Tag: Court Cases
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 [...]
Coinbase’s Allies Join Crypto Firm’s Case Against U.S. SEC
"As long as the SEC’s registration process requires a centralized issuer, it will be incoherent for crypto assets, meaningful disclosures will not hap [...]
Coinbase Accuses U.S. SEC of Breaking the Law in Rejecting Crypto Rulemaking
The SEC has spent a considerable time in court on crypto matters, and its record of judgements is – so far – a mixed bag. It lost badly in disputes wi [...]
Craig Wright Witness Defends Saying Headed for ‘Train Wreck’ as COPA Trial Enters Third Week
Before Matthews took the stand on Monday, David Bridges, CIO of Qudos Bank, who met Wright in 2006, and Wright's cousin Max Lynam participated by vide [...]
Sam Bankman-Fried's Sentence Might Be Lighter Than You'd Expect
Restitution paid to victims can be considered when sentencing, and judges in the Southern District of New York routinely impose shorter terms than gui [...]
New York Expands Fraud Case Against Digital Currency Group to $3 Billion
"The fraud and deceit were so expansive that many additional people have come forward to report similar harm," James said in a statement. "This illega [...]
Binance Sued by Families of Hamas Victims, Hostages
The plaintiffs, who are also suing Iran and Syria, accuse the crypto exchange of facilitating the financing of Hamas, which is listed as a terror grou [...]
SBF Request to Delay Sentencing Is Rejected by Judge Kaplan
"We submit that Mr. Bankman-Fried should not begin the sentencing process on the counts of conviction, including the presentence interview, until the [...]
Craig Wright’s Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case vs BTC Developers, English Court Rules
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