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Court Rules on What Japanese Exchanges Must Do with Hard Fork Tokens
20.5.2020
A ruling made by a Tokyo District Court – and unearthed by the CEO of Japanese crypto exchange bitFlyer – appears to suggest that exchanges are not legally obliged to transfer any cryptoassets generated by hard forks to their customers.
Per a series of tweets from bitFlyer CEO Yuzo Kano, a Tokyo...
John McAfee Admits Ghost 'Copy-Pasted' From PIVX, Threatens Lawsuits
20.5.2020
The British-American entrepreneur admitted his privacy-oriented project Ghost borrowed from open-source anonymity coin PIVX, but apparently wants to sue it nonetheless
BitMEX Briefly Goes Offline Amid Legal Problems
19.5.2020
Trading giant BitMEX briefly went offline just three days after being hit with a massive lawsuit, citing a trading engine error
BitMEX Faces Lawsuit for Alleged Racketeering and Extensive Illicit Activities
18.5.2020
BitMEX and its executives have been accused of engaging in or abetting crimes that include racketeering, money laundering, wire fraud and unlicensed money transmission
Motions Fly High as Craig Wright Set to Face Kleiman Estate in Court
15.5.2020
Jockeying for position continues, but it looks like Kleiman v. Wright is going to trial. Still, never say never as most lawsuits settle
Bitcoin Cannot Be Protected By Chinese Law, Local Court Rules
13.5.2020
A court in Fujian province has dismissed a lawsuit filed against a ‘Bitcoin club’, arguing that it does not fall under its jurisdiction
17,000 Quadrigacx Users Seek $307M from the Failed Canadian Crypto Exchange
13.5.2020
About 17,000 people have filed claims for refunds from the collapsed Canadian digital asset exchange Quadrigacx. Altogether, the claims, denominated in both cryptocurrency and fiat, amount to nearly $307 million. According to a document released Tuesday by Ernst & Young, the court-appointed...
Telegram Drops TON Cryptocurrency Project After US Prohibits Global Distribution
13.5.2020
Popular messaging app Telegram has shut down its TON cryptocurrency project. Telegram founder Pavel Durov explains that a US court has stopped his TON project and prevented the gram cryptocurrency from being distributed to investors, not just in the US but globally. Telegram Discontinues...
Telegram Abandons TON Blockchain Project After Court Fight With SEC
12.5.2020
Telegram CEO Pavel Durov says the company is abandoning its TON blockchain project after losing an initial court fight with the SEC
Jury Trial Scheduled for Billion Dollar Bitcoin Lawsuit Against Craig Wright
11.5.2020
Florida’s Southern District Court has been dealing with the Kleiman v. Wright case for well over two years and now the lawsuit is finally going to trial. A jury trial is set for July 6, 2020, in the Miami Division courthouse before Judge Beth Bloom. Meanwhile, Craig Wright,...
Chinese Court Rules Bitcoin Is Asset Protected by Law
9.5.2020
A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under...
New Cryptocurrency Exchanges Launch in India as Businesses Seek Answers From RBI
8.5.2020
The Indian cryptocurrency industry has been growing rapidly despite the nationwide lockdown and the coronavirus crisis. Two new cryptocurrency trading platforms are launching in India while existing crypto businesses seek clarification from the central bank, the Reserve Bank of India (RBI)....
Bitcoin Is a Digital Asset Says Intermediate People’s Court in China
6.5.2020
A court dispute between an international couple and four Bitcoin robbers has come to an end
US Court Dismisses Lawsuit Over Riot Blockchain’s Crypto Pivot
4.5.2020
A U.S. judge has dismissed a lawsuit alleging the firm changed its name to include "blockchain" in 2017 to boost its share price
Indian Crypto Exchanges Seek Tax Clarity From Central Bank
4.5.2020
India’s crypto exchanges are demanding that the country’s central bank provide clear guidelines regarding taxation
Onecoin Lawsuit Continues: Judge Lifts Stay Order, Investigators Search for ‘Crypto Queen’
4.5.2020
In mid-April, news.Bitcoin.com reported on the unsealed indictment tied to the Onecoin cofounder Sebastian Greenwood. At the same time, U.S. Judge Valerie Caproni had placed a stay order on the case against Greenwood, Konstantin Ignatov, Mark Scott and David Pike. Now Judge Caproni has lifted...
Chinese Court Declares Ethereum Legal Property With Economic Value
28.4.2020
A district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender...
Craig Wright Claims Satoshi Nakamoto ‘Never Used Bitcointalk’ to Communicate
27.4.2020
The mysterious Craig Wright, the man who claims to be Satoshi Nakamoto, was recently ordered to produce 11,000 documents and answers after Judge Beth Bloom overruled the defendant’s recent objections. However, the coronavirus outbreak has given Wright some leeway, as the Florida court system...
SEC, Kik Continue Court Clash Over $100M Kin Token Sale
25.4.2020
The SEC and Kik doubled down on their respective views of whether the 2017 KIN token sale was a securities transaction in new legal filings published late Friday
Bidooh Founders Admit to Cloning Business for Rival Advertising Venture
24.4.2020
The founders had used the tech to establish a rival advertising firm, but claimed they'd been "screwed out of" their company