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Supreme Court of India postpones the case on Cryptocurrency Ban till January 2020
9.8.2019
Crypto trades in India have been confronting a year-long fight, when a Reserve Bank of India circular, which took effect on July 2018, levied a ban on regulated financial foundations to service crypto-related organizations. Stakeholders from several industries filed writ petitions to challenge...
Indian Supreme Court Heard Crypto Case in Depth Today
8.8.2019
The Indian supreme court finally heard the crypto case today after postponing it several times. The court addressed the government’s crypto policy as well as the writ petitions challenging the banking restriction by the central bank. The latter was heard in some detail while the former...
New Liberty Dollar Founder Subpoenaed in the Billion-Dollar Bitcoin Lawsuit
7.8.2019
The ongoing Kleiman v. Wright case saw expert testimony on Monday from the plaintiff’s cryptography specialist, alongside the defendant Craig Wright’s witness, Nchain CTO Steve Shadders. The court participants discussed parsing through 27,000 bitcoin addresses as well...
UK Judge Strikes Out Craig Wright’s Libel Lawsuit Against Roger Ver
1.8.2019
According to documents from the U.K.’s High Court of Justice published on July 31, a judge has denied Craig Wright’s libel lawsuit against Roger Ver. Wright filed the charge against Ver when the early bitcoin investor told the public he believed Wright was a “liar and...
LEO Best-Performing Coin as Court Extends Bitfinex Ruling
30.7.2019
Following news that a New York judge on Monday extended the injunction in the case between the New York Attorney General and Bitfinex, the cryptocurrency exchange’s own token stood out as a winner among a losing pack of cryptocurrencies.
At pixel time (09:23 UTC), UNUS SED LEO is one of a...
Calls Intensify for Indian Government to Regulate Cryptocurrency
29.7.2019
Since the Indian government unveiled a draft bill to ban cryptocurrency, the crypto community has ramped up its efforts to influence the government’s final decision. The community has plans to reach out to parliament members to show them how flawed the crypto recommendations the government...
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...
Indian Supreme Court Sets New Date to Hear Crypto Case
24.7.2019
The Indian supreme court has set a new date to hear the crypto case that was originally scheduled to be heard on July 23. The court is expected to address the writ petitions against the RBI banking restriction as well as the government’s report and the recently released draft crypto bill....
Indian Government Unveils Draft Crypto Bill Ahead of Supreme Court Hearing
23.7.2019
The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. The report...
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
Indian Government Breaks Silence on Crypto Regulation
19.7.2019
The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the upper house of the Parliament of India. The government also confirmed that the report with the recommended crypto regulation...
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...
Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels
18.7.2019
The recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner,...
Sexual Misconduct Allegations Emerge Against Bitcoin Coder Peter Todd
17.7.2019
New court filings have accused former Bitcoin Core contributor Peter Todd of sexual misconduct
Expert Witness in Satoshi Case Claims Dr Wright’s Documents Were Doctored
11.7.2019
The Kleiman v. Wright case continues this week and a slew of new evidence has been submitted to the Southern District of Florida courthouse. A supplemental affidavit stemming from the Kleiman estate’s expert witness, Dr. Matthew Edman, indicates that documents submitted to the court...
Money Laundering Scandals Bring Court Charges and Record Job Cuts to Euro Banks
9.7.2019
The international financial establishment is known to express concern about the risks of money laundering when the crypto space is mentioned. A string of scandals indicates, however, that traditional banks are not only susceptible to the phenomenon but sometimes complicit, whether knowingly...
Experts Dissect Craig Wright’s ‘Satoshi’ Testimony and Court Documents
8.7.2019
Last week, Craig Wright, the man who claims he’s Satoshi Nakamoto, appeared in court and testified why he did not have access to his public bitcoin addresses and trust information. Since then a lot of new evidence has been submitted to the court and members of the crypto community have...
Avoid State Taxes on Crypto With US Supreme Court’s Recent Trust Decision?
6.7.2019
Some investors put crypto in a trust that holds crypto assets. What are the specifics? A Tax lawyer comments
Craig Wright Uses Falsified Docs to Prove Innocence in Kleiman Case
4.7.2019
Self-proclaimed Bitcoin creator Craig Wright has allegedly fabricated court documents in an attempt to prove a deed of trust with Kleiman