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"It has been demonstrated to this Court that justice cannot be done amongst the parties to the Action without the testimony of Mr. Hyman... This Court requests the assistance of an appropriate English judicial officer to compel the appearance of Mr. Hyman to give oral sworn testimony and to produce
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Even if XRP were a security, the investors suing Ripple brought their case far too late for it to proceed, the company said in a new filing. Source
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Nordea Bank, a financial institution in Denmark that’s part of the largest financial group in Scandinavia, has been given the go-ahead by a Danish court to continue restricting its employees from owning or trading Bitcoin (BTC). The court says the volatility associated with cryptos justifies the ban, according to a
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Nordea Bank has won a court battle in Denmark over its bid to bar employees from buying and selling cryptocurrencies outside of work. Source
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Currently under investigation, OneCoin has become one of the most infamous cryptocurrency Ponzi scams. Despite that, OneCoin has denied all allegations of being a Ponzi scheme and is still operational despite the growing number of accusations and arrests of affiliated people.Mark S. Scott is a lawyer and former partner at
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The secure messaging app giant Telegram has asked the US court to dismiss allegations placed on the company regarding its Gram token being security by the Securities and Exchange Commission (SEC). The company drafted a court filing, detailing its case and rebutting the list of imputations hurled on the firm
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A Dutch court has ruled that Facebook must remove Bitcoin (BTC)-related fraudulent investment ads following local billionaire and television producer John de Mol’s lawsuit against the company, Reuters reported on Nov. 11.De Mol initiated judicial proceedings against the social media giant in June 2019, claiming that Facebook failed to
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With each passing day, the financial nitty-gritty associated with the cryptocurrency-related OneCoin Ponzi scheme continues to become of increasing interest to members of the global crypto community. The U.S. government’s previous estimate of the scam that raked in a total of $4 billion seems to be well off the mark,
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The CEO of Delaware-registered blockchain firm Veritaseum LLC and New York-registered Veritaseum Inc., Reggie Middleton, was ordered to pay $8.4 million in disgorgement, according to a new court order. Additionally, Middleton is liable for a civil penalty of $1 million, fintech publication FinanceFeeds reported on Nov. 1, citing a
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The United States Attorney for the Southern District of New York has indicted Crypto Capital executive Oz Yosef on three criminal counts.An Oct. 23 court filing obtained by CryptoX confirmed that Oz Yosef has been indicted by U.S. authorities on conspiracy to commit bank fraud, bank fraud and conspiracy
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