Search
Coinbase Made an Arbitration Case to the U.S. Supreme Court – Again
28.2.2024
Crypto exchange Coinbase again led a legal charge on the ins and outs of arbitration in the U.S. Supreme Court on Wednesday. The latest case isn't about digital assets, directly, but it may be important for every modern consumer who buys, registers or contracts for a product or service – and...
Senator Elizabeth Warren Advocates for a “Level Playing Field” and Regulations in Crypto and AI
28.2.2024
United States Senator Elizabeth Warren has emphasized the need for a legal "level playing field" in the cryptocurrency industry and has called for restrictions on major tech companies' development of artificial intelligence (AI) models.
The post Senator Elizabeth Warren Advocates for...
Legal Woes of Former Binance CEO Spotlight Trust Issues in the Crypto Industry
27.2.2024
On February 25, renowned crypto attorney Steven Nerayoff has expressed concerns that the legal challenges faced by former Binance CEO and founder Changpeng Zhao could cast a shadow over the crypto industry.
The post Legal Woes of Former Binance CEO Spotlight Trust Issues in the Crypto Industry...
Is Crypto a Security? South Korean Courts Can’t Decide – and It’s Causing Legal Backlogs
26.2.2024
“Is crypto a security?”– South Korean courts cannot seem to decide on the answer, and a new report claims the conundrum is causing a legal backlog.
The post Is Crypto a Security? South Korean Courts Can’t Decide – and It’s Causing Legal Backlogs appeared first on Cryptonews
Bitcoin Price Prediction: Legal Victory & Regulatory Clarity Push; Next Target $55,000?
25.2.2024
Bitcoin's resilience shines as it eyes $55,000 amidst legal victories and calls for regulatory clarity—setting a cautiously optimistic outlook.
The post Bitcoin Price Prediction: Legal Victory & Regulatory Clarity Push; Next Target $55,000? appeared first on Cryptonews
Legal Action Forces US Energy Department to Suspend Crypto Mining Investigation
24.2.2024
Following legal action initiated by Riot Platforms and the Texas Blockchain Council against the U.S. Department of Energy (DOE), the department’s statistical branch, the Energy Information Administration (EIA), has put a temporary hold on its bitcoin mining survey and quarantined the data...
Lejilex and Crypto Freedom Alliance of Texas Sue SEC for Unlawfully Targeting the Digital Asset Industry
24.2.2024
Lejilex and the Crypto Freedom Alliance of Texas, a crypto nonprofit, have teamed up to introduce a complaint against the actions of the SEC towards actors in the digital asset industry in America. The complaint alleges that the SEC has no regulatory powers over these crypto companies, having...
Coinbase on Grayscale Ethereum Spot ETF Application: “ETH Is a Commodity, Not a Security”
24.2.2024
Coinbase has answered the SEC request for comments on the proposed rule change to list the ETH Grayscale Fund as a spot ETF. Coinbase stated that ether was a commodity, and its status has been publicly recognized in a variety of circumstances by U.S. agencies and courts. Coinbase Supports Ethereum...
Satoshi Correspondence Revealed by Witnesses in Legal Clash Against Craig Wright
22.2.2024
In the unfolding lawsuit between the Crypto Open Patent Alliance (COPA) and Craig Wright, three key witnesses who had early interactions with Bitcoin’s creator, Satoshi Nakamoto, provided their testimonies. Among them were early Bitcoin developers Martti Malmi and Mike Hearn, as well as Adam...
UK Law Commission Seeks To Classify Cryptocurrencies As “Property” In New Draft Bill
22.2.2024
A proposed UK law would officially define cryptocurrencies as a distinct form of property. This move seeks to create greater legal certainty, bolstering protections for holders of digital assets. The Law Commission of England has launched a consultation exercise on the bill, drawing from recent...
Craig Wright Releases 164,000 Pages of Evidence in COPA Trial
22.2.2024
On February 20, self-proclaimed Bitcoin creator Craig Wright submitted 164,000 pages of fresh evidence in his legal battle against the Crypto Open Patent Alliance (COPA). The ongoing trial has sparked increased scrutiny over Wright's claim that he created Bitcoin.
The post Craig Wright Releases...
Sam Bankman-Fried Stands by Legal Team Amidst Conflict of Interest Concerns
22.2.2024
Disgraced former FTX CEO Sam Bankman-Fried (SBF) on Wednesday confirmed plans to stick with his new lawyers Marc Mukasey and Torrey Young, who are also representing Celsius CEO Alex Mashinsky, according to a report by Reuters. In a hearing, U.S. Southern District Judge Lewis Kaplan asked...
DCG Objects Settlement Between NY Attorney and Failed Genesis
22.2.2024
DCG contended that Genesis did not follow proper legal processes and the agreement falsely diverted funds to preferred creditors.
The post DCG Objects Settlement Between NY Attorney and Failed Genesis appeared first on Cryptonews
Report: Bankman-Fried Stands by Legal Team Amid Potential Conflict of Interest
22.2.2024
Sources report that Sam Bankman-Fried (SBF), the erstwhile crypto magnate and former head of FTX, intends to utilize his newly appointed legal team, despite these attorneys also serving Alex Mashinsky, the former chief of Celsius. On Wednesday, in a courtroom declaration, SBF confirmed his complete...
Sam Bankman-Fried Ditches Legal Team, Moves Forward with Ex Celsius CEO’s Lawyers
21.2.2024
Disgraced former FTX founder Sam Bankman-Fried appeared in a Manhattan federal court on Wednesday afternoon with a new legal team that also represents former Celsius CEO Alex Mashinsky.
The post Sam Bankman-Fried Ditches Legal Team, Moves Forward with Ex Celsius CEO’s Lawyers appeared...
Head of SEC’s Crypto Legal Team Exits for Private Firm
21.2.2024
A press release published on February 21 by White & Case announced that Ladan Stewart had joined the firm as a partner in its white-collar defense group.
The post Head of SEC’s Crypto Legal Team Exits for Private Firm appeared first on Cryptonews
Do Kwon’s Fate Sealed — Montenegro High Court Opts for US Extradition in Legal Tug-of-War
21.2.2024
In a landmark decision, the High Court in Podgorica has ruled that the former Terraform Labs CEO, Do Kwon, will be extradited to the United States, sidelining South Korea’s request for his extradition. The court’s ruling comes after extensive deliberations on the legal and political...
Former Celsius CEO Mashinsky Waives Conflict of Interest, Proceeds with SBF Lawyers
21.2.2024
Former Celsius Network’s CEO Alex Mashinsky has waived his right to potential conflicts of interest that may arise from choosing similar legal representation as Sam Bankman-Fried.
The post Former Celsius CEO Mashinsky Waives Conflict of Interest, Proceeds with SBF Lawyers appeared first...
US Judge Urged to Approve Binance’s $4.3 Billion Plea Deal
21.2.2024
A U.S. Federal Judge has been urged to accept a plea deal from U.S. authorities with the cryptocurrency exchange, Binance. Prosecutors, in a memorandum, have asserted that the agreed-upon sanctions are commensurate with the extent of Binance’s deliberate law violations. Binance’s Alleged...
COPA Trial: Craig Wright Became ‘Very Annoying’ But Was ‘Probably’ Bitcoin’s Creator
20.2.2024
In the ongoing legal battle between the Crypto Open Patent Alliance (COPA) and self-proclaimed Bitcoin creator Craig Wright, intriguing revelations have emerged, suggesting that Wright could be the mysterious Satoshi Nakamoto.
The post COPA Trial: Craig Wright Became ‘Very Annoying’ But...