LEGAL
Since the emergence of Bitcoin, policies and laws around cryptocurrencies has been controversial. Some countries have started to embrace digital currencies, while others have decided to ban digital assets altogether. Lawmakers and policymakers are beginning to evaluate the benefits of cryptocurrencies, while also raising concerns.
Voyager Digital Executives Threatened by Clients, Revealed in Bankruptcy Hearing
Senior executives of crypto broker Voyager Digital and their families were reportedly threatened by their clients, a court in Manhattan revealed.
India Accuses WazirX of Tax Evasion, Future of Local Crypto Sector Remains Unclear
India’s largest cryptocurrency trading platform, WazirX, has been accused by the country's authorities of tax evasion worth $5.4 million.
US DOJ Launches National Crypto Enforcement Team
The US DOJ has unveiled establishing a National Cryptocurrency Enforcement Team (NCET), a law enforcement task force fighting crypto crime.
Ripple Labs Breathes Sigh of Relief as Federal Judge Wants XRP Token Holders to Present their Views
US district judge Analisa Torres has finally rejected the SEC’s appeal against letting XRP holders intervene in the ongoing legal case.
SEC and Ripple's Next Meeting for XRP Case Set for May 21
The next hearing between the Securities and Exchange Commission (SEC) and Ripple will be held on May 21.
US SEC Charges “Bitcoiin2Gen” Executives with Defrauding Investors In $11.4 Million Crypto Scheme
Bitcoiin2Gen executives have been charged by the US SEC for allegedly securing millions from investors based on a crypto ICO scam shilled by Steven Seagal.
Canadian Tax Agency Asks Coinsquare Crypto Exchange to Hand Over Clients Personal Data
The Canada Revenue Agency has requested a judge of the Federal Court to force a crypto exchange to hand over information about all its customers.
NAC Foudation Accuses US SEC of Misleading Court in AML BitCoin Case
The legal battle between The NAC Foundation and the SEC is still far from over, and the Foundation argues that the SEC misled the court in its ongoing case against AML Bitcoin.
Australian Business Icon Dick Smith Threatens The Guardian With Lawsuit Over Bitcoin Scam Ads
Australian entrepreneur Dick Smith is threatening The Guardian with legal action after it hosted ads linked to fake news of Smith supporting a Bitcoin and crypto scam.
Brock Pierce and Blockchain Capital Sue Florida-Based Company for Copyright Infringement
Brock Pierce and his business partners are suing Blockchain Capital Management LLC (BCM) for copyright infringement.
US Government Seize Bitcoin Terrorism Funding for Islamic State and Al-Qaeda
The US Justice Department has revealed that it has seized cryptocurrency worth millions of dollars intended to fund the activities of terror groups like the military arm of Hamas, the Islamic State, and Al-Qaeda. This breakthrough is the largest clampdown on online terrorist fundraising,
Teenage Twitter Hacker Mastermind of Bitcoin Scam Pleads Not Guilty
17-year old Graham Ivan Clark, the alleged teenage mastermind of the notorious Bitcoin hack involving high profile individuals has pleaded not guilty
Columbia Man Pleads Guilty to Bitcoin Dark Web Chemical Weapon Purchase
A 45-year-old man from Columbia, Missouri pled guilty yesterday in a US federal court to one count of aggravated identity theft and one count of attempting to acquire a chemical weapon—via the dark web using Bitcoin.
US Travel Firm CWT Paid $4.5 Million in Bitcoin to Get Computer System Back from Hackers
US travel management company CWT paid $4.5 million to hackers who stole sensitive corporate files. CWT has a global clientele and is the fifth-largest US travel company. The firm boasts an estimate of $1.5 billion in annual revenue and claims that it represents more than a third of companies on the S&P 500 U.S stock index.
China Clarifies its Stance on Bitcoin: Legal if the Crypto Does Not Act as Alternative to Fiat
China has not always been friendly towards cryptocurrencies, however, the country has not completely banned Bitcoin, according to the Beijing Arbitration Commission.