Delaware news and trends

Crypto Creditors Clamor as FTX Employees Get Paid
Cryptocurrency // November 29, 2022

Insolvent cryptocurrency exchange FTX doesn’t just owe its million-plus creditors money. The once-heralded crypto platform, formerly helmed by the now disgraced Sam Bankman-Fried (SBF), also owes its employees their salaries and benefits. While the jury, or at least the Delaware bankruptcy court, is still out...

FTX Liquidators in Bahamas Move Case From New York to Delaware
Cryptocurrency // November 22, 2022

Bahamian liquidators who had filed a case related to the bankruptcy of FTX in New York have agreed to transfer that case to Delaware, where the fallen crypto exchange had already filed for bankruptcy protection.  The move by the court-appointed liquidators in the Bahamas came...

Proposed Law Would Force Delaware Businesses To Accept Cash
Legal // March 11, 2020

A new proposed law in Delaware would make it illegal for businesses to only accept cash, according to a report by the Associated Press. A bill was introduced on Tuesday (March 10) that would prohibit businesses from refusing to take cash during an in-store transaction....

Wyoming Lures Crypto Companies With Friendly Laws
Cryptocurrency // May 29, 2018

Wyoming is trying to position itself as a leader in cryptocurrency and one of the friendliest states when it comes to legislation around crypto companies. According to a report in Bloomberg back in March, Republican Governor Matt Mead signed into law legislation on limited liability...

Quick Reads
Capital One: Delaware’s Approval Moves Discover Acquisition Closer to Completion

December 19, 2024
Capital One said Thursday (Dec. 19) that its previously announced acquisition of Discover Financial Services has moved another step toward completion by receiving approval from the Office of the Delaware State Bank Commissioner. The bank received that approval Wednesday (Dec. 18), it said in a Thursday press release. Subject to the satisfaction of the remaining […]

FTX Liquidators in Bahamas Move Case From New York to Delaware

November 22, 2022
Bahamian liquidators who had filed a case related to the bankruptcy of FTX in New York have agreed to transfer that case to Delaware, where the fallen crypto exchange had...

Proposed Law Would Force Delaware Businesses To Accept Cash

March 11, 2020
A new proposed law in Delaware would make it illegal for businesses to only accept cash, according to a report by the Associated Press. A bill was introduced on Tuesday...

Wyoming Lures Crypto Companies With Friendly Laws

May 29, 2018
Wyoming is trying to position itself as a leader in cryptocurrency and one of the friendliest states when it comes to legislation around crypto companies. According to a report in...