カテゴリー: Court

US Judge Orders Alleged Hacker to Pay Bail in Cryptocurrency

US Judge Orders Alleged Hacker to Pay Bail in CryptocurrencyA US federal judge has ordered an alleged hacker to pay the equivalent of $750,000 in cryptocurrency for bail. The man was charged with hacking video game company Electronic Arts (EA), obtaining in-game currency used to buy and sell in-game items, and selling access to online games though black-market websites. Also read: Yahoo! Japan Confirms Entrance […]

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Chinese Courts Face Hundreds of Crypto Cases, Struggle with Rulings

Chinese Courts Face Hundreds of Crypto Cases, Struggle with RulingsFalling crypto prices have been blamed for a growing number of crypto-related legal disputes in China. Unclear regulations and unofficial restrictions are making it harder for courts to resolve these cases. Many of them involve cryptocurrency trading which is supposed to be banned in the People’s Republic, or is it? Also read: Malta Tops Exchange-Based […]

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SEC Fines and Permanently Bars Founder of Fraudulent Oil Exploration Token

SEC Fines and Permanently Bars Founder of Fraudulent Oil Exploration TokenThe U.S. Securities and Exchange Commission (SEC) has taken action against an oil and gas exploration company and its founder who “perpetrated a fraudulent initial coin offering (ICO) to fund oil exploration and drilling in California.” The token sale failed to raise money but the tokens were issued as part of a bounty program, which […]

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Exchanges Round-Up: Chinese Court Backs Coinnice Repatriation, CZ Demos Binance DEX

Exchanges Round-Up: Chinese Court Backs Coinnice Repatriation, CZ Demos Binance DEXIn recent news pertaining to cryptocurrencies, a Chinese court has rejected an appeal from a trader disputing a previous decision that mandated he repay the value of 5 BTC accidentally credited to his Coinnice account, the CEO of Binance has demonstrated the company’s upcoming decentralized exchange (DEX), and Okex’s head of operations has discussed the […]

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Regulations Round-Up: Central Bank-Issued Digital Currencies, Regulatory Clarity

Regulations Round-Up: Central Bank-Issued Digital Currencies, Regulatory ClarityIn recent regulatory news, Spain’s Central bank has issued a report favoring the development of a central bank-issued digital currency (CBDC), the president of Taiwan’s central bank has advocated caution regarding CBDCs, the Blockchain Research Institute has published a summary of recent roundtable discussions calling for great regulatory clarity, and a Russian court has a […]

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US Court Seizes 81 BTC, Sends Bitcoin Trader to Jail for 41 Months for Money Laundering

US Court Seizes 81 BTC, Sends Bitcoin Trader to Jail for 41 Months for Money LaunderingA U.S. district judge has ordered a bitcoin trader to forfeit 81 bitcoins and sentenced him to 41 months in prison for money laundering. Thomas Mario Costanzo, also known as Morpheus Titania, sold bitcoins to undercover federal agents pretending to be drug dealers, according to the Department of Justice. Also read: Yahoo! Japan Confirms Entrance Into […]

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The Daily: Exchange Operator Pleads Guilty, Scammer Fined Over $1.9 Million

The Daily: Exchange Operator Pleads Guilty, Scammer Fined Over $1.9 MillionIn today’s edition of Bitcoin in Brief we cover a number of stories related to crime from around the cryptosphere: an exchange operator pleads guilty to securities fraud, a scammer is fined over $1.9 million for bitcoin and binary options fraud, police get a crypto course and a new type of ransomware attack is discovered. […]

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Indian Supreme Court Heard Crypto Petitions Today but RBI Ban Stays

Indian Supreme Court Heard Crypto Petitions Today But RBI Ban StaysIndia’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Supreme […]

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Chile Appeals Court Rules in Favor of Crypto Exchange Against Bank

Chile Appeals Court Rules in Favor of Crypto Exchange Against BankIn an ongoing dispute between banks and cryptocurrency exchanges in Chile, an appeals court has finally ruled in favor of one crypto exchange against one of the largest banks in the country. Five major banks have also separately responded to lawsuits against them in court. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Court […]

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Japan Gives Jail Sentence to Crypto Miner in a Remote Mining Case

Japan Gives Jail Sentence to Crypto Miner in a Remote Mining CaseA Japanese district court has, for the first time, sentenced a man to prison in a remote crypto mining case. The case follows the arrests of Coinhive users by the police in 10 prefectures. However, this case is different from previously discussed cases of mining cryptocurrencies using website visitors’ computers. Also read: Yahoo! Japan Confirms Entrance […]

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