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Facebook finally faces GDPR lawsuit after getting shot down in Austrian court
A GDPR case against Facebook, launched by Austrian privacy activist Max Schrems, has been deemed legal under EU law after the Austrian Supreme Court’s ruling, ComputerWeekly reports. Why is this a big deal? Because Facebook has been trying to block this case for five years, and winning a ruling against one of the richest companies in the world is huge news. дальше »
2019-6-12 18:06 | |
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Bitcoin Bull John McAfee Warns US Government: ‘I Will Bury You’
By CCN Markets: Bitcoin millionaire John McAfee — who’s a fugitive from the law for tax evasion — derisively taunted the U. S. government on Twitter. McAfee warned them to leave him alone or he will “f***ing bury” them. дальше »
2019-6-10 05:30 | |
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Bitcoin and RBI: Is It A Case Of Murphy’s Law For BTC Supporters?
Bitcoin drop 7. 4 percent Reserve Bank of India could get a boost with the latest draft bill proposing more stringent measures against crypto investors and developers. Yesterday’s FUD that India’s legislators are proposing a ban of cryptocurrency mining, trading or holding did expose RBI’s underbelly. дальше »
2019-6-8 20:00 | |
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SEC’s allegation against Kik is gross mischaracterization and misleading of the facts, says Ted Livingston
Recently, Ted Livingston, the CEO of a Canadian-based messaging startup, Kik, spoke about the reason they were being sued by the United States Securities and Exchanges Commission, in an interview for CNBC Crypto Trader. дальше »
2019-6-9 18:30 | |
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The SEC's Case Against Kik Could Have Ramifications For Other 2017 ICOs
As more details have emerged regarding the case the US Securities and Exchange Commission has built against Kik and its Kin token ICO, the odds seem stacked in the agency's favor. A legal win for the SEC could spell trouble for other ICOs that were held around the same time. дальше »
2019-6-6 18:48 | |
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The only person with the power to fire Zuckerberg is Zuckerberg himself
The revolt against Facebook is gathering momentum, but CEO Mark Zuckerberg can rest easy for the time being. Amid calls for more scrutiny over Facebook‘s business practices in the wake of one privacy mishap after the other, shareholders of the company made a case for Zuckerberg’s ouster as Facebook‘s chairman. дальше »
2019-6-5 09:45 | |
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Peter McCormack Receives Astounding Support From Crypto Community In Case With Craig Wright
Peter McCormack Receives Astounding Support From Crypto Community In Case Against Craig Wright One of the “victims” of Dr. Craig Wright’s many lawsuits, Peter McCormack, is now being offered a lot of support from many people in the crypto community. дальше »
2019-6-3 21:00 | |
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Jameson Lopp offers to testify against Craig Wright in McCormack’s libel case
Peter McCormack, the host of the “What Bitcoin Did” podcast, has seen increased support from the crypto community in his fight against Craig Wright’s libel lawsuit. The podcaster received immense support on social media, with industry heavyweights such as Bitcoin developer Jameson Lopp, TechCrunch founder Michael Arrington, and cryptoanalyst Josh Rager. дальше »
2019-6-2 09:31 | |
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Man Sentenced for Illegal Money Transmission Services on LocalBitcoins
U. S. citizen Morgan Rockcoons has been sentenced to fines and prison time for running unlicensed money exchange services on LocalBitcoins. Advertising himself on the peer-to-peer bitcoin trading network, Rockcoons made more than 1,000 transactions with hundreds of different users. дальше »
2019-6-1 18:55 | |
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Five Keys to Inner Strength From Five Years in Prison
October 1, 2018, marked five years since I was imprisoned. My physical surroundings today are ironically similar to what they were after my arrest back in 2013. I’m in the SHU again (Special Housing Unit, aka “the hole”). дальше »
2019-5-29 22:50 | |
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SEC Sues California Operator Behind $26 Million Crypto Pyramid Scam
