News
The trader sold 62 CryptoPunk NFTs in 2021, earning approximately $7.4 million in profit, followed by the sale of 35 more in 2022 for an additional $4.9 million.
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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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The SEC and Ripple have paused XRP lawsuit appeals amid ongoing settlement talks and speculation that incoming SEC chair Paul Atkins may drop the case.
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US authorities allege the Nate app was not powered by artificial intelligence but actually overseas human workers who manually processed transactions.
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Griffith was arrested in 2019 for giving a lecture titled "Blockchains for Peace in North Korea" to an audience in Pyongyang.
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A Florida federal court judge has signed off on an $11 million settlement between retired pro basketball star Shaquille O’Neal and buyers of the Astrals NFT collecton.
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A Nigerian court has adjourned the tax authority’s case against Binance until April 30 to allow time for the regulator to respond to a request from the company.
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The Australian securities regulator’s application to close 95 “hydra” firms believed to be running crypto trading and romance scams has been approved by the Federal Court of Australia.
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“I don’t appreciate being misled,” said a New York judge after seeing an AI avatar used to represent a defendant.
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The Third Panel of the Brazilian Superior Court of Justice determined that cryptocurrencies can be seized by courts to repay creditors.
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CLS Global is one of the “victims” of the FBI’s trap token NexFundAI, alongside Hong Kong-linked ZM Quant Investment and Russia-linked Gotbit Consulting.
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The preliminary injunction blocking Bitcoin purchases is connected with a broader dispute surrounding a merger with Fatbrain AI that went sour in October last year.
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Kentucky’s Department of Financial Institutions is the third state-level regulator in the past month to drop its action over Coinbase’s staking rewards.
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Galaxy Digital will pay $200 million to settle allegations of promoting collapsed crypto Terra without disclosure, as the NY AG claimed it spread false information.
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A Texas judge found Logan Paul “sufficiently alleged” Stephen Findeisen made defamatory remarks about CryptoZoo, and his lawsuit should go ahead.
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Ben Armstrong, also known as “BitBoy,” claimed on March 21 that he had a warrant for his arrest over emails to a judge.
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