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Ripple’s legal chief questions SEC case losses under Gensler
2.11.2023
Stuart Alderoty expressed concern about the SEC’s repeated arbitrary and capricious actions in court cases, suggesting a troubling pattern under Chair Gensler’s leadership
Bankman-Fried’s Lawyers Challenge Core of Fraud Case, Questioning Fiduciary Ties Under English Law
1.11.2023
Lawyers for Sam Bankman-Fried are seeking to instruct the jury that no trust or fiduciary relationship existed between the crypto exchange and its customers, a key part of the prosecution’s fraud case. Bankman-Fried’s Attorneys Question Trust Ties In an addendum to earlier requests,...
Sam Bankman-Fried's Defense Team Makes Last-Ditch Bid to Get 'English Law' Detail in Jury Instructions
31.10.2023
A set of filings from Sam Bankman-Fried's defense team late Monday shows his attorneys still hope to clarify that English law governed FTX's terms of service – which may have implications on the fraud charges
SBF claims innocence, contradicts other witnesses: Law Decoded
30.10.2023
Sam Bankman-Fried was the final witness to take the stand after more than three weeks of testimonies in court
Marshall Islands Further Strengthen's Law That Made DAOs Legal Entities
30.10.2023
The Republic of the Marshall Islands has passed legislation that takes its already advanced law for decentralized autonomous organizations (DAOs) a step further
Ripple’s CEO criticizes former SEC Chair Jay Clayton’s comments
29.10.2023
The former SEC Chair emphasized that regulatory agencies should introduce regulations and legal cases they believe will successfully withstand judicial scrutiny
New Law Expands Police Powers to Seize Crypto in UK
28.10.2023
A new law that gives law enforcement agencies greater powers to seize, freeze, and recover crypto assets has entered into force in the U.K. The law introduces provisions for police to “seize crypto assets more easily and convert them into money before a forfeiture hearing has taken...
Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’
27.10.2023
The former FTX CEO returned to the witness to present his testimony to a jury of 12 people as the criminal trial begins to reach its final stages
Taiwan Advances Crypto Regulation as Draft Act Passes First Reading in Parliament
27.10.2023
Taiwan parliament, the Legislative Yuan, has passed the first reading of a proposed crypto law that would regulate the crypto asset industry. Taiwan has taken a significant step toward regulating the crypto sector by proposing a special crypto law, which has passed its first reading at...
Bitcoin Price Prediction: BTC Steady Near $34,000 Amid ETF Buzz, UK Law & FTX’s Crypto Shift
27.10.2023
Bitcoin , the pioneering cryptocurrency, faced a slight setback as it dipped to 34,146, marking a nearly 1.75% decline this Friday. This downturn comes amidst a flurry of activity in the crypto sphere. The US Securities and Exchange Commission (SEC) has been flooded with eight to ten potential...
Ryder Ripps ordered to pay Yuga Labs $1.6M in copyright lawsuit
27.10.2023
The NFT artists were also ordered to cover Yuga Labs’ legal fees after determining the trademark infringement constituted an “exceptional case.”
UK Lawmakers Roll Out Legislation to Seize Cryptocurrencies Used for Illegal Purposes
26.10.2023
The UK Parliament has passed a bill that allows law enforcement authorities to seize cryptocurrencies associated with illicit activities. This includes investment scams, hacks, terrorism financing, money laundering, and drug trafficking. Per an official announcement on its website, the new bill...
Sam Bankman-Fried denies knowledge of moving FTX deposits to North Dimension: Report
26.10.2023
Assistant U.S. Attorney Danielle Sassoon grilled the former FTX CEO in court on his knowledge of FTX user deposits and the retention of communication records
UK passes bill to enable authorities to seize Bitcoin used for crime
26.10.2023
Filed in September 2022, the Economic Crime and Corporate Transparency Bill is expected to receive royal assent on Oct. 26, 2023
How Google’s AI legal protections can change art and copyright protections
26.10.2023
Amid myriad legal accusations surrounding its AI services, Google stands its ground, vowing to protect its users
Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge
26.10.2023
The testimony will challenge the government‘s claims, especially the counsel’s role in auto-deletion, North Dimension creation, Payment Agent Agreement, Alameda loans, and FTX Terms of Service
Meta faces legal scrutiny as AI advancements raise concerns over child safety
26.10.2023
Concerns for child safety come amid rapid artificial intelligence advancements involving text and generative AI
California Enacts Digital Financial Assets Law
26.10.2023
On October 13, 2023, California enacted the Digital Financial Assets law. This law is California’s first comprehensive framework for regulation of digital asset markets, and some of its provisions may sound familiar to those versed in the state’s money transmitter licensing requirements. Under this...
Will Sam Bankman-Fried fix his case when he takes the stand?
25.10.2023
The former FTX CEO will take the stand in his own defense. Will it be enough to counter the narrative introduced by former employees and expert witnesses?
Sam Bankman-Fried will testify at criminal trial, say defense lawyers
25.10.2023
After much speculation, the former FTX CEO will be one of only a handful of witnesses to testify for his defense in the criminal fraud case