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FTX investors end lawsuit targeting Sullivan & Cromwell
10.10.2024
The Moskowitz Law Firm, the lead plaintiffs’ counsel, said that it had dismissed Sullivan & Cromwell voluntarily and that no settlement was associated with the dismissal.
OpenAI accuses Elon Musk of harassment in legal filing
9.10.2024
The artificial intelligence firm is seeking a dismissal of Musk’s lawsuit
Influencer Suggests SEC & Ripple Might Settle Legal Battle Soon
9.10.2024
Social Media Crypto Influencer Amonyx recently shared a rumor on his X (formerly known as Twitter) account, suggesting…
86-year-old to pay $14M after admitting to running crypto Ponzi scheme
9.10.2024
Prosecutors only sought a five-year probation sentence for crypto schemer David Kagel because of his age and ailing health
Canary Capital Files for XRP ETF Amid Ripple’s Legal Battle
9.10.2024
The legal drama between Ripple and SEC is yet to climax, despite which Canary Capital is making waves…
Latam Insights Encore: Bukele Might Orange-Pill Milei on Bitcoin
8.10.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine President Nayib Bukele’s official visit to Argentina, and how this might translate to bitcoin being more prominently incorporated...
Pavel Durov and partner reveal miscarriage following arrest
6.10.2024
Telegram founder Pavel Durov's arrest has sparked widespread condemnation of the French government for promoting censorship policies
DC Circuit Court Rules Kalshi’s US Election Bets Legal
5.10.2024
This week, the U.S. Court of Appeals for the District of Columbia Circuit has ruled in favor of the predictions market Kalshi, allowing the commodities exchange to offer event contracts based on the outcome of U.S. congressional elections. Circuit Judge Millett’s opinion supports the legality...
XRP price falls 15% in 3 days — Will Ripple’s legal setback mark the bottom?
5.10.2024
XRP could see a 4,000% rally in the next bull market cycle, according to a fractal pattern reminiscent of its 2017 price surge
DOJ Charges 21-Year-Old in $37M Cyber Intrusion and Crypto Heist
4.10.2024
A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts...
SEC Appeals Ripple Case, Citing Errors in Final Judgment
3.10.2024
The U.S. Securities and Exchange Commission (SEC) has filed a formal notice of appeal against Ripple Labs in the U.S. Court of Appeals for the Second Circuit. The appeal follows a district court’s ruling in August, which the SEC argues contained significant legal errors. SEC Challenges...
Crypto lawyers on Telegram CEO Pavel Durov’s ‘crimes’ — Is it legal?
2.10.2024
Was it right to arrest Telegram founder Pavel Durov? Or is it like arresting a telco CEO because criminals discussed crime on a phone call?
Swan Bitcoin Alleges Ex-Employees Conspired to Steal Mining Business
27.9.2024
A newly filed lawsuit claims that Swan Bitcoin, a financial services company focused on bitcoin, is accusing former employees of trying to hijack its “billion-dollar bitcoin mining business.” According to the suit, Swan’s subsidiary Electric Solidus alleges that Proton...
OpenAI’s move to for-profit: Is it indeed ‘illegal’?
27.9.2024
OpenAI’s potential transformation into a for-profit corporation is not impossible, but it will likely not be an easy process
NY Judge Denies Tornado Cash Developer’s Motion to Dismiss, Trial Set for December
27.9.2024
Roman Storm, a software developer of Tornado Cash, is headed to trial after a New York judge ruled against his motion to dismiss criminal charges. District Judge Katherine Polk Failla rejected Storm’s request to drop charges tied to money laundering and sanctions violations. Russian...
Catching Up on the WordPress ???? WP Engine Sitch
26.9.2024
Many of you — perhaps most of you — have been sitting on the sidelines while WordPress and WP Engine trade legal attacks on one another. It’s been widely covered as we watch it unfold in the open; ironically, in …
Catching Up on the WordPress 🚫 WP Engine Sitch originally...
Sony And Shift Up Sued Over Stellar Blade Name Rights
24.9.2024
A small film production company you’ve never heard of called Stellarblade is suing Sony and Shift Up over the use of Stellar Blade in this year’s hit action-adventure.Read more
Court questions SEC’s ‘vacuous’ denial of Coinbase rulemaking petition
24.9.2024
In 2022, Coinbase asked the SEC to propose and adopt rules to govern crypto, including clarification on which crypto assets are securities
Coinbase chief legal officer responds to cbBTC service terms fears
22.9.2024
Coinbase's cbBTC is backed at a 1:1 ratio with Bitcoin, which serves as the underlying asset for the tokenized BTC wrapper
Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy
19.9.2024
Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center of a scandal that left cryptocurrency investors facing significant losses after the Terra ecosystem...