WazirX’s Long Road Ends: Singapore Court Clears Way For User Crypto Distribution
Indian exchange WazirX has received the greenlight from the Singapore High Court, paving way for users to finally get their crypto funds back. WazirX Restructuring Approved By Singapore High Court As announced by WazirX founder and CEO Nischal Shetty in an X post, the latest Singapore High Court hearing has ended with the platform’s restructuring […]
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Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo.
Vauld to Have 3 Months for Restructuring, Due Diligence by Nexo
The Singapore High Court has granted the parent company of crypto lender Vauld, Defi Payments Ltd., a three-month protection from creditors, Bloomberg reported, noting this would allow Vauld to restructure and prepare for a potential acquisition by competitor Nexo, a....
The liquidators of Three Arrows Capital were granted an important court ruling in Singapore, which is expected to offer them with a broader perspective into the bankrupt crypto hedge fund’s residual assets, persons with knowledge of the situation disclosed on Wednesday. Bloomberg reports, citing persons with knowledge of the situation, that the Singapore High Court approved the motion […]
The Singapore High Court has granted a court injunction which stops or blocks the sale of a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) that one man claims was wrongfully taken away from him.
NFT Used as Collateral
A Singapore man has won a court injunction that blocks the sale or potential transfer of a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) that he claims to be rightfully his. According to a report, the NFT is currently in the possession of an online lender named Chefpierre.
The man, who has been identified by the Strait Times (ST) as Janesh....
Binance is terminating some services in Singapore, including fiat deposit services and spot trading of cryptocurrencies, to comply with the country’s regulations. The exchange has already ceased trading in Singapore dollars. Binance Scaling Down Services in Singapore Cryptocurrency exchange Binance announced Monday some changes to its offerings in Singapore. The company wrote: With effect from 2021-10-26 04:00 AM UTC (12:00 PM UTC+8), users in Singapore will not be able to access certain functions on Binance.com including fiat deposit services, spot trading of....
Silk Road's alleged owner Ross William Ulbricht, aka 'Dread Pirate Roberts', has been arrested with reports also claiming the online black market has been shut down by the FBI. Currently, the site, which is operated as a Tor hidden service and is famously used by some bitcoin users to buy drugs, displays a notice stating that the site has been seized. The notice currently displayed on the Silk Road site. According to court documents published on journalist Brian Krebs' website Krebs on Security, Ulbricht was arrested as he "intentionally and knowingly did combine, conspire, confederate and....