Yugocean Lawsuit

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3AC won $1.53B lawsuit against FTX

14 Mar 2025 1 minute read 0 comments Yugocean

FTX Burdened by 3AC      Judge John T. Dorsey of the US Bankruptcy Court in Delaware has ruled in favour of Three Arrows Capital (3AC)'s liquidators, permitting them to increase their claim against FTX to $1.53 billion, thereby overturning the object...

Crocodile Lichtenstein sentenced to five years

15 Nov 2024 1 minute read 1 comment Yugocean

Crocodile sentenced      Bitfinex hacker Ilya Lichtenstein has been sentenced to five years in prison by the District of Columbia Court. Lichtenstein was originally supposed to be sentenced to 25 years, but the DoJ had recommended prosecutors reduce...

FTX files $1.76 billion recovery lawsuit against Binance and CZ

12 Nov 2024 1 minute read 0 comments Yugocean

The FTX v Binance again      The FTX filed is filing lawsuits against various entities to recover funds in order to repay creditors. In this series, recently the FTX has filed a $1.76 billion recovery lawsuit against the Binance exchange and its foun...

Genesis and Gemini in legal battleground

25 Nov 2023 1 minute read 2 comments Yugocean

Genesis has sued Gemini Trust to recover $689302000. This is a new twist on an old dispute. Financial dispute      Genesis Global Capital was a crypto lender, and Gemini Trust was (is) a cryptocurrency exchange; both were business partners, but with...