Kik Representative Will Give Deposition in SEC Case on Jan. 28
A Kik representative will give a deposition before the court on Jan. 28 in continuing SEC case Go to Source Powered by WPeMatico
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Greece Extradites Alleged Launderer of $4B BTC Alexander Vinnik to France
Alexander Vinnik, a Russian man accused of having laundered $4 billion in Bitcoin, will be extradited from Greece to France, against the wishes of Russia Go to Source Powered by WPeMatico
Indian Supreme Court Warms Up to Crypto – RBI’s Arguments Not Convincing
India’s supreme court heard the crypto case on Thursday, starting with the arguments by the counsel for the Reserve Bank of India (RBI). After pointing out that the RBI ban only hurts crypto businesses but does not stop crypto trading, the court explained that “being an honest contributor to the blockchain is more profitable than … Read more
Blockvest Saved from Default Judgement in Fraud Case
A California federal court has reversed a default judgement against two firms accused of running a cryptocurrency scam Go to Source Powered by WPeMatico
SEC Calls Out Status of Telegram’s TON, Doubting Development
Ongoing Telegram lawsuit reveals the SEC attacking Telegram’s TON blockchain development and lack of GRM token use cases Go to Source Powered by WPeMatico
Blockchain Association Supports Telegram in Legal Battle With SEC
In its amicus curiae brief, the Blockchain Association argues that Telegram’s token sale complies with U.S. securities laws Go to Source Powered by WPeMatico
Digital Chamber of Commerce Weighs In on Telegram Legal Battle With SEC
The Chamber of Digital Commerce filed an amicus brief in the Telegram vs SEC case, asking the Court to affirm that a digital asset should not be considered a security just because it is based on blockchain Go to Source Powered by WPeMatico
Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Have the Final Say
A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security. The decision on the defendant’s motion to dismiss the lawsuit has been postponed. But even a … Read more
Tether Claims to Be Okay With Merger of Class-Action Lawsuits Against It
Stablecoin Tether is reportedly okay with a merger of the three class-action lawsuits it currently faces Go to Source Powered by WPeMatico
Telegram CEO’s 18-Hour Deposition Transcript Is Published Online
Telegram CEO Pavel Durov gave a deposition regarding the alleged violation of U.S. securities law by conducting $1.7 billion Gram token sale in 2018 Go to Source Powered by WPeMatico