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Alexander Vinnik Serves Prison Term in France but No Freedom in Sight


Having served his five-year prison sentence in France, Russian IT and crypto specialist Alexander Vinnik is now facing a return to Greece and possible extradition to the United States. A French cassation court has recently dismissed an appeal filed by his defense against the transfer....

G7 Inadvertently Makes the Case for Bitcoin with New Gold Move


  The Group of 7 (G7) countries are inadvertently making the case for Bitcoin (BTC), as gold’s shortcomings are becoming more obvious after a new move to ban imports of Russian gold. The move to ban gold imports from Russia was announced by the US, UK, Japan, and Canada during the G-7 meeting...

US lawmaker lays out case for a digital dollar


"It is now time for Congress to begin the process of considering and ultimately passing authorizing legislation for the issuance of a U.S. CBDC," said Representative Jim Himes

Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors


Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others...

'First Time Ever', US Law Firm Airdrops NFT Subpoena in Exchange Hack Case


  In what could represent a landmark legal development for the crypto industry, US law firm Holland & Knight has served a defendant a pre-trial temporary injunction as a non-fungible token (NFT), acting in a legal case involving its client, crypto exchange LCX. For the "first time in history"...

Nintendo's Big Piracy Case Is A Very Sad Story


Back in February, Gary Bowser—who in most media reports has been described as a ‘hacker’—was sentenced to 40 months in prison for his role in selling cheat and modification devices for Nintendo hardware. Being a court case, most of the reporting dealt only with names on a page and cold facts, but...

RBI Official: Central Bank Digital Currencies Could Kill Cryptocurrencies


Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could “kill whatever little case there could be” for cryptocurrencies, like bitcoin and ether. RBI’s Deputy Governor Discusses Impact of CBDCs on Cryptocurrencies RBI Deputy Governor...

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