Cryptocurrency Analysis and News Portal
A Chinese intermediate court based in Beijing recently upheld a lower court’s ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulations issued by the Bank of China and others only prohibit the circulation of virtual currency. ‘Financing Behaviour Prohibited by the
Read More
However, Wright told the court, before his account was deleted, he received an influx of nasty DMs, some threatening physical violence to his family. He said he’d never received DMs of such an aggressive nature before Hodlonaut’s March 2019 tweets (though later, in cross examination, he admitted he’d been sent
Read More
The warrant has been issued against Kwon and five others, according to the report. Original Source
Read More
Kyle Roche, an attorney and founding partner of the crypto boutique litigation firm Roche Freedman LLP, recently withdrew from a number of class-action lawsuits initiated by the law firm. The attorney’s withdrawal follows videos that circulated showing the lawyer discussing associations with cryptocurrency companies. After the attorney’s initial filing, the
Read More
The court drama behind the acquisition of South Korean crypto exchange Bithumb has been going on for several years, but in an unexpected development, a Singapore court has made a ruling against Kim Byung-gun, who has originally accused the owner of Bithumb, Lee Jung-hoon, o defrauding him. According to the South
Read More
On Aug. 29, Hodlnaut's legal representatives attended a court hearing alongside two creditors, both of which submitted nominations for IJM candidates. The judge appointed Ee Meng Yen Angela and Aaron Loh Cheng Lee, care of EY Corporate Advisors Pte. Ltd., as Hodlnaut's interim judicial managers. Original Source
Read More
According to Reuters, on Monday, the Central African Republic's (CAR) Constitutional Court said that the purchase of citizenship, e-residency and land using its government-backed Sango digital currency is unconstitutional due to the absence of market value in nationalities. Earlier in July, the CAR's government unveiled its Sango crypto hub to
Read More
The high court of the Central African Republic (CAR) has denied the government’s plan to offer citizenship, land and valuable minerals to investors who purchase $60,000 of its government-supported cryptocurrency, the sango coin, saying that the proposal is unconstitutional, according to a report from Bloomberg. Original Source
Read More
Twitter Inc. has been ordered to provide additional data relating to spam and bot accounts to Elon Musk. The social media giant has sued the Tesla CEO for terminating his $44 billion offer to buy the social media platform. The U.S. Securities and Exchange Commission (SEC) has also questioned Twitter
Read More
According to a document seen by Bloomberg, Zhu delivered the affidavit in person on Aug. 19. In it, Zhu states that Teneo “had not provided an entirely complete or accurate version of events” to the Singapore court, which granted Teneo’s request for access to 3AC records in Singapore on Aug.
Read More