XRP Suffers Major Setback As Legal Expert Says Coin Set To Be Labeled A Security In California

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Lawyer Explains What Ripple’s Latest Court Win Means For XRP

On June 20, Ripple Labs Inc. scored a pivotal victory in its ongoing legal challenges, specifically in the federal class action suit filed in the Northern District of California. The case (4:18-cv-06753-PJH), presided over by Judge Phyllis J. дальше »

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Ripple faces new trial over alleged misleading 2017 statements by CEO Brad Garlinghouse

Ripple is set for new legal battles after a US judge in California approved a lawsuit against the crypto company regarding alleged misleading statements by its CEO, Brad Garlinghouse. This means the case would go to trial, and a jury would decide if the Ripple boss had misled investors into investing in the digital asset […] The post Ripple faces new trial over alleged misleading 2017 statements by CEO Brad Garlinghouse appeared first on CryptoSlate. дальше »

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U.S. States Take Legal Actions Against Crypto Lender Nexo for Alleged Unlawful Operations

Several U.S. states, including California, New York, and South Carolina, could take legal action against Nexo, a cryptocurrency lender platform. California DFPI issues a Desist The state of California, through the Department of Financial Protection and Innovation (DFPI), gave an… дальше »

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First Mover Asia: Bitcoin Struggles Following Inflation Report; California Crypto Bill Is an Overstep, Say Legal Experts

The bill would prohibit California-licensed entities from dealing with stablecoins, unless that stablecoin is fully-backed by securities and issued by a bank or licensed by the California Department of Financial Protection and Innovation. дальше »

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Charles Hoskinson Trolls Solana, SHIB Suggests Key Trend, DOGE as Legal Tender in California: Crypto News Digest by U.Today

Only the latest crypto news and updates in U.Today’s news digest! дальше »

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This U.S. Senate candidate wants to make Dogecoin legal tender in California

Timothy Ursich, a candidate for the US Senate, has revealed that he wants to make Dogecoin a legal tender in California.   Ursich explained that he intends to provide full and adequate support to the crypto industry by advocating for the mass adoption of the new financial technology. дальше »

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U.S. Senate Candidate Proposes Making Dogecoin Legal Tender In California

Timothy Ursich, a California Senate candidate, promises to make the popular meme coin Dogecoin legal tender in the state, even though the odds are stacked against him. дальше »

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Dogecoin as Legal Tender in California? This Senate Candidate Wants to Make It Happen

California candidate for U.S. Senate wants to gain traction with Dogecoin community ahead of June primary дальше »

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California Governor Announces Legal Framework for Crypto Adoption

The Governor of California has issued an executive order laying out the state's roadmap for crypto adoption in a first-of-a-kind move. The post California Governor Announces Legal Framework for Crypto Adoption appeared first on BeInCrypto. дальше »

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The dominoes are falling, California to considering Bitcoin as legal tender

Political advisor Ian Calderon and self-described Bitcoiner Dennis Porter are planning to introduce a bill making Bitcoin legal tender in the state of California. The post The dominoes are falling, California to considering Bitcoin as legal tender appeared first on CryptoSlate. дальше »

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California Lawmaker Proposes New Bill to Adopt BTC as Legal Tender

On Feb 19, 2022, Political advisor Ian C.Calderon tweeted that he and BTC expert Dennis Porter were working on a Bipartisan legislature. He said he introduced a bill that seeks to make BTC a legal tender in California. дальше »

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Survey: One-third of America’s Swing States Residents Want Bitcoin (BTC) as Legal Tender 

About one in every three Americans living in swing states including  Arizona, Texas, Wisconsin, California, Florida, Georgia, North Carolina, Ohio, Pennsylvania, and Virginia, say they want bitcoin (BTC) and other cryptocurrencies to be made legal payment options in their states, according to a report by Newsweek on September 20, 2021. дальше »

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US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2

The Northern California District Court finds that claims against Ripple Labs and its token made by two investors cannot be proven. The legal dispute, which began in May 2018, pitted Ripple Labs including CEO Brad Garlinghouse and disgruntled investors. дальше »

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TSLA Stock Up 1%, Newsom Not Worried about Elon Musk Moving Tesla Factory from California

Coinspeaker TSLA Stock Up 1%, Newsom Not Worried about Elon Musk Moving Tesla Factory from CaliforniaGavin Newsom, California Governor, is ‘not worried’ about CEO Elon Musk shifting Tesla out of the state as CEO faces legal battles over tweets. дальше »

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Crypto Exchange BitMEX Sued in US Over Alleged Money Laundering

Cryptocurrency derivatives exchange BitMEX is at the center of fresh legal troubles and is being sued in the United States. According to a complaint filed with the U.S. District Court for the Northern District of California, San Francisco Division, BMA LLC — the plaintiff — is suing BitMEX for alleged money laundering, wire fraud, and […] The post Crypto Exchange BitMEX Sued in US Over Alleged Money Laundering appeared first on BeInCrypto. дальше »

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Ripple’s Legal Woes Likely To Dampen XRP Growth Following Recent Court Ruling

On Feb 26, Judge Phyllis Hamilton of the Northern District of California ruled that the class-action lawsuit filed by investors claiming Ripple sold unregistered securities will move forward. The judge also noted that digital assets that do not fall under securities law will be subject to laws against unfair, deceptive, or abusive acts or practices […] дальше »

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Another copyright filed for Bitcoin whitepaper, mysterious figure challenges Craig Wright

Wei Liu, a Chinese citizen with a residence in California, filed a copyright claim to the Bitcoin Whitepaper with the U. S. Copyright Office. The mysterious figure is now a legal rival to Craig Wright, who claimed the same copyright last week. дальше »

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NYPD Enlists Bitcoin ATMs to Help Strangle Phone Scams

By CCN: Crypto-oriented phone scams are alive and well across the country. One sneaky tactic involves posing as law enforcement, a crime in and of itself,  and then blackmailing victims into paying Bitcoin to avoid legal troubles. дальше »

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Kim Kardashian: Trump’s Next Justice Department Pick?

