Law

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

Supreme Court Will Not Reconsider Ross Ulbricht’s Life Sentence

2 weeks ago admin2 Comments Off on Supreme Court Will Not Reconsider Ross Ulbricht’s Life Sentence
News On June 28, 2018, the US Supreme Court revealed it would not re-evaluate Ross Ulbricht’s court case and double life sentence tied to his charges of operating the Silk Road marketplace. Ulbricht’s legal team and family were hoping the recent Carpenter Vs. US Supreme Court case would spur court officials to reconsider the Ulbricht’s Read More

Spain Tackles Corruption With Blockchain AI and Amendments to Its Anti-Corruption Laws: Expert Take

1 month ago admin2 Comments Off on Spain Tackles Corruption With Blockchain AI and Amendments to Its Anti-Corruption Laws: Expert Take
According to TI’s Corruption Perceptions Index for 2017, Spain slid eight points to be one of the EU’s lowest ranked countries due to a spate of high-profile corruption scandals over the last decade — with public procurement being particularly vulnerable. Albeit, Spain has been actively combating corruption by amending its anti-corruption laws and by developing Read More

The Record-Breaking $152 Million Battle Over Blockchain Betting Tool Augur

2 months ago admin2 Comments Off on The Record-Breaking $152 Million Battle Over Blockchain Betting Tool Augur
Three years ago, Augur, a prediction market system that runs on the ethereum blockchain, held one of the first initial coin offerings (ICOs), long before the funding mechanism gained mainstream momentum. Between August 7 and September 5, 2015, the project issued 8.8 million reputation (REP) tokens from a maximum circulating supply of 11 million tokens, Read More

The SAFT Is Alive But Who Knows How Well

3 months ago admin2 Comments Off on The SAFT Is Alive But Who Knows How Well
Risky and rational. That about sums up the state of U.S. token sales in the wake of new dialogue on whether the mechanism, by which startups are issuing custom cryptocurrencies to raise funds, is compliant with the law. Lost in the dialogue, however, has been that there are many more specific types of token sales. Read More

US Congressman: ‘Race to Regulate’ Won’t Solve Crypto Fraud

3 months ago admin2 Comments Off on US Congressman: ‘Race to Regulate’ Won’t Solve Crypto Fraud
Though fraud is undoubtedly an issue in the cryptocurrency ecosystem, U.S. Congressman Patrick McHenry believes lawmakers shouldn’t rush to impose new regulations. “It’s my fear that Congress and other policymakers get wrapped up in the hype of bitcoin and feel like doing something – anything – is better than nothing,” he told CoinDesk in an Read More

Australian Regulations for Cryptocurrency Exchanges Introduced

3 months ago admin2 Comments Off on Australian Regulations for Cryptocurrency Exchanges Introduced
Regulation Australia’s new legislative guidelines for the operation of cryptocurrency exchanges were introduced on the 3rd of April 2018. From now on, Australian digital currency exchange businesses will be required to register and comply with anti-money laundering/counter-terrorism financing (AML/CTF) laws. Also Read: Companies Outsource Marketing to India Amid Ban on Crypto Ads  Australia Introduces AML/CTF Requirements Read More

The foremost legal mind on sexual harassment didn’t get tenure for more than a decade

4 months ago admin2 Comments Off on The foremost legal mind on sexual harassment didn’t get tenure for more than a decade
Catharine MacKinnon’s work led to the creation of the field of anti-sexual harassment law. A book she wrote in her twenties argued that sexual harassment in the workplace constitutes sexual discrimination—a claim the US Supreme Court later agreed with. And yet, the brilliant lawyer and scholar had trouble securing academic tenure. In an interview with Read More

Bill Promises to Rid New York of Bitlicense Fees

4 months ago admin2 Comments Off on Bill Promises to Rid New York of Bitlicense Fees
Economy & Regulation A bill that may turn New York into a friendlier place for crypto entrepreneurs has been introduced in the state’s Assembly. The draft is intended to “safeguard” cryptocurrency business activity and “prohibit” licensing fees. Its sponsors want to replace the costly Bitlicense regulations with a licensing regime based on audits. The aim Read More