A federal court has determined that 94,643 bitcoin, seized following the infamous 2016 Bitfinex hack, will be returned to the cryptocurrency exchange as part of voluntary restitution agreements tied to plea deals with the convicted perpetrators. Voluntary Restitution in Bitfinex Hack Includes $ 9 Billion in Bitcoin With a valuation exceeding $ 9 …
A federal court has forced the SEC to explain its denial of Coinbase’s rulemaking petition, marking a pivotal moment in cryptocurrency regulation battles. Court Forces SEC to Justify Actions in Coinbase Crypto Clash A significant legal milestone has been reached in the ongoing conflict between Coinbase and the U.S. Securities and Exchange Commission (SEC). Coinbase […]
A U.K. court rejected a lawsuit by James Howells seeking to force Newport City Council to allow him to search a landfill for a lost hard drive containing bitcoins. Claim Lacks Realistic Prospects of Success A U.K. court has dismissed a lawsuit filed by James Howells against Newport City Council for its refusal to allow […]
A New York federal court has paused the SEC’s case against Coinbase, granting a rare appeal that could reshape how securities laws apply to crypto. Coinbase Secures Key Legal Victory in SEC Case A federal court in New York has certified an order for interlocutory appeal in the U.S. Securities and Exchange Commission’s (SEC) case […]
Craig Wright, an Aussie native who’s been loudly claiming he’s the mastermind behind Bitcoin, Satoshi Nakamoto, was handed a 12-month jail sentence, suspended for two years, by a U.K. court for contempt. This decision came down after Wright reportedly ignored a court order that barred him from pushing more legal claims tied to his Bitcoin […]