Judge David A. Faber, Senior District Judge for the Southern District of West Virginia, has dismissed the “public nuisance” lawsuit launched by the city of Huntington and Cabel County against Amerisou...
Tag: Legal
Bankrupt, Legal Issues & Sam Bankman-Fried
July started with a lot of negative news, pushing the price of top cryptocurrencies down at times. The price of bitcoin has fallen below the all-time high of the 2017 bull cycle for the first time. Th...
Latest XRP Milestone Bigger Than We Realize, Says Crypto Legal Expert Jeremy Hogan
Legal expert Jeremy Hogan says the initiative to use the XRP Ledger (XRPL) in Colombia’s land registry system is a “huge” accomplishment. Hogan claims the partnership between Colombia and XRP Ledger i...
Vauld halts withdrawals and hires legal and financial advisors
Vauld, a Singapore-based crypto trading and lending platform with most of its team in India, has become the latest crypto firm to halt customer withdrawals amid the market tumult. CEO Darshan Bathija ...
KuCoin CEO dismisses rumors of halting withdrawals, reserves right to legal action
Cryptocurrency exchange KuCoin today denied “rumors” suggesting that the company might halt withdrawals owing to losses suffered amid recent market turmoil. Johnny Lyu, the CEO of KuCoin, tweeted tha...
Mexican Senator Introduces Bill to Make Bitcoin a Legal Tender – Coinpedia – Fintech & Cryptocurreny News Media
Mexican Senator, Indira Kempis, proposed a bill in the assemble to make Bitcoin legal tender in the country. The reason given by the senator is that it will bridge the gap between access to financial ...
Legal Experts Reveal Regulatory Uncertainty Around Crypto Could Spike Lawsuits
An increase in crypto popularity triggers the moves from different jurisdictions to regulate digital assets. They see the need to control most activities within the space to secure investors’ funds. H...
Mexican senator proposes bill to make Bitcoin legal tender
Senator to the federal congress of Mexico Indira Kempis has proposed a bill that, if passed, would make Bitcoin legal tender in the country and be framed in the monetary law of Mexico. “It is reformed...
Senator Indira Kempis Proposes Bill to Make Bitcoin Legal Tender in Mexico – Regulation Bitcoin News
Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing wen...
Grayscale to open a legal case against SEC for rejecting spot Bitcoin ETF
Grayscale Investments has launched legal proceedings against the United States Securities and Exchange Commission (SEC). Grayscale, the world’s largest digital asset manager, had opened legal proceedi...
Grayscale’s legal challenge to SEC sparks response from the community
After Grayscale’s application to convert its Grayscale Bitcoin Trust (GBTC) into a Bitcoin (BTC) exchange-traded fund (ETF) was denied, the firm launched a legal challenge against the United States Se...
Grayscale launches legal challenge to Bitcoin spot ETF rejection
Grayscale Investments has launched a legal challenge against the United States Securities and Exchange Commission (SEC) after being denied its application to convert its Grayscale Bitcoin Trust (GBTC)...
States, Not Congress, Will Lead Crypto Regulation, Says Legal Expert
Rather than waiting on the federal government to codify rules, states could move forward with standards of their own, such as liquidity requirements, as a condition for all crypto trading platforms to...
Already On An Untenable Financial Path, NCAA Schools Are Inviting More Legal Trouble If They Oversee NIL
MINNEAPOLIS, MN – APRIL 03: Head coach Dawn Staley of the South Carolina Gamecocks celebrates a win … [+] over the Connecticut Huskies in the championship game of the NCAA Women’s Ba...
Regulatory uncertainty creates rash of ‘novel’ lawsuits: Legal experts
Regulatory uncertainty surrounding crypto has created a “fertile environment” for crypto-related litigation and enforcement to grow, according to lawyers from Choate Hall & Stewart LLP. In an anal...
Blackstone dealt legal setback after $5bn low-income housing deal
Blackstone has suffered a legal setback in a dispute with housing non-profits that are trying to seize some of the apartment buildings it bought for $5.1bn from AIG last year. The world’s biggest priv...
Nexo threatens legal action against anonymous Twitter account
Crypto lender Nexo has issued a cease and desist letter in an effort to silence an anonymous Twitter account. The account, which styles itself in the third person as ‘Otter,’ published a series of twe...
Voyager issues notice of default to 3AC over $675M loan obligations, legal action next
? Want to work with us? CryptoSlate is hiring for a handful of positions! Voyager Digital Limited has issued a default notice to Three Arrows Capital (3AC) for failure to pay its loan obligations. Acc...
Nexo reacts to new Emblezzlement allegations and threatens legal action
Crypto lender Nexo published a blog post to address what it views as “a slate of absurd charges” in recent remarks made by a Twitter user going by the pseudonym “Otteroooo.” The legal team at Nexo is ...
Google Tells U.S. Employees They Can Relocate to States Where Abortion Is Legal
In the wake of the Supreme Court’s decision Friday overturning Roe v. Wade, which eliminates the constitutional right to abortion, Google has notified American employees that it will allow them to rel...
3AC Hires Legal And Financial Advisers To Help Avert A “Bankruptcy” Situation ⋆ ZyCrypto
Advertisement     Beleaguered Singapore-based cryptocurrency hedge fund Three Arrows Capital “3AC” has reportedly hired external financial and legal advisers to help w...
Redfin executives got bonuses and huge compensation packages on the same day the company announced major layoffs. How is that legal?
Last week, the CEO of real estate company Redfin, Glenn Kelman, announced the company was laying off 8% of its employees in an email, saying that demand for the company’s realtor services had fallen 1...
Iranian government to cut power supply for the country’s legal crypto mining rigs
According to local news outlet Arz Digital, the day prior, Rajabi Mashhadi, a spokesperson for Iran’s Ministry of Energy, said that the entity would be cutting the power supply to all of the cou...
Terra’s Do Kwon Faces Huge Legal Turbulence
Advertisement     Terra’s founder has a slew of legal troubles to face after the crash of the network in May. The US SEC won a case against the firm and has reportedly...
Iran Will Reportedly Cut Off Electricity to All Legal Crypto Miners
The Middle Eastern nation has gone against licensed crypto miners and will shut down all 118 legal ones in two days, according to a recent report. The country’s authorities have already done something...
LUNA and LUNC: A fight on the legal front, but what of the price front?
In light of regulatory actions following the collapse of Terra’s LUNA and its UST stablecoin, holders of these crypto-assets now seek compensation for their losses. On 13 June, a class-action lawsuit ...
Hester Peirce criticizes lack of legal clarity for crypto
The crypto sector may be maturing, but regulatory clarity around the treatment of digital assets continues to remain cumbersome. This was recently highlighted by Commissioner Hester Peirce — also kno...
YGG And Merit Circle DAO Evade Legal Tussle Securing A Settlement
For Merit Circle Ltd and Yield Guild Games (YGG), looking for a neutral settlement for their differences is a more peaceful option. Unfortunately, the DAO decided to eliminate YGG through community vo...
Brazil proposes making crypto payments legal
Brazil could soon endorse Bitcoin as a means of payment. A recently proposed addition to the Brazilian law could allow Brazilians to use cryptocurrencies for payments. The move will also protect inves...