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What is fair use? US Supreme Court weighs in on AI’s copyright dilemma
30.5.2023
Many firms with generative AI models are being sued for copyright infringement, and the Supreme Court may have just ruined their primary legal defense
Ripple Price Prediction - XRP to $1 on Court Case Latest, While Wall St Memes Pumps Past $1 Million
30.5.2023
The XRP price has gained by 5% in the past 24 hours, reaching $0.502702 upon growing expectation that Ripple will win its long-running case against the SEC.
XRP's current level represents an 8% rise in a week and an 18% increase in the past fortnight, with the altcoin also having risen by...
South Korean Court Jails Civil Servant Who Stole Public Funds to Buy Crypto
29.5.2023
A South Korean court has handed a suspended jail term to a civil servant who stole thousands of USD worth of public funds to pay for crypto investments.
Per Yonhap, the public official was handed a one-year suspended prison sentence, as well as two years of probation.
The official was not named...
Gemini and Genesis Fight Back Against SEC Lawsuit, Seek Dismissal of Allegations
29.5.2023
Gemini Trust Company and Genesis Global Capital filed a court document on May 26, 2023, seeking the dismissal of a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). The regulatory body had accused the two crypto firms of offering unregistered securities. Gemini and Genesis...
Winklevoss Twins’ Exchange Gemini and Crypto Lender Genesis Ask US Court To Dismiss SEC Lawsuit
29.5.2023
Cryptocurrency exchange Gemini and bankruptcy crypto lending platform Genesis are firing back after being sued by the US Securities and Exchange Commission earlier this year.
Genesis and Gemini are asking the United States District Court for the Southern District of New York to dismiss the case...
Gemini and Bankrupt Lender Genesis Asks U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program
29.5.2023
The U.S. Securities and Exchange Commission alleged the two entities had sold unregistered securities through Gemini's Earn program
Lawyer uses ChatGPT in court and now 'greatly regrets' it
29.5.2023
The court used the word “bogus” to describe the quotes and citations provided by the New York attorney, which were sourced from ChatGPT
Venezuela Seeks to Regain Control of More Than $1.8 Billion in Gold After Interim Government Dissolves
25.5.2023
The government of Venezuela is seeking to regain control of more than $1.8 billion in gold deposited in the vaults of the Bank of England. Officials of Maduro’s government appealed to the London Court of Appeals that the destitution of Juan Guaido, the former interim president, could affect...
Alameda-Backed ‘Samcoins’ CEO Alex Grebnev Sued by CoinTelegraph Owner Gregory Fishman
25.5.2023
Alex Grebnev, CEO of the Maps.me (MAPs) and Oxygen (OXY) cryptocurrency projects closely linked to Sam Bankman-Fried’s failed FTX empire, is being sued by Gregory Fishman, reportedly an owner of crypto news site CoinTelegraph on allegations of fund misappropriation
Today in Crypto: Fahrenheit Wins Celsius Acquisition, BTC-e Co-Founder Wants to be Included in a Russia-USA Prisoner Exchange, Bitpanda Joins Hands with Coinbase
25.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Fahrenheit Wins Celsius Acquisition, BTC-e Co-Founder Wants to be Included in a Russia-USA Prisoner...
Do Kwon's Detention in Montenegro Extended After High Court Decision to Revoke Bail
25.5.2023
A lower court had determined the value of Kwon's property based on "statements" and not concrete evidence, a high court cited in a decision to scrap his bail approval
Terraform Labs CEO Do Kwon Denied Bail by Montenegrin High Court; Extradition Requests Loom
24.5.2023
A Montenegrin high court judge has reportedly invalidated the bail application of Do Kwon, the co-founder of Terraform Labs. Kwon was detained for providing false identification while boarding a flight to Dubai alongside a companion on March 23, 2023. Terraform Labs Co-Founder’s Bail Request...
Terraform Labs’ Do Kwon’s Bail Revoked in Montenegro Court: Bloomberg
24.5.2023
A court in Montenegro has repealed a lower court’s decision under which to release Terraform Labs co-founder Do Kwon on bail, according to Bloomberg News.
A court spokesperson said a high court in Montenegro’s capital overturned the earlier decision and Kwon remains in jail, Bloomberg reported. ...
Montenegro High Court Says No Bail for Terra's Do Kwon in Fake Passport Case: Bloomberg
24.5.2023
Prosecution appealed a previous decision by a lower court in the country to let the disgraced founder go free while he faced trial
Bankrupt Crypto Exchange FTX Continues to Explore Potential Relaunch, Court Records Reveal
23.5.2023
Recently submitted court records in the FTX insolvency case reveal that the exchange’s new CEO, John Ray III, has been exploring a revival plan for the now-disabled trading platform and the “preliminary formation of restructuring strategies.” FTX’s Revival Prospects Surface...
Coinbase Asks the Court To Step In To Get Answers on Its Rulemaking Petition
23.5.2023
Cryptocurrency exchange Coinbase called on a court to issue a “writ of mandamus” telling the US Securities and Exchange Commission to respond to its rulemaking petition within seven days.
A mandamus “is warranted because the SEC has made up its mind to deny Coinbase’s petition,” the exchange said...
FTX 2.0 to launch soon? Court filing shows a reboot plan in the works
23.5.2023
The new FTX CEO has undertaken a series of meetings over the past month to work on the relaunch of the failed crypto exchange by entering in a bidding process
BlockFi Sent Out Reorganization Plan ‘Prematurely,’ Court Orders Them Withdrawn
23.5.2023
Bankruptcy cryptocurrency lender BlockFi took back statements it made earlier this month about a plan to reorganize which it said was done “prematurely.”
BlockFi released a “corrective letter to creditors” on Friday, directed by the court, asking them to disregard certain statements posted to...
Terra Founder Do Kwon Having His Bail Conditions Appealed in Montenegrin Court
22.5.2023
Prosecutors in Montenegro appealed against the bail terms of Terra/LUNA co-founder Do Kwon and chief financial officer Han Chang-Joon.
On Wednesday, the State Prosecutor’s Office in the country's capital, Podgorica, filed an official appeal against the decision made by the court on May 12 to grant...
Gemini considers forbearance after DCG defaults on a $630M payment
22.5.2023
Gemini is planning to file a new motion with the court seeking the return of $1.1 billion of digital assets from DCG-owned Genesis