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Bank of Singapore Says Cryptocurrencies “Could Replace Gold as a Store of Value” but Unlikely to Displace Fiat Currencies
25.1.2021
A new research note released by the Bank of Singapore (BOS) suggests that cryptocurrencies are more likely to replace gold as a store of value. However, the note says it is unlikely that such digital currencies can replace fiat currencies even as their appeal grows. Inefficient Unit of Exchange...
Circle CEO joins appeal against US Treasury self-hosted crypto wallet ban
10.12.2020
The crypto industry and regulators need time to collaborate on better regulations
Galaxy Digital Makes Twin Acquisitions in Bid to Strengthen Institutional Appeal
14.11.2020
The cryptocurrency merchant bank has acquired a lending firm and a trading company as it seeks to become the "go to" platform for institutional access to digital assets, the firm said Friday
$1.1 Billion Crypto Ponzi: Masterminds of Wotoken Head to Prison in China
31.10.2020
A Chinese court has confirmed the sentencing of the masterminds behind the 7.7 billion yuan Chinese Ponzi scheme Wotoken, which had over 715,000 investors. Wotoken Scammers Sentenced to Prison The Intermediate People’s Court of Yancheng city, Jiangsu province, denied an appeal by four...
UK Court Overturns Ruling on $1 Billion Venezuelan Gold at Bank of England
6.10.2020
The UK Court of Appeal has overturned an earlier court ruling which denied Nicolas Maduro access to Venezuela’s gold worth about $1 billion kept at the Bank of England. The court did not recognize Maduro as the legitimate leader of Venezuela. Court Rules in Favor of Central Bank of Venezuela...
Craig Wright Must Face Trial Over Alleged $11B Bitcoin Fortune as Request for Summary Judgment Denied
21.9.2020
In a case involving the ownership of about 1.1 million bitcoin (worth over $11 billion), the federal court denied Wright’s request for a summary judgment on Monday
The Tell Tale Signs of a Scam Crypto Website: Bitcoin-Up.Live
13.9.2020
From late March 2020, when the global pandemic Covid-19 paralysed many economies, the appeal of cryptocurrencies has grown. Several statistics show increased interest from downloaded wallet apps to peer-to-peer traded volumes. In many ways, this interest in bitcoin and altcoins is evidence that...
Craig Wright Won't Need to Pay Hodlnaut $60K Until Appeal Is Over, Says Counsel
14.8.2020
Craig Wright will not pay legal costs for a suit against Hodlonaut until a Supreme Court appeal is decided
Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds
10.7.2020
The popular digital currency trading platform, Bitfinex must deal with the New York Office of the Attorney General (NYAG) over the alleged hiding of over $800 million in client and corporate funds. The NY state Supreme Court’s Appellate Division overruled an appeal on Thursday, after...
New York Court Rejects Bitfinex Appeal Over $850M in Lost Funds
10.7.2020
New York’s Supreme Court has rejected Bitfinex and Tether’s appeal in the ongoing dispute between the firms and the NY Attorney General over $850 million in lost funds
4th Amendment Does Not Protect Bitcoin Data, US Fifth Circuit Court Rules
5.7.2020
A Fifth Circuit panel of judges recently ruled that Fourth Amendment rights do not apply to cryptocurrency transaction data that stems from an exchange. The U.S. court ruled against the defendant, Richard Gratkowski, who attempted to leverage the Fourth Amendment in an appeal. According to...
Court Likens Coinbase to a ‘Traditional Bank’ in Child Porn Appeal Case
2.7.2020
A court has likened Coinbase to a “traditional bank” in rejecting an appeal from a convicted child porn purchaser who appealed using the Fourth Amendment
Japanese Court Upheld Former Mt Gox CEO’s Conviction for Manipulating Data
13.6.2020
A Japanese high court upheld the Tokyo-based lower court’s decision to reject the former Mt Gox CEO’s appeal. Mark Karpeles was arrested in 2015 and accused of “manipulating electronic data” and managed to duck embezzlement charges. The former boss of Mt Gox, Mark Karpeles...
Japan’s High Court Rejects Former Mt Gox CEO’s Conviction Appeal
12.6.2020
Mark Karpeles said he is reviewing the verdict with his legal team
UK Court Drops Craig Wright's Appeal Against Roger Ver
29.5.2020
Calling Wright a “fraud” is not a UK-related matter, the Court of Appeal of England and Wales rules
Telegram Quits Court Fight With SEC Over TON Blockchain Project
25.5.2020
Telegram has thrown in the towel in its court battle against the U.S. Securities and Exchange Commission (SEC) and will no longer be appealing the ban on its blockchain token project
Telegram Puts Final Nail in GRAM's Coffin After Withdrawing Appeal
25.5.2020
Telegram has dropped its appeal against a U.S. federal court’s injunction that forbade Gram distribution, putting a halt to the TON project
Gemini Clears New Deloitte Audit in Bid to Appeal to Wall Street
22.4.2020
Gemini’s exchange and custody services have cleared yet another systems design check
‘Overwhelming Evidence’ – Prosecutors File Motion to Dismiss Alleged Onecoin Lawyer’s Appeal
27.3.2020
While Onecoin’s crypto queen Ruja Ignatova remains at large, U.S. resident Mark Scott is trying to get his verdict acquitted after being accused of helping Onecoin leaders, including Ignatova, launder money and commit fraud. Also read: ‘What Bitcoin Did’ – Scanning...
Is Bitcoin a Safe Haven? 80% BTC Price Recovery Boosts Investor Appeal
26.3.2020
Compared to major market indexes and gold, Bitcoin saw the best returns last week, suggesting investors are feeling confident that the asset is a safe haven against volatility