Tag: Court Cases
U.S. SEC Loses Crypto Lawsuit Over ‘Dealer’ Definition That Pushed Into Crypto
Gensler's departure press release on Thursday referenced the agency's clashes with crypto, noting, "Court after court agreed with the Commission’s act [...]
Coinbase (COIN) Escalates U.S. SEC Fight Over the Agency’s Inside Chatter on ETH
Coinbase hired History Associates Inc. to pursue SEC communications under the Freedom of Information Act – a process that initially concluded with the [...]
Crypto Promoter and Failed Politician Michelle Bond Accused of Illegally Taking FTX Cash
Michelle Bond, who once ran a Washington-based crypto advocacy group and had served as a U.S. Securities and Exchange Commission lawyer, was indicted [...]
U.S. SEC Asks NY Court to Deny Coinbase’s ‘Breathtakingly Broad’ Subpoena Request
The request for Gensler’s personal communications appears to have been a bridge too far for the SEC, which has described the subpoena as a “blatant im [...]
Coinbase Narrows Demand for SEC Chair Gensler's Crypto Messages
Coinbase Inc. (COIN) is going after internal chatter at the U.S. Securities and Exchange Commission (SEC) that may shed light on its pursuit of crypto [...]
Australian Regulator ASIC Scolded Over ‘Misleading’ Release, Must Pay Costs as Block Earner Avoids Penalty
ASIC subsequently published a press release entitled "Court finds Block Earner crypto product needs financial services licence." While the release ack [...]
BitGo’s $100M Suit Against Galaxy Digital Can Proceed, Delaware Supreme Court Rules
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Coinbase Slugs It Out With U.S. SEC in Effort to Get Key Crypto Question Answered
The request would have to be accepted by the courts, including Judge Katherine Polk Failla, of the U.S. District Court for the Southern District of Ne [...]
Jury Begins Deliberations in U.S. Civil Fraud Case Against Do Kwon, Terraform Labs
During her closing arguments on Friday, SEC attorney Laura Meehan told the jury that during a prior de-peg in May 2021, Kwon and Terraform Labs made a [...]
OneCoin Compliance Chief Sentenced to 4 Years in Prison for Role in $4B Ponzi Scheme
OneCoin’s co-founders, Bulgarian national Ruja Ignatova and joint U.K. and Swedish citizen Karl Greenwood, promoted the fictitious cryptocurrency – wh [...]
Google (GOOG) Takes Legal Action Against Alleged Crypto Scammers for Uploading Fraudulent Apps
Victims were lured to download the apps with promises of high returns from investing in crypto and other products, which the lawsuit described as "ill [...]
Binance Executives File Suit Against Nigeria: Local Media
In separate filings, Tigran Gambaryan, head of financial crime compliance at the world's largest crypto exchange, and Nadeem Anjarwalla, regional mana [...]
Craig Wright Assets Frozen to Prevent Him Evading Court Costs Related to Satoshi Nakamoto Case
In a March 14 decision, Judge James Mellor, who heard the case brought by the Crypto Open Patent Alliance (COPA), also found Wright didn't author the [...]
Nigeria Charges Binance With Tax Evasion: Reports
The charges were announced by the Federal Inland Revenue Service (FIRS) and filed at the Federal High Court in Abuja with case number FHC/ABJ/CR/115/2 [...]
London Jury Finds Jian Wen Guilty of Laundering Bitcoin Tied to Alleged China Investment Fraud: Bloomberg
Jian Wen, who denied the allegations, helped her former employer launder the funds between 2017 and 2022, a London jury found. The jury couldn't reach [...]