Remember the “good old days” when becoming a lawyer required an education, hard work, and a history free of “sexcapades?” The legal world’s latest candidate, Kim Kardashian, might make people wonder if this has somehow changed. дальше »

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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax

Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency. дальше »

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Epic dances around legal issues with Fortnite emotes

Rapper 2 Milly yesterday revealed he was suing Epic Games, the creators of Fortnite, for copying his dance, the Milly Rock, in one of their emotes. The problem, he says, is not just that he’s not being fairly credited and compensated — it’s that he’s just one of several artists who’ve been treated this way by the game company. дальше »

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“Guidance by Enforcement”: How the SEC Is Slowly Shaping ICO Regulation

On November 27, 2018, a California judge turned back the SEC’s request for an injunction against token company BlockVest, a company the U. S. Securities and Exchange Commission (SEC) is pursuing for allegedly conducting an unregistered securities offering. дальше »

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$5 Million Lawsuit Against Bitmain Filed in Northern California

A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment. дальше »

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Ripple Files to Move Securities Lawsuit from State to Federal Court

Ripple’s legal team in their ongoing securities suit is attempting a new tack: to have the claim proceed at the federal level. In a move that legal commentator Jake Chervinsky described as “seriously crafty,” Ripple has filed a formal notice-of-removal motion to have their most recent securities suit, Zakinov et al v. дальше »

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Coinbase Lawsuit at a Standstill as Judge Grants Motion to Dismiss

The judge presiding over a class action lawsuit against Coinbase over allegations of insider trading has approved Coinbase’s motion to dismiss the suit. In March of 2018, Jeffrey Berk filed a class action lawsuit in the Northern District of California on behalf of himself and other investors against Coinbase. дальше »

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Blockvest ICO Being Sued By SEC

Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities. дальше »

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Corporate Records Can Go On Blockchain In California

The governor has signed into law a bill that makes it legal to put certain corporate records on a blockchain.

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Federal Election Committee Asked to Consider Crypto Mining for Political Contributions

OsiaNetwork LLC has reached out to the Federal Election Committee (FEC) in the hopes that it will allow computer sharing for crypto mining for campaign donations. Osia says it would like to be the platform in which volunteers share their computer power to mine cryptocurrencies, which are then donated to political campaigns of their choice. дальше »

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California Passes Two Pro-Blockchain Laws Amidst Support from Community

On September 28th, 2018, the state of California passed two blockchain bills into law. The two bills, each tabled by different members of the state’s legislative houses, define blockchain, cryptocurrencies, and allow innovations backed by this technology to have legal standing. дальше »

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Ripple and R3 Reach Settlement in Year-Long Court Case

A year-old legal battle between two of the crypto industry’s leading organizations is coming to a close. After a volley of countersuits that had the companies jumping from courthouse to courthouse, Ripple and R3 have brokered a settlement that will put the drama to rest. дальше »

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California Legislature Says Yes To Blockchain Bill Defining Crypto Terms

A draft law has been recently approved in California. The new law was designed to create the legal grounds for the implementation of technology related to cryptocurrencies. Called Assembly Bill 2658 and amends the California Corporations Code, Government Code and Civil Code to legalize the blockchain technology in the state for local and foreign commerce. […] дальше »

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California Passes Bill Defining Blockchain and Crypto Terms

A draft law designed to amend California’s legislation to create legal grounds for the implementation of crypto-related technologies has been passed by the state’s legislature. Assembly Bill 2658 amends the California Civil Code, Government Code, Corporations Code, and Insurance Code to legalize the use of blockchain secured data and smart contracts in local and foreign […] The post California Passes Bill Defining Blockchain and Crypto Terms appeared first on Bitcoin News. дальше »

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Ripple (XRP) Bullish Following Important Court Case Win

Following bullish trends in the market, the world’s third biggest cryptocurrency Ripple (XRP) is up almost 13 percent today following an important win in a court case filed with the Northern District of California. дальше »

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Ripple Wins One Skirmish, Rest of the War Still Ahead

Ripple scored a small victory in its ongoing legal defense when a San Francisco judge ruled against a motion to remand the case of Coffey vs. Ripple Labs to California state courts. However, the company associated with the third-largest cryptocurrency is still knee-deep in a fight which could have deep reverberations through the cryptocurrency space. дальше »

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State of California Passes Bill AB 2658 To Recognize Blockchain Records

California Assemblymember Ian C. Calderon of District 57 introduced blockchain bill AB 2658 on Feb 15, 2018. The bill proposed a legal framework and a definition of blockchain technology to provide California-based businesses with greater certainty. дальше »

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Additional Ripple Lawsuit Asserts that XRP is a Security

Distributed ledger startup Ripple is facing another class-action lawsuit tied to the legal classification of the XRP cryptocurrency. Filed by California resident David Oconer, the complaint names Ripple Labs, XRP II (Ripple’s licensed money services business), Ripple CEO Brad Garlinghouse and 25 unnamed persons affiliated with the firms as defendants. The suit claims: “Here, the дальше »

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