guilty verdict received in November and informs the court that they won't participate in post-trial motions. They are still considering whether to proceed with an appeal after the final verdict on March 28th next year. SBF was found guilty on seven charges in a criminal trial. #CryptoLegal 🏛️

Former SEC head John Reed Stark predicts that Judge Jed Rakoff, handling the Terraform Labs-SEC lawsuit, won't accept Ripple-SEC-style summary judgments, indicating a firm stance on digital asset securities law application. 📜💼 #CryptoLegal #BitcoinWorld

John E Deaton, a pro-XRP lawyer, on Coinbase's legal odds: 50% in district court, 60% in retrial, and over 80% in the Supreme Court. 🏛️⚖️ #Coinbase #CryptoLegal

⚖️ U.S. court denies FTX founder SBF's request to postpone sentencing for fraud charges against FTX customers; original date set for March 28, with a potential 110 years in prison. #CryptoLegal 🇺🇸🚨

**🚨 Breaking News: ⚖️ Gemini responds to fraud charges by the NY Attorney General's Office, expressing a desire to defend against the "inconsistent position." Gemini reiterates claims of users being victims of fraud by Digital Currency Group (DCG) and Genesis, emphasizing ongoing legal battles over debts between DCG, Genesis, and Gemini. 💼🔍 #Gemini #FraudCharges #CryptoLegal

🚨 Crypto Legal Update: Big Cases Ahead! 🚨

👉 The “trial of the century” ended with FTX's Sam Bankman-Fried's sentencing, but more crypto court drama is brewing in the U.S.

👨‍⚖️ Binance's Changpeng Zhao faces potential jail time at month-end, while his former CEO title and co-founder role remain in legal crosshairs.

👩‍⚖️ FTX's Gary Wang, Nishad Singh, and Caroline Ellison await sentencing, offering insight into the aftermath of their exchange's massive fraud.

💼 Terraform Labs' Do Kwon faces extradition tussles, while Avi Eisenberg's DeFi exploits land him in a commodities fraud trial.

🌀 Crypto mixer Tornado Cash's devs Roman Storm and Semenov face legal heat for alleged money laundering, while Celsius founder Alex Mashinsky's criminal trial looms.

💰 SafeMoon's CEO and team, KuCoin's founders, and a slew of other crypto firms are in the SEC's crosshairs for various violations.

⚖️ As the legal landscape shifts, stay tuned for updates on these pivotal cases shaping the crypto industry.

Source: Magazine: Inner City Press
#CryptoLegal #Binance #FTX #TerraformLabs #SafeMoon