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A federal appeals court has shut down one of the largest-ever bitcoin compensation claims, ruling that a convicted fraudster’s $364 million demand against the U.S. government came far too late and lacked credible proof. Court Rejects $364 Million Bitcoin Claim The U.S. Eleventh Circuit Court of Appeals upheld a lower court’s decision dismissing Michael Prime’s … Read more
India advanced its crypto future as the Madras High Court ruled that XRP held on Wazirx qualifies as property, a milestone decision that strengthens investor protection, validates digital ownership, and propels India toward clearer cryptocurrency regulation. Indian High Court Ruling Recognizes Cryptocurrency as Property in XRP Case India advanced its legal recognition of digital assets … Read more
India’s crypto landscape just took a decisive turn as a landmark Bombay High Court ruling cemented crypto exchanges’ fiduciary responsibilities and strengthened protections for digital asset investors. Bombay High Court Ruling Reinforces Fiduciary Duties for Crypto Exchanges The Bombay High Court has upheld an arbitral tribunal’s order holding Zanmai Labs Private Limited—operator of the Wazirx … Read more
India’s legal alarm over crypto hit new highs as the Delhi High Court warned it threatens monetary stability by dissolving recognized currency into opaque, untraceable financial systems. Delhi High Court Flags Crypto as Systemic Threat Amid Growing Legal Scrutiny Concerns over digital asset misuse intensified in India after a judicial warning flagged crypto’s ability to … Read more
A dire warning signals investors should be “very concerned” as Linqto’s bankruptcy exposes collapsed legal structures, pooled customer assets, and looming reclassification as unsecured creditors. Linqto Collapse Is a ‘Brutal Wake-up Call’—Why Customers Should Be Very Concerned A cascade of structural failures in Linqto’s investment model now threatens to leave thousands of users with little … Read more
The Supreme Court’s refusal to hear a major crypto privacy case leaves intact rulings that uphold the IRS’ power to obtain bitcoin user data without consent. IRS Retains Authority to Access Bitcoin Transaction Data Without User Consent A constitutional challenge over the Internal Revenue Service’s (IRS) ability to obtain cryptocurrency transaction records without a warrant … Read more
A court rejection in the Ripple-SEC case over XRP has ignited bold theories from a legal expert, fueling speculation and fresh urgency across the crypto landscape. Legal Expert Weighs in on Why Judge Rejected Ripple and SEC’s Motion in XRP Case Speculation is mounting over why District Judge Analisa Torres denied a joint effort by … Read more
Ripple and the SEC have requested to pause their appeals while awaiting a decision that could finalize their settlement and conclude the prolonged case regarding XRP sales. SEC and Ripple Align on Pausing Appeals Pending Court Decision on XRP Case The U.S. Securities and Exchange Commission (SEC) and Ripple Labs informed the U.S. Court of … Read more
The U.S. Department of Justice has recovered $680,000 tied to a crypto exploit and is in the process of returning funds stolen through a Safemoon smart contract vulnerability. DOJ Recovers Funds Exploited in Safemoon Attack The U.S. Department of Justice (DOJ) announced on June 12 that it has seized and is in the process of … Read more
A staggering $25 million in penalties and restitution has been levied in a landmark federal court ruling, exposing a sham crypto project that duped investors with bogus claims of gold backing and market viability. CFTC Secures Judgment Against My Big Coin for Crypto Fraud Scheme The Commodity Futures Trading Commission (CFTC) announced on June 11 … Read more
