Search
UK Court Reverses Bitcoin Whitepaper Decision Against Cobra
16.7.2024
The UK court has set aside all judgments against Cøbra, the pseudonymous operator of Bitcoin.org. It is based on the long-running copyright dispute over the Bitcoin whitepaper. This decision marks a major shift in the legal battle initiated by Craig Wright, who claims to be Satoshi Nakamoto,...
Plaintiffs File New, Slimmed Down Complaint in Class Action Lawsuit Against Tether
15.7.2024
Plaintiffs in an ongoing class action lawsuit against Tether and Bitfinex have filed a new, slimmed-down complaint accusing the crypto companies of manipulating the crypto markets and violating antitrust laws
Latam Insights: Bukele Goes Chavez Mode Against High Prices, Paraguay Strengthens Power Theft Penalties For Crypto Mining
14.7.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Nayib Bukele starts combating price gouging practices in El Salvador a la Chavez, Paraguay enacts penalties of up to 10 years of jail time for power...
Ripple CEO and Legal Chief Reflect on Landmark Victory Against SEC Over XRP
14.7.2024
Ripple’s chief executive and chief legal officer have reflected on the crypto firm’s win against the U.S. Securities and Exchange Commission (SEC) regarding XRP as the anniversary of the court ruling approached. The CEO described the ruling as a milestone for both Ripple and...
Bitcoin risks 30% loss against XRP if 'triple bottom' confirms
12.7.2024
XRP has significantly lagged behind Bitcoin in 2024, but a recent Mt. Gox and German government-led sell-off in the BTC market may spark renewed interest in the altcoin
Bitcoin risks 30% loss against XRP if 'triple bottom' confirms
12.7.2024
XRP has significantly lagged behind Bitcoin in 2024, but a recent Mt. Gox and German government-led sell-off in the BTC market may spark renewed interest in the altcoin
SEC will not pursue enforcement action against Paxos
11.7.2024
The stablecoin issuer received an SEC Wells notice in February 2023 warning of a potential lawsuit over Binance USD as an unregistered security
SEC Withdraws Enforcement Action Against Paxos’ BUSD Stablecoin
11.7.2024
The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decision comes more than a year after the SEC sent Paxos a Wells Notice concerning...
Cyprus calls for collective crackdown against crypto terror financing
10.7.2024
The alert serves as a reminder of the critical role financial professionals play as gatekeepers in the fight against financial crime
3 reasons why Ethereum price continues to underperform against BTC in 2024
9.7.2024
Ethereum price underperforms BTC on a number of metrics as investors await spot ETH ETF to start trading
Chamber of Progress says Biden can ‘still win’ on crypto against Trump
9.7.2024
According to the advocacy group, the US President still has an opportunity to counter Donald Trump’s “change of heart on cryptocurrency” by supporting regulation
Judge dismisses coders’ DMCA claims against Microsoft, OpenAI and GitHub
7.7.2024
The partial dismissal indicates complainants failed to demonstrate that GitHub reproduces human-created code
Judge dismisses coders’ DMCA claims against Microsoft, OpenAI and GitHub
7.7.2024
The partial dismissal indicates complainants failed to demonstrate that GitHub reproduces human-created code
UK High Court Grants Worldwide Freezing Order Against Craig Wright
6.7.2024
The UK High Court has granted a Worldwide Freezing Order (WFO) against Craig Wright, amounting to £1.548 million (approximately $1.98 million). This decision stems from Peter McCormack’s application, which argued for the necessity of the WFO due to Wright’s fundamentally fraudulent...
Sacked Northern Data Execs File Suit Against Tether-Backed Company, Alleging Fraud
5.7.2024
Two former executives of Tether-backed German tech company Northern Data have filed suit against the firm, alleging that they were wrongfully terminated after raising concerns about the company’s financial health and alleging tax evasion
CFTC Wins Case Against Crypto Fund Operators
4.7.2024
The U.S. Commodity Futures Trading Commission (CFTC) filed a case against Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civil violations of the Commodity Exchange Act (CEA), specifically involving cryptocurrency investments. The court granted the CFTC’s motion for summary judgment...
Binance US Confident in Legal Battle Against SEC as Case Moves Forward
4.7.2024
Binance US responded to the court’s decision to allow the SEC lawsuit to proceed, expressing confidence in its position and criticizing the SEC’s regulatory approach. “We remain confident in our position that the SEC’s case is unsupported by the facts or the law,...
Nigerian Central Bank Warns Financial Institutions Against Rejecting Old or Lower Denomination US Dollars
3.7.2024
The Central Bank of Nigeria warned local financial institutions against rejecting older or lower-denomination U.S. dollar banknotes. The apex bank said it will take strong action against financial institutions that refuse to accept mutilated or overcirculated local currency banknotes. Older U.S....
Judge signs off on expedited schedule for Consensys suit against SEC
2.7.2024
While Judge Reed O’Connor granted the SEC an extension to respond to Consensys’ lawsuit, he also approved a timeline for considering the case’s merits proposed by the firm
SEC files lawsuit against FTX-linked bank, alleging fraud
1.7.2024
Enforcement director Gurbir Grewal said Silvergate allegedly “failed to detect nearly $9 billion in suspicious transfers among FTX and its related entities.”