Legal

Lawsuits

Judge Recommends Ruling in Favor of Kleiman in Craig Wright Case

A magistrate judge has recommended that Craig Wright turn over 50% of his bitcoin and intellectual property from before 2014 to Ira Kleiman.

Policy & regulation  ·  26 August 2019
Regulation

UK Central Bank Chief Sees Digital Currency Displacing US Dollar as Global Reserve

BOE governor Mark Carney called on Friday for the creation of a wholly digital alternative to the U.S. dollar.

Policy & regulation  ·  23 August 2019
Regulation

SEC Approves Blockchain Tech Startup Securitize to Record Stock Transfers

Token issuance tech provider Securitize has registered as a transfer agent with the SEC, a move it says will boost blockchain adoption.

Policy & regulation  ·  21 August 2019
Regulation

Blockchain Firm Veritaseum Calls for Assets to Be Unfrozen in SEC Response

Veritaseum has officially responded to the SEC's claims it sold illegal securities and called for its funds to be unfrozen to protect investors.

Policy & regulation  ·  20 August 2019
Crime

Dark Web Drug Dealer to Forfeit Millions in Illicit Crypto Earnings

A man has been sentenced in San Diego, California, for conspiring to sell opioids and other drugs over dark web markets for cryptocurrencies. 

Policy & regulation  ·  20 August 2019
Legal

Judge Blasts Craig Wright’s Evidence, ‘Inconsistent’ Testimony in Kleiman Trial

The judge overseeing the ongoing lawsuit against Craig Wright, who claims to have invented bitcoin, shot down a motion challenging the court's jurisdiction over the suit.

Policy & regulation  ·  15 August 2019
IRS

New IRS Warning Letters Target Crypto Investors Who Misreported Trades

The IRS is sending another round of warning letters to crypto users, this time to taxpayers who it thinks misreported income on exchange transactions.

Policy & regulation  ·  14 August 2019
Regulation

Blockchain Firm Settles With SEC Over Unregistered $6.3 Million SAFT

A healthcare-focused blockchain firm has settled with the U.S. Securities and Exchange Commission over its 2017-2018 SAFT offering.

Policy & regulation  ·  14 August 2019
Exchanges

UK Advertising Watchdog Upholds Complaints Against BitMEX Bitcoin Promotion

The U.K. Advertising Standards Authority has upheld complaints over a "misleading" bitcoin ad placed by crypto derivatives exchange BitMEX.

Policy & regulation  ·  14 August 2019
Lawsuits

SEC Guidance Gives Ammo to Lawsuit Claiming XRP Is Unregistered Security

Investors suing Ripple have started citing the SEC’s token guidance to back their claim that XRP is an unregistered security.

Policy & regulation  ·  13 August 2019
SEC

WATCH: Ted Livingston Discusses Kik’s Response to the SEC

Kik CEO Ted Livingston discussed his company's legal fight with the SEC on CoinDesk Live last week.

Policy & regulation  ·  12 August 2019
SEC

SEC Delays Decisions on 3 Bitcoin ETF Proposals

The SEC has delayed making a decision on three different bitcoin ETF proposals until Sept. 29 at the earliest.

Policy & regulation  ·  12 August 2019
Regulation

Derivatives Drama: The Unintended Consequences of Crypto Regulation

Noelle Acheson points out that the LedgerX confusion highlights potential CFTC priorities regarding the regulation of crypto derivatives that could lead to the opposite of what the regulator intends.

Policy & regulation  ·  11 August 2019
Crime

Australian Police Charge 5 Over $1.8 Million Cryptocurrency Scam

Five people have been charged in Australia over a cold-call cryptocurrency investment fraud that allegedly duped investors for over $1.8 million.

Policy & regulation  ·  8 August 2019
Europe

Man Takes Bitcoin Miner Seller to Tribunal Over Electricity Bill and Wins

A Malta-based seller of bitcoin mining machines is in hot water after failing to refund a customer who complained over high power bills.

Policy & regulation  ·  6 August 2019