By CCN: On Thursday, the U. S. Securities and Exchange Commission (SEC) filed a civil injunctive action against the operator of an alleged pyramid scheme that raised $26 million from investors. The defendant in the case is Daniel Pacheco, 45, a resident of San Clemente, California who has been charged by the SEC with selling unregistered securities as well as operating a multimillion-dollar cryptocurrency pyramid scheme. дальше »
2019-5-28 09:16 | |
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BNC Research: Crypto asset investment strategies in a negative inflation environment
With central banks worldwide removing cash from society in favor of Central Bank Digital Currencies, and negative interest rates turning traditional investment strategies on their head, digital assets present a compelling use case as a hedge against extraordinary global monetary policy and capital surveillance дальше »
2019-5-28 01:00 | |
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Israeli Court Orders Bitcoiner to Pay Nearly $900,000 for Tax Evasion
The Israel Tax Authority has won a court case against Noam Copel, a Bitcoin investor and founder of a blockchain startup called DAV, who bought the cryptocurrency in 2011 and sold it in 2013 with a profit of NIS 8. дальше »
2019-5-24 18:00 | |
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Dutch Authorities Shut Down Bestmixer
The Dutch Financial Intelligence and Investigation Service (FIOD) has shut down cryptomixing site Bestmixer. io. According to local media, Dutch authorities moved to shut down the site on May 22, 2019, as part of a joint operation with police agencies from several European nations, including France, Latvia and Luxembourg. дальше »
2019-5-22 21:13 | |
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Bitfinex And Tether Ask For Dismissal Of New York Attorney General Lawsuit
Explaining that their businesses have nothing to do with New York investors and that the New York attorney general has yet to identify any victim, Bitfinex and Tether asked that New York Supreme Court Judge Joel M. дальше »
2019-5-22 18:16 | |
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Bitfinex Tether Court Case Update: Lawyers Push For Dismissal, Say NYAG Lacks Personal Jurisdiction
Lawyers representing renowned crypto exchange, Bitfinex, and its subsidiary stablecoin company, Tether, have ordered a motion to dismiss the case brought against them by the New York Attorney General’s Office. дальше »
2019-5-22 14:52 | |
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Craig Wright Files Copyright Claim for Bitcoin Whitepaper
In an unsurprising update, Craig Wright has been granted a copyright claim over Satoshi’s original Bitcoin whitepaper. The nChain chief scientist shot to fame for claiming and to be Satoshi Nakamoto, the original inventor of Bitcoin. дальше »
2019-5-22 12:47 | |
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Bitfinex and Tether (USDT) Attempt Dismissal of NYAG Case
Cryptocurrency exchange Bitfinex and Tether have moved for a case dismissal of the suit pending against them by the New York Attorney General’s office. According to court filings on May 21, the lawyers of Bitfinex. дальше »
2019-5-22 03:56 | |
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Bitfinex Pleads To Judge Why Dismissal In NYAG Case Is Warranted Due To No Customers In The State
Bitfinex Argues That Judge Should Dismiss NYAG Case The Bitfinex/Tether case has reached a new point right now. The representant for both companies has decided to ask the current judge of the case to dismiss the case created by the New York Attorney General against the company. What is their reason for this? The company […] дальше »
2019-5-22 01:06 | |
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Tether Partly Backed by Bitcoin, Court Transcription Reveals
Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets. дальше »
2019-5-22 23:02 | |
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Court Dismisses Lawsuit by Aggrieved ICO Investors Against Floyd Mayweather and DJ Khaled
In a new development regarding the lawsuit brought against Floyd Mayweather and DJ Khaled by some aggrieved Centra Tech ICO investors, a US federal judge has dismissed the case. According to a court document on May 13, 2019, the judge granted an omnibus order on motion to dismiss, on the grounds that the plaintiffs’ decisions were notRead MoreRead More. дальше »
2019-5-16 15:00 | |
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Tether and Bitfinex Ask New York Attorney General for Fund Accessibility
