ChainCatcher news, Celsius Network filed an appeal on December 31, contesting Judge John Dorsey's decision to dismiss its $2 billion defamation claim against FTX. The appeal is currently set for consideration in the district court, marking the latest development in the ongoing legal battle between the two struggling cryptocurrency companies.This appeal stems from Celsius's claim that defamatory statements made by FTX executives, employees, and affiliates negatively impacted its company's reputation and financial health, accelerating its bankruptcy in July 2022. Celsius argues that FTX's public statements undermined customer confidence in its services, leading to a rush of withdrawals and ultimately pushing the platform toward bankruptcy.According to court documents, Celsius initially filed a $2 billion claim, citing that FTX insiders spread "unverified and disparaging statements." However, FTX rejected the claim, arguing that Celsius's assertions lacked sufficient evidence and did not fall within the scope of bankruptcy claims.In December, more than a year after the initial claim, Celsius amended its application, reducing the claim amount to $444 million. The amended claim shifted focus to priority transfers, asserting that certain payments made before FTX's bankruptcy should be recovered. However, Judge Dorsey dismissed both the original and amended lawsuits on procedural grounds.

ChainCatcher news, according to Bloomberg, former Binance executive Amrita Srivastava has filed a whistleblower lawsuit in the UK, accusing a colleague of soliciting bribes from clients to expedite service processes, and claiming she was unfairly dismissed for exposing the incident. Srivastava stated that the colleague charged clients under the guise of "consulting services," while falsely claiming to not be an employee of Binance.In response, Binance stated that the company was already aware of the matter and had launched an internal investigation, and that Srivastava was dismissed due to poor performance, with the termination decision made prior to her whistleblowing.

ChainCatcher news, according to Jinshi reports, based on market news, the Trump team plans to push for the dismissal of the Georgia 2020 election case.

ChainCatcher news, according to The Block, OpenEden wrote in a statement on Thursday that did not disclose the name of the individual (presumably referring to Eugene Ng): "Following yesterday's statement, we have officially terminated the employment relationship of a certain individual with OpenEden. We reiterate that this individual no longer represents OpenEden. OpenEden takes these allegations seriously and will not condone this person's personal conduct." Eugene Ng is a founding partner of DWF and co-founded OpenEden with Jeremy Ng, who still serves as CEO.Previous news, X user @hananotsorry posted on social media that they encountered danger while interacting with a partner from DWF Labs, alleging that the partner attempted to drug and sexually assault them, and was subsequently rescued after being informed by the relevant restaurant staff.On October 30, DWF Labs announced on social media that one of its partners had been accused of inappropriate and unacceptable behavior. During the investigation of this matter, DWF Labs has decided to immediately terminate the management and operational duties of the aforementioned partner.

ChainCatcher news, former OpenAI board member Helen Toner harshly criticized Altman in an interview for his lack of transparency in decision-making, which left the board unaware of key decisions at OpenAI. This was the reason why the board members ultimately decided to dismiss him. She revealed that Altman had repeatedly concealed information from the board and distorted the ongoing business of the company, and in some cases, outright lied to the board.It is reported that last fall, OpenAI CEO Sam Altman was first removed by the board and then regained his position, which led to a major reshuffle of the company's board members.

ChainCatcher news, cryptocurrency miner Bitfarms has announced the immediate dismissal of CEO Geoffrey Morphy. Bitfarms Chairman and Co-Founder Nicholas Bonta has been appointed as interim President and CEO.On May 10, Geoffrey Morphy filed a lawsuit against the company in the Ontario Superior Court, seeking damages for breach of contract, wrongful dismissal, and aggravated and punitive damages in the amount of $27 million.

ChainCatcher news, according to Bloomberg, Elon Musk is intensifying his legal battle with OpenAI, demanding former board member Helen Toner to provide documents and communications regarding her departure from the OpenAI board and the decision to remove and reinstate CEO Sam Altman. Helen Toner is required to submit the relevant information by May 21.

