Midjourney, other AI devs strike back in court, claiming their material is not similar to artists

The response by the artificial intelligence firms raises questions about how copyright law principles such as authorship, infringement and fair use will apply to content created or used by AI. дальше »

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U.S. Government Allows the Bulk of Voyager-Binance.US Deal to Proceed

A new court filing suggests non-contentious elements of the $1 billion deal could go ahead even before an appeal is heard. дальше »

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Judge combines Silvergate and FTX lawsuits over alleged ties

A court in California has consolidated three investor claims against FTX and Silvergate bank over allegations of the two firms having ties amid both of them filing for bankruptcy. дальше »

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Hong Kong High Court's latest ruling could change the way we look at crypto...

A Hong Kong judge ruled that crypto could be defined as property and can be held in trust. Defunct crypto exchange Gatecoin looked towards the Hong Kong High Court to seek guidance on how to maThe post Hong Kong High Court's latest ruling could change the way we look at crypto... appeared first on AMBCrypto. дальше »

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Hong Kong court recognizes crypto as property in Gatecoin case

The Hong Kong legal and justice system has made a landmark ruling by recognizing cryptocurrency as property that can be “held on trust. ” The decision was reached in a lawsuit involving the now-defunct crypto exchange Gatecoin. дальше »

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US judge rejects Do Kwon’s request to block SEC from accessing documents

U. S. District Court Judge Jed Rakoff denied Do Kwon’s request to block the SEC from accessing documents related to Terraform Labs (TFL) and Luna Foundation Guard (LFG) on April 14, according to court filings. дальше »

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Hong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin

The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said. дальше »

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Zipmex seeks further extension on moratorium window

Troubled crypto exchange Zipmex is looking to extend the current moratorium on creditor protection by another two months to enable the company to find a solution regarding reopening its Z wallet.  Zipmex filed an application with the Singapore court for… дальше »

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Zipmex requests 2-month extension from Singapore court for restructuring plan

A ruling from Singapore’s High Court originally allowed Zipmex a moratorium until December 2022 to handle debt relief amid reported liquidity issues. дальше »

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Crypto Companies May Use a Supreme Court Doctrine to Push Back Against SEC: Lawyer

Crypto firms are using the major questions doctrine as a way to fend off regulators, Jason Gottlieb, a partner at Morrison Cohen LLP, said. дальше »

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Zipmex files for two-month extension to moratorium

Zipmex says it filed for the court extension as it seeks to find a solution that suits its customers and an investor. The moratorium was put in place following Zipmex’s bankruptcy filing in July last year. дальше »

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Coinbase may face years-long court battle with SEC, CEO warns: Report

At a London fintech conference, CEO Brian Armstrong disclosed that Coinbase might consider leaving the U.S. due to the lack of regulatory clarity in the country. дальше »

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Crypto Exchange Zipmex Files for Two-Month Moratorium Extension

Troubled cryptocurrency exchange Zipmex has filed for a two-month extension to its moratorium agreement to the Singapore court, according to an announcement. дальше »

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How OFAC’s Tornado Cash Sanctions Violate U.S. Citizens’ Constitutional Rights

In filing a “friend of the court” brief, the Blockchain Association argues that financial privacy is fundamental – even in the digital realm. дальше »

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Ryuk Ransomware Gang’s Crypto Broker Gets Light Sentence After a Guilty Plea

Denis Dubnikov, a founder of two OTC trading desks in Russia tied to ransomware attacks, was sentenced to no jail time and forfeiture of $2,000 last week after a guilty plea, court documents show. дальше »

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Tom Brady, other celebrities ask court to dismiss lawsuit over promoting FTX

Celebrities implicated in a class-action lawsuit over promoting crypto exchange FTX have asked the court to dismiss the case, according to motions filed on April 14. The celebrities include comedian actor and director Larry David, Tom Brady, Gisele Bundchen, Stephen Curry,  Udonis Haslem, Trevor Lawrence, Kevin O’Leary, Shohei Ohtani, David Ortiz, Naomi Osaka — and […] The post Tom Brady, other celebrities ask court to dismiss lawsuit over promoting FTX appeared first on CryptoSlate. дальше »

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Paxful CEO announces 88% of accounts unfrozen, $4.4M in funds remaining

“I gave up my title as CEO to unfreeze these accounts and am also in danger of being in contempt of court,” said Ray Youssef.

