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TransMedia Group to Represent Richard S. Lehman, Esq., as the ‘Tax Doctor’ with The Ultimate Antidote to Ponzi Poisonings and FTX Pneumonia Ravaging Victims’ Savings
BOCA RATON, Fla., Feb. 20, 2023 /PRNewswire/ — TransMedia Team said there could not be a far more propitious time to characterize U.S. Tax Attorney Richard S. Lehman as lots of will be impressed how he can help fraud victims get well big chunks of their losses. These days hundreds of thousands have fallen prey to seductive schemes, winding up not only depressed, but broke subsequent the insult du jour, getting paid taxes on fairy-tale income. TransMedia plans to generate media coverage that will send out rescue messages to now above a million Ponzi and other fraud victims that it really is in no way far too late to recuperate fiscally, even…
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Former FTX chief lawyer claims US legal counsel channeled business to S&C
A previous main law firm for FTX has accused the company’s U.S. basic counsel of channeling business enterprise to Sullivan & Cromwell (S&C), the organization at present serving FTX as personal bankruptcy counsel. Daniel Friedberg, who was the main regulatory officer of FTX until finally he resigned on Nov. 8, manufactured the allegations as part of a Jan 19. court docket submitting. In the declaration, Friedberg alleges that FTX US direct counsel Ryne Miller, who is a previous partner at S&C, channeled business towards his former legislation organization across numerous situations. Friedberg mentioned: “Mr. Miller informed me that it was quite crucial for him individually to channel a large amount…
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Judge in FTX bankruptcy case rejects motion to remove elite NYC lawyers
New York CNN — One particular of America’s elite white-collar regulation corporations has emerged as a contentious figure in the sophisticated FTX saga. A choose ruled that the bankrupt crypto platform could keep Sullivan & Cromwell as authorized counsel, overruling objections from FTX buyers who accused the agency of conflicts of desire. g Delaware personal bankruptcy Judge John Dorsey dismissed an emergency movement to delay proceedings, declaring on Thursday there is “no evidence of any actual conflict listed here.” The legal professionals for two FTX shoppers had submitted the movement, alleging Sullivan & Cromwell hadn’t been clear in its disclosures about dollars it had earned from the now-bankrupt system. Then…
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Failed crypto exchange FTX has recovered over $5 bln, attorney says
FTX valued a calendar year ago at $32 bln Around $8 billion in FTX purchaser cash missing Prepare to promote FTX affiliates introduced in court docket NEW YORK/WILMINGTON, Del., Jan 11 (Reuters) – Crypto trade FTX has recovered additional than $5 billion in liquid property but the extent of shopper losses in the collapse of the company launched by Sam Bankman-Fried is even now mysterious, an legal professional for the enterprise explained to a U.S. personal bankruptcy court docket on Wednesday. The corporation, which was valued a yr back at $32 billion, filed for bankruptcy security in November and U.S. prosecutors accused Bankman-Fried of orchestrating an “epic” fraud that may…
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FTX founder Bankman-Fried sent back to Bahamas jail
FTX founder Sam Bankman-Fried was despatched back to a Bahamas jail Monday in a chaotic courtroom scene, after a described program for him to waive his extradition to the U.S. stalled. On the other hand, numerous media studies afterwards in the day said that he had informed his Bahamian attorney to carry on with extradition hearings, and he is now predicted back again in court docket afterwards this 7 days. Stories more than the weekend indicated that Bankman-Fried would consent to extradition, but the previous crypto billionaire advised a different tale Monday, demanding to see a copy of his federal indictment prior to agreeing to return to the U.S. He will return…
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Tax Planning To Reduce The Effects Of The FTX Collapse: Advice From A Canadian Tax Lawyer – Capital Gains Tax
Introduction: Significant Cryptocurrency Crash Impacts Investors Globally On Friday, November 11, 2022, the cryptocurrency derivatives exchange FTX Trading Ltd. revealed that it had applied for Chapter 11 bankruptcy protection in the United States. The company had previously been valued at over USD $32 billion. This signaled FTX’s collapse. Only a week had passed since Binance, FTX’s main rival in the cryptocurrency exchange market and an investor in FTX, announced that it would be selling a sizable portion of its holdings in the native cryptocurrency tokens of FTX, or FTT, sparking widespread investor concern and speculating about FTX’s financial stability. Concerns about FTX’s true solvency were raised as a result of…
/cloudfront-us-east-2.images.arcpublishing.com/reuters/5NVQDPQOQJNETGF2XGEASVN6FU.jpg?w=500&resize=500,330&ssl=1 "Former Wirecard boss’ lawyer says prosecutors got the wrong man")
/cloudfront-us-east-2.images.arcpublishing.com/reuters/ORSXMRVTNZMA3JH3C5T7JGKP5A.jpg?w=1140&resize=1140,0&ssl=1 "Failed crypto exchange FTX has recovered over bln, attorney says")
