Paxful unfreezes majority of user accounts amid legal battles and regulatory challenges

Paxful has seen a majority of its previously frozen user accounts unfrozen, according to an announcement from its now-former CEO. The update comes over a week after the platform suspended its operations. дальше »

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Bittrex, a cryptocurrency exchange based in the United States, could potentially face action from the SEC.

According to a report by The Wall Street Journal on April 16, the United States-based cryptocurrency exchange, Bittrex, is facing the possibility of legal action from the enforcement division of the U. дальше »

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Peer-to-peer crypto exchanges struggle to navigate shifting legal landscape

Two major P2P platforms announced their closure in the first quarter of 2023. Many blame it on growing regulatory scrutiny, but experts call for better alternatives. дальше »

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SEC Warned Bittrex of Legal Action Before Firm Announced U.S. Exit: WSJ

The crypto exchange is set to shut down its U.S. platform on April 30 after nine years in operation. дальше »

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FTX victims’ lawyers struggle to serve Shaquille O’Neal

The Moskowitz law firm has been standing outside NBA superstar Shaquille O’Neal’s studio all week to “hand deliver” the legal complaint with no success, according to a recent statement. дальше »

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El Salvador Bitcoin transition “seems to have worked” according to top analysts

El Salvador became the first country in the world to adopt Bitcoin as a legal tender in September 2021. The decision was met with mixed reactions from both the public and experts, with some applauding it as a step towards financial inclusion, while others criticized it as a risky experiment. However, according to top analysts, […] дальше »

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Ripple Legal Team Strikes Back in Response to SEC Letter

The legal battle between Ripple Labs and the SEC intensifies as Ripple's legal team files a response to the SEC's letter of supplemental authority, challenging the fair notice argument and its reliance on the Howey precedent дальше »

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XRP Army Warned by Former SEC Official

A former SEC official has warned the XRP Army about the recent developments in the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and blockchain firm Ripple дальше »

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This YouTuber Claims XRP Will Skyrocket Making Its Holders Rich, But How?

The ongoing legal tussle between Ripple XRP and the US Securities and Exchange Commission seems close to its summary judgment, and crypto influencer Ben Armstrong (BitBoy) believes that Ripple will become one of the best-performing assets once the case ends. 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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Is XRP On The Verge Of Parabolic Rise Following This Game-Changing Ripple Deal?

Blockchain payments company Ripple, which often dominates the headlines across the crypto space due to its long-standing legal feud with the U.S. Securities and Exchange Commission (SEC), recently announced that it had signed an agreement with the... дальше »

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Bitfinex Awarded First-Ever Digital Asset Service Provider License In El Salvador

El Salvador, the world’s first nation-state to establish bitcoin as legal tender, has issued a digital assets license to crypto exchange Bitfinex. This marks a landmark achievement for Bitfinex as it has essentially become the first crypto firm to secure El Salvador’s license to operate its regulated trading platform in the tiny Central American country. […] 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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FTX’s bankruptcy lawyers and advisers pocket $32.5M in February

The reimbursement expenses for FTX’s massive team of legal professionals are just as exorbitant in February as they were the previous month. дальше »

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Gold-backed state digital currency gains traction in US

As debates on digital currencies persist, several U.S. states are making strides in exploring a gold-backed state digital currency, regulating bitcoin mining, and addressing legal challenges in the cryptocurrency realm. дальше »

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Lawyer argues XRP is not a security as SEC lawsuit continues

As the Ripple-SEC legal fracas reaches its climax, a lawyer with a pro-XRP bent, Jeremy Hogan, has taken to Twitter to argue that XRP is not a security. дальше »

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Lawyers are once again facing the advent of AI.

Artificial intelligence (AI) has long been seen as a threat to lawyers’ jobs, and new technology may pose a significant challenge once again. In the past, AI has taken on the toil of legal work, such as searching, reviewing, and analyzing vast quantities of legal documents. дальше »

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Legal community expects XRP verdict by May 6, Lawyer admits SEC has one valid claim

Chatter among the legal community has increased in recent days as a verdict is now expected by some on or before May 6, with others admitting the SEC has one valid claim. According to Bill Morgan, a pro-XRP lawyer, the US Securities and Exchange Commission (SEC) may be right about investors buying XRP with the […] The post Legal community expects XRP verdict by May 6, Lawyer admits SEC has one valid claim appeared first on CryptoSlate. дальше »

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El Salvador’s Bitcoin Experiment: How Is It Working Out?