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SEC Drops New Crypto Bombshell: OMG, DASH, and ALGO Named Among Unregistered Securities

The US Securities and Exchange Commission (SEC) has dropped a bombshell on the crypto industry, naming OMG, DASH, and ALGO among unregistered securities in a court complaint filed against Bittrex дальше »

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Crypto Market Forecast: Week of April 17th 2023

A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin surges as Montana passes a "right to mine" bill, a CBDC for International Central Banks is set to be launched, and court documents reveal the Bhutan Investment Funds. дальше »

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Ripple's Top Lawyer Highlights SEC's Recent Supreme Court Loss

Ripple's General Counsel Stuart Alderoty has called attention to the SEC's recent losses in the Supreme Court, citing the latest decision in SEC v Cochran дальше »

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€500,000 Bitcoin Ransom: 53-Year-Old Man Sentenced for Targeting German Retailer: 53-Year-Old Man Sentenced for Targeting German Retailer

53-year-old former healthcare worker has been sentenced to seven years in prison by Karlsruhe District Court for extorting German retailer dm with €500,000 Bitcoin ransom and detonating bomb at one of its stores дальше »

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€500,000 Bitcoin Ransom: 53-Year-Old Man Sentenced for Targeting German Retailer

53-year-old former healthcare worker has been sentenced to seven years in prison by Karlsruhe District Court for extorting German retailer dm with €500,000 Bitcoin ransom and detonating bomb at one of its stores дальше »

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€500,000 Bitcoin Bombing: 53-Year-Old Man Sentenced for Targeting German Retailer

53-year-old former healthcare worker has been sentenced to seven years in prison by Karlsruhe District Court for extorting German retailer dm with €500,000 Bitcoin ransom and detonating bomb at one of its stores дальше »

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Can Arbitration Clauses Protect Crypto Exchanges from Regulatory Overreach?

Arbitration is a long-standing business practice that has become increasingly popular in the world of cryptocurrency. As Coinbase faces a potential adverse judgment in two cases currently before the Supreme Court, the implications are broad. дальше »

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U.S. court summons Justin Sun over SEC charges

A U. S. district court has summoned former TRON CEO Justin Sun over charges previously filed by the U. S. SEC, according to a court document filed April 12. That document, directed to two Singapore addresses, informs Sun that the U. дальше »

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US court issues summons to Tron's Justin Sun, threatens default judgment if no response

The summons was related to a civil lawsuit filed by the SEC against Justin Sun and others over allegedly offering and selling TRX tokens as unregistered crypto asset securities. дальше »

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Justin Sun Hit With Summons in SEC Enforcement Action

Justin Sun, the founder of Tron Foundation and BitTorrent Foundation whose alleged securities violations triggered an enforcement action last month from the Securities and Exchange Commission (SEC), has reportedly received a summons from a court in the Southern District of New York. дальше »

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SEC argues recent court case weakens Ripple Labs’ ‘fair notice’ defense

The SEC filed a letter supporting its motion for summary judgment against Ripple Labs, citing a separate court case it had recently won. дальше »

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FTX’s Bankruptcy Lawyers: ‘The Dumpster Fire Is Out’

Five months after the spectacular implosion of FTX, the Bahamas-based exchange’s new legal team has a message for both the U.S. bankruptcy court and creditors alike: “The situation has been stabilized and the dumpster fire is out.” дальше »

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FTX native token spikes over 100% after lawyers tell court exchange could be revived

Collapsed crypto exchange FTX’s native token FTT surged more than 100% on April 12 after lawyers revealed they had recovered additional liquid assets. As of press time, FTT was trading at $2. дальше »

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FTX has recovered $7.3B in assets, will consider rebooting exchange

Sam Bankman-Fried’s failed cryptocurrency exchange filed for bankruptcy in November 2022 and has since been mired in court proceedings. дальше »

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Swiss court gives green light for FTX to sell its European arm

The approval of a petition in Switzerland allowing FTX Europe AG’s sale would be in accordance with U.S. bankruptcy court, where FTX’s global business filed for Chapter 11. дальше »

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Alameda to Be Repaid $53M Deltec Loan, Delaware Bankruptcy Court Rules

The 2021 payment to Deltec International was originally approved by FTX's Ryan Salame. дальше »

