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.
Pakistan’s finance and law ministries are yet to make a decision on a potential blanket ban on crypto in the country.
Pakistan’s central bank reportedly wants to ban crypto
Coinbase CEO Brian Armstrong reportedly offered investment in Knowledgr while secretly working on his own competitor project, ResearchHub.
Blockchain startup sues Brian Armstrong for allegedly stealing its work
The plaintiff in the case demanded 217.7 BTC in compensation for his Bitcoin mining infrastructure investment.
Beijing court rejects monetary compensation in Bitcoin mining contract plea
The SHC also asked for a report on deliberations surrounding crypto regulations within the same time period.
Pakistani high court orders government to regulate crypto in three months
eNaira will continue to circulate alongside its fiat counterpart, promising a faster, cheaper and more secure option for monetary transactions.
Federal High Court of Nigeria approves eNaira CBDC rollout
"Litigation will expose this case for what it is: a clumsy attempt at a money grab, which recklessly harms the whole cryptocurrency ecosystem," said Tether.
Tether scores win in class action case as court dismisses RICO claims
The plea deal ends a nearly two-year legal battle between Griffith and U.S. prosecutors tied to a presentation the developer gave in Pyongyang.
ETH developer pleads guilty for conspiracy to violate sanctions laws