law

Tornado Cash users file appeal over judgment in favor of US Treasury

court, law, regulation, Sanctions, Tornado Cash, United States /

Tornado Cash users file appeal over judgment in favor of US Treasury 14/11/2023 at 23:02 By Cointelegraph By Turner Wright The six individuals, supported by crypto exchange Coinbase, have taken a case involving the U.S. Treasury sanctioning Tornado Cash to federal appellate court. This article is an excerpt from Cointelegraph.com News View Original Source React […]

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FTX files billion-dollar lawsuit against ByBit over asset withdrawals

bankruptcy, Cryptocurrency Exchange, FTX, law /

FTX files billion-dollar lawsuit against ByBit over asset withdrawals 12/11/2023 at 12:02 By Cointelegraph By Amaka Nwaokocha The legal action is pursuing “compensatory and punitive damages” from ByBit regarding the token scheme and the assets held on its platform. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Indian Supreme court rejects crypto petition, highlights legislative nature

Cryptocurrencies, Cryptocurrency Exchange, India, Indian Government, law, Tokens /

Indian Supreme court rejects crypto petition, highlights legislative nature 11/11/2023 at 14:02 By Cointelegraph By Amaka Nwaokocha Listening to the plea, the bench headed by the Chief Justice of India (CJI) remarked that the petitioner’s demands are more legislative in nature. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Genesis seeks court’s approval to reduce 3AC claim from $1B to $33M

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Genesis seeks court’s approval to reduce 3AC claim from $1B to $33M 10/11/2023 at 17:04 By Cointelegraph By Helen Partz Bankrupt lender Genesis has asked the court to approve its proposed settlement agreement with the imploded crypto hedge fund 3AC. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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EU backs Data Act with clause to shut off smart contracts

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EU backs Data Act with clause to shut off smart contracts 10/11/2023 at 05:03 By Cointelegraph By Jesse Coghlan The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law. This article is an excerpt from Cointelegraph.com News View Original Source React

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Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC

Binance, busd, court, CZ, Howey Test, law, lawsuit, SEC, securities suit, suit /

Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC 09/11/2023 at 05:02 By Cointelegraph By Jesse Coghlan The SEC derided Binance’s request to have the regulator’s suit thrown out, claiming the crypto exchange hasn’t correctly applied the law. This article is an excerpt from Cointelegraph.com News View Original Source React to

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‘Premier’ crypto cop CFTC reveals record-setting digital asset enforcement in 2023

CFTC, Cryptocurrencies, Cryptocurrency Exchange, law /

‘Premier’ crypto cop CFTC reveals record-setting digital asset enforcement in 2023 08/11/2023 at 15:02 By Cointelegraph By Amaka Nwaokocha The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX

court, Cryptocurrency Exchange, Exchanges, FTX, law, Sam Bankman-Fried, United States /

Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX 07/11/2023 at 16:04 By Cointelegraph By Robert Knight Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Coinbase user agreement dispute reaches US Supreme Court

Coinbase, Cryptocurrencies, law, Tokens /

Coinbase user agreement dispute reaches US Supreme Court 04/11/2023 at 14:02 By Cointelegraph By Amaka Nwaokocha The Supreme Court’s choice to take up this case represents a pivotal development for firms utilizing arbitration clauses. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Hong Kong issues rules for asset tokenization as interest mounts

Digital Asset, Hong Kong, law, Tokens /

Hong Kong issues rules for asset tokenization as interest mounts 02/11/2023 at 15:02 By Cointelegraph By Amaka Nwaokocha Hong Kong’s securities regulator treats tokenized securities like traditional securities, subject to the same legal and regulatory norms. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Ripple’s legal chief questions SEC case losses under Gensler

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Ripple’s legal chief questions SEC case losses under Gensler 02/11/2023 at 13:02 By Cointelegraph By Amaka Nwaokocha Stuart Alderoty expressed concern about the SEC’s repeated arbitrary and capricious actions in court cases, suggesting a troubling pattern under Gensler’s leadership. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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SolarWinds and CISO accused of fraud, control failures

CISO, Government, law, News, SolarWinds, USA /

SolarWinds and CISO accused of fraud, control failures 31/10/2023 at 11:16 By Help Net Security The Securities and Exchange Commission announced charges against SolarWinds and its CISO, Timothy G. Brown, for fraud and internal control failures relating to allegedly known cybersecurity risks and vulnerabilities. The complaint alleges that, from at least its October 2018 initial

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Ripple CEO criticizes former SEC Chair Jay Clayton’s comments

law, Ripple, SEC, United States, XRP /

Ripple CEO criticizes former SEC Chair Jay Clayton’s comments 29/10/2023 at 12:02 By Cointelegraph By Amaka Nwaokocha Clayton emphasized that regulatory agencies should introduce regulations and legal cases they believe will successfully withstand judicial scrutiny. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’

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Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’ 27/10/2023 at 18:01 By Cointelegraph By Turner Wright The former FTX CEO returned to the witness stand to present his testimony to a jury of 12 people as the criminal trial began to reach its final stages. This article is an excerpt from Cointelegraph.com

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Sam Bankman-Fried denies knowledge of moving FTX deposits to North Dimension: Report

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Sam Bankman-Fried denies knowledge of moving FTX deposits to North Dimension: Report 27/10/2023 at 00:00 By Cointelegraph By Turner Wright Assistant U.S. Attorney Danielle Sassoon grilled the former FTX CEO in court on his knowledge of FTX user deposits and the retention of communication records. This article is an excerpt from Cointelegraph.com News View Original

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UK passes bill to enable authorities to seize Bitcoin used for crime

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UK passes bill to enable authorities to seize Bitcoin used for crime 26/10/2023 at 18:02 By Cointelegraph By Helen Partz Filed in September 2022, the Economic Crime and Corporate Transparency Bill is expected to receive royal assent on Oct. 26, 2023. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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How Google’s AI legal protections can change art and copyright protections

Copyrights, court, Google, law, Technology /

How Google’s AI legal protections can change art and copyright protections 26/10/2023 at 17:02 By Cointelegraph By Shiraz Jagati Amid myriad legal accusations surrounding its AI services, Google stands its ground, vowing to protect its users. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge

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Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge 26/10/2023 at 16:02 By Cointelegraph By Amaka Nwaokocha The testimony will challenge the government‘s claims, especially the counsel’s role in auto-deletion, north dimension creation, payment agent agreement, Alameda loans and FTX terms of service. This article is an excerpt from Cointelegraph.com News View Original Source

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Meta faces legal scrutiny as AI advancements raise concerns over child safety

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Meta faces legal scrutiny as AI advancements raise concerns over child safety 26/10/2023 at 14:02 By Cointelegraph By Amaka Nwaokocha Concerns for child safety come amid rapid artificial intelligence advancements involving text and generative AI. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Sam Bankman-Fried will testify at criminal trial, say defense lawyers

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Sam Bankman-Fried will testify at criminal trial, say defense lawyers 25/10/2023 at 18:02 By Cointelegraph By Turner Wright After much speculation, the former FTX CEO will be one of only a handful of witnesses to testify for his defense in the criminal fraud case. This article is an excerpt from Cointelegraph.com News View Original Source

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