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Indian Court Rules Wazirx Operator Responsible for Safeguarding Frozen Assets


India’s crypto landscape just took a decisive turn as a landmark Bombay High Court ruling cemented crypto exchanges’ fiduciary responsibilities and strengthened protections for digital asset investors. Bombay High Court Ruling Reinforces Fiduciary Duties for Crypto Exchanges The Bombay High Court...

Court Rules BAYC NFTs Are Not Securities


A U.S. federal judge in the Central District of California dismissed a 2022 class-action suit, finding that Yuga Labs’ Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs) do not meet the Howey test for securities. The ruling concluded plaintiffs failed to show a common enterprise or a reasonable...

Supreme Court Sides With Fed Governor Lisa Cook, For Now


U.S. President Donald Trump recently took the case to the Supreme Court after a district judge found no just cause for him to fire the governor. Fed’s Lisa Cook Survives Legal Challenge as Supreme Court Rebuffs Trump Federal Reserve Governor Lisa Cook notched another small win on Wednesday after...

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