News
Sullivan & Cromwell’s Andrew Dietderich said the company has AI policies to prevent incorrect citations and other errors, but procedures weren’t followed on this occasion.
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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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Sun said the suit is to protect his rights as a token holder, but he remains a supporter of President Donald Trump and his administration’s efforts to make the US crypto-friendly.
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A group of JENNER memecoin buyers sued Jenner and her late manager, Sophia Hutchins, in November 2024 claiming they lost thousands when the token plummeted in value.
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Meta-1 Coin was sold and marketed from 2018 to 2023 as an investment backed by $44 billion in gold and $1 billion in artworks, which turned out to be fictional.
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Circle was accused of aiding and abetting the conversion of the stolen funds and negligence after it did not freeze funds stolen from the Drift Protocol in April.
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An appellate court is expected to reach a decision after hearing arguments from Kalshi and lawyers representing the state of Nevada.
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The US Justice Department and commodities regulator asked a federal court to block Arizona’s action against Kalshi, arguing federally regulated event contracts fall under CFTC jurisdiction.
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Yuga Labs first filed a lawsuit in June 2022, accusing Ripps and Cahen of copying its Bored Ape Yacht Club cartoon ape images and selling lookalike NFTs.
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“In our view, the equitable balance here cuts in favor of the government,” said a panel of judges from the District of Columbia Court of Appeals.
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Roman Storm, the co-founder of the crypto mixing service, still faces a possible retrial on two charges after a jury failed to reach a verdict in 2025.
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One of the three convicted terrorism financiers sent $49,000 worth of stablecoins to a foreign exchange before it was routed to an ISIS-linked campaign.
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A Singapore court ordered OneKey founder Wang Lei and an X user to stop threatening or defamatory claims tied to a dispute over the 2025 Resupply exploit.
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Prosecutors allege the stolen funds were used to purchase collectibles, including Pokémon cards, antique Roman coins and a piece of fabric from the Wright brothers' plane.
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Judge Rita Lin said it was not until Anthropic raised concerns about how its technology could be used that the US government announced a plan to "cripple Anthropic."
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A California judge has certified an investor class in the Nvidia securities suit over alleged misstatements on crypto mining GPU sales, advancing the case toward a potential trial.
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