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Crypto mixer founder argues 30-year prison sentence is ‘unwarranted’
17.8.2024
In March, a jury convicted Bitcoin Fog founder Roman Sterlingov of four counts related to money laundering through the operations of the crypto mixing service
Nigeria Seizes $37.5M in Digital Assets After Court Grants Freezing Order
16.8.2024
The Nigerian government has seized approximately $37.5 million in digital assets from the organizers of the Endbadgovernance protests. The funds were frozen by a court order based on a claim by the Economic and Financial Crimes Commission, which alleged that the money was linked to money laundering...
Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports
16.8.2024
Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported
Dubai court recognizes crypto as a valid salary payment
16.8.2024
UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions
Craig Wright Seeks Appeal in UK Court, COPA Responds
16.8.2024
Craig Wright has appealed to the UK courts. This legal action, as confirmed by Bird & Bird, the…
Thailand's PM Removed, But Crypto Policies Likely to Remain 'Largely' Unaffected in Political Uncertainty
14.8.2024
Thailand Prime Minister Srettha Thavisin's shock removal from office by a court on Wednesday may not impact crypto rules in the nation, even if some policy implementations may be affected, experts told CoinDesk
Bitcoin Scam Targets US County Residents With Fake Warrants
14.8.2024
A scam email targeting residents of Montgomery County, Pennsylvania, is falsely soliciting Bitcoin payments to resolve supposed arrest warrants. The fraudulent emails claim to be from authorities like the “FDIC government office warrant division” and include misleading subject lines...
Hong Kong court orders financial disclosures in Mantra Chain dispute
13.8.2024
The court said the DAO’s financial details should be known to both sides as they hash out ownership and control issues
US Court of Appeals reboots HEX manipulation case against Binance.US
13.8.2024
A panel of three judges has partially reversed a class-action lawsuit that alleged Binance.US and CoinMarketCap manipulated the price of the HEX token
US Court of Appeals reboots HEX manipulation case against Binance.US
13.8.2024
A panel of three judges has partially reversed a class-action lawsuit that alleged Binance.US and CoinMarketCap manipulated the price of the HEX token
SEC charges Novatech, company founders, promoters with Fraud
12.8.2024
Novatech claimed funds were stolen via a cyberattack in May 2023 and reassured customers the company was working to recover the assets
SEC charges Novatech, company founders, promoters with fraud
12.8.2024
Novatech claimed funds were stolen via a cyberattack in May 2023 and reassured customers the company was working to recover the assets
Tether to Fight Celsius' $3.3 Billion 'Shakedown' Litigation
12.8.2024
Tether, the company behind USDT, the world's largest stablecoin by market cap, said it will defend itself from "shakedown" litigation brought by bankrupt crypto lender Celsius on Friday
Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP Case
12.8.2024
Ripple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He suggested that if the Biden-Harris administration is committed to resetting its stance on crypto,...
SEC Addresses Final Court Ruling in Ripple Case, Highlights Key Outcomes
11.8.2024
The U.S. Securities and Exchange Commission (SEC) has addressed District Judge Analisa Torres’ ruling in the Ripple case over XRP, emphasizing the substantial financial penalties imposed on the crypto firm and its ongoing securities law violations. While Ripple celebrated the 94% reduced...
SEC and Ideanomics settle in fraudulent $40M crypto revenue reporting
10.8.2024
The Ideanomics case exemplifies the potential consequences of misleading financial practices and reinforces the need for rigorous compliance with federal securities laws
Following Court Ruling, XRP Price Skyrockets as South Korea Leads the Charge
8.8.2024
On Aug. 8, following the imposition of a $125 million civil penalty on Ripple Labs by a district judge, the firm’s executives and community celebrated the outcome as a “victory.” This led to an uptick in XRP’s trading volume and price. In the 24 hours leading up to...
US Court Orders FTX and Alameda to Pay Fraud Victims $12.7 Billion in Historic CFTC Recovery
8.8.2024
A U.S. district court has ordered FTX and Alameda Research to pay $12.7 billion to fraud victims due to their misuse of customer funds and fraudulent practices. Ian McGinley, Director of the Commodity Futures Trading Commission’s Division of Enforcement, emphasized that this...
Do Kwon Extradition Paused Again by Montenegro Supreme Court
8.8.2024
The Supreme Court of Montenegro has suspended the extradition of Terraform Labs’ co-founder Do Kwon to South Korea.…
Montenegrin court delays Do Kwon’s extradition to South Korea
8.8.2024
The Terraform Labs co-founder has been in Montenegro since his arrest in 2023, potentially facing extradition to either his native South Korea or the United States