Back in 2021, El Salvador became the first country to adopt Bitcoin as official legal tender. It was a turning point, with many people either praising or condemning the move. Lately, governments have cracked down on Bitcoin. дальше »

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The Legal Practices in the Race to Dominate Crypto Law

Crypto is still considered an emerging area of law. But some legal firms have been early to the party and have been making a lot of noise. The post The Legal Practices in the Race to Dominate Crypto Law appeared first on BeInCrypto. дальше »

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Self-Proclaimed Satoshi Targets Apple for Allegedly Breaching Copyright with Bitcoin White Paper

The potential legal implications of Wright's copyright claims remain to be seen as it is unclear if any action has been taken by Apple to address the issue дальше »

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NFTs Linked To Trump’s Criminal Indictment Soars As The Former President Faces 34 Felony Counts

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Coinbase supports legal challenge to US Tornado Cash ban

Crypto exchange Coinbase is throwing its support behind plaintiffs seeking to remove sanctions imposed by the United States government on Tornado Cash, a privacy-focused cryptocurrency mixer. дальше »

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Coinbase-backed plaintiffs renew legal fight to end ban on Tornado Cash

Coinbase backed plaintiffs requested a partial summary judgment in their lawsuit against the U.S. Department of Treasury. The case was filed last year after the Office of Foreign Asset Control The post Coinbase-backed plaintiffs renew legal fight to end ban on Tornado Cash appeared first on AMBCrypto. дальше »

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US Bitcoin reaches tentative settlement to reopen Niagara Falls mining facility

After a lengthy legal tussle, the company will have to pay various fees and fines and take extensive noise control measures.

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Sam Bankman-Fried’s Lawyer Prepares New Bail Proposal After Breaching Conditions Using VPNs and Encryption

Ahead of his widely anticipated fraud trial in October, FTX founder Sam Bankman-Fried has been accused of “testing the limits” of his bail conditions as his legal team proposes a new package. Christian Everdell, Sam Bankman-Fried’s lawyer, disclosed that he will be sending a revised bail package to presiding judge Lewis Kaplan of the Southern […] дальше »

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Major Crypto Firms Need Extra Rules, Global Cooperation, ECB’s McCaul Says

The central banker said firms like Binance should be forced to disclose legal status and lines of accountability, with extra rules on top of the EU’s planned MiCA дальше »

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AT&T wins legal battle against crypto investor who fell victim to SIM swapping

A judge has ruled in favor of AT&T, dismissing crypto investor Michael Terpin’s claim for damages against the company. Judge Otis Wright II ordered that Terpin is not entitled to recover damages from the telecoms firm, despite losing $24 million in a SIM swap attack in 2017. дальше »

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Terra faces more legal trouble as authorities seize $160 million in assets

The Seoul Southern District Prosecutor's Office has seized approximately $160 million from eight individuals. Both the United States and South Korea asked Montenegro to detain Kwon. As per aThe post Terra faces more legal trouble as authorities seize $160 million in assets appeared first on AMBCrypto. 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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Ripple's Chief Legal Officer Calls Out Officials on Crypto Regulation

Stuart Alderoty takes a stand against officials' approach to cryptocurrency regulation, highlighting the potential consequences of their words and actions on the growing digital asset industry дальше »

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Elon Musk, Tesla Want $258 Billion Dogecoin Case Dismissed

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Trump Legal Troubles Drive Up NFT Sales By Over 400%

After Trump made history by becoming the first incumbent US president to be indicted on criminal charges, his NFT collection is having a blast. Interest in the collection, which was launched in December to widespread derision, skyrocketed after he was formally accused in New York on Thursday. дальше »

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Legal Expert John Deaton Hints At Huge XRP Upside As Market Anticipates Ripple’s Win In SEC Case

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Where Is The XRP Price Heading As Perp Open Interest Doubles?

