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Meta gets court win in metaverse acquisition plans: Report
1.2.2023
Should the Federal Trade Commission not appeal the ruling, Meta would likely be able to acquire additional companies offering metaverse-related products or services
Federal judge bars SBF from contacting FTX and Alameda employees, using Signal
1.2.2023
Sam Bankman-Fried could also be barred from accessing FTX and Alameda funds as part of his bail conditions, with a judge scheduled to discuss the matter in a Feb. 7 hearing
BAYC investors have less than a week to join class action against Yuga Labs
31.1.2023
The new class action lawsuit aims to help BAYC and APE buyers get compensation from Yuga Labs due to the firm allegedly misleading investors
Justice Dept defends motion to bar SBF from accessing FTX, Alameda assets
30.1.2023
In a Jan. 2 email to FTX CEO John Ray, Sam Bankman-Fried offered to meet in New York City around the time he was to appear in court and enter the plea in his criminal case
Arizona senator doubles down on crypto amid the winter of discontent: Law Decoded, Jan. 23-30
30.1.2023
Even though this winter continues to stress test the case for Bitcoin advocation, some lawmakers strive to put their names on the crypto hot list
UK regulator investigates charity linked to FTX
30.1.2023
The Charity Commission opened the inquiry on Dec. 19, after FTX had filed for bankruptcy in the United States and former CEO Sam Bankman-Fried was arrested
S Korean Ministry, Local Law Firm & Samsung Affiliate Included on FTX Creditor List
30.1.2023
Several South Korean firms – and a major government organ – were named on the crypto exchange FTX’s long list of creditors.
The list includes the nation’s biggest law firm, a Samsung subsidiary, and the Ministry of the Environment, Seoul Shinmun reported....
Read More: S Korean Ministry, Local...
Kazakhstan Parliament Adopts Law Regulating Crypto Mining and Exchange
30.1.2023
Lawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of cryptocurrencies in the country and introduces a licensing regime for crypto miners and exchanges....
Genesis Capital’s fall might transform crypto lending — not bury it
28.1.2023
TradFi firms with expertise in risk management may soon “fill the void” left by bankrupt crypto lenders, a Duke finance professor predicts
Sao Paolo Introduces Blockchain in Data Access Law
28.1.2023
The Brazilian city of Sao Paolo has introduced the concept of blockchain in its municipal data access and transparency law. The concept of blockchain is defined as a technology that can be of use in this field, but the city has not defined the structures or the implementation for its use in...
Hive Ransomware Network Dismantled by American, European Law Enforcement
27.1.2023
Law enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice Department and Europol announced. Hive is believed to have targeted various organizations worldwide in the past couple...
FTX lawyers to reap millions from the bankruptcy case: Report
27.1.2023
FTX’s legal team from Sullivan & Cromwell has 150 people on the bankruptcy case, with thirty partners reportedly charging more than $2,000 per hour
UK's FCA Flagged Some Crypto Firms Seeking Regulatory Approval to Law Enforcement
27.1.2023
Some of those investigations into financial crime or "direct links to organized crime" are ongoing, an official at the Financial Conduct Authority said
Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%
27.1.2023
Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power...
Coinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal
27.1.2023
The Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary registration. The trading platform, which has until March to object to the measure, is currently considering an appeal against the move. Dutch Monetary Authority Fines...
Bithumb in turmoil, Binance’s 47K law requests, Axie players down 85%: Asia Express
26.1.2023
Our weekly roundup of news from East Asia curates the industry’s most important developments. Bithumb in turmoil On Jan. 25, Yonhap Infomax reported that South Korean authorities had requested an arrest warrant for Kang Jong-Hyun, chairman and owner of cryptocurrency exchange Bithumb, over...
ISDA releases standard definitions for digital asset derivatives
26.1.2023
The International Swaps and Derivatives Association is working on two papers to address fundamental legal risks in the crypto markets
FTX legal team calls for Sam Bankman-Fried's family to answer questions under oath: Report
26.1.2023
Joseph Bankman, Barbara Fried, and Gabriel Bankman-Fried could reportedly face questions in bankruptcy court about any financial benefits they may have received from FTX
Chalk and Cheese: When Crypto Assets Meet the Securities Laws
26.1.2023
It's difficult to pinpoint how a majority of crypto assets can practically function without radically reimaging the current set of securities laws, Lewis Cohen, co-founder of DLx Law, writes
Several Crypto Exchange Websites Taken Down in Kazakhstan
26.1.2023
Financial authorities in Kazakhstan have targeted at least five online platforms exchanging cryptocurrencies outside the law. Documents, computer equipment, and cryptocurrency wallets have been seized during searches in the northern part of the country. Kazakhstan’s Financial Watchdog Goes After...