The Free Roger Movement Gains Momentum
The arrest and extradition battle of Roger Ver has ignited the #FreeRoger movement, a grassroots campaign calling attention to what advocates see as the misuse of legal systems to suppress…
US Prosecutors Seek Reduced Sentence for Bitfinex Hacker Ilya Lichtenstein
U.S. prosecutors are requesting a reduced sentence for Ilya Lichtenstein, the mastermind behind the 2016 Bitfinex bitcoin heist, citing his significant cooperation in recovering stolen assets. Lichtenstein faces sentencing for…
Tornado Cash Loses Motion to Dismiss
The judge in the Tornado Cash case delivered an oral ruling today, rejecting both the Defense’s motion to compel discovery and their motion to dismiss the charges. This represents a…
Alexey Pertsev
Crypto Mixer
Cryptocurrency
developer liability
Legal
Money Laundering
Roman Semenov
Roman Storm
sanctions evasion
Tornado Cash
Trial
NY Judge Denies Tornado Cash Developer’s Motion to Dismiss, Trial Set for December
Roman Storm, a software developer of Tornado Cash, is headed to trial after a New York judge ruled against his motion to dismiss criminal charges. District Judge Katherine Polk Failla…
Samourai Developers Appear Together In Court For First Time At Status Conference
Today, Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill appeared together in court in the Southern District of New York for a status conference. I attended the status conference…
CFTC
court ruling
election betting
federal judge
financial exchange
Kalshi
Legal
Prediction markets
regulatory appeal
Tarek Mansour
U.S. elections
CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets
A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens…
Bankruptcy
Chapter 11
creditor repayment
crypto assets
federal securities laws.
FTX
Legal
Liquidation
SEC
Stablecoins
SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 Plan
The U.S. Securities and Exchange Commission (SEC) has raised concerns over FTX’s plan to pay back claims using its “crypto asset securities.” The SEC’s Senior Trial Counsel, Therese Scheuer, has…
asic
Australia
Bit Trade Pty Ltd.
Compliance
consumer protection
Corporations Act
credit facility
Crypto
Cryptocurrency
Digital Assets
federal court
Kraken
Legal
Margin Trading
Regulatory
Kraken Crypto Exchange Operator Fined by Australian Court
The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product…
Clucoin
Crypto
Cryptocurrency
Digital Token
Gambling
ICO
Investor
Legal
Metaverse
NFTCon
online casinos
Prison
Virtual Currency
Wire Fraud
Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds
The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for…
Auckland
Copyright
criminal case
DOJ
extradition
FBI
illegal profits
Kim Dotcom
Lawsuit
Legal
MegaUpload
New Zealand
online piracy
South Pacific
Kim Dotcom’s Extradition to US Approved by New Zealand Justice Minister
Kim Dotcom, the founder of Megaupload, may soon be extradited to the U.S. from New Zealand following a decision by Justice Minister Paul Goldsmith. Dotcom, who has long resisted extradition…