court decision

Crypto lender Genesis: Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-down

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Crypto lender Genesis: Crypto lender Genesis to return billion to customers in bankruptcy wind-down

Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency Group (DCG), with no recovery from the bankruptcy. US Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 liquidation plan and overruled an objection raised by … Read more

Back to ‘black box’? As China tightens access to court records, legal experts fear for future of judicial transparency

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Back to ‘black box’? As China tightens access to court records, legal experts fear for future of judicial transparency

The debate generated so much heat that Xu’s sentence was reduced to seven years with a fine of 300,000 yuan on appeal, and authorities eventually punished officials who were previously untouched in the scandal. The case was one of several in the past decade in which Chinese members of the public used the transparency in … Read more