Legal

Legal

Alleged Leader of OneCoin Ponzi Has Sentencing for Money Laundering Adjourned

Konstantin Ignatov has again had his sentencing date adjourned while he continues to cooperate with U.S. prosecutors.

Policy & regulation  ·  8 July 2020
Cryptocurrency

DC Lawyers Can Now Accept Crypto for Legal Fees

The District of Columbia Bar has approved crypto payments for lawyers' fees.

Policy & regulation  ·  1 July 2020
Legal

Wirecard Fallout: Auditor EY Accused of Not Flagging $2.1B Black Hole Sooner

Following a sharp drop in the Wirecard stock price, the German shareholders' body holds EY responsible for not alerting the public sooner over the firm's accounting failures.

Business  ·  29 June 2020
Lawsuits

Kleiman Bitcoin Case Heads to Trial as Motion for Sanctions Against Craig Wright Is Denied

A Florida judge threw out a motion for sanctions against Wright saying the lawsuit over 1.1 million BTC would be better decided by a jury.

Policy & regulation  ·  25 June 2020
CBDCs

S. Korea’s Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch

The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance.

Policy & regulation  ·  15 June 2020
SEC

Blockchain Association Tries to Draw Legal Line Between Kik’s Token and Its 2017 Pre-Sale

The Blockchain Association is claiming that the U.S. Securities and Exchange Commission is wrongfully conflating Kik's exempt offering of securities during a 2017 ICO with the issuance of kin tokens

Policy & regulation  ·  21 April 2020
Court Cases

Judge ‘Puzzled’ by Craig Wright’s Objections to Producing Evidence of Over 1.1M Bitcoin

The judge pointed to the fact that Wright has previously been accused of abusing attorney-client privilege in the Kleiman case.

Policy & regulation  ·  16 April 2020
Legal

Alleged Architects of $720M BitClub Ponzi Request Jail Release Over Coronavirus Risk

The accused scammers argue they are unable to follow medical advice in an enclosed jail environment.

Policy & regulation  ·  24 March 2020
Hive

Steem Fork Faces Legal Threat From Mining Firm Over ‘Hive’ Name

A new blockchain called Hive is being told it needs to change its name just days after it was created in a fork from Steem.

Policy & regulation  ·  23 March 2020
Exchanges

Singapore’s Court of Appeals Rules Against Quoine Exchange in Landmark Crypto Case

The digital currency exchange had unlawfully reversed seven trades after its system erroneously allowed a trader to sell ether at an inflated price, the court decided.

Markets  ·  25 February 2020
Crime

France Charges Alleged BTC-e Operator Alexander Vinnik Following Greek Extradition

French prosecutors have charged Vinnik on counts of extortion, aggravated money laundering, conspiracy and more.

Policy & regulation  ·  29 January 2020
Tether

Tether to File Motion to Dismiss Class Action Lawsuit Based on NYAG Claims

The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred.

Policy & regulation  ·  15 November 2019
Europe

OneCoin Founder’s Brother Faces 90-Year Jail Term After Plea Deal

The brother of OneCoin's infamous "Cryptoqueen," Konstantin Ignatov has reached a plea deal with U.S. authorities.

Markets  ·  14 November 2019
Regulation

Kik Suffers Setbacks With ‘Void for Vagueness’ Defense in SEC Case

Kik has hit a brick wall with its ambitious "void for vagueness" defense in a case brought by the SEC over its $100 million initial coin offering.

Policy & regulation  ·  13 November 2019
Regulation

Telegram Refutes All SEC Allegations, Asks Court to Dismiss in New Filing

Messaging app firm Telegram has made a new plea to a U.S. court to drop an action brought by the SEC alleging its token is a security.

Policy & regulation  ·  13 November 2019