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A district court in Beijing has rejected monetary compensation in a Bitcoin (BTC) mining contract plea against a blockchain company.The Chaoyang District People’s Court on Wednesday deemed the Bitcoin mining contract between the plaintiff and the blockchain firm “invalid,” the South China Morning Post reported on Dec. 16. The plaintiff
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The Dow Jones rallied triple digits on Tuesday.Dow bulls are optimistic about a stimulus deal.Jerome Powell joins Nancy Pelosi and Donald Trump in calling for an agreement.The Dow Jones rallied on Tuesday, as investors continue to follow the carrot of stimulus talks. With Nancy Pelosi, Jerome Powell, and Donald Trump
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Jon Barry Thompson, the accused operator of a fraudulent crypto escrow service that defrauded $7 million from two customers, is expected to enter a guilty plea — with prosecutors aiming to finalize proceedings in September."The parties expect to reach a disposition of this matter and respectfully request that the court
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Black Twitch streamers have called on streaming brands Elgato and Corsair to support Black Lives Matter. The brands have been criticized for failing to publicly denounce racial injustice and police brutality. Several streamers have also published allegations about Elgato denying partnerships to Black creators. With global protests against racial injustice and police brutality
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Crypto Capital co-founder Reginald Fowler has rejected a plea deal with the US government in an ongoing case in which he is accused of operating a “shadow bank” for several crypto exchanges. Fowler was indicted in April 2019, along with Israeli national Ravid Yosef, for allegedly running a shadow bank for several
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Reginald Fowler, a former investor of the U.S. football team Minnesota Vikings, has rejected a plea deal with the U.S. government in an ongoing case that accuses him of operating "shadow bank" services tied to crypto exchanges.According to a letter submitted by the prosecutor of the case on Jan. 31,
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Reginald Fowler, one of the individuals accused of running a "shadow banking" service for cryptocurrency startups, is expected to plead guilty to at least some charges during a court hearing next month.According to a letter written by Assistant U.S. Attorneys Jessica Fender and Sheb Swett on behalf of U.S. Attorney
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Kik, the former messaging app now shifting its focus to cryptocurrency, has been involved in a court case with the SEC, which alleges that a 2017 ICO breached the commission’s regulations due to the fact that its coin, Kin, is actually a security. Kik Legal Team Struggle for Plausible Explanation The legal
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A Supreme Court judge in British Columbia (BC), Canada, has denied a motion to set aside an asset freeze, which was requested by the defendants in a multimillion dollar cryptocurrency fraud case.The defendants had filed to set aside an interim preservation order that was issued by the British Columbia
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