India Supreme Court Lifts RBI Ban on Banks Servicing Crypto Firms
India’s Supreme Court rules that the central bank’s ban on banks’ dealings with crypto firms is “disproportionate” Go to Source Powered by WPeMatico
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Stock and Crypto Trading App Robinhood Fixes Day-Long System Outage
Some disgruntled traders want to file a class action suit against Robinhood for purported trading losses during a day-long system outage Go to Source Powered by WPeMatico
Australian Judge Says Crypto Is a Legitimate Investment Vehicle
A New South Wales court allows crypto exchange account usage as collateral against possible legal fees Go to Source Powered by WPeMatico
Australian Court Accepts Cryptocurrency Exchange Account as Security for Legal Costs
A court in Australia has agreed that a crypto exchange account can be used as security for potential legal expenses. Acknowledging the volatile nature of decentralized digital assets, the judge nevertheless conceded that cryptocurrency is a recognized form of investment in the current uncertain financial times. Also read: Court Rejects Ripple’s Bid to Dismiss Class … Read more
Tether Calls Market Manipulation Allegations ‘Reckless and False’
Tether states that the market manipulation accusations are “reckless and false” Go to Source Powered by WPeMatico
UK’s FCA Suspends Epayments Service – Over £100M Frozen and Alleged Onecoin Connection
Epayments, one of the largest payment providers in the U.K., has halted operations after the Financial Conduct Authority (FCA) suspended the company for “weaknesses” related to its anti-money-laundering (AML) process. Since Epayments shut down on February 11, customers have been complaining because they cannot access their money. Reports also detail that if the firm becomes … Read more
Courts Will Seize BTC With Miners’ Help: Self-Proclaimed Satoshi Craig Wright
Bitcoin can and will be seized to accommodate court orders, according to self-proclaimed Bitcoin creator Craig Wright Go to Source Powered by WPeMatico
Judge Says Plaintiff Can Proceed Against AT&T in $24M Hack Case
AT&T will face damage claims from a cryptocurrency investor who lost $24 million in a SIM swap attack in 2018 Go to Source Powered by WPeMatico
Ex-Microsoft Employee Convicted of 18 Felonies in Digital Currency Scheme
A software engineer who worked for Microsoft has been found guilty of a complex $10 million scheme to embezzle funds using Bitcoin Go to Source Powered by WPeMatico
Lawyers Duke it Out Over Who Gets To Lead the Class Action Suit Against Tether
The lawsuit against Tether is proceeding, but first a New York judge needs to choose which law firm takes the lead on the case. The decision will impact the direction of the case Go to Source Powered by WPeMatico