Tensions were apparent between the sides in court, as a lawyer for BlockFi said 3AC has a “runaway” legal counsel who is dragging things out and piling up more than $16 million in legal bills. A lawyer for the hedge fund, Adam Goldberg from the firm Latham & Watkins, said those comments were “completely inappropriate and reckless.” He reminded the court that at 3AC “the founders fled and completely ignored any attempt to engage with them,” and those taking down the firm had to rebuild its records, find its assets and secure them for creditors.
Related posts
-
Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut
U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee who may be... -
U.S. Presidential Candidate RFK Jr. Says He's 'Fully Committed' to Bitcoin
The presidential candidate said he has most of his wealth in the digital asset. Original Spread... -
Bitcoin Plunges To $64K as U.S. Tech Rout Hits Crypto, Leads to $250M Long Bets Being Liquidated
Please note that our privacy policy, terms of use, cookies, and do not sell my personal...