In a groundbreaking legal victory, Akin successfully secured approval from the U.S. Bankruptcy Court for the Southern District of New York to serve legal notices via non-fungible tokens (NFTs). This decision, delivered by Chief Judge Martin Glenn in the case In re Celsius Network LLC, No. 22-10964
The Bank for International Settlements (BIS) has embarked on an innovative endeavor that many believe could transform the landscape of cross-border payments compliance. Project Mandala, a collaborative venture with central banks from Australia, Korea, Malaysia, and Singapore, sets a new precedent
In a recent South Australian legal case, the contrasting levels of credibility between lawyers and an accountancy professional were brought sharply into focus. The judge, tasked with assessing the credibility of the testimonies provided, found the lawyers' statements to be only satisfactory at
Environmental, Social, and Governance (ESG) compliance has evolved into a critical facet of modern corporate management. Companies that excel in these areas significantly enhance their market positioning and stakeholder trust. However, not all firms meet the challenge equally. While some companies
In a significant development in the FTX bankruptcy case, the cryptocurrency exchange reached a $228 million settlement with Bybit, detailed in an Oct. 24 court filing. The settlement emerges from a lawsuit initiated by FTX in 2023 to recover funds for its creditors and former customers. It
The resolution of a prolonged legal clash between the bankrupt crypto exchange FTX and Bybit has culminated in a $228 million settlement, bringing an end to a year-long battle that has captivated the cryptocurrency community. Initially, FTX sought a staggering $953 million, alleging that Bybit’s i
