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Kik Continues Legal Battle With SEC, Requests Trial Date Definition
10.1.2020
Kik is pushing to set a trial date with the SEC as preparatory activities continue
Kik (Again) Asks for Trial in Legal Tussle With SEC Over Token Sale
10.1.2020
Kik is hoping to go to trial in the ongoing legal fight with the SEC over its 2017 kin token sale
ESMA Wants to Create ‘Sound Legal Framework’ for Cryptocurrencies in 2020
9.1.2020
Citing concerns about digitalization risks to financial markets, ESMA plans to focus more on crypto regulation this year
John McAfee Plans to Tokenize All 535 Members of US Congress
5.1.2020
On Saturday, the notorious John McAfee revealed a new project he’s launching that aims to tokenize all 535 members of U.S. Congress in order to sell them on the open market. McAfee said that the U.S. representative tokens will be listed on his exchange McAfeedex so people can find out what...
Ousted Bitmain CEO Makes Legal Move to Dethrone Jihan Wu
5.1.2020
In December, Micree Zhan Ketuan, the ousted co-founder of the world's largest producer of Bitcoin mining equipment, Bitmain, reportedly asked a Cayman Islands court to reverse a shareholder decision that cost him voting control of the crypto-miner.
Shareholders voted then to convert Bitmain’s Class...
Scottish Novelist Andrew O’Hagan Asked to Testify in Kleiman v. Wright Lawsuit
4.1.2020
The high profile billion dollar bitcoin lawsuit, Kleiman v. Wright, has continued into the new year. The Kleiman estate’s legal team filed for a protective order to prevent the deposition of Wright’s ex-wife on January 13, 2020. Additionally, the plaintiffs and defendants have scheduled...
Bitmain Co-Founder Initiates Legal Fight to Return to Control Over Company
3.1.2020
Forced out Bitmain co-founder Micree Zhan Ketuan has initiated a legal case to regain his position
Was Youtube’s Christmas Crypto Purge Illegal?
2.1.2020
This article considers the legal implications of Youtube’s notorious purge of crypto channels on Christmas Eve. What legal context induces Youtube and other social media giants to operate as they do? The article does not explore whether it is morally proper to terminate a contract without...
Legal Wrinkles Could Blight Taxman’s USD 67m Bithumb Ruling
31.12.2019
Lawyers and politicians in South Korea have been debating the legality of the tax service’s recent decision to effectively serve crypto exchange Bithumb with a USD 67 million tax bill.
As previously reported, South Korea’s National Tax Service (NTS) has attempted to force Bithumb to pay...
Russia’s Supreme Court Recognizes Tokens as Assets Like Money and Property
26.12.2019
A phenomenon like bitcoin can gain recognition, including regulatory, in many different and often unexpected ways. Governments that hesitate to accept cryptocurrencies as legal tender, sometimes validate their existence indirectly and even acknowledge they can be used for payments. Taxing crypto...
Fortress Renews Offer to Buy Mt Gox Claims for $778 per Coin
21.12.2019
According to reports, the New York-based private equity firm Fortress is offering Mt Gox creditor claims at $778 per coin. The offer is 13.5% lower than what Fortress offered in July and Mt Gox claimants have until December 31 to accept the offer. Also read: Reports Criticize Bitcoin SV Miners...
France Approves First ICO
19.12.2019
The French financial markets regulator, the Autorité des Marchés Financiers (AMF), has made its first initial coin offering (ICO) approval. While token sales remain legal as a fundraising option in France, only those that have been approved by the AMF may be marketed directly to...
US SEC Imposes $250,000 Penalty, Requires Return of up to $13M for Unregistered ICO
18.12.2019
The U.S. SEC imposes a $250,000 penalty against Blockchain of Things, which may also have to refund up to $13 million netted in unregistered ICO
Former SEC Senior Counsel Joins US Security Token Platform As Chief Legal Officer
17.12.2019
TokenSoft hired Alex C. Levine as its chief legal officer to work on the firm’s regulatory compliance
Bitmain’s Miner Manufacturing Subsidiary Had $680k in Assets Frozen in a Contract Dispute
16.12.2019
In the latest contract dispute to hit the firm, $680,000 belonging to a fully owned subsidiary of bitcoin mining giant Bitmain has been frozen by a Chinese court
New York Attorney General Calls Bitfinex’s Legal Stance ‘Deeply Perverse’ in New Filing
13.12.2019
In a sharply worded brief, the New York Attorney General's Office has criticized the exchange's tactics in its case involving the Tether stablecoin's backing
Majority Leader of California State Assembly Pushes for Legal Certainty for Blockchain
11.12.2019
CA State Assembly Majority Leader wants California to lead blockchain legislation, shares plans at Elev8CON
New Ukrainian Law Says ‘Virtual Assets’ Can Be Used for Payments
9.12.2019
The Verkhovna Rada, Ukraine’s legislature, has approved amendments that introduce legal terms and definitions pertaining to the crypto space. The new legislation, which aims to transpose the FATF standards into national law, also identifies who is to take responsibility for the oversight...
Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles
5.12.2019
The MLM monitoring publication behindmlm.com revealed on Dec. 1 that the infamous Ponzi scheme Onecoin’s website onecoin.eu has gone offline. According to the domain host Eurid, the onecoin.eu domain name is currently “under legal investigation.” Onecoin’s website going...
Tim Draper Calls For Ross Ulbricht’s Release: ‘We Need Entrepreneurs Like That Guy!’
5.12.2019
One of the most successful investors in the world is publicly calling for the release of the Silk Road creator