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US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

Tether (USDT) stablecoin issuer, IFinex and its subsidiary, Bitfinex exchange are facing charges of allegedly manipulating the price of Bitcoin in 2017. Although the company, on the other hand, is vehemently in denial of the charges levelled against it.

Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain

Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain

The largest U.S. public pension fund, CalPERS increased its stake in RIOT Blockchain (RIOT), a Bitcoin mining firm, during Bitcoin’s sensational price surge at the end of 2020.

Telegram Prohibited from Issuing Gram Tokens as US Court Grants SEC's Injunction

Telegram Prohibited from Issuing Gram Tokens as US Court Grants SEC's Injunction

A United States District Court has sided with the US Securities and Exchange Commission (SEC) granting an injunction against Telegram to to temporarily prevent the company from issuing its Gram tokens.

Shanghai High Court Pilots Blockchain Technology to Record Hearings for Court Reform

Shanghai High Court Pilots Blockchain Technology to Record Hearings for Court Reform

Shanghai’s high court has started using blockchain technology to record hearings as part of its court record reform pilot. During the meeting on the reform of court records, participants took part in observing the whole process of the court trial of a dispute over the equity transfer contract heard by the Shanghai Minhang District People’s Court.

Binance Sued for Cashing Out Illicit Hacked Funds Worth More Than $9 Million

Binance Sued for Cashing Out Illicit Hacked Funds Worth More Than $9 Million

Binance has been taken to court by Fisco, a Japanese crypto exchange, for allegedly facilitating the liquidation of at least $9 million in crypto after the latter was hacked in 2018.

Ripple Investor’s Request to Recuperate Its $175M Stock Investment Is Denied by the Court

Ripple Investor’s Request to Recuperate Its $175M Stock Investment Is Denied by the Court

The Delaware court has ruled that Ripple shareholder Tetragon will not be able to reclaim its Ripple equity in cash.

BitMEX CEO Arthur Hayes Agrees to Surrender to U.S. Authorities

BitMEX CEO Arthur Hayes Agrees to Surrender to U.S. Authorities

Fugitive executives of crypto derivatives exchange BitMEX have been discussing a surrender agreement with the U.S. government.

Telegram Appeals Federal Court Injunction to Stop Gram Distribution

Telegram Appeals Federal Court Injunction to Stop Gram Distribution

Telegram has filed an appeal to yesterday’s ruling by a United Stated federal court in favour of the US Securities and Exchange Commission (SEC) which has prohibited the issuance of Gram tokens for the time being.

Tokyo District Court Ordered Japan’s First Bitcoin Seizure

Tokyo District Court Ordered Japan’s First Bitcoin Seizure

The Tokyo District Court has set a legal precedent for the cryptocurrency industry in Japan, by issuing the first Bitcoin seizure.

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