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Matter Labs CEO Alex Gluchowski Proposes Ethereum Hierarchical Court System for Enhanced Network Security
4.9.2023
In a recent X thread, Matter Labs co-founder and CEO Alex Gluchowski ignited a debate within the Ethereum community by proposing the creation of an "Ethereum Supreme Court" to address the ongoing challenges surrounding smart contract implementation risks in the decentralized finance (DeFi)...
SBF releases memorandum asking court to block prosecutor filings
4.9.2023
Sam Bankman-Fried files a memorandum asking the court to deny recent requests filed by the Department of Justice calling them “unworkable.”
Larry David’s Superbowl Ad Casts Doubt on FTX.US Separation, DOJ Says
4.9.2023
Sam Bankman-Fried says the FTX exchange’s bankruptcy isn’t relevant to the October fraud trial
Samuel Trabucco’s Multi-Million Dollar Yacht Spotlighted in FTX’s Financial Records
4.9.2023
The FTX debtors filed a bankruptcy court document detailing lavish cash transfers and purchases by former CEO Sam Bankman-Fried and other company insiders. The section titled “Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy” shows that Bankman-Fried reportedly...
Court rules in favor of HelbizCoin investors, class lawsuit to go ahead
4.9.2023
A U.S. District Court has upheld claims by HBZ investors that the company acted fraudulently and also asserted that its token violated securities laws
Matter Labs co-founder proposes 'Ethereum Supreme Court' for on-chain disputes
4.9.2023
The crypto entrepreneur believes it would scare off bad actors and strengthen the state of the Ethereum network
Gala Games founders biff over $130M theft, corporate waste allegations
4.9.2023
Gala co-founder Eric Schiermeyer allegedly enriched himself, says his founding peer Wright Thurston, while Schiermeyer says Thurston stole millions
Tornado Cash Founders Accused, Court Rules in Favor of Grayscale Against SEC, and More — Bitcoin.com News Week in Review
3.9.2023
The U.S. government has charged the founders of crypto mixing and privacy tool Tornado Cash with money laundering, calling them “criminals.” In other news, the U.S. Court of Appeals for the District of Columbia has ruled in favor of crypto asset manager Grayscale against the United...
FTX court filing reveals former Alameda CEO's $2.5M yacht purchase
3.9.2023
The payment to the American Yacht Group was disclosed under the category of payments benefiting any insider within one year prior to the crypto exchange collapse
Ripple Files Opposition to SEC’s Motion to Certify Interlocutory Appeal of XRP Ruling
3.9.2023
Ripple Labs has filed its opposition to the U.S. Securities and Exchange Commission’s request for Judge Analisa Torres to certify an interlocutory appeal of her ruling regarding XRP. The crypto firm has argued that “the exceptional circumstances required for interlocutory appeal...
DC Circuit Court of Appeals Chastises SEC for Grayscale Denial
2.9.2023
On Tuesday, August 29, 2023, The U.S. Court of Appeals, District of Columbia Circuit (Court) unanimously granted Grayscale’s petition for review of the Securities Exchange Commission’s (SEC) denial of Grayscale’s Bitcoin Exchange Traded Product (Grayscale ETP) and vacated the SEC denial order....
Ripple legal team opposes SEC appeal over XRP decision
1.9.2023
Lawyers argued the SEC’s grounds for an appeal was based on “dissatisfaction” with a July court decision that the XRP token did not largely qualify as a security
China Court Classifies Digital Assets As Property Despite Blanket Ban By Government
1.9.2023
A People’s Court in China has stated that under the existing legal framework, digital assets have economic value and are still legal property backed by law.
In a recently published report cited by local media analyzing the legality of cryptocurrencies, the court highlighting the criminal...
China court declares virtual assets as legal properties protected by law: Report
1.9.2023
Despite a blanket ban on cryptocurrencies imposed by Beijing in 2021, many Chinese courts over the years have established that virtual asset holders have property rights
FTX founder’s expert witnesses would cost up to $1.2K an hour
1.9.2023
Sam Bankman-Fried’s potential expert witnesses could charge more than the U.S. prosecution witnesses, according to court filings
Court Ruling in Favor of Grayscale Clears Path for Bitcoin Innovation in US: Vivek Ramaswamy
1.9.2023
Grayscale’s court win over the U.S. securities regulator will help keep crypto innovation in America, Republican presidential hopeful Vivek Ramaswamy is convinced. While praising the “strong decision,” Ramaswamy also commented that the case should have never reached the courts. Federal Courts...
U.S. Court Calls ETH a Commodity While Tossing Investor Suit Against Uniswap
31.8.2023
A New York judge declined to "stretch the federal securities laws to cover the conduct alleged" in a proposed class action complaint seeking to hold Uniswap accountable for "scam tokens" issued on the protocol
Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts
31.8.2023
Bloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the SEC
Bloomberg Analysts Boost Spot Bitcoin ETF Approval Odds After Grayscale’s Court Victory
31.8.2023
In early August 2023, Bloomberg ETF specialists Eric Balchunas and James Seyffart estimated a 65% probability for the approval of a spot bitcoin ETF. However, as August draws to its conclusion, and in light of a U.S. court siding with Grayscale over a legal tussle against the U.S. Securities...
Bitcoin Slips to $27.2K, Cryptos Dip as Investors Digest Grayscale’s Court Win
30.8.2023
Some signs suggest potential market weakness despite Tuesday’s rally, market observers noted