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Paper Mario-Like Game Dev Yanks Own Game Offline In Legal Fight
22.2.2023
The Outbound Ghost is a charming turn-based adventure RPG that’s been garnering hype on social media thanks to its cutesy blend of The Legend of Zelda, Paper Mario, and Undertale mechanics. The paper mache game hit Steam in late 2022, but if you look for it there now, you won’t find anything...
Proof of Stake Alliance publishes white papers on legal aspects of liquidity staking
21.2.2023
Experts from 10 industry organizations contributed to this pioneering examination of legal questions surrounding proof of stake
FTX Japan Crypto Exchange to Resume Withdrawals Today – Here's What's Happening
21.2.2023
Fallen crypto exchange FTX's Japanese arm, FTX Japan, has resumed withdrawals.
The Monday announcements said that the firm would resume services for withdrawing fiat currency and cryptoassets of FTX Japan at noon on Tuesday (JST) via the Liquid Japan platform - a crypto trading platform acquired...
Composable Finance CEO denies legal violations as CTO steps down
21.2.2023
The CTO stepped down from the DeFi-focused infrastructure firm on Feb. 20, but not without some allegations aimed at his former company and its CEO
Chinese Prosecutors Close Net on 40 Suspected Crypto Scammers
20.2.2023
Up to 40 suspected crypto scammers are facing prosecution in China – with 10 already standing trial.
Per Jimu News, 10 of the alleged scammers are being tried at the Enshi (Hubei Province) branch of the People’s Court on fraud charges.
The public prosecution agency claims that the “gang”...
Bankman-Fried $250M Bond Is a ‘Joke,’ Claims Securities Lawyer
16.2.2023
“MetaLawMan” James Murphy says that in 30 years of experience he has “never seen anything this lenient in a situation” where someone has lost millions of dollars of users’ money
Oman Capital Markets Regulator Plans to Establish a Virtual Assets Regulatory Framework
16.2.2023
The Oman Capital Market Authority (CMA) has said it plans to establish a regulatory regime to govern as well as develop the country’s virtual assets market. The regulator said the envisaged regulatory regime enables it to avail an “alternative financing and investment platform...
Mango Markets exploiter seeks to keep disputed funds paid as ‘bug bounty’
16.2.2023
Attorneys representing Avraham Eisenberg argued he had already settled his dispute with Mango DAO and shouldn't have to pay back any more funds
Celsius Pursues Legal Action: Mashinsky and Other Former Executives Targeted for Repayment in Bankruptcy Fallout
15.2.2023
The bankrupt crypto lender Celsius is taking legal action against its former CEO Alex Mashinsky and a number of others to seek the return of “millions of dollars.”
According to court documents published this week, Mashinsky, Celsius co-founder S. Daniel Leon and several others engaged...
French Court Jails 50-year-old International Crypto Scammer for Four Years
15.2.2023
The 50-year-old mastermind of a “vast” and “international” French crypto scam that duped at least 14 victims out of over $375,000 has been sentenced to four years in prison....
Read More: French Court Jails 50-year-old International Crypto Scammer for Four Years
Charity or Scam? Former FTX Executive's Foundation Accused of Making Profits from Employee Token Prices
15.2.2023
A former FTX executive’s foundation allegedly turned a donation of some $600,000 in FTT tokens into a whopping $150 million. And he now wants to cash out the frozen assets. ...
Read More: Charity or Scam? Former FTX Executive's Foundation Accused of Making Profits from Employee Token Prices
CFTC Case Against Sam Bankman-Fried Postponed Until After Criminal Trial
13.2.2023
The request to stay the SEC’s civil case against Bankman-Fried is still pending
Restrictive Crypto Rules for EU Banks Confirmed in Published Legal Draft
13.2.2023
Banks in the European Union would have to treat crypto as the riskiest kind of asset and disclose exposures while awaiting more detailed rules
US Crypto Lawsuits Reach All-Time High With 42% Increase in 2022; SEC Cases Dominate Legal Battles
13.2.2023
A new study on digital currency-related lawsuits since 2018 shows a 42% increase in crypto lawsuits in 2022. The highest number of claims in a single year was recorded last year, with 41 total claims in the United States. The research also shows that the majority of lawsuits came from the U.S....
IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed
12.2.2023
According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use of bitcoin. However, the United Nations financial...
El Salvador’s ‘limited’ use of Bitcoin prevents forecasted risks, says IMF
12.2.2023
The IMF has suggested that El Salvador “reconsider” its plans for Bitcoin, following a recent visit to the country
The IRS is Taking Action to Uncover Identities of This Crypto Exchange's Customers – Who Will Be Affected?
10.2.2023
According to the Internal Revenue Service (IRS), the American tax authority, Kraken, the giant crypto exchange, failed to provide requested information regarding its US customers who conducted crypto transactions worth $20,000 or more between 2016 and 2020.
The major exchange has allegedly been...
Sony Accuses Microsoft Of 'Harassment' In Court Battle
10.2.2023
The struggles to get Microsoft’s proposed $69 billion purchase of Activision Blizzard over the line aren’t just playing out at government watchdogs and in the public eye, but in courtrooms as well. And in one of those battlegrounds, Microsoft is making demands of its rival Sony that the latter...
Legal Expert Says MetaBirkin Project Intended to Use Hermès’ Brand for Economic Gain
9.2.2023
Olta Andoni, chief compliance officer at financial firm Enclave Markets, says that Mason Rothschild was looking to “piggyback” off of the French luxury brand’s reputation. But even artists who are creating digital art aren't free of consumer protection laws
Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power
9.2.2023
According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang discussed how the purchasing power of the U.S. dollar has dwindled to “roughly three...