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Fraud Conviction of ‘My Big Coin’ Founder Randall Crater Upheld on Appeal
27.2.2024
A US appeals court has upheld the prior sentencing of “My Big Coin” fraud founder Russell Crater. Crater will serve over 8 years and pay $7.6 million for orchestrating a fraud from 2013 to 2017, facing charges including wire fraud, unlawful transactions, and running an unlicensed money...
Dogecoin Rallies Following X Payments Activation; Rebel Satoshi Fresh Memecoin Appeals to Investors
11.2.2024
Cryptocurrency markets are excited as Dogecoin experiences yet another rally, fueled by the activation of X Payments. Simultaneously, a new player in the market, Rebel Satoshi, is catching the attention of investors with its fresh take on meme coins. Dogecoin Riding High on X Payments Activation...
Legal Twist Keeps Terraform Labs’ Co-Founder Do Kwon in Montenegro, Appeals Court Questions Extradition Grounds
8.2.2024
Following the Montenegro Appeals Court’s decision to reject the extradition requests for Terraform Labs co-founder Do Kwon, the panel from the Appeals Court has nullified the latest decision by Podgorica’s High Court to extradite Kwon to either South Korea or the United States. This...
FTX to Face Independent Investigation, Federal Appeals Court Rules
22.1.2024
An independent bankruptcy examiner must complete an investigation into the collapse of FTX, a federal appeals court ruled Friday. In violation of U.S. bankruptcy code The ruling, delivered by the Third Circuit Court of Appeals in Philadelphia, argues that to not appoint an independent examiner...
FTX Under New Scrutiny: Appellate Court Orders Independent Investigation
21.1.2024
An independent examiner was initially barred from delving into the FTX bankruptcy case. However, the Third Circuit Court of Appeals in Philadelphia has recently overturned this decision, mandating that the defunct crypto exchange undergo an investigation by an external party. This ruling points...
Terraform Labs Co-founder Do Kwon Appeals Extradition Decision Amid Claims of Political Pressure
15.1.2024
Do Kwon, co-founder of Terraform Labs, has once again appealed the Montenegro High Court’s decision to uphold extradition requests from the U.S. and South Korea. His legal team argues that the recent decision by the Montenegro High Court violates legal provisions, the European Convention...
Do Kwon Appeals New Montenegro High Court Decision Upholding Extradition Requests, Lawyer Says
15.1.2024
Local courts may be facing political pressure regarding Kwon's extradition to the U.S. or South Korea, his lawyer Goran Rodic told CoinDesk
US Court Finalizes Forfeiture of 69,370 Bitcoin from Silk Road
21.12.2023
Source: DALL·E A U.S. appeals court has completed a legal process finalizing the seizure of 69,370 Bitcoin from the Silk Road, the now defunct dark web marketplace. According to a court filing, the U.S. District Court of Appeals for the Ninth Circuit confirmed the transfer of the Bitcoin to federal...
Montenegro Appeals Court Overturns Extradition of Terraform Labs Co-Founder Do Kwon
19.12.2023
On Tuesday, Montenegro’s appeals court overturned the extradition request for Terraform Labs co-founder Do Kwon. This reversal follows reports that Justice Minister Andrej Milovic had informally agreed to the extradition. Kwon to Remain in Montenegro, Decision Lies With Justice Minister...
Do Kwon Successfully Appeals Extradition Decision by Montenegro Court
19.12.2023
A previous decision that legal requirements for extradition had been met was rejected by the country's Appeals Court
Terra Founder Do Kwon Appeals Against Extradition to South Korea and US
6.12.2023
Source: Terra / YouTube Terraform Labs co-founder, Do Kwon, has officially filed an appeal against the extradition decision of the High Court in Montenegro. On December 6, the Montenegrin Court of Appeal confirmed that Kwon Do-hyung submitted an appeal, expressing his refusal to accept...
Binance to Delist and End Support for BUSD in December; BNB Gathers Momentum Amid Low Sentiment; NuggetRush Becomes Meme Enthusiasts’ Favorite
4.12.2023
TLDR Binance will end support for BUSD products on December 15, 2023, and withdrawals will be disabled on December 31. BNB has been gaining traction and is tipped to end the year above $240. NuggetRush appeals to enthusiasts due to its blend of P2E and memecoin, with its price expected to increase...
Court Upholds Detention of Ex-FTX CEO Sam Bankman-Fried, Deeming Release Arguments ‘Unpersuasive’
24.11.2023
As Sam Bankman-Fried’s legal representatives gear up to appeal the ex-FTX chief’s recent verdict, they have requested the court for his provisional release from the Metropolitan Detention Center in Brooklyn, New York. Upon examination of Bankman-Fried’s claims, a clerk from the court...
Appeals court rejects Sam Bankman-Fried’s bid for release
23.11.2023
The court cited Sam Bankman-Fried’s alleged witness tampering as the main grounds for rejecting his release bid
Blockchain Association files support in suit to lift Tornado Cash sanctions
21.11.2023
The crypto advocacy group said OFAC must act within its statutory authority by sanctioning bad actors, not open-source software tools
Another Court Finds SEC Acted ‘Arbitrarily and Capriciously’
3.11.2023
The United States Court of Appeals for the Fifth Circuit has found that the U.S. Securities and Exchange Commission (SEC) acted “arbitrarily and capriciously” in a case involving the stock buyback disclosure rule. “Another day and another court finds that the SEC again acted...
Craig Wright Wins U.S. Appeal in Billion-Dollar Bitcoin Dispute
27.10.2023
A Florida jury was right to say the self-proclaimed inventor of cryptocurrency wasn't in partnership with David Kleiman when they mined bitcoin together, an appeals court ruled
SEC Chair Gensler Keeps Quiet on Bitcoin ETF Plans After Grayscale Ruling – Here’s the Latest
26.10.2023
Despite tremendous pressure to approve a spot Bitcoin ETF for trading on public markets, Securities and Exchange Commission (SEC) chairman Gary Gensler refuses to discuss his agency’s next steps. On Monday, the SEC received an order from the Court of Appeals to review Grayscale’s...
SEC Ordered to Re-Evaluate Grayscale’s Bitcoin ETF Conversion With Court Mandate
23.10.2023
The U.S. Securities and Exchange Commission (SEC) once again holds the reins when it comes to evaluating Grayscale’s spot bitcoin exchange-traded fund (ETF) application. On October 23, 2023, the U.S. Court of Appeals for the D.C. Circuit delivered a directive, compelling the SEC to take...
Lawyers Project Ripple to Emerge as Winners Over The SEC in Future Appeals
23.10.2023
Pro-digital asset lawyers have projected a victory for Ripple (XRP) in any appeal by the Securities and Exchange Commission (SEC) in the case of alleged unregistered securities offering.
In a social media post on X (Twitter), Jeremy Hogan, a pro-XRP attorney who closely followed the lawsuit...