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Nalezeno "Case": 2344

Hong Kong High Court Rules Against Huobi Global in Trademark Infringement Lawsuit

11.12.2023
Source: Adobe/piter2121 The High Court of the Hong Kong Special Administrative Region has ruled in favor of X-SPOT GLOBAL LIMITED in a trademark infringement case against Huobi Global Limited. The court issued an interim injunction, prohibiting Huobi Global Limited from using...

Binance Founder CZ Remanded to Remain in Continental US, Travel to UAE Prohibited

8.12.2023
Changpeng Zhao, better known as CZ, the founder of Binance, has recently grappled with significant legal hurdles in the U.S. His guilty plea in a notable case led a Seattle federal judge to impose movement restrictions on him. Former Binance Boss CZ Restricted to U.S. Soil As the pivotal figure...

JPMorgan CEO Jamie Dimon Says He’d Close Crypto Down if He Were the Government

8.12.2023
JPMorgan Chase CEO Jamie Dimon told U.S. senators in a congressional hearing that he would close down crypto if he were the government. Emphasizing that he has always been “deeply opposed” to crypto and bitcoin, the executive stressed that the true use case of crypto is criminals, drug...

Craig Wright's Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case, English Court Rules

7.12.2023
The hearing, scheduled to take 15 days, will also seek to determine whether the hack occurred

JPMorgan’s Jamie Dimon Urges Government to Shut Down Bitcoin

7.12.2023
Source: a video screenshot During a Senate Banking Committee hearing on Capitol Hill, JPMorgan Chase CEO Jamie Dimon expressed his strong opposition to cryptocurrencies, specifically Bitcoin (BTC). Dimon’s remarks came in response to questioning from Senator Elizabeth Warren, where...

Judge Greenlights Plea Deal in High-Profile Binance Case; CZ Faces Sentencing in 2024

7.12.2023
A U.S. federal judge has endorsed the plea deal agreed upon between the U.S. government and Changpeng Zhao, the founder of Binance, widely known as “CZ.” Judge Richard Jones approved the plea in a recent court document, setting the sentencing for February 2024. U.S. Federal Judge Confirms...

Former Binance CEO CZ’s Guilty Plea Accepted by US Judge

7.12.2023
Source: DALL·E Changpeng Zhao, former CEO of Binance known as CZ, had his guilty plea accepted by a U.S. judge in a case involving anti-money laundering (AML) regulations. According to a recent court filing in the U.S. District Court for the Western District of Washington in Seattle, Judge Richard...

JPMorgan Chase CEO Jamie Dimon on Crypto: “If I was the government, I’d close it down”

6.12.2023
  JPMorgan Chase CEO Jamie Dimon delivered scathing remarks about the crypto industry during testimony at a Senate Banking Hearing Wednesday. Dimon “deeply opposed” to crypto “I’ve always been deeply opposed to crypto, Bitcoin, etc.,” Dimon said while fielding questions from Senator Elizabeth...

SEC Makes ‘Materially False and Misleading’ Representations Against Crypto Firm — Judge Threatens Sanctions

6.12.2023
The United States District Court for the District of Utah has expressed concerns that the U.S. Securities and Exchange Commission (SEC) is making “materially false and misleading representations” in its lawsuit against a crypto firm. The court has ordered the securities regulator...

Ripple CTO David Schwartz Accuses SEC of Mishandling Debt Box Case

5.12.2023
Source: YouTube/UNCHAIN Convention Ripple’s Chief Technology Officer (CTO), David Schwartz, recently criticized the US Securities and Exchange Commission (SEC) via his official X (formerly Twitter) handle, alleging questionable illegal activities in the Debt Box case. I've just read over...

SEC Pushes for Judge to Classify Crypto as Securities in Terraform Labs Case, Bypassing Jury

5.12.2023
The SEC pushes for a judge to determine if crypto assets qualify as securities in its court case against Terraform Labs. Image by dennizn, Adobe Stock. The Securities and Exchange Commission (SEC) urged a judge on Monday to decide whether certain cryptocurrencies qualify as securities in...

Minnesota Power Co-op Accuses Couple of Major Electricity Theft for Bitcoin Farm Operation

5.12.2023
In a case that intertwines crypto mining and utility theft, a Minnesota power company, North Star Electric Cooperative, has accused a former couple, Ryan Jaenicke and Tina Fehlhaber, of stealing vast amounts of electricity. The alleged scheme, detailed in a 19-page civil suit filed in Roseau County...

Jeremy Allaire's Stablecoin Is Building a Real Use Case for Crypto

4.12.2023
Circle Internet Financial continued to build out the USDC stablecoin network, spreading access and inclusion to new corners of the world

This Supreme Court Case and IRS Broker Rule Together Could Redefine Crypto Taxation

4.12.2023
Source: DALL·E A critical Supreme Court case and its ruling could redefine the taxation of digital assets. Intersecting with the vexed IRS broker rule announced earlier, this case may potentially reshape crypto tax reporting and compliance on a fundamental level. The case in question, Moore...

Platypus Exploiters Acquitted of Wrongdoing in Landmark Case

4.12.2023
Mohammed and Benamar M., two brothers accused of exploiting Platypus, an avalanche-based automated market maker (AMM) platform, were acquitted of any criminal wrongdoing in a landmark case for French justice. The judge in charge stated that the individuals just interacted with a smart contract that...

SEC Lawyers Warned by Judge for ‘Misleading’ Request in Crypto Case

3.12.2023
Source: AdobeStock / Andriy Blokhin A federal judge has warned attorneys from the Securities and Exchange Commission (SEC) regarding their “false and misleading” arguments in a court filing. The attorneys are accused of persuading the court to freeze the assets of a cryptocurrency firm...