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.
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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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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Pharos developer Michael Lewellen said his lawyers are exploring all options for a path forward after a Texas judge dismissed the case without prejudice.
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The SEC’s handling of cases involving Justin Sun and Elon Musk was among the factors that caused the agency’s top enforcement official to quit, according to sources.
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A Nevada state judge has sided with local authorities to ban Kalshi’s sports, election and entertainment event contracts in the state for 14 days.
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US gaming lawyer Daniel Wallach says a Nevada state court-issued restraining order against Kalshi appears imminent, preventing it from offering sports-related contracts.
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Another crypto user sued the IRS in 2025 for allegedly violating his Fourth Amendment rights after the agency used a John Doe summons to collect his data from a crypto exchange.
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A Kalshi spokesperson said that the criminal case was based on ”paper-thin arguments” and claimed the company was exclusively under federal jurisdiction.
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The voluntary dismissal was filed without prejudice, meaning Beba and the DeFi Education Fund could refile the same case at a later date.
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Justice Cotter said the husband has a high chance of succeeding based on the available evidence and recommended an early trial.
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The regulator filed for dismissal of its case against BitClout founder Nader Al-Naji, after “reassessment of the evidentiary record."
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BlockFills has filed for Chapter 11 bankruptcy in the US after suspending deposits and withdrawals last month, citing deteriorating crypto market conditions.
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One judge sided with Custodia Bank, stating that a master account is “indispensable” for a bank’s day-to-day operations and being denied one is “akin to a death sentence.”
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While a judge granted a motion by Changpeng Zhao, he also ordered the plaintiffs in the case against Binance to file a second complaint or face ”total or partial dismissal.”
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