Advertisements

court case

RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court Today

<header class=”article__header”> </header> <strong>The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country regulates them.</strong> Also read: India …

RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court Today Read More »

Advertisements

Israeli Court Rules Bitcoin Is an Asset

<header class=”article__header”> </header> <strong>An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor of the tax authority, endorsing …

Israeli Court Rules Bitcoin Is an Asset Read More »

Jeff Garzik Subpoenaed in Kleiman Bitcoin Lawsuit Against Craig Wright

<strong>On March 15, well-known Bitcoin developer Jeff Garzik revealed he was subpoenaed by the U.S. District Court of Southern Florida in the infamous Kleiman vs Wright bitcoin lawsuit. The Kleiman family is suing the self-proclaimed Satoshi for roughly 300,000 BTC and Garzik has been served by the court and asked to submit assorted documents and …

Jeff Garzik Subpoenaed in Kleiman Bitcoin Lawsuit Against Craig Wright Read More »

Court Reconsiders Ruling After SEC Proves Tokens Are Securities

<strong>After failing to convince a federal court regarding the nature of Blockvest tokens in the previous hearing, the U.S. Securities and Exchange Commission (SEC) has finally convinced the same judge that these tokens are securities. The agency alleges that the firm and its founder made several false claims regarding their token’s regulatory status.</strong> Also read: SEC …

Court Reconsiders Ruling After SEC Proves Tokens Are Securities Read More »

Drug Dealer Fights to Prevent Canadian Police From Forfeiting His BTC

<strong>A Canadian online drug dealer, snared by an undercover police agent on the dark web, is pleading to be allowed to keep half of the 288 bitcoins that police seized from him as proceeds of crime. With prosecutors seeking a court order to forfeit the crypto stash, worth CAD$1.4 million (US$1.1 million), the 30 year-old …

Drug Dealer Fights to Prevent Canadian Police From Forfeiting His BTC Read More »