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Binance tax evasion verdict set for October
13.7.2024
Binance’s lawyer urged the judge to dismiss all charges, arguing that the case lacks substance
Judge has ‘strong views’ about Coinbase inquiry into Gensler’s private msgs
11.7.2024
Judge Katherine Polk Failla said she would hear from SEC and Coinbase lawyers on July 15 whether SEC Chair Gary Gensler’s private communications on crypto were fair game
Supreme Court ruling ‘changes the game’ for US crypto firms
11.7.2024
The high court’s decision further bolsters the argument “that Congress, not an agency, should decide if — and how — to regulate Web3.”
Jump Trading Drags FTX Estate to Court Over $264M Serum Token Loan
11.7.2024
Jump Trading's Tai Mo Shan subsidiary is seeking nearly $264 million in damages over a failed delivery of SRM tokens – more than the protocol's current market cap
Marathon site manager ducks Texas noise charges amid resident complaints
11.7.2024
David Fischer, manager of a Texas site for Marathon Digital, was acquitted on charges alleging the site violated local noise ordinances
CFTC Chair reiterates BTC and ETH are commodities in testimony
11.7.2024
Head of the US commodities regulator, Rostin Behnam, has again argued his agency should be given regulatory oversight of Bitcoin and Ethereum to better protect investors
Crypto won big in the Supreme Court's Loper Bright decision
10.7.2024
The Supreme Court ended the Chevron doctrine in June — significantly undermining the Securities and Exchange Commission's ability to stand athwart crypto
Judge Denies Bail for Bitcoin Rodney, Citing Flight Risk and Fraud Severity
10.7.2024
Rodney Burton, known as “Bitcoin Rodney,” will remain in detention awaiting trial on charges of masterminding a multi-billion-dollar cryptocurrency fraud. Arrested in January at Miami International Airport, Burton faces accusations of conspiracy to operate an unlicensed...
Uniswap cites Chevron in another urge for SEC to drop bid to rule over DeFi
10.7.2024
Uniswap Labs argues the SEC’s proposed legal amendments to give it power over DeFi are being made against “a legal backdrop that no longer exists.”
Singapore Court Orders Multichain to Pay Fantom Foundation $2.19 Million
10.7.2024
The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default judgment due to Multichain’s failure to deliver 4.175 million FTM tokens or their equivalent...
Sentencing for ex-FTX execs set for October, November
9.7.2024
Former FTX executives Nishad Singh and Gary Wang, who both testified at Sam Bankman-Fried’s criminal trial, are scheduled to be sentenced later this year
Paxful Co-Founder Pleads Guilty to AML Conspiracy — Faces up to 5 Years in US Prison
9.7.2024
A Paxful co-founder has pleaded guilty to conspiracy charges for failing to maintain an effective anti-money laundering (AML) program on the peer-to-peer cryptocurrency platform. This led to various criminal activities being conducted on the platform, according to the U.S. Department of Justice...
Multichain Foundation to pay $2.1M to Fantom for losses
9.7.2024
The High Court of Singapore ordered Multichain to compensate the Fantom Foundation after a $210 million hack, awarding $2.18 million in damages
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...
Former US solicitor general claims regulators want to ‘debank’ crypto
5.7.2024
Several parties have filed amicus briefs with the appellate court in support of Custodia Bank receiving approval for a master account from the Federal Reserve
United Kingdom High Court freezes Craig Wright's assets
5.7.2024
The judgment was issued to help podcaster Peter McCormack recover nearly $2 million in legal expenses from a defamation lawsuit filed by Wright
NYT AI lawsuit gets weird as OpenAI demands sources for every article
4.7.2024
It’s unclear whether the judge in the case is considering the request, but the New York Times had a strong response to the request
Judge labels 2 obscure altcoins as commodities in $120M Ponzi case
4.7.2024
An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labelling two altcoins, OHM and KLIMA, as commodities