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Nifty News: Yuga Labs scores court battle win, Mandala Metaverse to drop on Polkadot and more…
22.4.2023
A Metaverse/AR story game is coming to Polkadot, Square Enix has made another Web3 gaming play, and an NFT esports cricket game has launched on Tezos
Do Kwon lawyers reportedly dismiss SEC's securities fraud allegation
22.4.2023
Kwon's lawyers claimed that the SEC failed to prove the alleged defrauding of US investors in connection with Terra’s $40 billion collapse of TerraUSD (UST) and Luna (LUNA)
Report: Terraform Labs Co-Founder Do Kwon Charged by Montenegro Prosecutors
21.4.2023
Nearly a month after Do Kwon’s arrest by Montenegro law enforcement, local prosecutors have now indicted the co-founder and CEO of Terraform Labs. The decision to indict Kwon is likely to delay attempts to extradite him to South Korea and the United States where he faces several charges....
Tornado Cash Dev Alex Pertsev to Be Released on Bail by Dutch Court
21.4.2023
Tornado Cash developer Alex Pertsev will be released from jail under surveillance after spending nearly nine months in prison over allegations of facilitating money laundering.
According to Eléonore Blanc, founder of crypto education platform CryptoCanal, who was present at the court hearing,...
'BitBoy Crypto' intentionally misses court appearance to address alleged harassment
20.4.2023
YouTuber and Crypto Twitter personality Ben Armstrong openly mocked a federal judge's authority, tweeting pictures of himself on a beach during an ordered court appearance
Hong Kong Court Recognizes Cryptocurrencies as Property in Landmark Ruling – What Happens Next?
20.4.2023
The High Court of Hong Kong has made a landmark ruling by recognizing crypto to be property in a legal matter that involved now-defunct crypto exchange Gatecoin.
Judge Linda Chan, who presided over the case, reportedly said that crypto has property attributes, according to an analysis of...
Tornado Cash Developer Pertsev Can Be Freed Pending Trial, Dutch Court Rules
20.4.2023
Pertsev has been in a Dutch jail since August after U.S. authorities sanctioned the privacy protocol
Midjourney, other AI devs strike back in court, claiming their material is not similar to artists
20.4.2023
The response by the AI firms raises questions about how copyright law principles such as authorship, infringement and fair use will apply to content created or used by AI
Voyager's $1B deal with Binance.US moves forward after deal with Feds
20.4.2023
The bankrupt crypto lender struck a deal with the U.S. government and its $1 billion sale of cryptocurrencies to Binance.US has moved forward
Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide
19.4.2023
In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this case should provide greater clarity to insolvency...
Hong Kong court rules cryptocurrencies as property
19.4.2023
The decision aligns Hong Kong with other jurisdictions that recognizes cryptocurrencies as digital properties
Hong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin
19.4.2023
The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said
NFT app Rebase co-founder accused of going ‘rogue’ in suit by partner
19.4.2023
An apparent business partner of Rebase's co-founder claims he was pushed out of the firm and funds he owned were moved from a joint crypto wallet
Zipmex requests 2-month extension from Singapore court for restructuring plan
18.4.2023
A ruling from Singapore’s High Court originally allowed Zipmex a moratorium until December 2022 to handle debt relief amid reported liquidity issues
Crypto Companies May Use a Supreme Court Doctrine to Push Back Against SEC: Lawyer
18.4.2023
Crypto firms are using the major questions doctrine as a way to fend off regulators, Jason Gottlieb, a partner at Morrison Cohen LLP, said
Coinbase may face years-long court battle with SEC, CEO warns: Report
18.4.2023
At a London fintech conference, CEO Brian Armstrong disclosed that Coinbase might consider leaving the U.S. due to the lack of regulatory clarity in the country
Today in Crypto: Luno Leaving Singapore, Wirex Launching Private ‘Luxury Service’, Court Extends Creditor Protection for Babel Finance
18.4.2023
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: Luno Leaving Singapore, Wirex Launching Private ‘Luxury Service’, Court Extends Creditor Protection...
NBA Hall of Famer Shaq Served in FTX Investor Suit
18.4.2023
A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s founder, of defrauding people who put money into FTX....
Crypto lender Babel gets extended creditor protection in Singapore
18.4.2023
Hong Kong-based Babel Finance will have more than a year to repay debts to its creditors after suspending withdrawals in June 2022
SEC Charges Crypto Exchange Bittrex With Operating Unregistered Exchange, Broker, and Clearing Agency
17.4.2023
After the report revealing that the cryptocurrency exchange Bittrex had received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), the securities regulator charged Bittrex and the company’s CEO on April 17 for “operating an unregistered exchange, broker,...