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Two U.S. crypto trade groups have sued three Illinois officials to stop a 0.2% digital asset tax from taking effect on Jan. 1, 2027. Illinois crypto tax faces six legal claims The 39-page complaint, filed by the Blockchain Association and…
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Two crypto trade groups sued Illinois to block its 0.2% digital asset tax before exchanges and custodians begin collecting it in 2027.
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A federal judge kept Justin Sun’s individual World Liberty claims in court while both parties determine which company claims face arbitration.
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RedotPay has reportedly delayed a planned US initial public offering that could raise more than $1 billion as the Hong Kong stablecoin payments company works through regulatory approvals and legal disputes while preparing to enter the US market. Bloomberg reported…
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Arizona’s crypto ATM law helped 35 scam victims recover $171,332, as its 30 day refund rule offers a U.S. alternative to kiosk bans.
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The Intercept and Freedom of the Press Foundation have sued President Donald Trump over a Truth Social service charging up to $100,000 monthly for faster access to posts that may move U.S. financial markets. Truth Social lawsuit targets preferential access…
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FlightAware has voluntarily dismissed its lawsuit against prediction market operator Kalshi just one day after accusing the company of improperly using its flight data and trademark for cancellation contracts. According to a Tuesday filing with the U.S. District Court for…
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CFTC invokes emergency powers to keep Kalshi operating as New York seeks at least $36 billion and broad restrictions on event contracts.
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Flight tracking company FlightAware has sued Kalshi over flight-cancellation prediction markets that rely on its data, seeking court orders to stop the platform from using its information and brand in connection with the contracts. FlightAware, in a complaint filed Monday,…
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Binance has sued RedotPay and its co-founders for nearly $473 million, alleging the company diverted more than 470,000 Binance Card users in breach of a commercial agreement. Bloomberg, citing a Hong Kong court filing it obtained, reported on Wednesday that…
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Shaw Walters, founder of Eliza Labs and the open-source ElizaOS framework, has declared the Eliza token “dead” and confirmed the foundation has begun winding down after settling a lawsuit by transferring its remaining treasury and available funds. According to a…
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Kalshi has partnered with compliance technology provider Comply to help financial firms monitor employee activity on prediction markets as the platform expands its institutional business while fighting a multibillion-dollar lawsuit in New York. Kalshi adds employee trade surveillance The partnership…
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Kalshi CEO Tarek Mansour compares the platform to Nasdaq as New York’s $36 billion gambling lawsuit shifts into federal court after removal.
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Telegram has faced legal action in Australia after the country’s online safety regulator accused the messaging platform of failing to remove terrorist and extremist content despite repeated notices. According to Australia’s eSafety Commissioner, the regulator has commenced Federal Court proceedings…
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BitMEX has been hit with a proposed class action lawsuit in the United States accusing the cryptocurrency derivatives exchange of engineering customer liquidations that allegedly allowed it to retain hundreds of Bitcoin before its planned September shutdown. Court filings in…
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The Digital Chamber has challenged Illinois’ new 0.2% digital asset transaction tax in court, arguing that the law unfairly targets blockchain-based commerce and violates constitutional protections. According to a complaint filed Tuesday in an Illinois circuit court, crypto trade association…
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