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.
The Securities and Exchange Commission is suing Kraken for selling cryptocurrencies, but it looks like a recycled version of a losing lawsuit.
The SEC is facing another defeat in its recycled lawsuit against Kraken
The former FTX CEO was found guilty of seven felony charges on Nov. 2, for which he could face up to 115 years in prison.
Sam Bankman-Fried will not file any post-trial motions, say lawyers
Though many filings in the SEC case were made under seal, Judge Jed Rakoff reportedly suggested that nothing would remain confidential should the matter go to t...
Terraform Labs and SEC lawyers spar over whistleblower in court: Report
The battle continues as artists amend a lawsuit previously struck down by court authorities against major AI companies that have allegedly violated creative cop...
Evidence mounts as new artists jump on Stability AI, Midjourney copyright lawsuit
Kristin Johnson proposed several potential paths for handling digital assets in the United States — through Congress, having private companies address governanc...
Courts will provide ‘good guidance’ for crypto — CFTC commissioner
The soccer star’s Binance-tied NFTs allegedly promoted investments in unregistered securities on the crypto exchange.
Cristiano Ronaldo sued for promoting Binance, unregistered securities
Digital Currency Group has over $320 million left to repay, according to Genesis, and the deal would see that remaining sum repaid by April 2024.
Genesis strikes repayment deal with parent firm DCG to end $620M lawsuit