News
Almost two years after Sam Bankman-Fried was sentenced to 25 years in prison for his role in the downfall of crypto exchange FTX, the former CEO's lawyers will return to court.
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Court News
A court is a tribunal that has the authority to provide legal processes of resolving disputes between parties in criminal, civil and administrative matters relying on the law. The court is one of the branches of power and is crucial to the political, economical and social prosperity of the country it’s in. The decisions of the court may be crucial to any industry working under its jurisdiction. For example, a court can pause or cancel an unconstitutional law or establish new law enforcement practices in fields like IT, minerals, environment and others. The court has already been involved in the blockchain industry. Courts are working on Bitcoin-fraud cases, making decisions about measures of restraint for criminals that were operating with blockchain-based platforms and more. Famous blockchain-related court cases include Ross Ulbricht’s case about the dark market Silk Road and Mark Karpeles case concerning the Mt.Gox exchange bankruptcy.
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Stephen Miran has made few public statements on crypto or blockchain, but signaled in interviews before joining the Trump administration that he would support digital assets.
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Alex Mashinsky pleaded guilty to two felony counts in December, admitting in court to making false statements about the platform’s Earn Program.
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Crypto lawyer John Deaton says anyone who denies the “XRP Army” affected the outcome of the SEC and Ripple court case is either ignorant or lying.
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A former BJP legislator and 11 police officials have been convicted for the 2018 abduction of a Surat businessman in a plot to seize over 750 Bitcoin.
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Unicoin urged a New York judge to toss the SEC’s $100 million fraud case, arguing the regulator misquoted filings and relied on “snippets” taken out of context.
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Fenwick & West, a law firm once contracted by FTX, asked a judge to toss an updated lawsuit that claims it was key to the exchange’s fraud.
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Prosecutors appealed the sentences given to HashFlare founders Sergei Potapenko and Ivan Turõgin, after arguing the pair should get 10 years in prison.
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The judge suggested that a brief stay while awaiting a ruling in a similar case in the appellate court could “reduce the burden of litigation.”
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After a BlockFi investor withdrew an objection filed in February, a judge appeared to clear the way for the next step in a settlement of a class-action lawsuit.
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Taiwanese prosecutors reportedly indicted 14 people accused of orchestrating the country’s biggest money laundering case involving cryptocurrency.
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FTX creditors claim they are being targeted via phishing emails after their information was leaked in a data breach in August 2023.
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Robinhood Derivatives has sued New Jersey and Nevada regulators to stop any potential regulatory action over its sports event contracts.
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A judge said Logan Paul’s bid to toss a suit over the collapse of CryptoZoo should be allowed, but the class-action group should also get a chance to update its claims.
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Parag Agrawal, the former Twitter CEO ousted by Elon Musk, has launched an AI startup aimed at driving the next wave of AI agent research.
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