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court

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25 Apr 23

Gibraltar court freezes Globix assets, searching for lost funds

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Incoming reports indicate that liquidators from Globix trading networks just got a court order freezing assets, allowing them to acquire info from crypto exchanges. Globix, a cryptocurrency trading network, just recently went into liquidation. The court appointed Joanne Wild, Adrian Hyde, […]

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23 Apr 23

US court sides with Yuga Labs, agrees RC BAYC are copycats

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The United States District Court for the Northern District of California has sided with Yuga Labs, the creator of Bored Ape Yacht Collection (BAYC), in their case against Ryder Ripps and Jeremy Cahen. Yuga Labs wins case against Ryder Ripps In a partial […]

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22 Apr 23

FBI receive referral as sued YouTube star fails to attend court

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Following Ben “BitBoy” Armstrong’s refusal to attend a court hearing over his promotion of FTX, a defunct cryptocurrency exchange, a referral was made to the United States Federal Bureau of Investigation (FBI). Moskowitz counseled the plaintiffs who sued many YouTubers, including […]

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22 Apr 23

Hong Kong High Court shines a light on crypto’s future

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a groundbreaking decision, the Hong Kong High Court recognized cryptocurrency as property, marking a significant milestone for the future of digital assets in the city and beyond. The verdict, which centered on a liquidation case involving the now-defunct Hong Kong-based […]

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05 Apr 23

Trump NFTs’ sales surge again amid his court appearance

The NFT collection of the ex-president of the United States, Donald Trump, had a considerable rise in sales immediately after his court appearance on April 4 in New York. With the release of the first set of Trump digital trading cards in December, the value of these collectibles has significantly increased, with the last significant […]

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01 Apr 23

Elon Musk reportedly wants court to dismiss $258 billion dogecoin lawsuit

According to reports, Elon Musk and his legal team pleaded to a United States court this week to dismiss a $258b lawsuit filed against him. The complaint was launched by investors who complain that the billionaire ran a pyramid scheme to promote dogecoin, a cryptocurrency. The plaintiffs brought up Musk’s appearance on Saturday Night Live (SNL) […]

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30 Mar 23

Denmark’s supreme court rules bitcoin profits are taxable

The supreme court of Denmark in a recent judgment ruled that profits obtained from the sale of bitcoin were taxable, with the ruling applying to investors and miners. Investors and miners are to be taxed for gains on BTC sale The ruling which was given on March 30, 2023, involved two cases where the court […]

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25 Mar 23

identity confirmed and presented in court

Do Kwon, the founder of the failed crypto network Terraform Labs, was arrested on Thursday, Mar. 23, after months of evading authorities and regulators. Kwon arrested, identity confirmed The troubled Terra founder is responsible for over $40b in losses after the crash of two crypto assets, LUNA (now Luna Classic) and TerraUSD algorithmic stablecoin, UST. The news […]

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13 Feb 23

Coinbase to defend against staking services ban in court

Brian Armstrong, the CEO of Coinbase, made a remark on Twitter where he declared that Coinbase’s staking services are not securities. Armstrong also added that the company would gladly defend this position in court if necessary after rumors of a staking ban made rounds. The US Securities Act and the Howey test, which the SEC […]

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01 Feb 23

Court reveals SBF family involvement in FTX case

On Jan. 28, 2023, John J. Ray III, the current FTX CEO, who led the investigations team, revealed the SBF’s family involvement with the FTX bankruptcy case claiming that he has no doubt the SBF’s family was paid. SBF’s Family Involvement Revealed The parents of FTX founder Sam Bankman-Fried are under investigation for their alleged […]

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