Today, in the Southern District of New York, was the first hearing in the US Department of Justice’s (DoJ) case against Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill. I attended the…
On Thursday, the U.S. Supreme Court delivered a unanimous decision against Coinbase Inc. (COIN), addressing an arbitration dispute that emerged from the cryptocurrency exchange’s 2021 Dogecoin (DOGE) sweepstakes. The 9-0 ruling clarified that…
After being dismissed by the Delaware Court of Chancery in 2023, the state’s supreme court ruled the definition of the merger agreement between BitGo and Galaxy was “ambiguous.” Source link
The SEC proposed that Do Kwon and Terraform pay roughly $5.3 billion in disgorgement, prejudgment interest and civil penalties, while the firm’s team suggested only $1 million. Source link
There’s only one way left for Chinese nationals to access the Hong Kong Bitcoin ETFs, $6B scam accused in court, and more: Asia Express. Source link
Key Takeaways Montenegrin prosecutors have contested the decision to extradite Do Kwon to South Korea, bringing the matter before the Supreme Court of Montenegro. The challenge arises from a procedural violation claim by…
Key Takeaways A UK court has ruled that Craig Wright is not Satoshi Nakamoto, rejecting his long-standing claim to the identity of Bitcoin’s creator. The COPA initiated the lawsuit to prevent Wright from…
Changpeng Zhao, the founder of the crypto exchange Binance, encountered a setback last month when a federal judge denied his request to travel to the United Arab Emirates. CZ proposed using his substantial…
In a recent two-day court hearing in Singapore, Su Zhu, the co-founder of Three Arrows Capital, faced questioning over the collapse of the crypto fund. Liquidators were able to gather vital information in…
Key Takeaways Binance founder Changpeng “CZ” Zhao pleads guilty to money laundering, part of a $4.3 billion settlement with US agencies. Zhao faces up to 18 months in prison, with sentencing set for…
Anatoly Legkodymov, co-founder and former CEO of cryptocurrency exchange Bitzlato, pleaded guilty to one count of operating an unlicensed money services business on Dec. 6. Legkodymov appeared in New York Eastern District Court…
The Indian Supreme Court declined to consider a Public Interest Litigation (PIL) that aimed to establish regulations and a framework of guidelines for cryptocurrency trading in India. According to a report, the bench…