US Crypto Lawsuits Reach All-Time High With 42% Increase in 2022; SEC Cases Dominate Legal Battles
A brand new research on digital currency-related lawsuits since 2018 exhibits a 42% improve in crypto lawsuits in 2022. The highest variety of claims in...
Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets
Following costs by the U.S. Securities and Exchange Commission in opposition to the crypto alternate Gemini and the digital forex lender Genesis, Tron founder Justin...
Report: Alameda’s Caroline Ellison Retains SEC’s Former Enforcement Division Chief
After extra consideration has been forged on the previous Alameda Research CEO Caroline Ellison, a report particulars that Ellison has employed Wilmerhale accomplice Stephanie Avakian,...
Report: FTX Co-Founder SBF Retains White-Collar Lawyer Who Represented Ghislaine Maxwell
On Dec. 6, 2022, the previous FTX CEO Sam Bankman-Fried (SBF) reportedly retained the legal professional Mark Cohen, the lawyer that represented Ghislaine Maxwell throughout...
Salvadoran Group Files Lawsuits Against President Nayib Bukele on Lack of Transparency in Bitcoin Purchases
Cristosal, a Salvadoran nonprofit human rights group, has filed three lawsuits associated to President Nayib Bukele’s administration of public funds to buy bitcoin. The processes...
Crypto Miners in Russia’s Irkutsk Region Fined Almost $1.7 Million This Year
Authorities within the energy-rich Russian area of Irkutsk have imposed hefty fines on crypto miners this yr for unlawful use of electrical energy to provide...
Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base Reductions
Analysts from the multinational funding financial institution and monetary providers firm Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a notice to buyers...
Crypto-Related Lawsuits Rising in Russia, Criminal Cases Increase by 40%
Courts in Russia are listening to a rising variety of instances round crypto property, a brand new examine has proven. About two-thirds of them have...
Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power
The most important utility firm in Irkutsk is seeking to accumulate nearly $800,000 from homeowners of crypto farms which have allegedly precipitated a spike in...
Jack Dorsey Introduces Bitcoin Legal Defense Fund to Protect Open Source Developers
A latest letter printed to the Bitcoin builders mailing listing written by Square founder Jack Dorsey signifies {that a} authorized protection fund has been created...