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Fir Tree fund sues Grayscale in effort to force changes to Bitcoin Trust
7.12.2022
The New York-based hedge funds want Grayscale to cough up information about its flagship Bitcoin trust which it believes could reveal potential mismanagement
Court in China Recognizes NFTs as Virtual Property Protected by Law
6.12.2022
A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired to sell a collection of tokens. Hangzhou Internet...
Court sets new deadline for Celsius restructuring plan
6.12.2022
Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 14
RBB LAB Uses NFT to Serve Alberto De Luigi and Andreas Kohl Summons
5.12.2022
PRESS RELEASE. San Marino, Dec 5, 2022 — RBB Lab, a technology development firm based in the Republic of San Marino, has used NFT (Non-Fungible Token) technology to issue court summonses for the case against Alberto De Luigi, Andreas Kohl, both former collaborators of the firm, and their company...
The Bullied Takes the Bully to Court
5.12.2022
David beat Goliath in an Oslo courtroom in September, establishing a legal precedent for the freedom to say a self-proclaimed inventor of Bitcoin is not actually the pseudonymous Satoshi Nakamoto. That’s why Magnus Granath (aka Hodlonaut) and Craig Wright share a spot on CoinDesk’s Most Influential...
Chinese court says NFTs are virtual property protected by law
5.12.2022
The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs
The Crypto 6 Case Heads to Trial With Only 1 Defendant Left, Prosecutor’s So-Called ‘Expert’ Excluded
4.12.2022
On Dec. 6, 2022, the “Crypto Six” case will be heading to trial, and out of all six defendants, only Ian Freeman, co-host of the radio broadcast Free Talk Live, has not accepted a plea bargain. According to the most recent hearing, Freeman’s legal counsel filed a Daubert motion, which aims...
S. Korean Judge Dismisses Arrest Warrant for Terra Co-Founder Shin
2.12.2022
Daniel Shin’s arrest warrant was dismissed on Saturday local time, according to Yonhap News
How NFT court summons could change the legal landscape
2.12.2022
Blockchain technology is making its way into the court system, with digital summons being served with NFTs
US Trustee Plans to Appoint an Examiner to FTX Case, While SBF Describes Strange Margin Trading Practices
2.12.2022
On Dec. 1, 2022, an attorney for the U.S. Trustee submitted a written letter to Delaware bankruptcy court officials that seeks to establish an independent examiner to investigate the FTX Chapter 11 bankruptcy proceedings. The U.S. Trustee explained in the letter that FTX’s collapse...
Crypto Exchange Zipmex Secures Creditor Protection Extension as Court Sets Deal Deadline
2.12.2022
Zipmex, the South Asian exchange that froze withdrawals due to a shortfall in liquidity earlier this year, has secured creditor protection for all of its entities until April next year, according to an update on the company's website
EmpiresX 'head trader' to face 4 years of prison over $100M crypto 'Ponzi'
1.12.2022
Two other associates that helped run the U.S.-based fraudulent crypto platform EmpiresX left the country early this year and are believed to be in Brazil
London Court Orders Six Crypto Exchanges to Share Client Details to Assist in $10.7M Fraud Case
30.11.2022
London's High Court has ordered six cryptocurrency exchanges including Binance, Coinbase, Luno and Kraken to disclose client information to trace $10.7 million that was stolen from a UK-based exchange in 2020
Bankruptcy court told FTX and Alameda owe BlockFi $1B... but it's complicated
30.11.2022
While BlockFi has attempted to separate itself from FTX and Alameda in its bankruptcy proceedings, it has many financial ties to firms owned by SBF
Salvadoran Group Files Lawsuits Against President Nayib Bukele on Lack of Transparency in Bitcoin Purchases
28.11.2022
Cristosal, a Salvadoran nonprofit human rights organization, has filed three lawsuits related to President Nayib Bukele’s management of public funds to purchase bitcoin. The processes are being run before several national and international bodies, and call for the government to offer...
Bitcoin.org's 'Cøbra' Must Unmask to Challenge Craig Wright's Legal Costs, UK Court Rules
25.11.2022
Wright, the self-proclaimed inventor of Bitcoin, was granted permission to serve papers on Cobra as he sought a declaration of his ownership of the copyright to the Bitcoin white paper
Sony Dumps On EA From A Great Height In Latest Court Docs
24.11.2022
The endlessly silly debacle between Microsoft and Sony, regarding the former’s attempt to buy Activision Blizzard King, offers as a new lowlight every day. Yesterday we had Microsoft declaring that it has rubbish exclusive titles compared to Sony, and today Sony has just loudly dissed...
Bankruptcy Lawyers Say FTX Was Operated by ‘Inexperienced and Unsophisticated Individuals’
23.11.2022
On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been stolen or are missing” and further stressed to the bankruptcy court that FTX executives left the lawyers James Bromley and Sullivan Cromwell with limited information. Bromley further...
FTX Co-Founder Sam Bankman-Fried Faces US Extradition, Bankruptcy Court Says Top Execs Won’t Be Compensated
22.11.2022
According to a report citing three people familiar with the matter, the former FTX CEO Sam Bankman-Fried (SBF) may be extradited to the United States for questioning. After it was alleged that SBF transferred $10 billion in customer funds to Alameda Research, the company’s financials show between...
Tornado Cash developer Alexey Pertsev to stay detained until next year’s hearing
22.11.2022
A Dutch court hearing ruled that the Tornado Cash developer would be held for another three months as the investigation continues