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US rules cryptocurrencies are commodities in $6M fraud case
The US Federal Court has ruled that virtual currencies (like Bitcoin) are commodities – like coffee or oil. The judgement comes as part of a wider commodities fraud case, involving an (allegedly) illegitimate cryptocurrency called My Big Coin (MBC). дальше »
2018-10-4 13:04 | |
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CFTC Chairman Says Crypto is ‘Here to Stay’, Federal Court Declares Virtual Currencies are Commodities
In an interview with CNBC’s Fast Money on Monday, Commodity Futures Trading Commission (CFTC) Chair J. Christopher Giancarlo discussed cryptocurrencies, saying he thought they were here for the long haul. дальше »
2018-10-4 01:47 | |
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Dysfunctional Indian Supreme Court Keeps Adjourning the Crypto Case, Will it Ever Be Heard?
India’s crypto industry was on edge this September 10th as they awaited a potentially historic decision by the Supreme Court on a banking crypto ban by India’s Central Bank. The... The post Dysfunctional Indian Supreme Court Keeps Adjourning the Crypto Case, Will it Ever Be Heard? appeared first on Trustnodes. дальше »
2018-10-3 16:51 | |
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Crypto Platform 1Broker Seeks Much-Needed Legal Support After SEC, FBI Shutdown
Marshall Islands-based 1Broker has been in a flurry as of late, as the crypto-focused investment services provider came under heavy fire from the top guns of the free world, American regulators and their closest compatriots. дальше »
2018-10-2 14:00 | |
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SEC Charges Forex Broker for Illegal Securities Swaps Involving Bitcoin
In what seems like the first coordinated strike from government agencies, the U. S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Federal Bureau of Investigation (FBI) have taken action against a securities broker for violating federal laws in connection with security-based swaps funded by bitcoin. дальше »
2018-9-29 22:29 | |
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U.S. Judge Rules Cryptocurrencies Can Be Treated as Commodities
In a court case of fraud allegations against My Big Coin Pay, a federal judge ruled that cryptocurrencies can be treated as commodities, even as legal discussions over its asset status continue. As reported by Reuters on Sept. дальше »
2018-9-28 21:17 | |
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Ether is ‘Property’ And ‘Should Be Protected By Law,’ Says Chinese Court
A court in China has ruled Ether (ETH) is “property” and should come under the protection of the law in a landmark case this week. China Legislators: We ‘Cannot Deny’ ETH Status Details of the decision appeared in local media outlet Baidu September 27 and were subsequently translated by social media commentator cnLedger. дальше »
2018-9-28 21:00 | |
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Shanghai Hongkou District Court: Ethereum Is Protected by Law
According to Shanghai Hongkou District Court’s statement in a recent crypto-related case, Ethereum and other virtual currencies are not considered as money. However, they are still protected by the law which views them as “property. дальше »
2018-9-28 14:16 | |
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‘Devil’s Triangle’ Wikipedia entry edited by anonymous Congressional staffer during Kavanaugh hearing
Supreme Court nominee Brett Kavanaugh today met with the Senate Judiciary Committee to discuss allegations of sexual assault and attempted rape. His accuser, Christine Blasey Ford, testified before members of the committee to tell her story, one that included allegations that Kavanaugh, then a high school student, drunkenly fondled her before attempting to remove her clothes. дальше »
2018-9-28 01:20 | |
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Federal Judge Rules Cryptocurrency MBC Is a Commodity
In a landmark case for the cryptocurrency industry, a federal judge has ruled that a cryptocurrency caught in the midst of a lawsuit is a commodity, court documents reveal. дальше »
2018-9-28 23:15 | |
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Blockchain.com Accuses Blockchain.io of Misleading Customers by Using Similar Domain Name, Logo, Site Colors, Tagline
They say imitation is the sincerest form of flattery, but for the crypto wallet provider Blockchain, with the blockchain. com domain, copying its business name is not a flattering matter at all. The company just lodged a complaint in a US court against another website accusing it of attempted deception and trying to mislead customers into […] Blockchain. дальше »
2018-9-27 15:49 | |
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US Regulator Moves to Sanction Plexcoin’s Lacroix and Paradis-Royer
United States Security and Exchange Commission (SEC) is reportedly seeking further sanction against alleged crypto scammers Dominic Lacroix and Sabrina Paradis-Royer of Plexcoin fame. According to Maria Nikolova of Financefeeds, the two continue to defy court orders. дальше »
2018-9-27 15:25 | |
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Russian Crypto Groups in Telegram Increase Membership Despite Ban
The members of crypto-related Telegram channels have increased in number since the messenger was banned by a Moscow court in April, according to a study covering the top 50 Russian language groups. дальше »
