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Nalezeno "Is it legal?": 2514

Estate and Legacy Planning for Crypto Assets


Legacy and estate planning is crucial for cryptocurrency holders because, unlike traditional assets, cryptocurrencies are not regulated by centralized authorities, making it difficult for heirs to access them after the owner's death. Proper planning can ensure that digital assets are successfully...

Jailed French Crypto ‘Fraudster’ Loses Appeal in Morocco


A French crypto “fraudster” has had his jail sentence upheld in Morocco – after a court found him guilty of using Bitcoin (BTC) to buy luxury goods. Per the French media outlet BFMTV, the man’s name is Thomas Clausi (21). Clausi, a native of Moselle in eastern France, was originally jailed...

Crypto Exchange Coinbase Faces Legal Action Over Biometric Data Collection


The Nasdaq-listed cryptocurrency exchange Coinbase has been accused of “wrongfully” profiting from its users’ facial and fingerprint scans. “Coinbase collects, stores, possesses, otherwise obtains, uses, and disseminates its users’ biometric data to, amongst other things, further enhance...

Legal Twist Let South Korean Treasury Make $3.7m from Seized Crypto


A legal twist allowed the South Korean Treasury to make a large profit on crypto seized by law enforcers in 2018 – and liquidated while Bitcoin (BTC) was trading for just under $40,000. Recently published legal documentation shows that the Busan District Prosecutor’s Office seized coins “worth...

Today in Crypto: Poloniex to Pay $7.6M in Settlement with US Authority, Complaint Alleges Coinbase Violated Illinois' Biometric Information Privacy Act, 3AC-founders’ OPNX Reprimanded by Dubai Regulator


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Poloniex to Pay $7.6M in Settlement with US Authority, Complaint Alleges Coinbase Violated Illinois'...

Generative AI: Legal Challenges and Opportunities in the Crypto World


Artificial Intelligence has been very much in the news lately, and it seems that every day we hear about new amazing things that can be done with this technology. Yet with great power come great challenges. There are currently legal questions regarding A.I. content, that once sorted out, will open...

FTX Boss Ryan Salame’s Maryland Home Searched by FBI in Unexplained Raid


According to unnamed sources, the home of Ryan Salame, the former co-chief executive of FTX Digital Markets, was searched by the U.S. Federal Bureau of Investigation (FBI) on Thursday. The grounds for the raid remain unknown, and neither Salame nor his legal representative have offered...

Coinbase Issues Warning to SEC: Prepared to Fight Back If Sued


Major crypto exchange Coinbase continues its pushback against the US securities regulator, telling the agency that it would be a "well-resourced adversary" if sued. Coinbase responded to a notice sent last month by the US Securities and Exchange Commission (SEC), which suggested that the agency...

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