Indian Supreme Court Postpones Crypto Case to November

Indian Supreme Court Postpones Crypto Case to NovemberThe Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case today. Also read: RBI Ban Stops Indian Police […]

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Court Instructs Craig Wright to Distribute Billions to Plaintiffs

Court Ruling Instructs Self-Styled Satoshi to Distribute Billions to PlaintiffsOn August 26, the self-proclaimed Bitcoin inventor, Craig Wright, was ordered by Southern District Court of Florida to distribute half of his BTC holdings and intellectual property assets from prior to 2014. According to the Kleiman estate attorney Vel Freedman, the family has waited a long time for the ruling and they believe things are […]

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RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court Today

RBI’s Power Over Crypto Challenged at Length in Supreme Court TodayThe Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country regulates them. Also read: India to Introduce Crypto […]

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Israeli Court Rules Bitcoin Is an Asset

Israeli Court Rules Bitcoin Is an AssetAn Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor of the tax authority, endorsing the central bank’s […]

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Court Reconsiders Ruling After SEC Proves Blockvest Tokens Are Securities

Court Reconsiders Ruling After SEC Proves Blockvest Tokens Are SecuritiesAfter failing to convince a federal court regarding the nature of Blockvest tokens in the previous hearing, the U.S. Securities and Exchange Commission (SEC) has finally convinced the same judge that these tokens are securities. The agency alleges that the firm and its founder made several false claims regarding their token’s regulatory status. Also read: SEC […]

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Drug Dealer Fights to Prevent Canadian Police From Forfeiting His BTC

Drug Dealer Fights to Prevent Canadian Police From Forfeiting His BTCA Canadian online drug dealer, snared by an undercover police agent on the dark web, is pleading to be allowed to keep half of the 288 bitcoins that police seized from him as proceeds of crime. With prosecutors seeking a court order to forfeit the crypto stash, worth CAD$1.4 million (US$1.1 million), the 30 year-old […]

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Indian Supreme Court Pushes Crypto Case Against RBI to End of February

Indian Supreme Court Pushes Crypto Case Against RBI to End of FebruaryThe case against the crypto banking ban by the Reserve Bank of India (RBI) was unexpectedly heard at the country’s supreme court on Thursday. However, senior advocates for the parties were reportedly absent, so a new date has been set and the crypto case will be “top of the list” on that date. Also read: Indian […]

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Phillip Frost Agrees to Settle Riot Blockchain Related Case for $5.5 Million

Phillip Frost Agrees to Settle Riot Blockchain Related Case for $5.5 MillionRiot Blockchain, Inc. replaced its CEO in September after the SEC charged him in connection with a fraudulent $27 million pump and dump scheme. Now another person involved in that case, biotech billionaire Phillip Frost, has agreed to pay $5.5 million to settle the charges. Also Read: The Daily: Best Selling Authors Introduce Bitcoin to […]

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Judge Denies Craig Wright’s Motion to Dismiss Billion-Dollar Bitcoin Lawsuit

Judge Denies Craig Wright's Motion to Dismiss Billion-Dollar Bitcoin LawsuitOn Dec. 27, court documents from the case against the Nchain chief scientist, Craig Wright, explained a large portion of his recent dismissal motions were found “not warranted” and were denied. Wright is being sued for 1.1 million BTC in a legal case in Florida that alleges he manipulated David Kleiman’s family. Also Read: Many Self-Proclaimed […]

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