Cryptocurrency Analysis and News Portal
Kleiman, on behalf of Dave’s estate, sued Wright in a Florida court for allegedly stealing his brother’s fair share of intellectual property the pair supposedly developed together (including the Bitcoin IP, the plaintiffs claimed) and bitcoins they were said to have mined jointly. Kleiman said the two created a business
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A recent court filing stemming from the Southern District of New York shows that a U.S. district judge has ordered the crypto startup Terraform Labs to comply with the Securities and Exchange Commission’s (SEC) subpoenas. During the second week of November 2021, the U.S. regulator filed a subpoena enforcement action
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Prosecutors allege that Ilya Lichtenstein, 34, and his wife, Heather Morgan, 31, conspired together to launder 119,754 bitcoins – worth over $5 billion in today’s prices – that were stolen during the 2016 hack of Bitfinex. The couple faces two conspiracy charges each that could see them face up to
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"Cryptocurrency and related software analytics tools are 'the wave of the future, Dude. One hundred percent electronic,'" Faruqui concluded, tipping his hat to Jeff "The Dude" Lebowski, the rug-loving stoner lead character in the 1998 movie "The Big Lebowski." Source
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Chief Judge Beryl Howell, of the U.S. District Court for Washington, D.C., stayed an earlier order by a New York magistrate judge to release Ilya "Dutch" Lichtenstein and Heather Morgan on bail. The two were arrested Tuesday by federal officials on charges stemming from a 2016 hack of the Bitfinex
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A judge has decided to stop the deal the Argentinian Soccer Association (AFA) signed last week with Binance, one of the leading exchanges in the cryptocurrency world. María José Gigy Traynor dictated a prohibitory injunction ordering the cancellation of all deals announced or signed with Binance, due to exclusivity contracts
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SEC attorneys, for their part, have claimed that these documents contain staffer deliberations, and therefore are protected against discovery. District Judge Sarah Netburn, of the Southern District of New York, ruled that some of these documents are indeed protected, but ordered the regulator to turn over others, including an email
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There has been another twist in the ongoing battle between distributed ledger technology firm Ripple and the U.S. Securities and Exchange Commission (SEC).On Monday, Oct. 4, U.S. District Judge Analisa Torres ruled that individuals holding the company’s XRP token cannot act in Ripple’s ongoing lawsuit as defendants. The determination comes
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A New York judge has denied Ripple Labs’ motion to compel the U.S. Securities and Exchange Commission (SEC) to produce records of its employees’ crypto transactions.Ripple filed the motion on August 27 requesting information about whether SEC employees had purchased and traded bitcoin, ether and XRP, the cryptocurrency the regulator
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U.S. Magistrate Judge Sarah Netburn has ordered Ripple to produce one million missing Slack messages between employees which the Securities and Exchange Commission (SEC) has sought to access. Despite Ripple’s protestations that complying would cost up to $1 million, the judge deemed the messages critical and unique evidence for the SEC’s
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