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Mt Gox Claimants Have Until October to Vote on Trustee’s Rehabilitation Proposal
1.6.2021
Nobuaki Kobayashi, the trustee that’s overseeing the Mt Gox civil rehabilitation proceedings, has published a proposal so Mt Gox claimants can vote in order to get reimbursed. The voting process will end on October 8 and more than 50% of the votes will be needed to solidify the settlement...
Voting on a Proposal to Reimburse Mt. Gox Victims Begins Today
31.5.2021
The proposal to reimburse Mt. Gox victims requires a majority vote from all creditors in order to pass
Russian Lawmakers Move to Allow Crypto Payments Under Contracts
24.5.2021
Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract. State Duma to Amend...
Court Summons Mirror Trading International Executives Over BTC Global Scam Allegations
18.4.2021
Two executives of Mirror Trading International (MTI) have been summoned by a high court in connection with another cryptocurrency investment scam called BTC Global. The court summons followed a civil lawsuit filed by 18 plaintiffs demanding compensation from them. Two MTI Executives Linked to...
Civil Lawsuit Against Craig Wright Wants High Court to Rule Against His Bitcoin White Paper Claims
14.4.2021
The Crypto Open Patent Alliance (COPA), a bitcoin industry working group focused on patent laws, has filed a civil lawsuit in the UK against Craig Wright. For many years now Wright has insisted he is Satoshi Nakamoto, but has yet to prove so to the greater crypto community. COPA is looking to...
Muslim Civil Rights Group Calls For Microsoft, Sony, And Valve To Deplatform Six Days In Fallujah
8.4.2021
Calling the controversial first-person shooter that aims to recreate the events of the Second Battle of Fallujah an “Arab murder simulator,” Muslim civil rights and advocacy group CAIR, the Council on American–Islamic Relations, is requesting that Microsoft, Sony, and Valve avoid hosting...
US Judge Dismisses Antitrust Case Accusing Bitmain, Kraken, and BCH Devs of Manipulation
1.4.2021
A U.S. court in Miami has dismissed an amended complaint in the lawsuit that accused nine defendants including Kraken founder Jesse Powell, Bitcoin.com founder Roger Ver, Bitmain’s Jihan Wu, and a few open-source Bitcoin Cash developers of collusion. U.S. Magistrate Judge Chris McAliley...
US Treasury’s Proposed Crypto Wallet Rule Is Unconstitutional, Warns Civil Rights Group
31.3.2021
The New Civil Liberties Alliance has objected to FinCEN’s proposed crypto wallet rule, calling it “unlawful.” In addition, the group says that the U.S. Treasury’s “planned ‘crackdown’ on cryptocurrency holders’ private wallets is an unconstitutional...
WandaVision's Finale Was What You Made of It
5.3.2021
There were as many ways that Marvel’s WandaVision series finale could have ended as there are different ways to process grief. Each of the season’s nine episodes teased this out—new plot twists that threw audiences for loops all meant to obscure, but not erase, the reality that despite all...
From Gold to Greenbacks: A Look at the US Dollar’s Devaluation, Manipulation and Militant Backing
26.2.2021
228 years ago the U.S. dollar was created and ever since then, the national currency has been both powerful and controversial at the same time. Moreover since 1971, after being backed by precious metals for decades, American dollars have been backed by nothing and estimates say a quarter of...
Federal Reserve Bank President James Bullard Confident Bitcoin Not a Threat to US Dollar
21.2.2021
The president of the Federal Reserve Bank of St. Louis, James Bullard, has shared his view on the future of bitcoin. He is confident that the cryptocurrency poses no threat to the U.S. dollar. Referencing the unpopularity of various versions of dollars issued before the Civil War by banks, Bullard...
Blockchain Bites: Mastercard, BNY Mellon Embrace Crypto; Amazon Floats ‘Digital Currency’ Project
11.2.2021
Recently deceased porn mogul Larry Flynt once said, “Hypocrisy is a detriment to progress." His story may have something to offer crypto
Falcon and The Winter Soldier: první trailer na očekávaný seriál, padouch z Civil War se vrací
8.2.2021
Russia Prohibits Government Officials From Owning Crypto, Must Dump Holdings by April
26.1.2021
The Russian Ministry of Labor has reportedly banned government officials from owning and using cryptocurrencies. Officials have also been ordered to dispose of any cryptocurrencies they own by April. Russia Prohibits Government Officials From Holding or Using Cryptocurrencies The Ministry of Labor...
Australian Bitcoin Trader Sues Banks for Systematic Discrimination
19.1.2021
An Australian bitcoin trader has filed a lawsuit against two of the country’s biggest commercial banks, accusing them of systematic discrimination when they closed his accounts on short notice. Allan Flynn is demanding compensation of AU$250,000 ($193,000) from ANZ and Westpac banks...
DC Magistrate Judge Calls Unhosted Wallet ‘Horror Story’ a ‘Fiction’
14.1.2021
“Indeed, cash poses a greater challenge to law enforcement than cryptocurrency in unhosted wallets," wrote Judge Zia Faruqui in an opinion on a forfeiture case
FinCEN’s Crypto Surveillance Rule Violates the US Constitution
13.1.2021
Proposals requiring crypto companies to report transactions amount to "mass surveillance" and flout the Fourth Amendment
The CFTC Asks Court to Issue Fines in Excess of $100M Against Mastermind of a Fraudulent Crypto Scheme
11.1.2021
The Commodity Futures Trading Commission (CFTC) has filed a motion with the New York Southern District Court that seeks heavy penalties against Michael Ackerman, the mastermind of a fraudulent cryptocurrency scheme. According to the motion, the U.S. agency wants the court to order Ackerman to...
New Online System at Mt. Gox May Be Used to Facilitate Bitcoin Refunds to Creditors, Says Trustee
8.1.2021
Mt. Gox’s trustee, Nobuaki Kobayashi, has asked creditors of the defunct crypto exchange to register on a new online system so that they might receive their refunds and be able to vote on the civil rehabilitation plan. ● In a statement released Jan. 7, Kobayashi said the registration...
Russian Prosecutor General Coming for Civil Servants’ ‘Hidden Bitcoin’
11.12.2020
The building of the General Prosecutor's Office of the Russian Federation in Moscow. Source: Adobe/Андрей Журавлев
The office of the Russian Prosecutor General has redoubled its attempts to force government officials to declare their crypto holdings as part of a bid to wipe out corruption among...