Court

YouTube Added as Defendant in Class Action Lawsuit Against BitConnect

1 week ago admin2 0
According to court documents filed July 3, YouTube has been added as a defendant in a class action lawsuit against BitConnect. The lawsuit was initially filed on January, 24 by six individuals represent by law firm Silver Miller. The claimants state that crypto investment platform BitConnect issued crypto tokens that were unregistered securities, and obtained Read More

Japanese Police Arrest Coinhive Users for Violating Law Banning Computer Viruses

4 weeks ago admin2 Comments Off on Japanese Police Arrest Coinhive Users for Violating Law Banning Computer Viruses
News Japanese police from 10 prefectures have arrested website operators using Coinhive to tap into the computer power of their site visitors to mine cryptocurrencies without consent. They are accused of violating the law banning the use of computer viruses. Some people have already been fined. The police have been monitoring the Coinhive program since Read More

India: Supreme Court Denies Interim Injunction Against Reserve Bank Of India Restrictions

2 months ago admin2 Comments Off on India: Supreme Court Denies Interim Injunction Against Reserve Bank Of India Restrictions
The Supreme Court of India declined to grant an interim injunction against the Reserve Bank of India (RBI) circular banning banking services for companies dealing in cryptocurrency, according to a Twitter post by Crypto Kanoon May 11. Crypto Kanoon is a team of Indian lawyers engaged in crypto regulatory analysis and legal awareness. Supreme Court Read More

Bitcoin in Brief Thursday: Bitgrail and Btcxchange Crypto Traders in Troubled Waters

2 months ago admin2 Comments Off on Bitcoin in Brief Thursday: Bitgrail and Btcxchange Crypto Traders in Troubled Waters
The Daily In today’s Bitcoin in Brief – crypto traders are in trouble due to issues with the trading platforms they have trusted. Hacked Italian Bitgrail exchange is closed again after a brief reopening. It suspended operations on request from the court of Florence, following a petition  filed on behalf of one of its creditors. Read More

Russian, Chinese, Korean Associations to Sue Internet Giants Over Banned Crypto Ads

4 months ago admin2 Comments Off on Russian, Chinese, Korean Associations to Sue Internet Giants Over Banned Crypto Ads
Featured Cryptocurrency and blockchain associations from Russia, China and South Korea plan to file a class action against internet corporations banning crypto ads. The lawsuit will challenge restrictions imposed by Facebook, Google, Twitter and Yandex. An agreement to take the matter to court in the US has been reached at a crypto conference in Moscow. Read More

Court Strikes Down Ban on 40 Bitcoin Sites in Russia

5 months ago admin2 Comments Off on Court Strikes Down Ban on 40 Bitcoin Sites in Russia
Regulation Saint Petersburg City Court has struck down a ban on 40 bitcoin related websites offering information about cryptocurrencies and exchange services in Russia. The ban was imposed by a district court in May last year, following a request from the Prosecutor’s Office. It prohibited the “spreading of information” about bitcoin, as well as buying Read More

Three Kenyans Face Felony Charges for Selling Bitcoin to a Bank Robber

7 months ago admin2 Comments Off on Three Kenyans Face Felony Charges for Selling Bitcoin to a Bank Robber
Security One of the fundamental aspects of money is that its origins are irrelevant for its use or value (Pecunia non olet), also called fungibility. Simply put, one shouldn’t face charges if someone used ill-gotten funds to buy something from oneself. This principal is now under question in Kenya where three bitcoin traders have gotten Read More

The next Trump legal crisis: Who is in charge at the Consumer Financial Protection Bureau?

8 months ago admin2 Comments Off on The next Trump legal crisis: Who is in charge at the Consumer Financial Protection Bureau?
Who will lead the only US financial regulator focused on protecting regular people? That’s a problem that will need to be solved by the courts, thanks to a legal mess created by president Donald Trump. The Consumer Financial Protection Bureau was set up after the financial crisis, when it became clear that part of the Read More

Mark Karpeles Wants to Resurrect Mt Gox with an ICO

8 months ago admin2 Comments Off on Mark Karpeles Wants to Resurrect Mt Gox with an ICO
Featured Yes, you read that right. Fallen figure Mark Karpeles wants to resurrect Mt Gox, which collapsed in 2014 with the loss of 850,000 bitcoins. He proposes using an ICO and he’d really like your help. Where else is he going to raise the required $245 million? It sounds absurd, but before you hit caps Read More

Half a Billion Dollar ICO Tezos Stung by Second Lawsuit in Under a Month

8 months ago admin2 Comments Off on Half a Billion Dollar ICO Tezos Stung by Second Lawsuit in Under a Month
News Tezos, a company with over half a billion dollars in crypto assets, have been rocked by yet another lawsuit. Following a record-breaking ICO four months ago, founders Arthur and Kathleen Breitman have endured a torrid time after falling out with the head of the Tezos Foundation. Concerned investors filed a class action lawsuit on October Read More