The XRP price has been on an extremely strong rally over the past 11 days, rising more than 56%. The sudden awakening of the price from a months-long consolidation phase comes in light of rumors that a decision in the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) could be imminent. дальше »

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Binance: Will Bicasso NFTs be the catalyst to BNB's recovery? Examining...

Binance has launched another free NFT minting event, which was met with overwhelming demand and claimed within five hours. Despite recent legal troubles, BNB is recovering from a dip in price eThe post Binance: Will Bicasso NFTs be the catalyst to BNB's recovery? Examining... appeared first on AMBCrypto. дальше »

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FTX lawyers, creditors slam SBF’s petition to get legal fees reimbursed

The creditor’s committee and FTX lawyers have raised several objections to Sam Bankman-Fried’s request. A hearing date is set for April 12. дальше »

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First Mover Asia: Bitcoin Rises Above $28.3K Despite Binance Legal Woes

ALSO: Shaurya Malwa writes that a little-known Ethereum community is rallying behind the Ethereum Goerli test network in the hope that it can help find a way to keep it going. Bitcoin, ether and other cryptos spike. дальше »

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Sam Bankman-Fried Gave His Father $10 Million From an Alameda Loan, Says Report

Sam Bankman-Fried's legal defense is reportedly funded from an Alameda loan of at least $10 million, taken in 2021. The post Sam Bankman-Fried Gave His Father $10 Million From an Alameda Loan, Says Report appeared first on BeInCrypto. дальше »

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Crypto Exchange Gemini Looking to Launch Overseas Derivatives Operation: The Information

Binance’s legal troubles and the collapse of FTX may have left an opening for others to grab market share in the crypto derivatives business. дальше »

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Coinbase Chief Legal Officer: There’s ‘A Lot to Unpack’ in CFTC’s Filing Against Binance

Paul Grewal says it’s clear the agency is undertaking a great effort to understand what is happening at the largest crypto exchange by trading volume. дальше »

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How Is Sam Bankman-Fried Paying His Lawyers? Here's Shocking Insight into Funding Source

SBF's prior gift donation to his father might be his only way to pay his legal fees now дальше »

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Sam Bankman-Fried funds legal defense with Alameda Research money

Sam Bankman-Fried (SBF), the founder of fallen crypto exchange FTX, has been paying for his legal defense with millions of dollars that he allegedly gave to his father using money from Alameda Research.  дальше »

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Sam Bankman-Fried Is Using Alameda Funds to Pay for His Legal Bills: Report

Sam Bankman-Fried claimed to have only $100,000 to his name in the immediate aftermath of the FTX collapse. So how is he bankrolling his legal defense? A $11.7 Million Gift... дальше »

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NEAR launches $11M grassroots community trust registered in Guernsey

NEAR has launched a NEAR Community Purpose Trust to accelerate the allocation of funds to grassroots projects and utilize an innovative legal framework based on the Guernsey Special Purpose Trust, a type of trust that separates the legal title to assets from the beneficial interest in those assets. дальше »

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62 Million XRP Moved From Binance as Billions in Crypto Keep Outflowing After CFTC Strikes

After CFTC filed legal complaint against Binance, users have been withdrawing billions in crypto to cold wallets дальше »

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Crypto markets react to Binance’s battle with CFTC

The US Commodity Futures Trading Commission (CFTC) took legal action against the largest crypto exchange, Binance, on March 27. Consequently, the digital asset market has been showing bearish signs. дальше »

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Binance outflows jump to $772M after the new CFTC lawsuit

Binance saw huge outflows after the Commodity Futures Trading Commission (CFTC) complicated the company’s legal situation in the United States.   Data compiled by DeFi Llama shows that Binance clients withdrew over $772 million from the exchange in the past 24 hours. дальше »

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US CFTC takes legal action against Binance, crypto markets fall

The commodity futures trading commission (CFTC) has initiated legal action against leading cryptocurrency exchange Binance for allegedly violating the Commodity Exchange Act. дальше »

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