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‘Controversial’ Bitcoin Proposal to Curb Inscriptions Ignites Fierce Debate, Ends Without Resolution
7.1.2024
On Friday, Jan. 5, 2024, the debate surrounding Bitcoin developer Luke Dashjr’s proposal to restrict all varieties of data-bearing transactions concluded as the topic veered into “controversial” territory. Bitcoin Core custodian and Blockstream staff member Andrew Chow...
Judge Grants Summary Judgment for SEC in Landmark Crypto Case Against Terraform Labs
29.12.2023
In a definitive ruling, U.S. District Judge Jed Rakoff favored the Securities and Exchange Commission (SEC) in the multi-billion-dollar fraud case involving Terraform Labs and its founder, Do Kwon. Rakoff noted that the Howey test criteria were satisfied for a range of Terra-related assets...
Thunder Terminal Claims Security After $192,000 Exploit, Hacker Demands Ransom in Dispute
27.12.2023
Source: DALL·E Thunder Terminal has recently encountered an exploit. Despite the severity of the incident, the platform has assured users of the security of their funds. Yet the hacker claimed differently and demanded ransom. In a recent post published by the decentralized platform Thunder...
Grimace Community Triumphs: MEXC’s Multimillion-Dollar Capitulation
21.12.2023
PRESS RELEASE. On December 19, Grimace’s creator staged a New Year’s miracle live, gifting his followers millions of dollars. The MEXC exchange funded this entire giveaway, as they went against Grimace’s user base and listed the token on their futures market without approval....
This Supreme Court Case and IRS Broker Rule Together Could Redefine Crypto Taxation
4.12.2023
Source: DALL·E A critical Supreme Court case and its ruling could redefine the taxation of digital assets. Intersecting with the vexed IRS broker rule announced earlier, this case may potentially reshape crypto tax reporting and compliance on a fundamental level. The case in question, Moore...
Tether and Bitfinex Settle Dispute, Will Share Information Under FOIL Request – Here’s What You Need to Know
25.11.2023
Source: AdobeStock Tether and Bitfinex have agreed to settle their dispute regarding a Freedom of Information Law (FOIL) request filed by a group of journalists, including Zeke Faux from Bloomberg Businessweek. In a recent announcement, Tether hailed the move as a step towards greater transparency...
'We Are Prepared to Go to the Mat:' ENS Founder on Patent Dispute With Unstoppable
21.11.2023
ENS Founder Nick Johnson told CoinDesk he’s unhappy with Unstoppable Domains's patenting of work that he claims he produced and published earlier
Roger Ver Pursues Closing Up of Matrixport in Seychelles Lawsuit Over $8 Million Dispute
7.11.2023
Source: Pexels A legal battle has been ongoing between Roger Ver, an investor also known as ‘Bitcoin Jesus,’ and Jihan Wu, the co-founder and chairman of Matrixport subsidiary Smart Vega, in Seychelles since last year over frozen cryptocurrency funds. Ver alleged that Matrixport...
Coinbase user agreement dispute reaches US Supreme Court
4.11.2023
The Supreme Court’s choice to take up this case represents a pivotal development for firms utilizing arbitration clauses
SEC Seeks Summary Judgment in Do Kwon and Terraform Labs Case, Citing Lack of Material Dispute for Trial
3.11.2023
The U.S. Securities and Exchange Commission (SEC) has requested a federal judge for a summary judgment in its case against Do Kwon and Terraform Labs. The SEC has argued in its filing that there is “no genuine dispute as to any material fact” in their case against Do Kwon and Terraform...
Bitget Embroiled in Bitter $10M Dispute With Floki Over TokenFi Memecoin Listing
1.11.2023
Cryptocurrency exchange Bitget is under intense scrutiny over its handling of the listing, and subsequent delisting, of a memecoin related to Floki Inu
Craig Wright Wins U.S. Appeal in Billion-Dollar Bitcoin Dispute
27.10.2023
A Florida jury was right to say the self-proclaimed inventor of cryptocurrency wasn't in partnership with David Kleiman when they mined bitcoin together, an appeals court ruled
SEC Deadline on Grayscale's Bitcoin ETF Dispute Approaching at Midnight
13.10.2023
The SEC has hours left to seek an appeal of the court order to erase the agency’s rejection of Grayscale’s trust-to-ETF conversion application
Federal Judge Orders Mediation for BlockFi and Three Arrows Capital Dispute Over $284 Million Payments
12.10.2023
A US bankruptcy judge, in order to resolve the legal battle over a significant $284 million claim by bankrupt crypto hedge fund Three Arrows Capital (3AC) against crypto lender BlockFi, has ordered them to enter mediation....
Read More: Federal Judge Orders Mediation for BlockFi and Three Arrows...
Ben 'Bitboy' Armstrong arrested on livestream over Lambo dispute
26.9.2023
Crypto influencer Ben “BitBoy” Armstrong has been arrested following a livestream outside the house of Carlos Diaz, a former business partner
Sam Bankman-Fried's father dragged his mother into an FTX US salary dispute
19.9.2023
A complaint filed in bankruptcy court claimed Joseph Bankman involved Barbara Fried when answers from neither his son or FTX US satisfied concerns around his $200,000 annual salary
‘I Just Want to Keep Things Moving’: Judge Makes No Ruling in SEC-Binance Document Dispute
19.9.2023
A U.S. judge declined to order Binance.US to make its executives more available for depositions, or for the U.S. Securities and Exchange Commission (SEC) to back down in its demands for more documents during a hearing Monday
Celsius and Core Scientific Reach $45 Million Settlement Deal Following Mining Facility Dispute
15.9.2023
Digital asset miners Core Scientific and Celsius Mining have struck a $45 million deal over the Cedarvale mining site after months of litigation.
According to the court filing, both companies have resolved to settle all disputes in a deal that both companies describe as beneficial to the entire...
Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal
15.9.2023
Celsius had previously claimed hundreds of millions in damages in a squabble over unpaid dues that led to its mining rigs being powered down
Man Plans to Sue City Over Refusal to Dig for 7,500 Lost Bitcoin in Landfill
10.9.2023
James Howells, a bitcoin enthusiast who misplaced 7,500 bitcoin (BTC) in a South Wales landfill, is gearing up to take legal action against the local city council for barring his efforts to unearth the missing hard drive from 2013. This former IT professional, now 38, has been at odds with Newport...