News
The Nasdaq-listed AI company’s treasury surpassed the 100 BTC mark after a favorable court order enabled it to resume Bitcoin accumulation.
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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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Alex Mashinsky and related entities have forfeited all claims to Celsius’ bankruptcy estate as the court prioritizes restitution to creditors.
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Paradigm’s chief legal officer and general counsel said if Roman Storm is found guilty, it could slow future software development in the crypto and fintech industries.
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Roughly two years after the initial indictment, the Tornado Cash developer’s criminal trial is expected to begin on July 14.
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The CFTC said that My Big Coin investors might not get their money back as the alleged operators “may not have sufficient funds or assets.”
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Disney said it filed the complaint after its request to Midjourney to adopt anti-copyright infringement measures was ignored.
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Consumer Financial Protection Bureau acting enforcement director Cara Petersen has quit, saying that she has never “seen the ability to perform our core mission so under attack.”
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The Justice Department has filed a civil forfeiture complaint to seize crypto and NFTs allegedly tied to laundering efforts by North Korea.
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Ukrainian police claimed the man’s actions caused a server hosting company to suffer losses estimated at over $4.4 million.
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After buying 32,000 BlackBerry patents, Malikie Innovations sued Bitcoin miners Marathon Digital and Core Scientific over alleged use of its intellectual property.
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Trung Nguyen was caught after accepting money from undercover cops, making several transactions and sending them Bitcoin in return.
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A Block Earner spokesperson told Cointelegraph that ASIC's case against the firm has escalated to a “broader legal question” around the definition of a financial product.
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The jury in John Karony's case took a matter of hours to deliberate after a roughly two-week trial, during which he repeatedly claimed he was innocent.
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India’s Supreme Court questioned the government’s failure to regulate cryptocurrencies despite taxing them, warning that Bitcoin and similar assets pose economic risks.
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Binance says all members of a class lawsuit alleging it sold securities should be sent to arbitration, claiming they waived their ability to sue the crypto exchange under its terms of use.
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