Penalties keep stacking up — US lawyers are adopting AI faster than ever despite rising court sanctions for filing AI-hallucinated fake legal briefs

U.S. lawyers are filing AI-generated briefs with fictitious citations at an accelerating pace, court sanctions are setting new records, and the technology is spreading so deeply into legal software that experts say mandatory disclosure rules may already be obsolete. U.S.…

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Trump raises global tariff rate to 15%, but crypto markets are unfazed

US President Donald Trump is now using alternative legal routes to levy tariffs, but critics say his authority to impose them is still limited.

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Crypto developer protections don't belong in market structure bill, senators say

Legislative language which would grant some legal protections to crypto software developers, falls under the Senate Judiciary Committee, its leaders said.

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Citi and DTCC Say Tokenized Collateral Works and Now Regulators Must Keep Pace

As financial giants test cross-asset collateral, they say legal gaps — not tech — are the biggest threat to scale.

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Expert makes shock XRP price prediction and says these 3 coins are better placed for Q4 gains

Ripple (XRP) is back in the headlines after a prominent market analyst dropped a shock Q4 price prediction and it’s not exactly bullish. While XRP’s legal clarity and institutional traction keep it relevant, experts say bigger opportunities may be brewing elsewhere.

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Next crypto to hit $1? XRP took years, but analysts say a $0.035 coin could do it in months

The journey of XRP to $1 was anything but fast. Investors who believed in Ripple’s vision often waited years through legal battles, stalled adoption, and fluctuating crypto prices before finally seeing that milestone.

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Analysts say this $0.08 XRP alternative could surge to $5+ if Bitcoin price reaches $160K in 2025

Bitcoin price targets hit $160K as institutions pile in. XRP alternatives gain steam amid legal uncertainty. Remittix enables real-time crypto-to-bank transfers. Bitcoin price predictions are heating up, with major firms like Matrixport and 10x Research projecting a $160,000 target by year-end 2025.

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Stablecoin rules needed in US before crypto tax reform, experts say

United States cryptocurrency regulations need more clarity on stablecoins and banking relationships before lawmakers prioritize tax reform, according to industry leaders and legal experts.

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The SEC’s crypto task force is Hester Peirce’s big move, but legal experts say “the courts” could flip the table

Hester Peirce is on a mission to clean up the SEC’s crypto mess. But as her task force takes action, legal experts warn the real fight will be in the courts. A new era of crypto regulations For years, the…

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Ripple Counters SEC’s Opposition Brief With New Filing, What Does It Say?

Ripple has filed a new court document supporting its motion to strike new evidence in its long-running legal battle against the Securities and Exchange Commission (SEC). The crypto firm filed the initial motion on April 22, seeking to strike Andrea Fox, an accountant at the Commission, as one of the claimant’s witnesses.  Ripple Makes A […]

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How To Use Binance in Ontario? Is Binance Legal in Ontario?

In recent weeks, there has been much debate about whether Canadians are allowed to use cryptocurrency exchanges like Binance. While many people believe that these platforms are illegal in the country, some experts say that Canada is actually one of the most welcoming countries when it comes to cryptocurrencies.

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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.

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Bitcoin's Health May Hinge on a Legal Feud in Norway

Some developers say a lawsuit from pseudonymous bitcoiner Hodlonaut against Craig Wright, who claims to be Satoshi Nakamoto, is vital to the cryptocurrency’s growth.

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SEC Could Soon Settle With Ripple If These Two Key Scenarios Unfold, Say Crypto Legal Expert

As the contentious legal spat between Ripple and the U.S Securities and Exchange Commission (SEC) rages on, the crypto community's anticipation of reaching a potential settlement between the two parties is top of mind.

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With Crypto’s Blowups, TradFi Boasts Its Legal Rigor

Standard-setters say existing rules for lending securities should apply to crypto, too, noting they could’ve prevented Celsius-style messy breakups.

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SEC Smells Something Fishy About The NFT Market And Is Launching A Probe, Sources Say

In recent months, US Securities and Exchange Commission legal counsels have issued summons to the NFT market creators and other crypto exchanges, seeking additional information about their projects. The SEC, led by crypto doubter, Chairman Gary Gensler, is reportedly moving to investigate whether NFT developers and marketplaces are breaching securities rules, numerous news outlets disclosed […]

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Recruiters say crypto firms seeking leadership in engineering, legal and finance

Talent recruitment experts say that crypto firms are in dire need of the best leadership available to scale their businesses.

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Zimbabwe Says It Won’t Adopt Bitcoin as Legal Tender — But That’s Not Surprising

The government of Zimbabwe dismissed reports that it was planning to adopt bitcoin as legal tender. Many critics following the developments say this doesn't come as a surprise. The post Zimbabwe Says It Won’t Adopt Bitcoin as Legal Tender — But That’s Not Surprising appeared first on BeInCrypto.

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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.

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Why The SEC Might Have Just Dealt A Tremendous Blow To Ripple

It’s no secret that Ripple has been killing it when it comes to the legal scuffle with the United States Securities and Exchange Commission (SEC). The San Francisco-headquartered fintech firm has been on the run in recent months, to say the least.

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India Considering Declaring Bitcoin an Asset Class

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Can Stellar's XLM be seen as a security? Here's what SDF's Dixon has to say

The United States Securities and Exchange Commission [SEC] and Ripple have been the center of attention these days thanks to their involvement in a lawsuit that addresses the legal status of XRP. WithThe post Can Stellar's XLM be seen as a security? Here's what SDF's Dixon has to say appeared first on AMBCrypto.

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More crypto regulation is coming, industry execs say

After multiple years of heightened legal overwatch, the future may hold much of the same.