Attorneys for Tether and Bitfinex are hoping to get the former access to its reserves amid a legal dispute with New York Office of the Attorney General (NYOAG). In a letter sent to the New York County Supreme Court, attorneys representing iFinex (the parent organization of Bitfinex) and Tether took issue with the restrictions that had been placed on Tether's transactions with related parties as part of an ongoing case against them, stating that the NYOAG had no basis for disallowing tether (USDT) holders and other affiliated entities from redeeming their tokens. дальше »
2019-5-16 18:51 | |
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ICO fraud update: DJ Khaled and Mayweather walk free, Kevin Hart next to be investigated
The US Court for the Southern District of Florida has dismissed the case of initial coin offering (ICO) fraud against DJ Khaled and boxer Floyd Mayweather. The court decided that despite Khaled and Mayweather shilled defunct cryptocurrency firm CentraTech (and its associated ICO of CTR tokens) on their social media profiles, they did not play a big enough role in its promotion to warrant further legal action. дальше »
2019-5-15 17:05 | |
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DJ Khaled and Floyd Mayweather Successfully Escape ICO Fraud Lawsuit
By CCN: A federal court has dismissed a lawsuit against Floyd Mayweather, DJ Khaled, and the proprietors of Centra Tech, an ICO that centered around the launch of a crypto debit card. Mayweather and Khaled were compensated for using their vast social media presence to promote the ICO. дальше »
2019-5-15 10:50 | |
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Federal Judge Dismisses ICO Lawsuit Against Floyd Mayweather And DJ Khaled
Federal Judge Robert Scola found that the plaintiffs in the case failed to prove they had participated in the Central Tech initial coin offering as a direct result of Floyd Mayweather or DJ Khaled's promotions of the ICO. дальше »
2019-5-15 19:06 | |
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Supreme Court ruling means Apple could face lawsuits from lots of angry customers
The United States Supreme Court ruled this week that users could sue Apple for allegedly monopolizing the App Store and driving up the price of apps. This means that, if you’re so inclined, you could bring suit against Apple for overcharging you. дальше »
2019-5-14 23:12 | |
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Apple Stock Plunges 5% After Supreme Court Deals iPhone Maker a Crushing Blow
By CCN: Apple stock plunged more than 5 percent on Monday after the Supreme Court ruled 5-4 against the consumer electronics giant in a case revolving around its App Store. The decision will open the doors to an antitrust suit against the company, brought by iPhone users. дальше »
2019-5-13 19:34 | |
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NY’s Bitcoin Bandit ordered to pay $75M to SIM-swap victim
Michael Terpin, the Bitcoin investor who had $24 million worth of cryptocurrency stolen from him in a SIM-swapping hack, has been awarded a payout three-times the size of his original loss. Los Angeles Superior Court has ordered New York-based Bitcoin Bandit Nicholas Truglia to pay Terpin $74. дальше »
2019-5-13 17:18 | |
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Crypto Asset Investor Receives $75.8 Million in SIM Swapping Case in California Superior Court
In the United States, the crypto investor Michael Terpin won $75. 8 million in a civil case against Nicholas Truglia, who defrauded him of crypto assets. The information was reported by Reuters on May 10. дальше »
2019-5-12 19:20 | |
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Deepdotweb Duo Indicted for Linking to Darknet Markets
Federal indictments unsealed on May 8 have revealed further details of the case against Deepdotweb’s operators. Tal Prihar, 37, an Israeli citizen residing in Brazil, and Michael Phan, 34, an Israeli in Tel Aviv, have technically been charged with money laundering. дальше »
2019-5-10 12:52 | |
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Craig Wright’s Wife Nets Legal Victory in Quest to Reclaim Lost Bitcoin
By CCN: Craig Wright’s wife, Ramona Ang, sued a Cypriot futures exchange, UFX, for closing her account in August 2017 and effectively throwing a wet blanket on her investment goals. The exchange also refused to allow her to withdraw the funds she had used to invest in Bitcoin futures. дальше »
