Category: Legal

Crypto fund which says Craig Wright is Satoshi gives update on legal battle

One fund says all evidence points to Craig Wright being the creator of Bitcoin. He is, in turn, suing payments giant Square and other influential Bitcoin and Bitcoin Cash businesses. BSV fund says fair game In a document shared with CryptoSlate today, crypto fund Unbounded Capital provided details on the ongoing legal battle between alleged…

February 5, 2021
A Bitcoin SV troll is allegedly sending death threats to one of Bitcoin advocates

Followers of the Bitcoin fork are alleging harassing some prominent Bitcoin industry proponents after a recent white paper controversy. Bitcoin SV member turns on CobraBitcoin A popular Bitcoin proponent received a proverbial shock last week after allegedly getting harassed by some members of the Bitcoin SV community, multiple tweets on social platform Twitter claimed. The…

February 1, 2021
XRP price spikes as Ripple pushes back against SEC’s $1.3 billion lawsuit

The price of now-embattled cryptocurrency XRP surged by up to 86%—just a day after Ripple Labs filed its response to the U.S. Securities and Exchange Commission’s (SEC) $1.3 billion lawsuit hanging over the company’s head. At press time, XRP was trading at around $0.47 per token, up 55.1% on the day. Simultaneously, the crypto’s price…

January 31, 2021
New class-action lawsuit against Ripple (XRP) filed in Florida

Florida resident Tyler Toomey has filed a class-action lawsuit against Ripple Labs, the blockchain-focused firm behind XRP cryptocurrency, alleging that the company violated the state’s securities laws by selling its tokens. This comes on the heels of the Securities and Exchange Commission (SEC) filing a $1.3 billion lawsuit against Ripple with similar allegations. “This is…

January 27, 2021
Want to fight against Craig Wright’s ‘ownership’ of Bitcoin? Here’s what to do

The computer scientist claims to have “invented” Bitcoin. And he is now forcefully taking over the asset’s open-source whitepaper. Take down the whitepaper Controversial Australian computer scientist Craig Wright is now threatening to sue the Bitcoin.org website, which hosts the asset’s nine-page whitepaper, among others, years after he first started to claim ownership of having…

January 22, 2021
IMF Says Only 23% of Central Banks Can Legally Issue Digital Currencies

Researchers at the International Monetary Fund (IMF) have examined the central bank laws of 174 IMF members to answer the question of whether a digital currency is really money. They found that of all the central banks studied, only about 23%, or 40 central banks, “are legally allowed to issue digital currencies.” IMF Explores if…

January 16, 2021
DC Magistrate Judge Calls Unhosted Wallet ‘Horror Story’ a ‘Fiction’

“Indeed, cash poses a greater challenge to law enforcement than cryptocurrency in unhosted wallets,” wrote Judge Zia Faruqui in an opinion on a forfeiture case.

January 14, 2021
Brad Garlinghouse answers tough questions on Ripple (XRP) lawsuit

The Ripple co-founder allegedly pocketed hundreds of millions from illegal XRP sales, among other allegations. Garlinghouse speaks up Ripple co-founder Brad Garlinghouse took to Twitter this morning to explain his side of the story amidst the ongoing US SEC lawsuit against the payments processing firm and issuer of XRP tokens. To recap, Ripple was hit…

January 8, 2021
Julian Assange’s Extradition to US Blocked Over Mental Health Concerns

A judge at the U.K.’s Central Criminal Court ruled Monday that there would be a “high risk” of suicide if Assange was sent to face charges in the U.S.

January 4, 2021
Serbia Legalizes Digital Assets Trading and Issuance

Serbia will now permit the issuance and trading of digital assets under a law that went into effect this week.

December 30, 2020