Search
Indictment Order Issued Against Leaders of the Geek Group for Their Role Using BTC in an Illegal Money Transmission Business
6.3.2021
A U.S. District Court has indicted three individuals behind the now-defunct Geek Group for their role in running an illegal money transmission business that used bitcoin to move funds across states. According to the indictment documents, it was Christopher Allan Boden then president of the Geek...
Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud
6.3.2021
A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm...
McAfee faces crypto-related fraud charges from NY court
5.3.2021
Meanwhile, the anti-virus mogul is still imprisoned in Spain
Larsen’s Lawyer Asks Court To Dismiss SEC’s Case Against Him
4.3.2021
Chris Larsen. Source: A video screenshot, Youtube/CfC St. Moritz
While Ripple’s legal woes continue to cast a shadow over the future of the company and XRP, an attorney representing Chris Larsen, the firm’s Co-founder and Executive Chairman, has filed a motion to a US federal judge in which...
Report: TON investor demands $100M compensation from Durov
2.3.2021
Telegram's TON saga seems far from over, as a disgruntled investor seeks compensation
Spanish Court Orders the Investigation of Possible ‘Computer Fraud’ on Bittrex Exchange After a User Loses 1.3 BTC
1.3.2021
A Spanish Court has issued an order compelling a division within the country’s police to investigate the possible existence of “computer fraud” on the Bittrex cryptocurrency platform. The order was issued following the filing of a complaint by a Tenerife based Bittrex user...
Court Orders Valve To Hand Over Data On 436 Steam Games To Apple
25.2.2021
Apple has been asking a bunch of companies to give it confidential information in its ongoing legal battle with Epic Games over how much money each company gets to collect off of Fortnite skin sales on the iPhone. Yesterday, a California magistrate judge ordered Valve to comply with one of these...
Creditors of Mt. Gox Bitcoin exchange to vote on draft refund plan
25.2.2021
Mt. Gox creditors will vote on a proposed draft compensation plan in October 2021
US Judge Dismisses Motion Against Bancor After Finding Allegations Inadequate to Give It Jurisdiction
24.2.2021
A Manhattan federal judge has dismissed a securities fraud class action against Bancor after ruling that the plaintiff’s allegations were not enough to give the court jurisdiction. According to a report, the dismissal of the case against represents the first such ruling “in a suite...
US judge dismisses crypto fraud case against BNT token issuer
24.2.2021
A U.S. federal judge ruled to dismiss a case against crypto firm Bancor, citing lack of personal jurisdiction and the plaintiff’s failure to prove losses
Ripple’s XRP sales suppressed coin price, amended court complaint alleges
19.2.2021
The SEC alleges that Ripple executives misled investors and manipulated the XRP coin price by creating an “information vacuum.”
US Authorities Take Action to Shut Down Crypto Trading Platform Allegedly Defrauding Thousands of Investors
19.2.2021
The New York attorney general and the U.S. Securities and Exchange Commission (SEC) have filed charges against a cryptocurrency trading platform that allegedly defrauded thousands of investors out of over a million dollars. US Regulators Allege Coinseed Operates Illegal Crypto Trading Platform...
South Korean Court Orders Bithumb to Compensate Users for an Accidental BTC Withdrawal Case in 2018
13.2.2021
A South Korean court ordered one of the biggest domestic crypto exchanges to compensate victims of an “accidental withdrawal” incident in 2018. Bithumb has been ordered to pay customers who withdrew their bitcoin funds to an unknown wallet. Funds Ended Up in a Wallet With an Unknown...
Seized Silk Road Bitcoin Worth $3 Billion Likely Linked to Disgraced US Secret Service Agent
10.2.2021
Over $3 billion worth in bitcoin seized by the U.S. Department of Justice (DOJ), belonging to Silk Road, are likely linked to a former U.S. Secret Service agent. The latest findings suggest that “Individual X” is, in fact, Shaun Bridges. Bridges Is Set to Be Freed in November Per recent...
Crypto Hedge Funds Defraud $100 Million From Investors, Founder Faces 20 Years in Prison
7.2.2021
The founder of two cryptocurrency hedge funds has been charged in U.S. federal court for securities fraud. He has pleaded guilty and is facing up to 20 years in prison. His two funds cumulatively had over $100 million in investments. The U.S. Department of Justice (DOJ) announced Thursday that...
New antitrust legislation aims to put an end to tech monopolies in the US
4.2.2021
The era of tech giants buying up their up-and-coming competitors will be over if these senators get their way
Ripple Formally Responds to SEC Allegations — Claims SEC Picking Winners and Losers, Distorting Facts About XRP
31.1.2021
Ripple Labs has officially responded to the complaint by the U.S. Securities and Exchange Commission (SEC). Besides explaining that the XRP cryptocurrency is not a security, Ripple accuses the securities regulator of being out of step, picking winners and losers, as well as distorting facts...
Crypto Fund Manager Charged in $5M Ponzi Scheme, Facing up to 30 Years in US Prison
30.1.2021
A cryptocurrency fund manager has been charged in a U.S. federal court. He allegedly took over $5 million from investors interested in investing in his crypto funds, promising them high returns. In reality, he was running a Ponzi scheme and is now facing up to 30 years in prison. Crypto Fund...
Federal Court Rejects Motion Filed by Crypto Developer Virgil Griffith to Dismiss Charges on Aiding North Korea
30.1.2021
A U.S. federal judge has rejected a motion filed by a former Ethereum Foundation developer over allegations of assisting North Korea to bypass sanctions. Prosecutors claim, Virgil Griffith, aided the regime by providing critical information on cryptocurrencies. Prosecutors Say Griffith’s...
Ripple and CEO Brad Garlinghouse Face Another Lawsuit Over XRP Crypto Being a Security
29.1.2021
Another class-action lawsuit has been filed against Ripple Labs and CEO Brad Garlinghouse. This lawsuit follows the one filed by the U.S. Securities and Exchange Commission (SEC) alleging that the defendants sold XRP, which it considers unregistered security, for over $1.38 billion. The lawsuit...