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Court ruling dismantles would-be Bitcoin creator Craig Wright’s false claims
23.5.2024
Following a protracted legal battle, a U.K. court has methodically broken down Craig Wright’s mountain of fabricated evidence and assertions regarding his true identity
Nigerian prison fails to bring Binance exec to court
23.5.2024
Prosecution counsel Moses Idehu requested a brief stand-down of the case, seeking to temporarily adjourn the matter later to resolve the issue
Florida Court Grants Relief to Binance.US, Suspension Overturned
23.5.2024
A state appeals court ruled Wednesday that Florida regulators acted improperly when they blocked Binance from operating in the state. The decision effectively means Binance can now resume operations there.
The post Florida Court Grants Relief to Binance.US, Suspension Overturned appeared first...
Binance.US wins appeal to reinstate Florida money services license
22.5.2024
Just because you can do something doesn’t mean you should, a state appeal court told the Florida Office of Financial Regulation
Apple disputes monopoly claims, cites 'fierce competition' in court
22.5.2024
Apple’s letter to a federal judge previewed its slated dismissal motion to a U.S. antitrust suit, with the firm claiming prosecutors didn’t define where it has a monopoly
SEC’s Regulatory Overreach Challenged in Court: Motion Filed to Vacate ‘Dealer’ Rule
22.5.2024
Crypto Freedom Alliance of Texas and Blockchain Association filed a motion on May 17 to vacate the U.S. Securities and Exchange Commission (SEC)’s new Dealer Rule. The plaintiffs’ counsel argues that the SEC’s expanded definition of “dealer” exceeds its statutory...
Freedom of speech isn’t a ‘trump card’ for Tornado Cash developers
21.5.2024
Does code as freedom of speech mean that developers aren’t responsible for how their creations are used?
NYAG Takes Victory Lap as Court Approves Genesis Settlement
21.5.2024
NYAG says the settlement will establish a fund for New Yorkers who invested more than $1.1 billion in Genesis through the Gemini Earn program and blocks Genesis from operating in the state
Craig Wright Lied To Court: UK Judge Reveals
20.5.2024
An Australian computer scientist named Craig Wright, who has frequently claimed to be the anonymous creator of Bitcoin, Satoshi Nakamoto, was found not guilty by a UK High Court judge on May 20.
The post Craig Wright Lied To Court: UK Judge Reveals appeared first on Cryptonews
Judge Rules Craig Wright Lied ‘Extensively,’ Committed Forgery in Bid to Claim Satoshi Identity
20.5.2024
On May 20, 2024, a ruling was delivered by Justice James Mellor in the COPA vs. Craig Wright case. Mellor determined that Wright lied “extensively and repeatedly” in his efforts to prove he was Satoshi Nakamoto. Mellor emphasized that Wright’s evidence was “at best...
Craig Wright Lied to UK Court 'Extensively and Repeatedly,' Judge Writes
20.5.2024
Judge James Mellor released his written judgement on the Crypto Open Patent Alliance vs Craig Wright case on Monday
Russian Court Jails Finiko Crypto Scam Exec for Three Years
20.5.2024
A Russian court has sent a Finiko executive to prison for three years, after finding her guilty of helping to mastermind the biggest crypto scam in “post-Soviet history.”
The post Russian Court Jails Finiko Crypto Scam Exec for Three Years appeared first on Cryptonews
Tornado Cash verdict has chilling implications for crypto industry
19.5.2024
The conviction of Tornado Cash developer Alexey Pertsev reinforces a very broad interpretation of criminal liability, which has major repercussions for blockchain
UK Shuts Down Crypto Advisory Firm for Misleading Investors and Poor Financial Records
19.5.2024
The UK government announced this week that the Insolvency Service has secured a winding-up order against cryptocurrency advisory firm Amey Finance Academy Ltd at the High Court. The company, created by Desmond Amey in 2018, claimed to offer investment advice and financial education. However...
Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers
18.5.2024
Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 plan, overruling an objection from its equity owner, Digital Currency Group...
Nigerian Court Rules Tigran Gambaryan Can Face Tax Evasion Charges on Behalf of Binance
18.5.2024
The Binance executive, Tigran Gambaryan, who is currently in jail, has been deemed eligible by a Nigerian court to represent the cryptocurrency exchange in its ongoing tax evasion trial. A spokesperson for Binance stated that the charges against Gambaryan are entirely without merit, and he should...
Nigerian Court Rules Tigran Gambaryan Can Face Tax Evasion Charges on Behalf of Binance
18.5.2024
The Binance executive, Tigran Gambaryan, who is currently in jail, has been deemed eligible by a Nigerian court to represent the cryptocurrency exchange in its ongoing tax evasion trial. A spokesperson for Binance stated that the charges against Gambaryan are entirely without merit, and he should...
Genesis Global secures court approval for $3B payout
18.5.2024
According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake
Changpeng Zhao teases writing project ahead of reporting to prison
18.5.2024
On April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date at his hearing
Former Alameda Research CEO Sam Trabucco Defends FTX Exec Ryan Salame Ahead Of Sentencing
17.5.2024
Sam Trabucco, the once co-CEO of Alameda Research, has spoken out in support of FTX executive, Ryan Salame, ahead of his sentencing on May 28, an updated court filing reveals. Salame has largely kept out of the spotlight since FTX's collapse and is facing a maximum of 10 years in prison for...