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China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities
16.5.2022
An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate the Asian country’s decision to ban crypto-related activities. In the article,...
Terra’s Big Backers, Shanghai Court Declares Bitcoin Property, BTC Obituaries, and Triple Top Hopes — Bitcoin.com News Week in Review
15.5.2022
With the nightmare nosedive of Terra’s LUNA and UST, the Shanghai High People’s Court declaring that bitcoin is virtual property protected by Chinese law, a surge in Bitcoin Obituaries, and some hoping for a rare triple top to appear for BCT, the past week has been full of shock...
UK Court recognizes NFTs as ‘private property’ — What now?
15.5.2022
Not all the experts are rushing to call the development “groundbreaking,” but it will certainly help the industry combat fraud
Skyrocketing Retro Game Price 'Manipulation' Controversy Goes To Court
13.5.2022
The market frenzy leading to record-breaking prices for retro games appears to have slowed since last year, but frustration over the collectible grading firm at the center of the spike hasn’t. Earlier this week a number of Wata Games customers filed a class action lawsuit attempting to put an...
Shanghai court affirms that Bitcoin is virtual property, subject to property rights
12.5.2022
A district court in Shanghai ruled for Bitcoin owner’s right to compensation in case involving unpaid loan and decided on Bitcoin legal status in the process
Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law
12.5.2022
The Shanghai High People’s Court has declared bitcoin to be a virtual asset protected by Chinese law. The court notes that the cryptocurrency has economic value. Bitcoin Is Property Protected by Law in China The Shanghai High People’s Court has declared that bitcoin qualifies as...
South Korean Court Gains Support from Exchanges in Bid to Include Crypto in Bankruptcy Cases
12.5.2022
South Korea’s judiciary is set to include crypto holdings in lists of debtors’ assets in bankruptcy cases – and the nation’s leading crypto exchanges have agreed to cooperate with courts on the matter....
Read More: South Korean Court Gains Support from Exchanges in Bid to Include Crypto...
Lawsuit Claiming Steam Gives Valve Too Much Power Is Moving Forward After All
11.5.2022
A U.S. district judge has decided that an antitrust lawsuit against Valve over how it operates and uses the Steam platform can move forward. The company suing Valve, Wolfire Games, alleges that the Half-Life and Portal developer uses its digital storefront and its huge amount of control over the...
Bloodborne Is Scarier Than Ever In 2022
9.5.2022
Somewhere, a baby is crying. Their lonely yelps stick to the air like mist sticks to glass. The sound stretches out over the mirror of water upon which Rom, the Vacuous Spider just died as the nightmare moon descends. It trails you through every unlit building, but melts into happy giggles when...
SEC Halts $62 Million Crypto Mining, Trading Scheme — DOJ Indicts Founder
9.5.2022
The U.S. Securities and Exchange Commission (SEC) has halted a $62 million global cryptocurrency trading and mining scheme and the Department of Justice (DOJ) has indicted its CEO and founder. If convicted of all counts, he faces a maximum total penalty of 45 years in prison, the Justice...
US Court Fines Bitmex’s Founders $30 Million for Operating Illegal Crypto Platform
7.5.2022
The founders of Bitmex have been ordered to pay $30 million “for illegally operating a cryptocurrency derivatives trading platform and anti-money laundering violations.” Arthur Hayes, Benjamin Delo, and Samuel Reed must pay $10 million each. Bitmex’s Founders Fined $30 Million...
Court Hands BitMEX Founders USD 30m in Fines for AML Violations
6.5.2022
A New York court has ordered the three former masterminds of the BitMEX crypto exchange to fork out a combined USD 30m in “civil monetary penalties.”...
Read More: Court Hands BitMEX Founders USD 30m in Fines for AML Violations
Court orders BitMEX founders to pay $30M civil penalty
6.5.2022
The three co-founders have been ordered to pay hefty fines for what the CFTC calls their involvement in serious violations of regulations and the Commodity Exchange Act
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
6.5.2022
The three co-founders, Arthur Hayes, Benjamin Delo and Samuel Reed, must each pay $10 million, the CFTC said
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
5.5.2022
A federal judge ordered the three co-founders of BitMEX to pay $30 million total for operating an illegal cryptocurrency derivatives platform and violating money-laundering rules, the Commodity Futures Trading Commission said Thursday
Ex-BitMEX Chief Arthur Hayes Wants Court to Excuse Him Jail Time
5.5.2022
The co-founder and ex-CEO of the BitMEX crypto exchange Arthur Hayes has asked a court not to give him jail time for failing to create an anti-money-laundering network on the platform – and has claimed that he will not repeat his crimes. Hayes has also sought permission to live abroad and travel...
Bungie Sees Multiple Claims Against Destiny Cheat Seller Dismissed In Federal Court
30.4.2022
Bungie was served a bit of a loss this week in its ongoing legal war against cheat makers and sellers. On Wednesday, a federal judge dismissed Bungie’s copyright infringement claims against website AimJunkies while agreeing with the cheat seller’s legal defense that the Destiny publisher’s other...
Two more charged with teaching North Koreans to evade US sanctions with crypto
27.4.2022
Two EU citizens have been indicted for violating U.S. sanctions on North Korea when they jointly planned a crypto conference there
Chinese court rules marketplace guilty of minting NFTs from stolen artwork
26.4.2022
A user of the NFT marketplace NFTCN allegedly poached a creation of an artist and sold it as an NFT for $137 to another user
PlayStation's Gender Discrimination Lawsuit Dismissed By Court
22.4.2022
A lawsuit brought against Sony last year accusing PlayStation of “pay disparity, wrongful termination, and other instances of gender-based discrimination” has been dismissed by the United States District Court of North California.Read more