News
The predictions platform suggested that “election markets are here to stay” in a social media post after the Commodity Futures Trading Commission filed its request with the 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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Lawyers for Samourai Wallet’s founders claim prosecutors hid for over a year and a half that the Treasury told them the crypto mixer likely didn’t need a license.
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The former CEO of Celsius Network is scheduled to appear before a judge for sentencing after pleading guilty to two felony charges in December.
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The SEC is looking to drop its unregistered securities offering lawsuit against crypto YouTuber Ian Balina in the agency’s latest move to wind back its crypto enforcement.
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Avraham Eisenberg was sentenced on a charge related to child sexual abuse material before his criminal case related to the 2022 Mango Markets exploit.
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The case stems from the US Internal Revenue Service's attempt to obtain Coinbase users' transaction data in 2016.
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FTX has sued NFT Stars and Kurosemi, which operates as Delysium, in the collapsed crypto exchange’s latest bid to try to scrape together money for its creditors.
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The DOJ stated that Mashinsky’s plea showed that his crimes were “not the product of negligence” but the result of “deliberate, calculated decisions to lie.”
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A proposed class lawsuit is asking Nike for $5 million in damages, claiming it broke consumer protection laws and various state unfair trade and competition laws.
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The Securities and Exchange Commission said in a joint stipulation with Dragonchain that it wants to drop its lawsuit, citing the work of its Crypto Task Force.
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Mango Markets has filed a victim impact statement asking the court that in light of Eisenberg’s conviction, to grant $47 million in restitution to the exchange.
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US prosecutors have shared over 200 victim impact statements in their case against admitted fraudster Alex Mashinsky, whose sentencing is set for May 8.
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Richard Schueler, who goes by Richard Heart, hailed the SEC’s abandonment of the fraud case against him as a victory for open-source software, cryptocurrency and free speech.
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Australia’s financial regulator launched civil legal proceedings in November 2022, arguing Block Earner needed a financial services license to offer its crypto-linked fixed-yield earning products.
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While bail conditions for the two Estonian nationals, who pleaded guilty to wire fraud, require them to remain in Washington state, an order from the US DHS urges them to "immediately" depart.
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