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A lawsuit has been filed against Google in Russia after the company announced restrictions on cryptocurrency-related ads. Entrepreneur Vladimir Orehov demands a 2 billion ruble compensation from the Russian Google entity ООО «Гугл». He claims the ban will deprive him of opportunities to invest in crypto projects and find investors to fund his own business […]
The post Lawsuit Challenges Google’s Ban on Crypto Ads in Russia appeared first on Bitcoin News.
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According to reports the infamous Twitter handle and blogger, ‘Bitfinex’ed,’ has hired the well-known attorney Stephen Palley to fight against the legal threats posed against the blogger. The legal counsel for Bitfinex, Stuart Hoegner suggested this past December that the blogger may face a lawsuit as Bitfinex said it wasn’t too pleased with the allegations. […]
The post Blogger ‘Bitfinex’ed’ Hires Legal Counsel to Fight Bitfinex Lawsuit appeared first on Bitcoin News.
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2018 has been rough for cryptocurrencies as a whole, with coins across the board seeing significant losses and general interest in the sphere gradually declining. However, there are a number of projects that have stuck out as performing particularly badly in the first quarter. Here are five of the biggest fails: 5. Verge (XVG) Wraith Protocol Launch While Verge’s major development, the Wraith Protocol, was slated to launch at the tail end of 2017, several delays pushed the actual release of the development into early January of this year. While supporters and speculators were highly anxious to see the actualities ofPowered by WPeMatico
Hacked Japanese exchange Coincheck is getting ready to start compensating its customers next week as it plans to resume operations. The exchange has been slapped with two business improvement orders so far by Japan’s financial regulator and may stop trading some cryptocurrencies for safety reasons. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 […]
The post Coincheck to Start Compensating Hack Victims and Resume Operations Next Week appeared first on Bitcoin News.
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Coinbase is one of the largest cryptocurrency exchanges in the world. However, it is also a target of lawsuits these days. Some users of the platform have filed an official complaint regarding the company’s alleged “insider trading” of Bitcoin Cash. Whether or not there is any truth to such claims remains to be determined, though. Another Coinbase Lawsuit Materializes It is not the first time Coinbase has faced a major lawsuit. The previous legal action was part of its ongoing spat with the IRS, which eventually ended in a win for the government agency, albeit in a limited fashion. This latest lawsuit, however, may prove to bePowered by WPeMatico
This week local Japanese news outlets report that the exchange Coincheck, who suffered from a $530Mn USD loss of the cryptocurrency NEM, is facing a class action lawsuit. Reports detail that 132 Coincheck customers have banded together asking for a refund of 228 million yen ($2Mn). Also read: Digital Currency Group Welcomes Bitcoin-Friendly Bank to the […]
The post 132 Customers File Class Action Lawsuit Against Coincheck appeared first on Bitcoin News.
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Japanese cryptocurrency exchange Coincheck is reportedly considering a capital tie-up in order to regain the trust of crypto investors, following a recent hack where 58 billion yen worth of cryptocurrency was lost. As multiple victim groups are preparing to sue the exchange, the Tokyo police is also stepping up its investigations. Also read: Indians Look to […]
The post Hacked Japanese Exchange Considers Capital Tie-Up to Regain Public Trust appeared first on Bitcoin News.
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Adding “Blockchain” to the name of their firms have proved to be very beneficial to the top management of publicly listed companies over the past year. However, this tactic also attracted negative attention from regulators, and now two Nasdaq firms are facing additional troubles. Also Read: Robinhood Starts Rolling Out Cryptocurrency Trading Today Class Action Lawsuit […]
The post Nasdaq-Listed “Blockchain” Companies Hit With New Legal Troubles appeared first on Bitcoin News.
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One of the most intriguing things about the cryptocurrency space is the diverse, eclectic, and often eccentric characters it attracts. Everyone from Wall Street brokers to cypherpunks and from industrialists to anarchists can be found staking their claim in the fledgling crypto economy and saying their piece. In a recent interview, venture capitalist Tim Draper […]
The post Tim Draper on Bitcoin: “Why Would I Sell the Future for the Past?” appeared first on Bitcoin News.
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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 […]
The post Israeli Bitcoin Company Sues Banks for Not Letting it Open Accounts appeared first on Bitcoin News.
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