ChainCatcher news, according to Cointelegraph, Tron has requested the dismissal of a lawsuit from the U.S. Securities and Exchange Commission (SEC), claiming it has no jurisdiction over "digital assets sold to foreign users on a global platform." Tron stated that the sale of tokens was "entirely overseas," and the measures taken were to avoid the U.S. market. The SEC has not accused them of "initially selling or offering to any U.S. residents," nor has it pointed out any victims.Previously, the SEC issued electronic subpoenas to Justin Sun, the Tron Foundation, the BitTorrent Foundation, and BitTorrent in March last year, alleging illegal sales of unregistered securities, fraud, and market manipulation.

ChainCatcher news, Uniswap founder Hayden Adams posted that the judge of the Southern District Court of New York dismissed the arguments against the class action lawsuit involving Uniswap and Paradigm, which is very encouraging. He listed several comments from the court, including "the lawsuit contradicts the logic that the drafters of the computer code of a specific software platform may be held responsible for third-party misuse of that platform, as smart contracts are automatically executed, self-executing code," and "the court found the defendants' rebuttal reasonable, stating that this case is more akin to holding the developers of self-driving cars liable for traffic violations or bank robberies committed by third parties using those cars."Hayden Adams summarized, "I am pleased that the court has recently engaged in thoughtful consideration of DeFi and cryptocurrency, and to see many flawed legal theories overturned, DeFi will continue to exist."

ChainCatcher news, according to CoinDesk, Coinbase has filed documents with the court requesting the court to dismiss the lawsuit from the U.S. Securities and Exchange Commission (SEC). Coinbase states that it does not offer "investment contracts," and the SEC ignores this precedent, violates due process, abuses its discretion, and abandons its previous interpretation of securities law.

ChainCatcher news, Miami Heat basketball player Jimmy Butler has requested to be removed from a class-action lawsuit that accuses celebrities of promoting unregistered securities for Binance. Butler's lawyer argues that the content in his tweets did not promote the securities mentioned nor recommend any investments, but rather warned against celebrity endorsements of cryptocurrencies and urged potential clients of Binance to conduct their own research on cryptocurrency investments.It is reported that Jimmy Butler is listed in the lawsuit alongside Binance CEO Changpeng Zhao, YouTuber Graham Stephan, and Ben Armstrong. Zhao, Binance, and Armstrong have previously filed motions to dismiss the lawsuit.

ChainCatcher news, the Web3 esports platform Community Gaming has announced the layoff of 17 employees, accounting for over 17% of the company's total workforce.It is reported that in April 2022, during the crypto bull market, Community Gaming raised $16 million in Series A funding from companies such as SoftBank, Binance Labs, ConsenSys Mesh, Bitkraft, Polygon Labs (then Polygon Studios), and Animoca Brands. (source link)

ChainCatcher news, the plea agreement of former Alameda Research CEO Caroline Ellison with the U.S. Attorney's Office for the Southern District of New York has been disclosed, including a $250,000 bail, surrender of travel documents, asset forfeiture, etc., which means Caroline Ellison will not be allowed to leave the United States.In addition, the plea agreement also reveals that if Caroline Ellison fully cooperates with the U.S. Attorney's Office for the Southern District of New York (SDNY) and any other law enforcement agencies designated by the U.S. Attorney's Office for the Southern District of New York, she will not face further criminal prosecution, except for criminal tax violations related to wire and commodity fraud charges (due to the commingling of funds between FTX and Alameda, she may face lawsuits from other regulatory agencies).Earlier, ChainCatcher reported that the U.S. Attorney's Office for the Southern District of New York announced charges against Caroline Ellison and Gary Wang, both of whom have pleaded guilty to federal charges, with Caroline Ellison admitting to conspiracy to commit wire fraud against FTX customers, conspiracy to commit wire fraud against Alameda Research lenders, conspiracy to commit commodity fraud, conspiracy to commit securities fraud, and conspiracy to commit money laundering, among seven charges, which could result in a maximum sentence of 110 years in prison. (source link)