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Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes

[Sep 15 4:11 PM] An Indian High Court has ruled that police cannot freeze entire bank accounts during fraud investigations. Only fraud-related amounts in bank accounts can be frozen. The decision followed a case where an account was frozen due to a cryptocurrency…

CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets

[Sep 8 2:30 PM] 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 the door for U.S. citizens to place bets on the…

SEC Addresses Final Court Ruling in Ripple Case, Highlights Key Outcomes

[Aug 11 1:30 AM] The U.S. Securities and Exchange Commission (SEC) has addressed District Judge Analisa Torres’ ruling in the Ripple case over XRP, emphasizing the substantial financial penalties imposed on the crypto firm and its ongoing securities law…

Following Court Ruling, XRP Price Skyrockets as South Korea Leads the Charge

[Aug 8 9:45 PM] On Aug. 8, following the imposition of a $125 million civil penalty on Ripple Labs by a district judge, the firm’s executives and community celebrated the outcome as a “victory.” This led to an uptick in XRP’s trading…

Bankruptcy Court Backs Bittrex in Cryptocurrency Freeze Dispute

[Jun 1 4:14 PM] The bankruptcy proceedings of Bittrex Inc. involved a legal dispute over claims filed by Azim Ghader, who sought recovery for lost profits and damages after his cryptocurrency was frozen on the Bittrex exchange in 2017. The United States Bankruptcy…

US courts to handle Coinbase Dogecoin sweepstakes disputes

[May 24 2:07 AM] Justice Neil Gorsuch emphasized that arbitration is a matter of contract and parties can agree to have an arbitrator resolve threshold arbitrability questions.

Judge Rules Craig Wright Lied ‘Extensively,’ Committed Forgery in Bid to Claim Satoshi Identity

[May 20 8:10 AM] On May 20, 2024, a ruling was delivered by Justice James Mellor in the COPA vs. Craig Wright case. Mellor determined that Wright lied “extensively and repeatedly” in his efforts to prove he was Satoshi Nakamoto. Mellor emphasized that…

South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security

[Apr 24, 2023 11:30 AM] Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a…