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Swiss court allows FTX to explore sales of European business

Bankrupt crypto exchange FTX would explore the sale of its European business. In an April 12 press statement, the bankrupt firm said the holding business for its European business,  FTX Europe AG, filed a petition for a Swiss moratorium granted by a Swiss court. дальше »

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FTX Free to Explore Sale of Europe Arm, Swiss Court Decides

The firm said FTX Europe AG, the holding company of its European business, filed a petition for a Swiss moratorium proceeding, which was granted on Tuesday. дальше »

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Ripple Case: SEC Files Additional Support for Summary Judgment

SEC has filed additional support for its pending Motion for Summary Judgment in high-stakes legal battle with Ripple Labs, citing recent District of Massachusetts court ruling that bolsters regulator's position on fair notice defenses дальше »

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Former Deutsche Bank associate charged in crypto investment scheme

An investment banker who formerly worked for a firm believed to be Deutsche Bank has been charged with crypto fraud, according to U. S. authorities on April 11. A statement from the U. S. District Court for the Eastern District of New York said that Rashawn Russell was arrested on April 10. дальше »

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FTX paid $32.5 million to its bankruptcy lawyers in February, more inside

In February, FTX's bankruptcy proceedings totaled 32. 5 million.   This excluded current CEO John J. Ray III's $305,000 payment. According to court filings between 4 - 10 April, during the moThe post FTX paid $32. дальше »

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Employees of South Korean Crypto Exchange Coinone Arrested: Report

Seoul Southern District Court Chief Judge Kim Ji-Sook issued a warrant for the arrests on Monday, saying "There is concern about escaping." дальше »

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S. Korean prosecutors seek to freeze $5.3M worth of Do Kwon’s assets

Prosecutors in South Korea are trying to get a court order to freeze $5. 3 million worth of Do Kwon’s assets in the country, Yonhap News reported on April 11. Terraform Labs co-founder Kwon has been under investigation in South Korea for fraud and tax evasion since the Terra-LUNA collapse wiped out nearly $40 billion in […] The post S. дальше »

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AI’s Growing Challenge in Detecting Fake Images

As former President Donald Trump faced a 34-count indictment in Manhattan criminal court, fabricated images of him circulated on social media. Some of the images included fake mug shots, which Trump’s 2024 presidential campaign used to advertise a T-shirt that could be purchased online. дальше »

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Media outlets want FTX clients’ user names revealed 

Media outlets are now fitting for the revelation of FTX creditors' usernames as per a recent filing to the Delaware bankruptcy court. This comes after an earlier filing to conceal was approved. дальше »

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Coinbase supports new court action to remove Tornado Cash ban

The motion is part of a broader effort to restore internet privacy rights for United States citizens.

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Craig Wright’s UK Contempt of Court Case Over Alleged Embargo Breach Abandoned

Judges at the High Court in London said they didn’t have the resources to explore the issue fully. дальше »

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Trump NFTs’ sales surge again amid his court appearance

Following his court appearance, Trump's NFT collection saw a spike in sales as the former US president continues to face charges. This comes after his recent indictment that saw the sales spike again. дальше »

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Voyager-Binance.US Legal Fight Must Be Resolved by April 13, Court Documents Say

The bankrupt company’s creditors stand to lose $100 million if delays caused by government objections drag on. дальше »

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Relist XRP On Coinbase Trends Again, Here’s Why

XRP community attorney John E. Deaton, who is representing the holders of the token in the lawsuit between Ripple and the US Securities and Exchange Commission (SEC), has outlined in a new Twitter thread why the definitions of “investment” and a “contract” are fundamental to the district court’s ruling. Paul Grewal, the Chief Legal Officer […] дальше »

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DOGE Surges High as Elon Musk Requests $258B Dogecoin Lawsuit Be Dropped

Dogecoin, the world's largest meme cryptocurrency by market capitalization, soared to a five-week high of $0.085 Sunday after Elon Musk’s lawyers requested a Manhattan court to dismiss a $258 billion lawsuit filed by DOGE investors against the billionaire. дальше »

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Elon Musk, Tesla Want $258 Billion Dogecoin Case Dismissed

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Binance vs. CFTC: Latest court battle could alter crypto landscape in US

The CFTC lawsuit against Binance could prove to be the beginning of the end for the crypto exchange in the United States, according to many market pundits. дальше »

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