2018-9-26 05:15 | |
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Mt. Gox Trustee Confirms He Sold off $230 Million in Cryptocurrency
A man known as “Tokyo Whale,” for the enormous amount of bitcoin he controls, confirms he unloaded another big chunk of it earlier this year. Nobuaki Kobayashi, the trustee of now-defunct Tokyo exchange Mt. дальше »
2018-9-25 19:54 | |
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Supreme Court Of India Set To Finalise Bitcoin Verdict
We are edging ever closer to a final decision being made on the status of cryptocurrencies within India. As it stands, the Reserve Bank of India (RBI) have essentially banned cryptocurrency. As a result of this, the community have led a charge for the decision to be overturned, which in turn has led to a case being brought into the Supreme Court of India. дальше »
2018-9-25 16:30 | |
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Blockchain.com sues cryptocurrency wallet imitating its website
Blockchain.com, one of the old-timers of the cryptocurrency market and the leader among the online wallets for bitcoin users, filed with the South District court of New York on allegedly fraudulent crypto-wallet trying to imitate design and domain of Blockchain.com дальше »
2018-9-24 13:35 | |
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RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision
The Reserve Bank of India has filed an affidavit with the country’s supreme court in response to one of the petitions against its crypto banking ban. The central bank reportedly argues that it has acted within its power and that none of the petitioners have shown reasonable grounds for the supreme court to intervene. дальше »
2018-9-24 02:25 | |
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Top Cryptocurrency Coins Are Challenging MasterCard and Visa’s Merchant Payment Duopoly
How Cryptocurrencies Are Challenging The MasterCard And Visa Duopoly It is unheard of for a multinational, let alone two multinational heavyweights to lose out in a court case. What is even rarer, is when the court case forces them to part with settlement costs totalling $6 billion. Earlier this week, the Business Press released a […] дальше »
2018-9-21 20:06 | |
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Cryptocurrencies Challenge The Visa And Mastercard Duopoly
It’s a rare thing indeed when two multinational heavyweights come out the worse in a court case. Even rarer when the settlement costs them collectively over $6bn. The business press reported earlier this week that Visa and Mastercard, along with a sprinkling of banks, would pay a class of more than 12 million merchants a […] The post Cryptocurrencies Challenge The Visa And Mastercard Duopoly appeared first on Crypto Briefing. дальше »
2018-9-21 20:50 | |
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3D-printed gun advocate Cody Wilson charged with child sexual assault
Cody Wilson, an active proponent of 3D-printed guns, has been accused of having sex with an underage girl in Austin, Texas – which amounts to child sexual assault, as the victim is under 17. And now, a judge has signed an arrest warrant with Wilson’s name on it. дальше »
2018-9-20 07:29 | |
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US Confiscates Millions in Cryptocurrencies in Alphabay Forfeiture Case
This month the US District Court of Eastern California has been very busy dealing with cases involving the infamous and now defunct darknet marketplace the Alphabay. The Federal courthouse in Fresno just recently wrapped up the forfeiture case involving the alleged Alphabay leader Alexandre Cazes. дальше »
2018-9-19 01:30 | |
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CEO of GAW Miners, Sentenced to 21 Months in Prison
Homero Joshua Garza, CEO of the infamous crypto-related company GAW Miners, was convicted of fraud and sentenced to 21 months in prison by the Hartford Federal Court. Information published in an article by Hartford Business, says Mr. дальше »
2018-9-15 07:03 | |
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RBI Ban Hearing Delayed – Indian Supreme Court Too Busy for Crypto This Week
All petitions against the crypto banking ban by the Reserve Bank of India (RBI) are supposed to have been heard by the country’s supreme court on September 11. However, the court has been busy every day this week and has postponed the RBI ban hearing. дальше »
2018-9-15 00:10 | |
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India Update: RBI Claims Court Can’t Recognize Crypto as Currency Due to Existing Laws
The Reserve Bank of India has continued is tirade against the legalization of cryptocurrencies by filing an affidavit to the country’s supreme court. The Supreme Court will be holding a hearing on the case of legalizing cryptocurrency on September 17th, at which time the affidavit will be reviewed. дальше »
2018-9-14 22:00 | |
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Uyen T Nguyen: Young Vietnamese Woman’s Satoshi Nakamoto Court Case Involvement
Who is Uyen T Nguyen, the Young Vietnamese Woman Involved in the Satoshi Nakamoto Court Case? Earlier this year, it was revealed that the estate of Dave Kleiman was suing Craig Wright for $10 billion. дальше »
2018-9-13 17:48 | |
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Mt. Gox Victims Must Go To Tokyo, Not US
