Troubled Asian crypto lender Vauld has received a further extension to its legal protection from creditors — albeit a shorter delay than requested. The company now has until Jan. 20 to explore ...
Tag: Court
Prosecutor Defeats Chewbacca Defense In An Actual Federal Court Case
In a case of real life not quite imitating art, a prosecutor who compared a defense attorney’s closing arguments to the Chewbacca Defense was able to win at trial. Although the prosecutor made an “imp...
‘Beware’ Of Crypto Investing Or Risk Ending Up In Bankruptcy Court, SEC Chair Warns
Topline The head of the Securities and Exchange Commission cautioned Americans about the risks of investing in the lightly regulated cryptocurrency industry Thursday, a dire warning as one of the larg...
Crypto Protocol LBRY Loses Court Battle With SEC, LBC Token Ruled a Security – Is XRP Next?
File-sharing and payments protocol LBRY has lost its battle with the U.S. Securities and Exchange Commission (SEC) after a federal judge ruled that the firm violated securities laws when it sold LBRY ...
U.S Court Rules in Favor of SEC in Case Against LBRY
2 hours ago | 2 mins read Editors News The SEC claimed in its complaint that LBRY offered and sold unregistered securities. LBRY acknowledges the verdict has the potential to impact the whole crypto s...
Court Lets Lawsuit Against OANN Move Forward—Here’s Where Dominion And Smartmatic’s Defamation Suits Stand Now
Topline Voting company Dominion Voting Systems’ defamation lawsuit against One America News Network (OANN) can move forward, a judge ruled Monday, as Dominion and rival company Smartmatic pursue a doz...
LBRY tanks 35% as US court declares it security
A U.S. court has ruled in favor of the Securities and Exchange Commission (SEC) in its case against LBRY, as it ruled that the blockchain network offered its LBC token to investors as a security. We l...
New Hampshire Court Sides With SEC in Lawsuit Against LBRY, Project’s Team Says Loss Sets a ‘Dangerous Precedent’ – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has won a court case against the blockchain-powered publishing platform LBRY. According to a New Hampshire district court ruling, Judge Paul Barbadoro...
Babylon Bee Files Real Supreme Court Brief Defending The First Amendment Right To Make Fun Of Cops
Anthony Novak was thrown in jail and charged with a felony for mocking an Ohio police department with a parody Facebook page. Now represented by the Institute for Justice, Novak has filed a cert petit...
New Dates In The SEC vs Ripple Case Point Towards A Final Court Verdict In Q1 2023 ⋆ ZyCrypto
Advertisement     XRP adherents may have to wait until the first quarter of 2023 for the Ripple vs SEC lawsuit to be finalized following a new plot twist in the case’s...
SEC charges Trade Coin Club in alleged $295 million bitcoin Ponzi scheme
The Securities and Exchange Commission filed a case against the operators of Trade Coin Club, which they allege to be a massive crypto Ponzi scheme. The SEC’s complaints outline a scheme ...
Summarizing the Denial of Celsius’ Key Employee Retention Program Motion
November 3, 2022, 11:18AM EDT • 2 min read Quick Take New York judge denies troubled crypto lender Celsius’s KERP Motion Celsius also filed a motion to seal and redact key details of the KERP These co...
Crypto Lender Celsius Faces Fresh Scrutiny in New Court Order
The court has asked Celsius to throw more light on the proposed KERP program while also ordering a probe into its past business dealings. The Celsius bankruptcy case appears to be taking another dimen...
From Elon Musk’s Twitter To Clarence Thomas’s Supreme Court
An excerpt from this week’s CxO Newsletter. Click here to sign up, and have a great week. Supreme Court Justice Clarence Thomas, shown with wife Virginia, benefitted from Black students getting specia...
Blockchain Association Requests Court To Allow It Support Ripple In SEC Case ⋆ ZyCrypto
Advertisement     US-based crypto lobbyist group, the Blockchain Association, has filed an amicus brief seeking to be enjoined to support Ripple in the SEC vs Ripple l...
UK High Court Orders PGI Global To Shut Down For Defrauding Investors
U.K. High Court has seized a UK-based crypto company for allegedly defrauding investors’ funds of around £612,425 (more than $700,00). The defendant company, PGI Global U.K. Ltd, offered 200% returns ...
Trump Asks Supreme Court To Stop Congress From Accessing His Tax Returns
Topline Former President Donald Trump asked the Supreme Court to stop a House committee from viewing his tax returns in a Monday afternoon court filing, a last-resort attempt to block Congress from re...
Supreme Court Justices Signal Willingness To End Affirmative Action
Topline The Supreme Court appears poised to outlaw affirmative action policies that take race into account in university admissions, as the court’s conservative justices signaled during oral arguments...
Hodlnaut Founders Deleted Over 1,000 Files, Shows Court Report
A Singapore court report has disclosed that bankrupt crypto lender Hodlnaut has been hiding some documents from the court-appointed Interim Judicial Managers (IJMs). The IJMs at EY Corporate Advisors ...
Celsius Debtors Request Court To Block Stablecoin Sales – crypto.news
The committee of unsecured creditors for Celsius is suing the troubled crypto lender once more, this time over its intentions to sell off its stablecoins. According to creditors, the lender hasn’t pro...
UK High Court Shuts Down PGI Global for Involvement in a Crypto Fraud
The UK High Court has ordered PGI Global to shut down. Company was believed to be involved in cryptocurrency fraud. High Court did the same with Micasa WW Ltd. in August 2022. Official Receiver Appoin...
Britain’s High Court Suspends PGI Over Alleged Crypto Fraud – crypto.news
A British High Court suspended the Pretoria Group International (PGI) Trading firm. PGI offered crypto services, health products, and blockchain education. PGI Shutdown While Holding Investors’ Funds ...
US Judge Orders Bitcoin Ponzi Operator Imprisoned for Ignoring Court Order to Pay SEC $40 Million – Regulation Bitcoin News
A district judge has ordered a bitcoin Ponzi operator to be arrested and imprisoned after he ignored multiple court orders and failed to pay the U.S. Securities and Exchange Commission (SEC) $40 milli...
UK High Court shutters crypto firm PGI Global for alleged scam involvement
Popular cryptocurrency trading firm PGI Global UK has been closed down by a high court in the United Kingdom, according to a press release issued by U.K. authorities, The court issued the directive f...
Court Refuses To Dismiss “Insider Trading” Case Against Former OpenSea Employee As Case Edges On ⋆ ZyCrypto
Advertisement     US district judge rules that the case against former OpenSea employee Nate Chastain can proceed after refusing the defendant’s motion to dismiss the ...
Lawyers Are Now Dropping NFTs to Serve Court Orders – Trustnodes
The dusty wigs of times gone by that roam the stuffy chancellery halls doth still play with most new things, like Non Fungible Tokens (NFTs) that are suddenly put to a service no one has quite thought...