Delaware News

VanEck has filed to register a Delaware trust company for a potential spot BNB ETF in the United States, marking a first for the crypto asset.

Global investment firm VanEck appears to be one of the first issuers to hint at a spot Avalanche ETF with its registration in Delaware.

Bitwise would be competing with fellow asset managers VanEck and Canary Capital for an SEC-approved spot Solana ETF.

The crypto-focused asset manager confirmed filing the XRP exchange-traded fund trust registration with the state of Delaware. 

The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multibillion-dollar SEC settlement.

Shareholders accused Tesla boss Elon Musk of “brazen disloyalty” with his xAI startup that created “billions in AI-related value at a company other than Tesla.”

After being dismissed by the Delaware Court of Chancery in 2023, the state’s supreme court ruled the definition of the merger agreement between BitGo and Galaxy was “ambiguous.”

The embattled crypto firms have begun transferring large volumes of ETH to centralized exchanges as they attempt to pay back creditors.

Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust.

State authorities may investigate the fake BlackRock “iShares XRP Trust” registration following a referral from Delaware’s Division of Corporations.

The names of FTX’s individual customers will not be revealed to the public to protect them from potential scams and identity theft.

A number of mainstream media outlets are pushing to publicize the personal details of FTX’s non-United States customers, similar to what happened with Celsius.

FTX’s sister company, Alameda Research, agreed to sell its interest in Sequoia Capital to Abu Dhabi’s sovereign wealth fund for $45 million.

The plaintiffs claim that Dolic and Ebel began to conduct unauthorized business activities when the corporate governance of its parent company, Enigma, collapsed.

FTX lawyers claim that Voyager Digital was complicit in its own collapse by “knowingly or recklessly” channeling customer funds to Alameda.