2019-5-8 21:28 | |
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New York Judge Criticizes Attorney General Claims Against Bitfinex, Tether
A New York judge has partially sided with Bitfinex and Tether in the ongoing court case
дальше »2019-5-7 14:00 | |
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Riot Games Scandal Exposes ‘League of Legends’ Creator’s True Colors
By CCN: As a fervent gamer and fan of Riot Games’ flagship product, “League of Legends,” I am both ashamed and disgusted to realize I’ve devoted hundreds of hours to a company who prefers to silence employees, rather than deal with issues transparently. дальше »
2019-5-6 20:00 | |
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Craig Wright Ordered to Produce a List of Early Bitcoin Addresses in Kleiman Lawsuit
On April 28, the high profile Kleiman v. Wright lawsuit heated up when the plaintiffs alleged Craig Wright submitted forged evidence before the court. Following the recent response against Wright’s motion to dismiss the case, the plaintiffs also filed an order which demands a list of Wright’s public bitcoin addresses as of Dec. дальше »
2019-5-4 20:02 | |
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Detention Memorandum Issued against Bitfinex Linked Crypto Capital
The United States Department of Justice has moved the District Court of Arizona to stay a detention memorandum against Crypto Capital and Reginald Fowler concerning the ongoing case against Bitfinex. дальше »
2019-5-4 01:00 | |
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Expert Witness Testifies Against Craig Wright in Whopping $10 Billion Satoshi Nakamoto Lawsuit
By CCN. com: An expert witness has filed an affidavit in the Kleiman v. Wright case, which alleges that Craig Wright stole billions of dollars worth of bitcoins from Dave Kleiman either before or after he passed away. дальше »
2019-4-30 19:26 | |
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Can we trust Ireland to enforce GDPR on big tech?
GDPR is complicated business; even people like me who try to keep up with all its developments struggle to understand this mammoth set of European regulations and its effects. I believe one of the main reasons for that is we’ve yet to see a proper GDPR case being brought against big tech companies like Facebook and Google — the companies GDPR should protect us from. дальше »
2019-4-30 14:06 | |
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Mt.Gox Bitcoin Distribution Drags On as CoinLab Wants $15 Billion
Findings by investigative platform WizSec uncovers new details in the civil rehabilitation case against CoinLab and Mt. Gox as CoinLab seeks $15 billion USD in damages plus an extra $1,127,731,005 each year the proceedings drag out past June 2018. дальше »
2019-4-29 10:00 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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Kraken, Bitmain Seek Dismissal in Bitcoin Cash-Fueled UnitedCorp Case
By CCN: Both Kraken and Bitmain have asked a federal court in Florida to dismiss a lawsuit against them brought by UnitedCorp, the news of which CCN broke back in December. The UnitedCorp lawsuit, broadly speaking, accuses Bitmain, Kraken, and others in concert with Roger Ver of conspiring to manipulate the Bitcoin Cash price and deviate from network consensus by “winning” the hash war. дальше »
2019-4-23 04:32 | |
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Judge Dismisses Winklevoss Lawsuit Against Charlie Shrem
Judge Jed Rakoff of the US District Court for the Southern District of New York dismissed the Winklevoss case against Charlie Shrem in which the twins allege Shrem stole $26 million worth of cryptocurrency. дальше »
2019-4-19 19:23 | |
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Winklevoss Twins Reach Settlement With Charlie Shrem
The Winklevoss twins reached a settlement with Charlie Shrem on April 16, 2019, declaring that their case against him has been dismissed with prejudice and will not be reopened. дальше »
2019-4-18 23:23 | |
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MIT scientist’s ‘Simulation Hypothesis’ makes compelling case for The Matrix
Is this the real life? Is this just fantasy? Are angels really AIs sent to monitor us on behalf of the programmers responsible for our creation? MIT computer scientist Rizwan Virk tackles these mind-boggling questions and many more in his new book ‘Simulation Hypothesis. дальше »
2019-4-16 21:34 | |
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