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Venture Capitalist Tim Draper Bets Big on Indian Crypto Exchange, Undeterred by Crypto Ban Reports
9.10.2020
American entrepreneur and venture capitalist Tim Draper has invested in Indian cryptocurrency exchange Unocoin despite regulatory uncertainty and reports of a possible crypto ban in India. Unocoin has seen the number of new users grow 10-fold since the supreme court quashed the banking restriction...
BitMEX CTO Released in US After Payment of $5M Bond
9.10.2020
The former chief technology officer of the troubled BitMEX exchange has been released after a bond for $5 million was paid in the U.S
UK Court Overturns Ruling on $1 Billion Venezuelan Gold at Bank of England
6.10.2020
The UK Court of Appeal has overturned an earlier court ruling which denied Nicolas Maduro access to Venezuela’s gold worth about $1 billion kept at the Bank of England. The court did not recognize Maduro as the legitimate leader of Venezuela. Court Rules in Favor of Central Bank of Venezuela...
SEC bring John McAfee to court over ICO promotion
5.10.2020
The cybersecurity millionaire and former presidential candidate sees new additions to his legal woes
Law Decoded: The year of the Crypto Futures Trading Commission, Sept. 25–Oct. 2
2.10.2020
The end of the U.S. federal government's fiscal year brought a cascade of major announcements from agencies
ICO Aftermath: US Rules in Favour of SEC in $100M KIK Case – SALT to Reimburse Claimants From 2017 ICO
1.10.2020
A US court has ruled in favour of the US SEC after the regulator’s filing of a motion seeking summary judgment against Kik for violating the country securities laws. Kik, which raised $100 million from 2017 ICO, had filed its own motion of summary judgment but the court refused to grant this....
Court finds blockchain firm guilty of license violation — but CEO vows to fight back
1.10.2020
A Dutch court ruled against Apollo for cloning over 75% of its code from blockchain developer Jelurida’s code but failing to adhere to the terms of its license
Court rules Kik’s 2017 ICO violated U.S. securities laws
1.10.2020
A judge has ruled that the $100 million ICO conducted by the Canadian messaging platform Kik in 2017 violated federal securities laws
Court tosses out short-sellers’ lawsuit targeting Overstock’s 'digital dividend'
30.9.2020
The lawsuit, accusing Overstock of market manipulation through its security token airdrop, has been turfed by a federal judge
The CFTC Files Complaint Against Crypto Trading Company
26.9.2020
The United States Commodity Futures Trading Commission (CFTC) on Thursday, September 24, filed a complaint against crypto dealing Paxforex for allegedly soliciting or accepting business from US customers without relevant registration. According to a report, the CFTC wants a U.S. court to stop...
Revealing crypto exchange’s physical location was not harmful, court rules
24.9.2020
A former employee’s actions did not cause ‘damage or loss, in any amount’ to the exchange
Craig Wright’s Summary Judgment Denied – Billion Dollar Bitcoin Lawsuit Heads to Trial
22.9.2020
On Monday afternoon, Judge Beth Bloom, from the District Court of Florida, denied Craig Wright’s summary judgment and the infamous billion-dollar bitcoin lawsuit will go to trial in January. The court published a 93-page decision on the matter, as Judge Bloom detailed that “a genuine...
South Korean Police Seize Shares From Major Bithumb Shareholder
18.9.2020
South Korean police have seized shares in Bithumb, the country’s biggest crypto exchange. The shares belong to Bithumb Korea director and major shareholder Kim Byung-Geon. According to a local media report, the police raid – the third on the exchange this month – follows...
Nvidia doesn't want to give up its 2017 'crypto craze' docs
18.9.2020
Nvidia is trying not to hand over internal documents to plaintiffs who allege that the GPU manufacturer misrepresented its financials during the 2017 bull run
Brock Pierce Served Court Papers for Fraud Lawsuit at His Own Presidential Campaign Rally
15.9.2020
U.S. presidential candidate and crypto entrepreneur Brock Pierce was legally served during his campaign rally in New York on Monday
US Man Charged Over Diamond Ponzi Scheme That Touted a Crypto Token
14.9.2020
A man from Washington, D.C., has been charged with running a diamond investment scam with its own cryptocurrency, Argyle Coin
YouTube Ignored Warnings About XRP ‘Giveaway’ Scams, Ripple Says
10.9.2020
Ripple has disputed Youtube's claims it knew nothing about XRP scams on its site, saying it alerted the video platform hundreds of times
6 Members of the Multi-Billion Dollar Plustoken Scam Charged With Fraud in China
10.9.2020
Following the arrest of 109 accused members of the $6 billion Ponzi scheme called Plustoken, six alleged members of the team were prosecuted according to a court filing submitted on Monday. The prosecutors say the individuals are “suspected in organizing and leading criminal pyramid...
Judge Dismisses $200M Damages Claim in AT&T Crypto Hack Lawsuit
9.9.2020
AT&T has won a motion to dismiss a $200 million punitive damages claim from Mike Terpin, who lost $24 million in crypto via SIM hack
Singapore man pleads guilty to stealing $360K in fake Bitcoin sale
9.9.2020
The cases of the robber’s two accomplices are still pending