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Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police Extortion

The Venezuelan military has seized 315 Bitmain Antminer S9 bitcoin mining rigs it claims are not properly registered to operate in the country. Although cryptocurrency mining is legal in Venezuela, miners say they have been unfairly treated, citing illegal seizures of mining equipment and police extortion.

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5 Chinese Banks Say Legal Crypto Traders’ Accounts Will Not Be Frozen as Police Widen Crackdown

Following reports that Chinese authorities are freezing bank accounts of cryptocurrency traders, five banks have reportedly clarified their policies. They confirmed that accounts with legal crypto transactions will not be frozen.

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Craig Wright Stakes Claim to Hacked Mt. Gox Funds

In the latest installment of the Craig S. Wright (CSW) saga, lawyers representing the Australian computer scientist say that Wright owns the contents of two hacked Mt. Gox wallets. In a move that is currently attracting contempt from all quarters of ‘Crypto Twitter,’ CSW’s legal team is reportedly circulating a letter to several “stakeholders” in […] The post Craig Wright Stakes Claim to Hacked Mt. Gox Funds appeared first on BeInCrypto.

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?Freedom!? Indian Crypto Startups Say as RBI Removes Banking Barriers for Them

After a long crypto ban in India and a legal battle between crypto entrepreneurs and the RBI, the latter has given in and promised to allow startups to get back to work

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USA vs. Virgil Griffith: What We Know (and Don’t) in the Bombshell Crypto Sanctions Case

Prosecutors appear to have a strong case against Virgil Griffith, the ethereum developer charged with conspiring to aid North Korea, legal experts say.

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USA v. Virgil Griffith: What We Know (and Don’t) in the Bombshell Crypto Sanctions Case

Prosecutors appear to have a strong case against Virgil Griffith, the ethereum developer charged with conspiring to aid North Korea, legal experts say.

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Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Have the Final Say

A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security.

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The Blind Trust Described in the Kleiman vs. Wright Lawsuit Is a Real Head-Scratcher

There’s been a number of developments in the ongoing Kleiman vs. Wright lawsuit lately. After Craig Wright’s sworn deposition, the plaintiffs contend that Wright’s categorical refusal to answer questions about his bitcoin addresses and his marriage(s) needs to be reevaluated.

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The SEC Case Against Kik’s ICO Appears Strong, Experts Say

The SEC seems to have a strong case on the facts in its complaint against Kik and its 2017 token sale, according to legal experts.

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Protest Coin: Bitcoin’s Other Use Case

It’s just the cost of doing business in the banking world: white-collar criminals routinely walk away with huge profits after paying tiny legal penalties — not a bad profit-to-cost ratio for long-term success.

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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General

Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.

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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.

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Leaked Letter Exposes Infighting Atop Flagship Ethereum Project MakerDAO

The non-profit entity behind ethereum’s hottest decentralized startup is wracked with infighting, a legal letter obtained by CoinDesk reveals. The letter, dated April 1, is from an attorney representing five board members of the Cayman Islands-based MakerDAO Ecosystem Growth Foundation (MEGF) who say they were pressured to resign by CEO Rune Christensen in late March. […]

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On Free Speech

“A statement may be both true and dangerous. The previous sentence is such a statement. ” - David Friedman Freedom of speech is a topic that many internet communities have struggled with over the last two decades.

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German Blockchain Strategy Should Include Framework for Crypto Trading, Say Politicians

German parliamentary speakers argue that the country’s blockchain strategy should include an appropriate legal framework for cryptocurrency trading and token issuance

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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know

QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.

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First QuadrigaCX Monitor Report: $460k in BTC “Inadvertently” Sent to Cold Wallet

According to the latest court documents in the ongoing QuadrigaCX case, the exchange sent roughly $470,000 CAD (approximately $355, 000 USD) worth of bitcoin from a hot wallet to a cold-storage wallet on February 6, 2019.

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Lawyers for Israeli Crypto Entrepreneur Say White Paper Confers No Legal Responsibility

The lawyers of Moshe Hogeg, a major Israeli entrepreneur who is currently facing a lawsuit, claim that Stox’s white paper is a descriptive, non-binding document

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Can I Trust BitFury’s Peach Lightning With My Data? Maybe

Announced at the end of January, Bitfury’s production-ready suite of Lightning Network products and services, Peach, appears to offer everything a developer, user or merchant could want from a Lightning implementation.

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Can I Trust Bitfury’s Peach Lightning With My Data? Maybe

Announced at the end of January, Bitfury’s production-ready suite of Lightning Network products and services, Peach, appears to offer everything a developer, user or merchant could want from a Lightning implementation.

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Op Ed: Should You File a Foreign Bank Account Report for Bitcoin Holdings?

I had the opportunity to participate on a legal panel with David Silver at the Unconfiscatable: Bitcoin Not Blockchain Conference put on by Tone Vays in Las Vegas.

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When biometrics meets blockchain

Digital Identity is such a thorny problem, fraught with technical, legal, societal and political issues, because there are two different interrelated issues: Proving that you are who you say you are (aka access control).

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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele

Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses.

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Two congressmen propose to exclude digital currencies from definition of a security

On Thursday, two congressmen introduced a bill that would exclude digital currencies from the decades-old definition of a security, CNBC reported. The legal definition might seem like an insignificant change, but it has become a heated issue for those in the industry who say the law is outdated for a digital asset class. The “Token […]

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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.

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Cryptos Unlikely to Be Defined as Properties in Some Courts, Legal Experts Say

A research paper suggests it may not be legally possible to possess digital tokens in some jurisdictions, including England and Wales.

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