Marathon site manager ducks Texas noise charges amid resident complaints
David Fischer, manager of a Texas site for Marathon Digital, was acquitted on charges alleging the site violated local noise ordinances. Go to Source
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CFTC Chair reiterates BTC and ETH are commodities in testimony
Head of the US commodities regulator, Rostin Behnam, has again argued his agency should be given regulatory oversight of Bitcoin and Ethereum to better protect investors. Go to Source
Sentencing for ex-FTX execs set for October, November
Former FTX executives Nishad Singh and Gary Wang, who both testified at Sam Bankman-Fried’s criminal trial, are scheduled to be sentenced later this year. Go to Source
Judge dismisses coders’ DMCA claims against Microsoft, OpenAI and GitHub
The partial dismissal indicates complainants failed to demonstrate that GitHub reproduces human-created code. Go to Source
Former US solicitor general claims regulators want to ‘debank’ crypto
Several parties have filed amicus briefs with the appellate court in support of Custodia Bank receiving approval for a master account from the Federal Reserve. Go to Source
NYT AI lawsuit gets weird as OpenAI demands sources for every article
It’s unclear whether the judge in the case is considering the request, but the New York Times had a strong response to the request. Go to Source
Judge labels 2 obscure altcoins as commodities in $120M Ponzi case
An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labelling two altcoins, OHM and KLIMA, as commodities. Go to Source
Binance exec trial will resume July 5 as family reports health problems
Though Nigeria’s tax authority dropped charges against two Binance executives in June, the pair will still face a trial for allegations of money laundering. Go to Source
Judge signs off on expedited schedule for Consensys suit against SEC
While Judge Reed O’Connor granted the SEC an extension to respond to Consensys’ lawsuit, he also approved a timeline for considering the case’s merits proposed by the firm. Go to Source
Roaring Kitty GME class action lawsuit dropped after 3 days
A GameStop investor who accused Roaring Kitty of committing securities fraud has voluntarily dropped the complaint “without prejudice” meaning he can file another similar lawsuit again in the future. Go to Source
