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Former Mt Gox CEO Karpeles Must Face US Class Action, Judge Rules
30.7.2019
Mark Karpeles, former CEO of the early bitcoin exchange Mt. Gox, must face a class action lawsuit in Philadelphia over the firm's 2014 collapse
Circle CEO Allaire to Congress: Treat Crypto as a New Asset Class
29.7.2019
Circle CEO Jeremy Allaire calls for Congress to treat digital assets as their own asset class in testimony for Tuesday's Senate Banking hearing
Judge Punts on Decision in NYAG Case Against Bitfinex and Tether
29.7.2019
A New York judge has delayed making a decision on whether Bitfinex and Tether need to turn over documents to the state Attorney General
Dark Web Drug Dealer to Hand Over Bitcoin Millions After Plea Deal
29.7.2019
A dark web drug dealer must forfeit $4 million in funds including bitcoin after pleading guilty in New York
SEC Clears Blockchain Gaming Startup to Sell ‘Quarters’ Tokens
26.7.2019
The SEC has issued a no-action letter to Pocketful of Quarters (PoQ), a gaming startup looking to issue tokens on ethereum
Consensys Inner Conflicts Spark Legal Action Against Founder
25.7.2019
Ethereum cofounder Joseph Lubin was recently summoned to court in New York when a former employee initiated a lawsuit for more than $13 million. According to the summons stemming from former Token Foundry CEO, Harrison Hines, relief was being sought for alleged unpaid profits, fraud, unjust...
AT&T Fails to Win Dismissal in $24 Million Crypto SIM-Swap Lawsuit
23.7.2019
Crypto investor Michael Terpin has won an early victory in his attempt to sue AT&T over a SIM-swapping hack that lost a claimed $24 million
Circle Moves Exchange Operations Offshore With New Bermuda Office
22.7.2019
Circle is moving the majority of its Poloniex exchange operations offshore, citing a "lack of regulatory frameworks" in the U.S
Could Donald Trump Ban Bitcoin?
20.7.2019
He can try, argues Noelle Acheson – but the risk he might succeed is outweighed by the benefits of the heightened conversation
Bitcoin is Declared as Legal Virtual Property by Chinese Court
19.7.2019
Bitcoin (BTC) has now been declared as a legally recognized virtual property by a Chinese court. As per the Hangzhou Internet Court ruling, Bitcoin has the characteristics to be regarded as a virtual property and thus owning Bitcoin will be legal in China. The court also said that the digital...
New Jersey Takes Online Market to Court Over 2018 Crypto Token Sale
19.7.2019
The U.S. state of New Jersey is taking legal action over alleged securities violations by blockchain rental marketplace Pocketinns
Chinese Court Rules that Bitcoin has Legal Value - Report
19.7.2019
An internet court in China has reportedly made a landmark ruling on cryptocurrencies, recognizing Bitcoin as having legal value as property.
Per Chinese media outlet BJ News, Hangzhou Internet Court – one of three legal bodies in the country that handle digital and internet-based legal matters...
Facebook’s Libra Should Be Regulated Like a Security, Says Former CFTC Chair
16.7.2019
Former CFTC Chairman Gary Gensler believes Facebook's Libra looks – and should be regulated like – a security
What to Expect When Congress Grills Facebook on Cryptocurrency This Week
15.7.2019
The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions
India to Educate High-Ranking Police Officers on Cryptocurrency
8.7.2019
India’s national police academy has launched a cryptocurrency course for high-ranking officers of the Indian Police Service. Among the objectives of the course are the functioning and legal aspects of cryptocurrencies, as well as investigations of cases involving digital coins. The Indian...
Blockchain Association Takes Over Kik’s ‘Defend Crypto’ Crowdfunding Effort
28.6.2019
The D.C.-based Blockchain Association will now oversee Kik's "Defend Crypto" campaign, with the added goal of helping other startups fight legal cases
US Lawmakers Question FinCEN on Terrorist Use of Facebook’s Libra
27.6.2019
U.S. lawmakers questioned FinCEN director Kenneth Blanco about potential terrorist use of Facebook's libra cryptocurrency
Galaxy Digital Leads $5.5 Million Round for Contract Management Startup
27.6.2019
Crypto merchant bank Galaxy Digital has led a $5.5 million Series A for Clause, a digital contract management startup that uses blockchain tech
Mt Gox Founder Hit With Lawsuit Over Alleged Fraudulent Misrepresentation
26.6.2019
Mt. Gox founder Jed McCaleb has been accused in court of making "fraudulent" misrepresentations over the now-collapsed exchange's operations
Second US Congressional Hearing Is Scheduled on Facebook’s Libra Crypto
25.6.2019
The U.S. House Financial Services Committee has scheduled a hearing on Facebook's libra cryptocurrency for July 17, one day after the Senate holds its hearing