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UK Court Recognizes USDT as ‘Distinct Form of Property’

[Sep 15 11:15 PM] A High Court of England and Wales has ruled that stablecoin tether (USDT) is recognized as property under English law. The court clarified that cryptocurrencies, despite not being physical assets, can be treated similarly to tangible and intangible…

UK court rules Tether is property in first English law post-trial crypto ruling

[Sep 13 3:56 AM] It comes a day after a UK government bill aimed to clarify that crypto was “personal property” under property laws.

UK Parliament Introduces Bill to Recognize Bitcoin and Crypto as Personal Property

[Sep 11 5:06 PM] The UK Parliament has introduced the Property (Digital Assets etc) Bill today to officially and legally recognize Bitcoin, cryptocurrency, and other digital assets as personal property. With this new legislation, for the first time, British law…

Former FTX exec Ryan Salame to give up $5.9M Bahamas property

[May 2 9:07 PM] Salame proposes to satisfy the debtors by transferring a residence he owns to FTX Digital Markets Ltd.

England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property

[Feb 22 5:24 AM] The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.

USDR Issuer to Salvage Failed Property-Backed Stablecoin’s Assets, ‘Make Users Whole’

[Oct 12, 2023 6:12 AM] A high-profile failure in crypto’s burgeoning “real-world assets” niche may take an upward turn.

Bitcoin Is A Possession, Not Property

[Oct 2, 2023 8:00 AM] Property arises naturally, through labour (transformation of matter) and through the peaceful exchange of individuals. It is a foundational concept that enables human action by allowing individuals to satisfy needs and navigate uncertainty. This…

Digital assets should be valued as ‘proper property’ — Sandbox co-founder

[May 15, 2023 11:44 PM] Around 5 billion people are online and digitally-bound assets should get the same treatment as any other type of property, says Sandbox co-founder Sebastien Borget.

Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide

[Apr 19, 2023 1:30 PM] In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this…

Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder

[Apr 4, 2023 6:30 PM] Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may…

Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders

[Mar 7, 2023 9:00 AM] FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that…

Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital

[Jan 31, 2023 9:00 AM] On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the…

Government Agencies Need Crypto Wallets and Access to Exchanges, Russian Prosecutors Say

[Dec 19, 2022 1:00 AM] Russian authorities are finding it hard to cash out digital assets they have gotten hold of, prosecutors have warned. They have also urged the government to recognize cryptocurrency as property, allow departments to have digital wallets and use…

Court in China Recognizes NFTs as Virtual Property Protected by Law

[Dec 6, 2022 4:30 PM] A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired…

Bahamas Property Worth $121 Million Acquired by FTX, SBF’s Parents, Report Unveils

[Nov 22, 2022 8:00 AM] Bankrupt crypto exchange FTX and its founder’s parents have purchased properties for almost $121 million in the Bahamas, according to a media report. Some of these were supposed to be used by the company’s senior executives, quoted documents have…