Category: Legal
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Kleiman Bitcoin Case Heads to Trial as Motion for Sanctions Against Craig Wright Is Denied
A Florida judge threw out a motion for sanctions against Wright saying the lawsuit over 1.1 million BTC would be better decided by a jury.
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Is Bitcoin personal property or not? Recent stolen crypto cases are providing clarity
It is no secret that the market for stolen cryptocurrency is estimated in the tens of billions of US dollars. Returning these funds to the rightful owner is not an easy task because among other things our legal institutions have not developed a clear mechanism for returning them. New opportunities for tracking the flow cryptocurrency…
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Here’s the simple reason why the new class-action lawsuit against 11 crypto companies may soon be dismissed
Some of the most prominent crypto companies in existence are now facing a torrent of coordinated class-action lawsuits, which accuse them of issuing and selling unregistered securities to unsuspecting investors. Some of the defendants include notable exchanges such as Binance, Bitmex, and KuCoin, as well as prominent blockchain and crypto companies like TRON, Block.one, and…
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UK Banking Pilot Aims to Streamline Compliance Using Factom Blockchain
Crypto startup Knabu is launching a 30-day pilot today to put regulatory reporting on the blockchain.
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Philippines Now Has 10 Approved Cryptocurrency Exchanges
The Philippines is catching up to Japan with a growing number of approved cryptocurrency exchanges. The central bank has green-lighted 10 crypto exchanges so far. Meanwhile, one of the country’s largest banks now has a bitcoin ATM at one of its main branches. In addition, the Cagayan Economic Zone Authority has independently licensed 24 crypto…
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Mt Gox Creditors Warn Mass Sale Could Put Bitcoin Fork Prices At Risk
A group of Mt. Gox creditors has warned of a market risk to forks of bitcoin in a draft plan for the collapsed exchange’s civil rehabilitation.
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Plaintiff in AT&T SIM-Swapping Case Sues ‘Bitcoin Bandit’ for $81M
The plaintiff in a $224M lawsuit against wireless carrier AT&T has turned his attention to a new target. Michael Terpin’s legal team have filed a second suit, this time against 21-year-old Nicholas Truglia, dubbed the “bitcoin bandit” by the New York press. The Manhattan resident, who was arrested on unrelated SIM-swapping charges in November, now…
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Judge Denies Craig Wright’s Motion to Dismiss Billion-Dollar Bitcoin Lawsuit
On 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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Wendy McElroy: Don’t Smash the State, Bypass the State
The Satoshi Revolution: A Revolution of Rising Expectations Section 5: Saving the World Through Anarchism Chapter 11, Part 7 Crypto Justice: Don’t Smash the State, Bypass the State. The 19th century individualist-anarchist Benjamin Tucker referred to anarchism as “society by contract.” The contracts could express any exchange, from leases to prostitution, from insurance policies to drug…
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Venezuela’s Supreme Court Orders Payment in National Cryptocurrency
Venezuela’s Supreme Tribunal of Justice has ordered a compensation payment of 266 petros, the country’s national cryptocurrency, in a workplace injury case. Meanwhile, the Venezuelan government has launched the petro savings plan, backed by 4 million of the digital currency. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Venezuela’s Supreme Court Recognizes Petro The…