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Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power
27.1.2022
The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike in electricity consumption in the Russian region. The supplier accuses the miners of burning cheap household electricity in what is, in fact, a business activity....
Court Urges YouTuber Banned From Roblox To Stop Making Terrorist Threats
21.1.2022
Controversial YouTuber Benjamin “Ruben Sim” Simon has been banned from gaming platform Roblox after allegedly leading an in-game “cybermob” to harass its predominantly younger player base with racist and homophobic slurs, and some sexual harassment to boot. According to the Oakland, CA court that...
Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins
19.1.2022
A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare to address the lack of proper regulations for cryptocurrency mining, which has become a popular source of income in Russia....
Pakistani Bank Asks Customers to Avoid Conducting Crypto Transactions
18.1.2022
A major bank in Pakistan has reportedly asked its customers to avoid conducting cryptocurrency transactions. Bank Alfalah’s action came shortly after the State Bank of Pakistan, the country’s central bank, submitted a report to the Sindh High Court recommending a complete ban...
Court Dismisses Lawsuit By Parents Whose Kids 'Gambled' With CSGO Skins
14.1.2022
On January 7, a U.S. federal court dismissed the final lawsuit against Valve regarding the company’s alleged facilitation of what plaintiffs claimed amounts to illegal gambling in CSGO matches. This was the last case in a series of claims brought to the court by parents whose children had purchased...
Pakistan’s Central Bank Decides to Completely Ban Cryptocurrency: Report
14.1.2022
The State Bank of Pakistan (SBP), the country’s central bank, has reportedly come to a decision to ban the use of all cryptocurrencies within the country. The central bank has also asked the Sindh High Court to ban “unauthorized operations” of crypto exchanges and impose...
Report Highlights Tech Firm Ryval’s Avalanche-Powered Litigation Tokenization Concept
13.1.2022
According to a recent interview, trial lawyer Kyle Roche from the legal firm Roche Freedman LLP has started a tech startup called Ryval that aims to be “the stock market of litigation financing.” The firm plans to launch during the first quarter and allow people to leverage tokens...
Pakistan's central bank reportedly wants to ban crypto
13.1.2022
Pakistan's finance and law ministries are yet to make a decision on a potential blanket ban on crypto in the country
Activision Sues Call Of Duty: Warzone Cheat Maker For Selling To 'Tens Of Thousands' Of Players
5.1.2022
Call of Duty publisher Activision is kicking off 2022 by asking a court to shut down Warzone cheat maker EngineOwning, opening up a new legal front in its never-ending war against the hackers plaguing its popular online battle royale. In addition to lost revenue, the company currently under fire...
Hemp grower crowdfunds court case, tokenizes shares in settlement
5.1.2022
The Initial Litigation Offering is being used to help a hemp grower crowdfund legal fees in a fight against California, and has important implications for a new type of fund raising with crypto
Ex-Head of Crypto Exchange Wex Released in Poland
1.1.2022
Former chief executive of the Russian cryptocurrency exchange Wex, Dmitry Vasiliev, has been released from arrest in Warsaw earlier this month. The ex-head of the now-defunct coin trading platform has since returned to Russia while court proceedings against him in Poland are still ongoing. Polish...
Recent Chinese Bitcoin Court Ruling ‘Not an Isolated Case’ & Part of ‘an Ongoing Trend’
27.12.2021
A court ruling in China from earlier this month claiming that a Bitcoin (BTC) mining contract was “void” was not an outlier, according to a new report, which added that Chinese courts have made similar rulings prior to the crackdown this year....
Read More: Recent Chinese Bitcoin Court Ruling...
Blockchain startup sues Brian Armstrong for allegedly stealing its work
21.12.2021
Coinbase CEO Brian Armstrong reportedly offered investment in Knowledgr while secretly working on his own competitor project, ResearchHub
Bitcoin Mining Contracts Ruled “invalid” By Beijing Court
16.12.2021
In a decision that demonstrates China’s judiciary has no intention of acknowledging and safeguarding cryptocurrency-related concerns, a court in Beijing has dismissed a lawsuit demanding compensatory damages from a blockchain business after its customer failed to earn money on bitcoin mining....
Court Decision Voids Crypto Mining Contracts in China, Shuts Down Bitcoin Farms
16.12.2021
A court in Beijing has ruled that three investment agreements for bitcoin mining operations in Sichuan are “invalid.” A compensation claim has been rejected in the case, viewed as an indication that the Chinese judiciary would not provide protection for crypto-related interests....
Beijing court rejects monetary compensation in Bitcoin mining contract plea
16.12.2021
The plaintiff in the case demanded 217.7 BTC in compensation for his Bitcoin mining infrastructure investment
Power Utility Sues Russians Mining Cryptocurrency at Their Homes, Raises Electricity Rates
12.12.2021
A Russian power utility has found a way to increase electricity prices for consumers mining cryptocurrency using household electricity. The regional distribution company has taken dozens of amateur miners to court and has already won some of the cases. Power Utility Goes After Crypto Miners Using...
US Court Hints IRS May Have Violated Coinbase User’s Privacy Rights in Tax Audit
9.12.2021
An American bitcoin (BTC) owner attempting to fight the Internal Revenue Service over the seizure of his data from the Coinbase trading platform could be given the chance to challenge the tax body over the controversial move....
Read More: US Court Hints IRS May Have Violated Coinbase User’s...
Craig Wright Cleared of All Charges Except a Conversion Count, Jury Awards $100 Million to W&K Info Defense
6.12.2021
The Kleiman v. Wright trial has come to a conclusion and Craig Wright and his defense team has won on all claims except one count of conversion. According to a court reporter, Craig Wright, the man who claims to be Satoshi Nakamoto, said he was “incredibly relieved.” Craig...
Jurors in Billion-Dollar Bitcoin Trial Deadlocked for Days — Hung Jury Could Lead to Mistrial
3.12.2021
Jurors in the Kleiman v. Wright trial are currently unable to come to a decision on the high-profile billion-dollar bitcoin lawsuit in Florida. While the judge has told the jury to take time deliberating the case, on Wednesday, the jurors issued a statement that explained they could...