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Alex Mashinsky, the former CEO of the defunct Celsius Network, has failed to get two fraud charges dismissed from his indictment. A federal judge in New York ruled against Mashinsky’s motion, which alleged he manipulated the price of Celsius’s cryptocurrency,…
BTC
Bitcoin
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The U.S. Securities and Exchange Commission is urging a federal court to dismiss three defenses presented by cryptocurrency exchange Kraken in an ongoing lawsuit concerning alleged securities violations. The SEC’s motion, filed on November 5, challenges Kraken’s assertion that there…
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Prosecutors and the defense alike argued Caroline Ellison should be sentenced to time served—and without her, the scale of Sam Bankman-Fried’s crimes may never have been uncovered. Caroline Ellison was a key member of Sam Bankman-Fried’s inner circle, turning into…
Follow-up
Coinbase pressured the U.S. Securities and Exchange Commission over precise and transparent crypto regulation on Monday, Sept. 23. The leading cryptocurrency exchange in the U.S. and the financial regulator clashed in a federal appeals court in Philadelphia, according to a…
Follow-up
Instead of a crypto hub, Brock Pierce has created legal disputes and debts, with at least three lawsuits pending. According to The New York Times, Bitcoin (BTC) veteran Brock Pierce planned to revive Puerto Rico’s economy with cryptocurrency but became…
BTC
Bitcoin
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The State of Wyoming passed a landmark crypto bill to bring DAOs under the purview of existing laws and address pain points synonymous with decentralized organizations.
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The EOS Network Foundation (ENF) advises community members to carefully consider opting out of the $22 million settlement with B1 as the deadline approaches
EOS
EOS
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The EOS Network Foundation (ENF) is taking legal action against Block.one (B1), the team responsible who raised $4 billion in a year-long ICO
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Binance has appointed Eleanor Hughes as the new general counsel. Hughes will lead a battery of 85 lawyers
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BlockFi customers are pushing for $375m in cryptocurrency to be considered as customer property in the company's Chapter 11 case
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Meramask co-founder David Finlay has criticized a new use case for non-fungible tokens (NFTs) which saw the airdrop of an NFT Service Token to the wallet address of the defendant. ‘A Terrible Precedent’ In a tweet thread on Monday (June…
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Legal prosecutors in the United States have documented criminal accusations blaming four originators and heads for BitMEX, one of the world’s biggest cryptocurrency subordinates trades, of dodging rules intended to stop tax evasion. BitMEX in Troubled Waters The Department of…
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Documents from earlier this week showed crypto-finance firm Circle froze a certain USDC address tied to illicit activity, Coindesk reported Thursday. Blocking $100k Circle confirmed the news earlier this week. The so-called Central Consortium blacklisted address – which transferred over…
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The Winklevoss Twins had sued Bitcoin entrepreneur Charlie Shrem for defrauding them of at least 5,000 Bitcoin worth of $31 million at the time of filing suit. Lawyer Tyler Meade misled them into making “legal missteps” that lead them to…
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JAMS Leads the Way in Arbitration Innovation by Introducing Blockchain and Cryptocurrencies Practice
Alternative dispute resolution (ADR) group JAMS is trying to get ahead of the curve by launching a practice that specifically focuses on issues involving cryptocurrencies, blockchains, and smart contracts, the company announced in a press release on September 7, 2018.…
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As the societal applications of blockchain technology continue to grow, the world is now seeing the once conservative field of law being infiltrated with this innovative technology. Infiltrated may not be the proper term as the Internet Court of Hangzhou…
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