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British Court Orders Binance to Identify and Freeze Hackers’ Accounts After a User Claims Funds Stolen
14.8.2021
A U.K. judge has reportedly ordered cryptocurrency exchange Binance to identify hackers and freeze their accounts after one of its users claimed to be the victim of a $2.6 million hack. Binance Ordered to Help Recover Funds Allegedly Stolen in a Hack A London high court has ordered global...
London court orders Binance to trace hackers behind $2.6M Fetch.ai attack
13.8.2021
"We need to dispel the myth that cryptoassets are anonymous. The reality is that with the right rules and applications they can be tracked, traced and recovered," said Syedur Rahman
Beijing Court to Create Property Right Framework for ‘Digital Currencies’
11.8.2021
The Beijing Financial Court has outlined its intention to protect the property rights of “digital currency” holders – but only if such “currencies” are “legally” recognized by the Chinese state.
Speaking at a press conference held at the court yesterday, Cai Huiyong, who was appointed as...
Man Sentenced to 8 Years in Prison for Stealing Nearly $7 Million of Crypto in Israel
11.8.2021
Afek Zard, a resident of Israel, has been sentenced to eight years in prison for embezzling a large sum of cryptocurrency that belonged to a friend of his. The man, who refused to cooperate with the investigation, will have to pay a hefty fine as well. Israeli Resident Sentenced for Cryptocurrency...
SEC wants ‘terabytes’ of Slack communications from Ripple
10.8.2021
The SEC said that the previous production of Slack messages from Ripple was incomplete, and a massive quantity of data has not been collected
UK-based independent legal team to tackle international crypto disputes
9.8.2021
The CFAAR network hosts practitioners that have experience in handling some of the early crypto-related disputes in the British court system
Brazilian Court Sell $1.1 Million in Bitcoin Seized by Federal Police
9.8.2021
A Brazilian federal court ordered the sale of a bitcoin stash worth $1.1 million. The sale was conducted by the largest regulated exchange in the country, Mercado Bitcoin. The Federal Police seized the bitcoin sold from Tradergroup, a company that allegedly was operating as a Ponzi scheme, under...
2022 trial date set for Tether’s accused 'shadow banker' Reggie Fowler
6.8.2021
Former NFL team owner and alleged “shadow bank” operator Reggie Fowler is not engaged in any plea negotiations and the trial against him is set to begin early next year
Two Masterminds in Last Ditch Effort to Stall Liquidation of MTI
4.8.2021
In a last-ditch attempt to stall the sale of Mirror Trading International (MTI) assets, two masterminds of the collapsed bitcoin Ponzi scheme have warned investors that liquidating the investment company will likely result in them being asked to return all withdrawn bitcoins. Opposition to Attempts...
Activistion Blizzard Faces Second Lawsuit Over First Lawsuit
3.8.2021
A class action lawsuit filed today in the U.S. District Court of Central California on behalf of investors alleges that Activision Blizzard’s intentional failure to disclose its ongoing problems with sexual harassment and discrimination artificially inflated the company’s stock value. In layman’s...
Court Orders Russia’s Sberbank to Unblock Crypto Trader’s Accounts
3.8.2021
A court has ordered one of Russia’s largest banks to lift restrictions imposed on the accounts of a Russian citizen who was selling digital coins on cryptocurrency exchanges. The state-owned giant Sberbank will now have to unblock its client’s cards and restore his access to its online...
South Africa Bitcoin Heist: Court Grants Liquidators Authority to Track Missing Africrypt Investor Funds
3.8.2021
A South African court has granted liquidators of the collapsed bitcoin investment firm Africrypt the powers to track down missing investor funds. Also, as part of the court decision, Africrypt liquidators will now have the authority to sell assets and property belonging to the company....
Russian court orders Sber to unblock account used for Bitcoin trading
3.8.2021
According to the court, Sber had no reason to keep the account service blocked after the client provided detailed information about his Bitcoin trades
Finland Looking for Brokers to Sell Seized Bitcoins Worth $80 Million
30.7.2021
Finland’s customs authority is looking for brokers to sell 1,981 bitcoins seized in drug cases. The coins are currently worth nearly $80 million. Finland’s customs authority announced Thursday that it is seeking brokers to sell 1,981 bitcoins seized in drug busts, Bloomberg reported...
South Korea Proposes Law Allowing Direct Seizure and Sale of Crypto Assets to Pay Overdue Taxes
28.7.2021
The South Korean government has proposed an amendment to the tax code to allow the country’s tax authority to seize and sell cryptocurrencies belonging to delinquent taxpayers. “The revision will allow direct seizing without court-approved change in ownership records. Assets held by...
Africrypt Bitcoin Heist: Contradicting Reports About the Directors Whereabouts Surface
27.7.2021
In a new twist to the Africrypt saga, two different reports have made contradicting claims about the whereabouts of Raees and Ameer Cajee, the two directors of the collapse bitcoin investment firm. However, both reports suggest the Cajees brothers had planned their escape prior to the alleged...
Former Ethereum Developer Virgil Griffith Arrested for Signing Into His Coinbase Account: Report
21.7.2021
According to reports stemming from investigative journalist Matthew Russell Lee, from Inner City Press, former Ethereum developer Virgil Griffith has violated the terms of his bail and has been taken into custody. According to the reports, the U.S. Attorney’s Office revoked Griffith’s...
Ripple Asks Court to Throw out SEC Case Following Commissioners’ Letter
21.7.2021
The XRP-affiliated Ripple is looking to capitalize on a recent statement from members of the US Securities and Exchange Commission (SEC) calling for more transparency in cryptoasset classification – and now hopes to have its protracted war with the regulator dismissed.
As reported last week, two...
MTI Investors Urged to Ignore Fake Bitcoin Recovery Offers
21.7.2021
Beleaguered Mirror Trading International (MTI) investors have been told to ignore unsolicited offers from individuals claiming to have the ability to trace and recover their missing bitcoins. This warning from the court-appointed liquidators was made after reports emerged that several MTI investors...
Coinbase sued over Dogecoin Sweepstake ad Campaign
19.7.2021
Plaintiff alleges “deceptive ad campaign” cost Coinbase users millions of dollars