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China Urged to Establish Unified Crypto Regulations for Seized Digital Assets
5.9.2024
A law professor at the East China University of Political Science and Law has highlighted the urgent need for China to standardize procedures for recovering illicit digital assets due to a rise in cryptocurrency-related crimes. He stressed the lack of uniform standards complicates asset recovery...
Court Upholds $1,000 Cap on Daily Crypto ATM Withdrawals in California
5.9.2024
A California Superior Court has upheld the Digital Financial Assets Law, which includes a $1,000 daily withdrawal limit for cryptocurrency ATMs. The law also requires crypto ATM operators to obtain licenses and comply with fee limits and new disclosures. California Court Upholds Bitcoin...
Brazil’s X ban: Are VPN users at risk for accessing the platform?
4.9.2024
VPN providers agree that tracking individuals accessing X via VPNs in Brazil would be challenging but not impossible
Brazil’s X ban: Are VPN users at risk for accessing the platform?
4.9.2024
VPN providers agree that tracking individuals accessing X via VPNs in Brazil would be challenging but not impossible
Scottish Court Sets Precedent With Crypto-to-Cash Confiscation
4.9.2024
Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his BTC holdings were linked to criminal activity. The case initially proposed a settlement entirely...
Penpie Offers Bounty to Hackers, ‘No Legal Actions if Funds Returned’
4.9.2024
SubDAO Penpie is ready to negotiate a bounty to hackers and has released a message saying that no…
UN Raises Human Rights Concerns in Telegram Founder Pavel Durov’s Case
3.9.2024
The United Nations has expressed serious concerns about the arrest and charges against Pavel Durov, founder of Telegram, citing potential human rights issues. A U.N. spokeswoman called for adherence to international human rights standards, emphasizing the need for legality and proportionality...
Coinbase CLO says he’s ‘encouraged’ by Harris campaign reaching out
3.9.2024
With 63 days until the US election and early voting starting in September, single-issue crypto voters have a limited window to decide between Kamala Harris and Donald Trump
Coinbase CLO says he’s ‘encouraged’ by Harris campaign reaching out
3.9.2024
With 63 days until the US election and early voting starting in September, single-issue crypto voters have a limited window to decide between Kamala Harris and Donald Trump
Terraform wallet moves $62M BTC as Do Kwon remains in legal limbo
3.9.2024
Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 Bitcoin
Terraform wallet moves $62M BTC as Do Kwon remains in legal limbo
3.9.2024
Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 BTC
Ripple lawyer slams SEC use of 'crypto asset security'
3.9.2024
Ripple's chief legal officer Stuart Alderoty says the term is “fabricated” with no legal basis.
Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’
3.9.2024
Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal to repay creditors using stablecoins or other cryptocurrencies. Although the SEC did not explicitly deem these transactions illegal,...
SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 Plan
2.9.2024
The U.S. Securities and Exchange Commission (SEC) has raised concerns over FTX’s plan to pay back claims using its “crypto asset securities.” The SEC’s Senior Trial Counsel, Therese Scheuer, has reserved the right to challenge these transactions under federal securities laws. FTX’s Crypto...
Binance exec’s trial brought forward despite no access to legal counsel
2.9.2024
Amidst multiple alleged money laundering charges, the Nigerian government claims that Binance was responsible for the decline of its Naira currency
Extremely Unlikely WazirX Customers Will Be Made Whole in Crypto Terms: Legal Advisers
2.9.2024
It is extremely unlikely that WazirX customers will be made whole in crypto terms through the restructuring, legal advisers of the Indian cryptocurrency exchange said
Brazilian Supreme Court Bans X, Imposes Fines for VPN Circumvention
1.9.2024
The Brazilian Supreme Court ordered a nationwide ban on X after a prior order mandating the social platform to assign a local representative was ignored. Brazilians began to lose access to the site on Saturday, as the Supreme Court prohibited citizens from using virtual private network (VPN)...
Canadian court orders $1.2M Bitcoin loan repayment
1.9.2024
The Supreme Court of British Columbia has ordered $1.2 million in damages to be paid in a Bitcoin-related loan dispute, reflecting the growing legal acceptance of cryptocurrencies
Canadian Court Orders Man to Repay $1.2 Million in Bitcoin Loan Dispute
1.9.2024
A court in British Columbia, Canada, has ordered Daniel Tambosso to repay Hung Nguyen $1.2 million for a loan of 22 bitcoins made in 2021. Nguyen, a Canadian real estate agent, claimed the loan constituted his entire savings, and Tambosso’s failure to repay has severely impacted his finances...
Dogecoin Manipulation Lawsuit Against Elon Musk and Tesla Dismissed
1.9.2024
Elon Musk and Tesla Inc. successfully had a lawsuit dismissed that accused them of manipulating the price of dogecoin (DOGE) for personal gain. A U.S. District Judge in Manhattan ruled that the plaintiffs failed to provide convincing evidence, despite multiple revisions of their claims. The lawsuit...