Tags : Court

Bitcoin

China court doubles down on crypto FUD. Says sector ‘not

A regional high court in China’s Northern Shandong province’s high court said yesterday that crypto trades or investments are not “protected by law,” after reviewing a case involving the asset class, a report on SCMP stated. Local authorities feel the ruling could set a precedent for other courts in China. As such, the case marks […]Read More

Regulation

Ripple catches another break as court allows access to SEC’s

Ripple Labs’ request to access the US Securities and Exchange Commission’s (SEC) non-public policies regarding agency employees buying and selling XRP and other cryptocurrencies was granted by the appointed judge, according to XRP holders’ legal representative. Meanwhile, Ripple’s lawyer claims the SEC intends to file a motion and quash the company’s deposition subpoena served on […]Read More

Regulation

Ripple (XRP) asks court to impose deadline on the SEC

In the Securities and Exchange Commission (SEC) vs. Ripple lawsuit, the San Francisco-based fintech firm has accused the securities regulator of willfully refusing to hand over documents related to BTC, ETH, and XRP. This is despite Judge Netburn’s ruling on April 6 ordering the SEC to reveal communications regarding the above cryptocurrencies. The standstill is […]Read More

Regulation

Six XRP investors to be excluded from court hearing as

The latest twist in the SEC vs. Ripple lawsuit has the U.S securities regulator file a reply memorandum in further opposition to the motion to intervene, a new filing shows. The motion to intervene on behalf of XRP holders was granted by Judge Torres in late March, following the unsuccessful attempt by the SEC to […]Read More

Bitcoin

Bitcoin exchange Kraken to probe user accounts after U.S. court

The U.S. Internal Revenue Services, the country’s main body responsible for collecting taxes and administering the Internal Revenue Code, will probe users of crypto exchange Kraken after a court order, news outlet Reuters said this morning. The taxman comes for crypto: DOJ says a federal court has authorized the IRS to serve a John Doe […]Read More

Bitcoin

UK court to consider Craig Wright’s claim of ‘inventing’ Bitcoin

The UK High Court has allowed Craig Wright’s lawyers to pursue legal action against the bitcoin.org website for copyright infringement. Wright is infamous for claiming to Satoshi Nakamoto, the pseudonymous creator of Bitcoin, without ever providing proof of the claims. Legal action was sparked when the owner of bitcoin.org, known only as “Cobra,” denied Wright’s […]Read More

Bitcoin

Bitcoin jumps $4,000 as Bitfinex and Tether settle with New

A long-running case regarding Tether’s alleged fake dollars and Bitfinex’s involvement in covering up parts of the former’s business have drawn to a close today. $18.5 million fine Stablecoin issuer Tether and Bitfinex, a prominent crypto exchange and its parent company, have today settled with New York courts on a long-running case that saw the […]Read More