Legal Brief News

Lawyers struggled for months to serve O’Neal as part of a broader $21 billion lawsuit involving celebrity FTX promoters.

The trader sold 62 CryptoPunk NFTs in 2021, earning approximately $7.4 million in profit, followed by the sale of 35 more in 2022 for an additional $4.9 million.

The transfer of the bankruptcy claim from FTX EU to FTXcreditor could have a significant impact on stakeholders.

Cred sued Uphold in June over a jointly promoted crypto yield product called CredEarn.

Not all the experts are rushing to call the development “groundbreaking,” but it will certainly help the industry combat fraud.

There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression.

Courts are beginning to modernize the Howey Test for blockchain tech and cryptocurrencies.