News
A court in northern California has ordered Kraken to provide information on users who traded more than $20,000 between 2016 and 2020 to the IRS.
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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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Quantstamp, Status Research, Civic Technologies, HDR Global Trading and Kaydex are off the hook, after five securities related lawsuits were dismissed in New York Courts earlier this week.
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An XRP advocate started a petition to SEC chair nominee Gary Gensler, asking him to end the lawsuit against Ripple should he be confirmed as the new chair.
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A Judge has nixed a lawsuit alleging Roger Ver and Jesse Powell and several other crypto figures engaged in market manipulation.
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A social media influencer known for “cash giveaways” has failed to show the money in alleged Bitcoin wire fraud scheme.
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The founder of the Argyle Coin Ponzi scheme has escaped paying a $4.5 million penalty to the SEC for operating a “web of fraudulent companies.”
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The Internal Revenue Service will likely not be penalized for obtaining records on a crypto user from Coinbase or Abra.
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John McAfee’s bodyguard and executive advisor has pleaded not guilty to involvement in crypto scams that duped investors out of $13 million.
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BitMEX's co-owner, Ben Delo, has pleaded not guilty after surrendering to U.S. authorities in New York.
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Chris Larsen has filed a motion to dismiss the SEC's case against him as part of the Ripple lawsuit.
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Top GPU manufacturer Nvidia is celebrating after a judge nixed the lawsuit accusing it of misleading investors by “understating” GPU sales to crypto miners.
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Telegram's TON saga seems far from over as a disgruntled investor seeks compensation.
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Mt. Gox creditors will vote on a proposed draft compensation plan in October.
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A U.S. federal judge ruled to dismiss a case against crypto firm Bancor, citing lack of personal jurisdiction and the plaintiff’s failure to prove losses.
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The era of tech giants buying up their up-and-coming competitors will be over if these senators get their way.
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