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Bitgo Files Lawsuit Against Novogratz’s Galaxy Digital for $100M Over ‘Intentional Breach’ of a Merger Agreement
14.9.2022
According to statements made by the digital asset custody business and financial services provider Bitgo, the firm has filed a lawsuit against the crypto company Galaxy Digital and is seeking damages for more than $100 million. Bitgo says Galaxy’s “improper repudiation and intentional...
Google’s $4B Fine May Threaten Web3 Protocols, Legal Expert Says
14.9.2022
A court judgment ostensibly about the leading Web2 company’s anti-competitive restrictions sends a warning to open-source developers whose software forks, CoinDesk was told
First Mover Asia: Bitcoin Struggles Following Inflation Report; California Crypto Bill Is an Overstep, Say Legal Experts
14.9.2022
The bill would prohibit California-licensed entities from dealing with stablecoins, unless that stablecoin is fully-backed by securities and issued by a bank or licensed by the California Department of Financial Protection and Innovation
Bitcoin's Health May Hinge on a Legal Feud in Norway
12.9.2022
Some developers say a lawsuit from pseudonymous bitcoiner Hodlonaut against Craig Wright, who claims to be Satoshi Nakamoto, is vital to the cryptocurrency’s growth
Bitcoin-powered Darkweb Drug Dealers Handed Jail Time in South Korea
9.9.2022
Drug traders who exchanged narcotics for bitcoin (BTC) using darkweb portals have been handed jail time and suspended sentences as South Korean courts following scores of arrests made earlier this month....
Read More: Bitcoin-powered Darkweb Drug Dealers Handed Jail Time in South Korea
Top Russian Lawmaker Joins Calls for Legalizing International Crypto Payments
9.9.2022
A high-ranking member of the Russian parliament has urged for the adoption of a relevant legal framework to properly regulate cross-border crypto payments. His proposal comes after key regulators in Moscow said that Russia needs to allow the use of cryptocurrencies in foreign trade, now that...
Coinbase's Battle Over Tornado Cash, White House Not Happy With Bitcoin Mining + More News
8.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Coinbase's Battle Over Tornado Cash, White House Not Happy With Bitcoin Mining + More News
Coinbase's Battle Over Tornado Cash, White House Not Happy With Bitcoin Mining + More News
8.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Coinbase's Battle Over Tornado Cash, White House Not Happy With Bitcoin Mining + More News
Report: Legal Experts Say Nigeria in Need of ‘Clear-Cut Guidelines’ for Crypto Industry
8.9.2022
Authorities in Nigeria have been told to consider upgrading the country’s cryptocurrency regulatory guidelines because current regulations are not consistent with the realities on the ground. According to legal experts, the growing interest in cryptocurrencies by Nigerians means the country...
Lawyer of Alleged Crypto Launderer Vinnik Calls on Russia to Talk Prisoner Swap With US
7.9.2022
A lawyer representing Russian IT specialist Alexander Vinnik has urged the government in Moscow to discuss a potential exchange of prisoners with the United States, where he was recently extradited. The French legal expert is convinced only a return to his homeland could save Vinnik who...
With Crypto’s Blowups, TradFi Boasts Its Legal Rigor
6.9.2022
Standard-setters say existing rules for lending securities should apply to crypto, too, noting they could’ve prevented Celsius-style messy breakups
Australian CBDC Research Project Could Provide Crypto Clarity, Legal Expert Says
2.9.2022
Michael Bacina, partner at law firm Piper Alderman, joined CoinDesk TV’s “First Mover” to discuss what the project’s launch could mean for the country’s financial future
CEL Rallies After Celsius Asks Court to Let it Return USD 50m+ in Crypto
2.9.2022
Developments emerging from the Celsius bankruptcy trial have sent the failed crypto lender’s CEL token soaring above the USD 1.50 mark, making the coin the day’s – and this week’s – best performer among the top 100 coins.
At 07:32 UTC, CEL is trading for around USD 1.53 and is up 33% in a day...
Update for Mt. Gox Creditors, Binance's Messages, Ledger at Best Buy + More News
1.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Update for Mt. Gox Creditors, Binance's Messages, Ledger at Best Buy + More News
Georgia to Update Crypto Regulations to Incorporate EU Rules, Legalize Industry
1.9.2022
The government of Georgia has approved amendments to the legal framework for the Caucasian nation’s financial sector, including additional regulations for crypto and fintech activities. The move aims to align Georgian law with relevant EU provisions. Parliament of Georgia to Vote on Crypto...
MicroStrategy Calls D.C. ‘Tax Fraud’ Lawsuit ‘False’ and Says it Will Fight Back ‘Aggressively’
1.9.2022
The District of Columbia’s Attorney General has publicly stated that his office will launch a tax fraud lawsuit against the IT firm MicroStrategy and its Bitcoin (BTC) bull former CEO Michael Saylor. But the firm called the lawsuit “false” – and has vowed to “defend aggressively” against what...
"Can’t Be Evil" NFT Licenses, New Crypto Investments, Inflation Heats Up in Euro Area + More News
31.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: "Can’t Be Evil" NFT Licenses, New Crypto Investments, Inflation Heats Up in Euro Area + More News
16 Arrested in South Korea over Suspected Crypto Kimchi Premium Trading Violations
31.8.2022
South Korean authorities have swooped on suspected kimchi premium traders – making 16 arrests linked to some USD 1.4bn worth of crypto transactions....
Read More: 16 Arrested in South Korea over Suspected Crypto Kimchi Premium Trading Violations
Crypto Exchange CEO Arrested, Ethereum Scaling, Nexo's Buyback Initiative + More News
30.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Crypto Exchange CEO Arrested, Ethereum Scaling, Nexo's Buyback Initiative + More News
Crypto.com Mistakenly Wired Its Australian User USD 10.5M
30.8.2022
An apparent error on the side of major crypto platform Crypto.com has turned an attempt to process a USD 100 refund into a hefty USD 10.5m wire transfer into a bank account owned by a resident of Melbourne, Australia....
Read More: Crypto.com Mistakenly Wired Its Australian User USD 10.5M