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Experts stated that the decision, which sets a precedent for future AI substitution cases, establishes that AI replacement cannot be brandished as a justification to abandon a labor contract. China is the world’s second-largest AI hub. Key Takeaways: The Hangzhou Court ruled that replacing Zhou with an AI model didn’t justify his forced termination. This … Read more
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. This Week in Crypto Law The opinion editorial below was written by Alex Forehand and Michael Handelsman for Kelman.Law. The final week of April highlighted a pivotal shift … Read more
Uphold will pay more than $5 million to compensate customers affected by CredEarn, a third-party crypto investment product. The New York settlement requires stronger product reviews, broker registration, and transfer of any Cred bankruptcy recoveries to harmed investors. Key Takeaways: Uphold will pay more than $5 million to customers tied to CredEarn losses. Regulators said … Read more
A Seoul court has temporarily halted a six-month partial business suspension imposed on South Korean crypto exchange Bithumb, dealing a significant legal setback to the country’s financial regulator just weeks after a similar ruling went against it in the Upbit case. Key Takeaways: Seoul’s court halted Bithumb’s 6-month FIU suspension on April 30, allowing the … Read more
The organizational chart with the right job titles will not get you licensed. What the regulator is looking for is a compliance architecture: documented independence, collective expertise across three distinct knowledge domains, and real institutional substance. This is how that standard works in practice. MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored … Read more
A group of congressional Democrats sent the Commodity Futures Trading Commission (CFTC) a letter on Thursday demanding the agency issue rules banning event contracts on elections, war, military actions, sports, and government actions without an economic hedging interest. The letter was filed on the final day of the CFTC’s advance notice of proposed rulemaking comment … Read more
A federal judge this week entered a $4.72 billion judgment against Alex Mashinsky, the founder and former CEO of collapsed crypto lending platform Celsius Network, while permanently banning him from the cryptocurrency and financial services industries. Key Takeaways: A federal judge entered a $4.72 billion FTC judgment against Celsius founder Alex Mashinsky on April 28, … Read more
U.S. Army Master Sergeant Gannon Ken Van Dyke pleaded not guilty Tuesday to five federal charges over a series of Polymarket bets that turned $33,000 into more than $404,000, in what prosecutors describe as the first insider-trading case ever filed against a prediction-markets trader. Key Takeaways: Van Dyke pleads not guilty to five federal charges … Read more
A U.S. court sentenced Maximilien de Hoop Cartier to eight years in prison for helping launder more than $470 million through an unlicensed crypto exchange. Prosecutors said the network used U.S. banks, shell companies, and crypto accounts to move criminal proceeds overseas. Key Takeaways: Authorities sentenced a French national to eight years for running a … Read more
A federal judge denied Sam Bankman-Fried’s motion for a new trial on Tuesday, rejecting claims of new evidence and refusing to let the former FTX chief withdraw the request first. Key Takeaways: Judge Lewis Kaplan denied Sam Bankman-Fried’s (SBF) Rule 33 motion on April 28, 2026, calling the new evidence claims “baseless.” The ruling closes … Read more