Saturday, January 11

Tag: Department of Justice

Jan102025 by adminNo Comments
$6.5 Billion Silk Road Bitcoin Sale to Go Ahead

$6.5 Billion Silk Road Bitcoin Sale to Go Ahead

Daily Crypto News
By Mark Hunter18 hours agoThu Jan 09 2025 08:52:10 Checking out Time: 2 minutes The sale of $6.5 billion worth of Silk Road bitcoins will proceed following a last judgment Judge Richard Seeborg rejected a movement to obstruct the forfeit of the 69,370 bitcoins The judgment, made on 30 December, might discuss Bitcoin's $10,000 drop The factor for Bitcoin's $10,000 drop might have ended up being clear: the United States federal government has actually been offered the consent to liquidate $6.5 billion in bitcoins associated with Silk Road. On 30 December, Chief United States District Judge Richard Seeborg rejected a movement to obstruct t...
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Jan92025 by adminNo Comments
FTX insolvency supervisors implicated of costs funds on high-end hotels, travel as lenders submit legal action

FTX insolvency supervisors implicated of costs funds on high-end hotels, travel as lenders submit legal action

Daily Crypto News
FTX insolvency supervisors implicated of costs funds on high-end hotels, travel as financial institutions submit legal action Oluwapelumi Adejumo · 12 hours ago · 2 minutes checked out FTX lender requires tighter evaluation of elegant $2,600 taxi costs by personal bankruptcy supervisors. 2 minutes checked outUpgraded: Jan. 8, 2025 at 1:17 pm UTC Cover art/illustration through CryptoSlate. Image consists of combined material which might consist of AI-generated material.An FTX financial institution Lidia Favario has actually raised issues about the extreme costs by insolvency supervisors managing the defunct exchange's procedures, according to a court filing.In a letter to Judge John Dorsey, Favario explained the costs as elegant and irregular with the Department of Justice (DOJ) sta...
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