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Court

British Hacker to Hand Over $1M in Crypto for Phishing Attacks

A British judge has ordered the confiscation of $1.1 million worth of cryptocurrency from a hacker who used phishing attacks to steal personal data and sell it on the dark web. As The Telegraph reported on Aug. 23, judge Joanna Korner of Southwark Crown Court ruled that the police could confiscate $1.1 million worth of …

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India: Supreme Court Gives Central Bank 2 Weeks to Justify Crypto Ban

India’s supreme court has slammed the country’s central bank over its handling of a cryptocurrency business ban and ordered it to address complaints. Judge: RBI has not properly responded to representation In the latest session of an ongoing hearing into the actions of the Reserve Bank of India (RBI) on Aug. 21, the Court ruled …

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RBI Defends Its Power Over Crypto in Indian Supreme Court

<header class=”article__header”> </header> <strong>The Indian supreme court heard the case against the crypto banking restriction by the Reserve Bank of India (RBI) in detail Tuesday. After many arguments challenging the RBI’s power over crypto were presented, the counsel for the central bank began making the case against cryptocurrency.</strong> Also read: RBI’s Power Over Crypto Challenged …

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US Court Temporarily Freezes $8M in Response to SEC Request Yesterday

A United States District Court has entered an emergency freeze to preserve $8 million of a New York citizen and two of his entities’ related assets following the U.S. Securities and Exchange Commission (SEC) complaint filed on Aug. 12. Per the SEC’s announcement published on Aug. 13, the court agreed, ordering the temporary freeze of …

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Judge Rules Coinbase Did Not Commit Fraud in Bitcoin Cash Lawsuit

Cryptocurrency exchange Coinbase did not act fraudulently during its botched launch of Bitcoin Cash (BCH), a United States judge has ruled. Coinbase accused of insider trading BCH listing In a court order issued on Aug. 6, U.S. District Judge Vince Chhabria of the Northern District of California (San Francisco) threw out claims by traders that …

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UK Judge Strikes Out Craig Wright’s Libel Lawsuit Against Roger Ver

<header class=”article__header”> </header> <strong>According to documents from the U.K.’s High Court of Justice published on July 31, a judge has denied Craig Wright’s libel lawsuit against Roger Ver. Wright filed the charge against Ver when the early bitcoin investor told the public he believed Wright was a “liar and a fraud.” However, the court found …

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Consensys Inner Conflicts Spark Legal Action Against Founder

<header class=”article__header”> </header> <strong>Ethereum cofounder Joseph Lubin was recently summoned to court in New York when a former employee initiated a lawsuit for more than $13 million. According to the summons stemming from former Token Foundry CEO, Harrison Hines, relief was being sought for alleged unpaid profits, fraud, unjust enrichment, and breach of contract.</strong> Also …

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Co-Founder of Now-Defunct BitFunder Gets 14 Months Imprisonment

The operator of now-defunct Bitcoin (BTC) exchange BitFunder, Jon Montroll, has received a 14 months prison sentence following federal charges of obstruction of justice and securities fraud, finance and trading industry news outlet FinanceFeeds reported on July 12. The proceedings against Montroll began last year. In July 2018, Montroll pleaded guilty to obstruction of justice, …

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Expert Witness in Satoshi Case Claims Dr Wright’s Documents Were Doctored

<header class=”article__header”> </header> <strong>The Kleiman v. Wright case continues this week and a slew of new evidence has been submitted to the Southern District of Florida courthouse. A supplemental affidavit stemming from the Kleiman estate’s expert witness, Dr. Matthew Edman, indicates that documents submitted to the court as evidence were “modified” and “backdated.”</strong> Also Read: …

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Trump’s Twitter blocks violate First Amendment rights, appeals court affirms

Enlarge / The Twitter timeline of US President Donald Trump as seen on June 29, 2017, in Bydgoszcz, Poland. Getty | Jaap Arriens/NurPhoto It’s one thing for most of us to block Twitter users who annoy us, but it’s a violation of those users’ First Amendment rights for the president to do so, a federal …

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