Court
SleazyWorld Go Hit With Guilty Verdict In Federal Gun Case
Rapper SleazyWorld Go is facing the consequences of his past after a federal case finally reached it’s verdict. The Michigan artist has had legal troubles dating back to 2016, when he was convicted on a robbery charge. Fast forward to 2022, authorities launched an investigation after he allegedly posted more than 30 images online flexing […]
Fat Joe Leans Back Into Major Win In Defamation Battle Against Former Hypeman
Fat Joe’s ongoing defamation battle has a new development, and it’s a win for the Bronx rapper. During his legal dispute with former hype man Terrance “T.A.” Dixon, Joe scored a victory in the latest round of the case. Dixon had attempted to get the lawsuit dismissed, but a federal judge ruled in Joey’s favor, […]
Come Home Auntie: Wendy Williams Does Not Have Dementia, New Tests Say
Wendy Williams has finally received some favorable news regarding her guardianship. A doctor has ruled she doesn’t have dementia.
Judge Says Dame Dash “Repeatedly Violated” Court Orders In Defamation Case
It seems Dame Dash has another legal issue to deal with. A judge says he “repeatedly violated” court orders with regards to his defamation case. As per HipHopDX a magistrate has ruled against Dame Dash on a defamation suit against him. Back in 2016 the Harlem native was slotted by film producer Josh Webber to direct an […]
Diddy Appeared Thinner And Grayer At Recent Court Hearing, According To Reports
Life behind bars is taking a toll on Diddy’s physical appearance. A reporter says he appeared to be thinner and much grayer at a recent court hearing. As spotted on Page Six, the founder of Bad Boy Entertainment looks to have lost a bit of his signature luster. On Wednesday (Dec. 18), Diddy appeared at a […]
Cardi B Says Community Service Has Been An Unexpected Blessing
What was a disciplinary measure has been a game changer for Cardi B. She says community service has been an unexpected blessing. As spotted on Complex the Bronx bombshell is making good on the plea deal she accepted back in September. Back in 2018 she was alleged to instigating a fight that her entourage in […] The post Cardi B Says Community Service Has Been An Unexpected Blessing appeared first on The Latest Hip-Hop News, Music and Media | Hip-Hop Wired.
Ooki DAO misses lawsuit response deadline, default judgment on the cards
The Commodity Futures Trading Commission (CFTC) has begun the process of getting a default judgment in its case against Ooki DAO after the latter missed the deadline to respond to the lawsuit. According to a Jan. 11 court filing, the regulator has requested the court for an “entry of default” against the decentralized autonomous organization (DAO), stating it had missed the deadline to “answer or otherwise defend” as instructed by the summons. If approved, the entry of default will establish Ooki DAO has failed to plead or defend itself in court and will no longer be able to answer or respond to the suit. An “entry of default” is the first step in the process of gaining a default judgment — a ruling handed down by the court when the defe...
Iran court orders the release of seized crypto mining equipment
Iranian authorities seized numerous crypto mining equipment over the past two years, citing stress on energy grids during winter. Now, a court ordered the release of crypto-mining equipment that was previously seized as a measure to conserve energy. Since 2021, Iran’s Organization for Collection and Sale of State-Owned Property (OCSSOP) has seized mining equipment — both authorized and unauthorized — due to looming power shortage concerns. However, the authorities had a change of heart amid winter as they ordered the release of the seizure. As explained by Abdolmajid Eshtehadi, the head of Iran’s Ministry of Economic Affairs and Finance: “Currently some 150,000 crypto mining equipment are held by the OCSSOP, a large part of which will be released following judicial rulings. Mach...
Sam Bankman-Fried to reportedly plead not guilty to criminal charges
Former FTX CEO Sam Bankman-Fried (SBF), currently free on a $250 million bail bond, will reportedly plead not guilty to the alleged FTX and Alameda-related financial frauds in court on Jan. 3. SBF was arrested in the Bahamas at the request of the U.S. government under suspicion of defrauding investors and misappropriation of funds held on the FTX crypto exchange. Following a court hearing on Dec. 22, SBF was released on bail and is slated to appear on court on Jan.3 before U.S. District Judge Lewis Kaplan in Manhattan. During the hearing, SBF is expected to enter a plea of not guilty to the criminal charges, according to a Reuters report. On Dec. 13, the SEC charged the former FTX CEO with violating the anti-fraud provisions of the Securities Act of 1933 and the Securities Exchange Act of ...
FTX customers file class-action lawsuit to get priority reparations
While the government agencies are queuing to sue the FTX and its founder Sam Bankman-Fried, the group of former customers made an effort to get their money back first. A class lawsuit initiated by four individuals demands priority access to frozen funds of the company for its customers, not investors. The lawsuit was filed on Dec. 27 in the United States Bankruptcy Court for the District of Delaware. Four plaintiffs claim to be representing the whole class of former FTX customers, which might amass up to 1 million individuals. What the lawsuit seeks to obtain are the priority rights to return digital assets held by FTX US or FTX.com to its customers. The plaintiffs emphasize that the FTX User Agreement did not permit the platform to use customer funds for its own purposes, including ...
Judge pulls out of SBF-FTX case citing husband’s law firm’s advisory link
The ongoing legal proceedings around former FTX CEO Sam Bankman-Fried (SBF) took a new turn as District Judge Ronnie Abrams withdrew her participation from the case. The United States District Court for the Southern District of New York rescued itself from the FTX case after revealing that a law firm — which employs Abrams’ husband as a partner — had advised the crypto exchange in 2021. In a Dec. 23 filing, Judge Abrams revealed that her husband, Greg Andres, is a partner at Davis Polk & Wardwell, a law firm where he has been employed since June 2019. Additionally, it was highlighted that the law firm had advised FTX in 2021. Abrams also stated that the law firm represented parties that may be adverse to FTX and SBF in other legal proceedings. “My husband has had no involvement i...
SBF signs extradition papers, set to return to face charges in the US
Sam Bankman-Fried, the jailed founder of the FTX cryptocurrency exchange has reportedly signed papers on Dec. 20 that will soon see him handed over to Federal Bureau of Investigation (FBI) agents and flown to the United States to face criminal charges. The move was expected, as Bankman-Fried was reported to have agreed in principle to being extradited to the U.S. earlier this week on Dec. 19, despite earlier reports indicating he wanted to see the indictment against him fir ABC News reported the development that Bankman-Fried signed extradition papers on Dec. 20 citing The Bahamas’ acting commissioner of corrections Doan Cleare. A Dec. 21 report from Bloomberg said the exchange founder signed surrender documents on Dec. 20 citing Cleare, with another set of papers waiving h...
