Tel Aviv Court Rules Bank Can’t Close Crypto Miner’s Account

A court in Israel has once again ruled against a local bank which tried to close the account of a cryptocurrency related business without any due cause. This time a Tel Aviv court has determined that a bank can’t refuse to operate an account on behalf of a crypto miner. Also Read: Tel Aviv Court … Read more

Mt Gox CEO Mark Karpeles Found Not Guilty of Embezzlement

Mark Karpeles, CEO of the now-defunct bitcoin exchange Mt. Gox, has been sentenced by the Tokyo District Court. The court convicted him of record tampering but found him not guilty of embezzlement. He received a suspended jail sentence of two and a half years. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF … Read more

Tel Aviv Court Gives Moshe Hogeg 30 Days to Settle $4M Lawsuit

Moshe Hogeg, the co-founder and chairman of venture capital investment fund Singulariteam, and the alleged head of Stox Technologies, has been given 30 days to settle with a Chinese investor. The disgruntled investor has brought a 17 million Israeli new shekels (approximately $4.23 million) lawsuit against Hogeg for allegedly misappropriating several million dollars worth of … Read more

‘Bitcointopia’ Founder Admits Selling Government-Owned Land to Bitcoiners

The founder of a scheme called Bitcointopia to sell land in the U.S. state of Nevada to bitcoiners has admitted in a federal court that some land was not his to sell. Previously arrested for selling BTC to an undercover agent through Localbitcoins, he also pleaded guilty to running an unlicensed money transmitting business. Also … Read more

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