The Mt. Gox exchange hacks still lurk in the air despite its implosion four years ago in 2014. The United States District Court for the Eastern District of Pennsylvania determined recently it doesn’t have jurisdiction in a case that involves Gox victims and a closely associated bank, in effect condemning the victims to redress their problems at the scene of the crime which is in Tokyo, not the US. дальше »
2018-9-13 13:30 | |
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Mt. Gox Victims Must Take Claims to Tokyo, Not US, Judge Rules
Since its implosion back in 2014, the Mt. Gox exchange hacks continue to loom large within the cryptocurrency ecosystem. The U. S. District Court for the Eastern District of Pennsylvania determined recently it does not have jurisdiction in a case involving Gox victims and a bank closely associated, in effect condemning victims to redress their grievances […] The post Mt. дальше »
2018-9-13 09:40 | |
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Here’s What One Judge’s Decision Means for the Future of Cryptocurrencies
The world of crypto can be wild and unpredictable. After all, it originally drew a following from those looking to escape overreaching financial institutions and governments. But now, a recent court ruling might give a federal agency the power to rein in cryptocurrencies like Bitcoin and Ethereum — should it decide to use it. дальше »
2018-9-13 00:08 | |
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Ripple And R3 Reach Settlement After 12-Month Court Case
After an ongoing court battle between Ripple Labs and the R3 Consortium, which initially began over an agreement for R3 to purchase five billion XRP, a settlement has finally been reached.
дальше »2018-9-13 23:57 | |
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Ripple and R3 Reach Settlement After 12 Month Court Case
After an ongoing court battle between Ripple Labs and the R3 Consortium, which initially began over an agreement for R3 to purchase five billion XRP, a settlement has finally been reached.
дальше »2018-9-13 23:57 | |
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Federal Judge Applies Long-Established Securities Law to ICOs
Does a decades-old securities law apply to an initial coin offering (ICO)? In a case that represents the first time securities laws have been applied to cryptocurrencies, a district judge says it may. дальше »
2018-9-12 22:09 | |
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Google fights global expansion of the EU’s right to be forgotten
Google is fighting French lawyers in the European Union court to avoid expanding the scope of “right to be forgotten” judgment globally. The company said that broadening the scope is “completely unenvisagable” and “imposing on the values of different countries. дальше »
2018-9-12 14:15 | |
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Billion Dollar ICO Industry Governed by Securities Law, Judge Rules
U. S. V. Zaslavskiy, 17-cr-0647, U. S. District Court for the Eastern District of New York (Brooklyn), just might go down as a definitive case for cryptocurrency enthusiasts. Many, many billions of dollars generated through initial coin offerings (ICOs) are now, according to a federal judge, considered under the jurisdiction of securities laws. дальше »
2018-9-12 12:35 | |
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US Court Ruling: Initial Coin Offerings Covered by Securities Law
A new ruling by a federal judge in New York has put Initial Coin Offerings under the umbrella of securities law, in a first-of-its-kind legal case against a man charged with promoting digital currencies that were supposedly backed by non-existent real estate and diamonds. дальше »
2018-9-12 22:00 | |
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Blockchain Records to be Accepted as Legal Evidence: China’s Supreme Court
The court said that blockchain records will be used to authenticate the evidence as it provides a secured, efficient, convenient and low-cost alternative to third-party organizations. The post Blockchain Records to be Accepted as Legal Evidence: China’s Supreme Court appeared first on CoinSpeaker. дальше »
2018-9-12 21:45 | |
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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 »
2018-9-12 21:26 | |
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Court Rules Alleged Perpetrator Of Fraudulent ICOs Can Be Prosecuted Under Securities Law
A federal judge has ruled against the defendant’s motion, which argued that two allegedly fraudulent ICOs should not be prosecuted as a securities violation.
дальше »2018-9-12 21:15 | |
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Beware The Lies: Bloomberg Misrepresents Judge’s Ruling
A court in the USA has today ruled that tokens sold during ICOs count as securities under federal law, according to Bloomberg, which stated in an article that “Federal prosecutors won a key legal victory when a judge ruled that U. дальше »
2018-9-12 21:09 | |
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Blockchain-Verified Evidence Now Admissible in Chinese Courts Following Supreme Court Decision
The South China Morning Post on September 10, 2018, reported that where China has traditionally been dependent on third-party notary organizations for authenticating evidence, blockchain records are now admissible in Chinese courts as authorities set up one of the world’s most advanced resolution systems for internet-related disputes. дальше »
2018-9-11 19:00 | |
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