FTX, the bankrupt crypto exchange, challenges the IRS's $24 billion tax claim, deeming it "absurd and meritless." The fluctuating tax bill, currently at $24 billion, covers income and employment taxes from 2018 to 2022. FTX emphasizes the need for a fair resolution to protect bankruptcy victims. The upcoming court hearing on December 13 will play a crucial role in determining the distribution of FTX's remaining assets.
BerniceIt's crucial to note that 50% of the token allocation is available at genesis, with the remaining 50% unlocking gradually over 12 months, vesting from the Token Generation Date.
BrianThe fate of certain claims is tied to assets whose status will be decided at Sam Bankman-Fried’s trial in October.
BeincryptoLawyers representing Binance in its battle against the Securities and Exchange Commission have made a startling revelation.
cryptopotatoComputer scientist Craig Wright has lost a claim in a UK court to protect the Bitcoin blockchain by copyright.
decryptClaims on the lender are trading at up to 35% of value
OthersThe lawyer says the ongoing rumors about the firm’s bidding process are categorically false.
cryptopotatoA group of Chinese researchers published a "scientific paper" last month that said they used quantum computers to break a standard RSA algorithm.
decrypt
NellLuis Guardado Asks El Salvador's President Nayib Bukele Directly: "No Tech Support, Just Useless Calls, Where's My Money?"
Cointelegraph