Pumpandumping ICOs? Watchout – Court Orders Telegram to Hand Russia Its Encryption Keys

Telegram has lost a court battle against handing its encryption keys to Russian security services. The messaging platform, which forms a pivotal network for the cryptocurrency community, has said it will appeal to the Supreme Court in a bid to prevent Russia obtaining the private data of millions of users. Also read: Some of Bitcoin’s Earliest … Read more

Ukraine to Compensate a Citizen in Bitcoin – for ”Moral Damages”

A district court in Kiev Oblast has accepted a lawsuit which is setting a precedent in Ukraine. The plaintiff seeks compensation in bitcoin for “moral damages” caused by law enforcement officials. A preliminary hearing has been scheduled after the presiding judge found no legal grounds to reject the claim. Also read: Lawsuit Challenges Google’s Ban … Read more

US Court Shuts Down Promoters of Three Deceptive Crypto Schemes

A U.S. federal court has placed a restraining order on and frozen the assets of four alleged promoters of deceptive schemes involving cryptocurrencies at the request of the country’s Federal Trade Commission. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies US Court’s Order The U.S. Federal Trade Commission (FTC) announced on Friday … Read more

Court Will Not Seize Crypto as Debt Payment from Bankrupt Citizen in Russia

The Moscow bankruptcy court has ruled that cryptocurrencies of a bankrupt debtor will not be seized to pay his creditors. The trustee for the case has failed to convince the judge to include the debtor’s cryptocurrencies in the bankruptcy estate. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Court Rejects Crypto in Bankruptcy … Read more

Court Strikes Down Ban on 40 Bitcoin Sites in Russia

Saint Petersburg City Court has struck down a ban on 40 bitcoin related websites offering information about cryptocurrencies and exchange services in Russia. The ban was imposed by a district court in May last year, following a request from the Prosecutor’s Office. It prohibited the “spreading of information” about bitcoin, as well as buying and … Read more

Israeli Bitcoin Company Sues Banks for Not Letting it Open Accounts

An Israeli company that was created in January has gotten its business rejected by all banks in the country, and is now suing them. Without a bank account, an Israeli exchange would not be able to legally receive fiat transfers from clients, effectively preventing it from starting operations. Also Read: Israel Tax Authority: Bitcoin is … Read more

Korean Supreme Court to Judge Whether Crypto Regulations Are Unconstitutional

The case against the South Korean government over cryptocurrency regulations filed with the Constitutional Court has been referred to the Supreme Court. If the court rules that the regulations are unconstitutional, all existing crypto regulations imposed by the government could be nullified. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Case Referred … Read more

Russian Bankruptcy Court Orders Debtor to Disclose Cryptocurrency Holdings

The Moscow bankruptcy court has ordered a bankrupt debtor to provide information about his cryptocurrency holdings. The trustee has requested that his cryptocurrencies be included in the bankruptcy estate. The court will decide if the coins can be used to pay creditors. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Court Orders … Read more

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