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Artist threatens legal action on ‘Chill Guy’ meme tokens, community responds
21.11.2024
Some community members advised the artist to just try to get rich from the situation and retire.
Chillguy Creator Threatens Legal Action as Crypto Trenches Scour TikTok
21.11.2024
The chillguy meme has recently gained traction on platforms like TikTok and among brands. But its creator is unamused with a parody memecoin
Chinese Court Orders Refund in Controversial Crypto Contract Dispute
21.11.2024
A Shanghai court ordered a partial refund after ruling a token fundraising contract illegal, citing violations of Chinese financial regulations. Token Fundraising Faces a Major Setback in a Shanghai Court Judgment The Shanghai High Court published details on Wechat Monday about a crypto-related...
A New Frontier: Court Authorizes Service of Process Through NFT Airdrop
20.11.2024
In a landmark decision highlighting the unique aspects of blockchain technology, an S.D.N.Y. Bankruptcy Judge ruled in favor of Celsius’s motion for alternative service, whereby Celsius sought to provide legal service by airdopping non-fungible tokens (NFTs) to anonymous defendants’ digital asset...
Shanghai judge says cryptocurrency is a commodity, legal to own
20.11.2024
Shanghai Judge Sun Jie calls virtual currency a commodity with property attributes in a commentary on a 2017 business dispute
‘Cowardly Path’ Leads to Redemption: Former FTX Exec Gary Wang Skates on Prison Sentence
20.11.2024
Inner City Press reports that the former FTX executive Gary Wang, who admitted to creating the code enabling Sam Bankman-Fried to misappropriate $8 billion from the now-bankrupt cryptocurrency exchange, has avoided prison. Crypto Whistleblower or Accomplice? FTX’s Gary Wang Avoids Prison...
The Free Roger Movement Gains Momentum
20.11.2024
The arrest and extradition battle of Roger Ver has ignited the #FreeRoger movement, a grassroots campaign calling attention to what advocates see as the misuse of legal systems to suppress dissent and punish individuals connected to crypto. Roger Ver’s Battle With U.S. Authorities Sparks...
Judge rejects Kraken’s bid to challenge decision in SEC case
19.11.2024
Kraken won’t get the chance to appeal a California District Court judge’s decision that found the SEC had adequately alleged it sold unregistered securities
XRP Skyrockets Past $1 as SEC Faces Legal Troubles And Favorable Regulatory Shift Looms
16.11.2024
The price surge is consistent with the recent bullish positioning in the options market
A Crypto Mixer’s Endgame: Helix Operator Sentenced With $400M Asset Forfeiture
16.11.2024
The DOJ has sentenced the operator of Helix, a cryptocurrency mixer, to prison and ordered the forfeiture of over $400 million in assets tied to money laundering. DOJ Ends Helix’s Reign: Operator Sentenced The U.S. Department of Justice (DOJ) announced Friday that Larry Dean Harmon, 41, of Akron...
FTX Targets Binance and CZ With $1.8 Billion Clawback
15.11.2024
Crypto mogul Changpeng Zhao—notoriously known as “CZ”—may be out of prison, but he’s not out of hot water yet. The bankruptcy estate of former-leviathan FTX has filed suit against Binance and its ex-CEO, CZ, seeking to recoup nearly $1.8 billion in allegedly...
Dogecoin investor lawsuit against Elon Musk dropped
15.11.2024
Tesla CEO Elon Musk is often associated with Dogecoin after the businessman mentioned the memecoin on various channels in 2021
Bitfinex Hacker Sentenced to Prison as DOJ Tracks 120,000 Stolen Bitcoin
15.11.2024
The DOJ has sentenced the Bitfinex hacker to prison for laundering 120,000 stolen bitcoins from the 2016 hack, using sophisticated methods to hide the theft. DOJ Secures Prison Sentence for Bitfinex Hacker The U.S. Department of Justice (DOJ) announced Thursday that Ilya Lichtenstein has been...
Ex-SEC Lawyers Agree: Crypto Enforcement Shackles May Take Time to Resolve
14.11.2024
After years of legal wrangling with the U.S. securities regulator, President-elect Donald Trump's win was taken by the crypto industry as a definitive sign that their courtroom shackles and enforcement actions would be thrown off when he takes the oath of office again
FBI tokens, AI tokens and crypto wash trades: Crypto lawyers weigh in
14.11.2024
Did the FBI token infringe copyright rules? Who should be responsible for AI agents and their crypto activities? Crypto lawyers weigh in
FBI tokens, AI tokens and crypto wash trades: Crypto lawyers weigh in
14.11.2024
Did the FBI token infringe copyright rules? Who should be responsible for AI agents and their crypto activities? Crypto lawyers weigh in
SEC Crypto Litigation Releases – October 2024
12.11.2024
The SEC has escalated its crackdown on crypto market manipulation, filing charges against multiple market makers and individuals for allegedly using deceptive tactics—such as wash trading and volume inflation—to mislead investors about the demand for various crypto assets marketed as securities....
Ex-Alameda exec Trabucco gives up yacht, apartments in FTX settlement
11.11.2024
Sam Trabucco left Alameda Research months before the FTX collapse and kept his head down — probably on his yacht Soak My Deck
FTX Launches $1.8B Legal Battle Against Binance as Alameda Pursues $90M Waves Recovery
11.11.2024
FTX and its trading affiliate, Alameda Research, have launched new lawsuits in their ongoing effort to recover assets.…
OpenAI dodges copyright lawsuit over use of news articles in AI training
8.11.2024
A New York federal judge dismissed a copyright lawsuit against OpenAI over its use of news articles for training ChatGPT, but plaintiffs hint at a potential revised filing