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Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC
13.7.2023
Asserting powers over the $1 trillion crypto industry is of major significance, just like canceling student debt, the exchange’s lawyers argue
Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities
12.7.2023
In January, lawyer John Deaton persuaded the Judge in the SEC vs LBRY case that secondary LBC token sales don’t constitute a securities offering
US Supreme Court halts Coinbase cases in its first crypto ruling
23.6.2023
The United States Supreme Court ruled in favor of Coinbase in its first ever opinion on a cryptocurrency case on June 23
Coinbase Wins Supreme Court Ruling in Arbitration Lawsuit
23.6.2023
Crypto exchange Coinbase won a reprieve from the U.S. Supreme Court on Friday, after the high court ruled that a lawsuit filed by one of the exchange's users couldn't proceed until Coinbase defends an appeal of a lower court ruling
3AC Seeks Contempt of Court Ruling on Founder Kyle Davies For Failing to Respond
15.6.2023
Ignoring a subpoena warrants a fine of $10,000 per day, the estate of his hedge fund argues
Notions of DAO Immunity Sink as CFTC Lawsuit Declares Ooki DAO a ‘Person’ Under the Law
11.6.2023
On June 9, 2023, the Commodity Futures Trading Commission (CFTC) declared victory in a lawsuit against Ooki DAO, a decentralized autonomous organization. According to the CFTC, the judge’s ruling that the Ooki DAO is a “person” under the Commodity Exchange Act sets a new legal...
Do Kwon Set for Bail After Montenegro Ruling – LUNC Prices on the Rise
5.6.2023
A fresh Montenegro court ruling means Do Kwon, the Terraform Labs founder and CEO, could be released on bail again.
Per the media outlets Vijesti and Hankook Ilbo, a branch of the Podgorica District Court approved a second bail request for Kwon and Terra’s former chief financial officer...
Terraform Labs CEO Do Kwon Denied Bail by Montenegrin High Court; Extradition Requests Loom
24.5.2023
A Montenegrin high court judge has reportedly invalidated the bail application of Do Kwon, the co-founder of Terraform Labs. Kwon was detained for providing false identification while boarding a flight to Dubai alongside a companion on March 23, 2023. Terraform Labs Co-Founder’s Bail Request...
South Korea’s lead party wants crypto disclosure laws to apply earlier: Report
24.5.2023
The proposed bill would require top government officials and lawmakers to declare all personal crypto holdings over $760
South Korea's Ruling Party Calls to Expedite Bill on Lawmakers' Crypto Disclosures: Report
23.5.2023
The leader of South Korea's ruling People Power Party wants a new bill requiring lawmakers and high-level government officials to declare their cryptocurrency-related assets to be implemented within two months
PlayStation Has To Pay Back Some Loot Boxes After Court Ruling
17.5.2023
Over the past few years EA’s FIFA series has been the target of multiple investigations and government hearings across Europe, with some countries concerned that the game’s flagship Ultimate Team mode is basically gambling, and others convinced that it is and taking action.Read more
Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months
9.5.2023
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of...
Ugandan High Court Rules to Uphold Central Bank’s Crypto Prohibition
25.4.2023
A Judge of a High Court in Uganda recently dismissed an application which sought to quash a Bank of Uganda directive that barred licensed entities and individuals from facilitating crypto transactions. In his ruling, Justice Musa Ssekaana insisted that the central bank’s crypto prohibition...
South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security
24.4.2023
Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent...
Hong Kong Court Recognizes Cryptocurrencies as Property in Landmark Ruling – What Happens Next?
20.4.2023
The High Court of Hong Kong has made a landmark ruling by recognizing crypto to be property in a legal matter that involved now-defunct crypto exchange Gatecoin.
Judge Linda Chan, who presided over the case, reportedly said that crypto has property attributes, according to an analysis of...
XRP price rally stalls as SEC vs. Ripple ruling drags on — 25% drop ahead?
11.4.2023
XRP nears key breakout but lackluster volumes may spoil its 30% rally setup
Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says
28.3.2023
A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility...
bZX DAO class-action ruling: Dev with upgrade key makes platform custodial
28.3.2023
Delphi Labs general counsel Gabriel Shapiro tweeted that the ruling can also be potentially applied to developers with multisigs
After Presidential Rebuke, Nigeria’s Central Bank Says Demonetized Naira Banknotes Still Legal Tender
16.3.2023
The Nigerian central bank has said the recently demonetized ₦200, ₦500 and ₦1,000 banknotes will remain legal tender until Dec. 31, 2023. The central bank statement, which reaffirms a Supreme Court ruling that extended the lifespan of the demonetized naira banknotes, followed a rebuke of the CBN...
Court Dismisses Former Monero Developer’s Bid to Have His Extradition to South Africa Declared Illegal
16.3.2023
The Supreme Court of Appeal (SCA) in South Africa has rejected former Monero lead maintainer Riccardo Spagni’s bid to have it declare his extradition from the United States to South Africa illegal. In its ruling, the Supreme Court of Appeal insisted that Spagni did not sufficiently argue...