Court

Illinois Court Confirms That Bitcoin And Ethereum Are Both Commodities: CFTC Chair

Illinois Court Confirms That Bitcoin And Ethereum Are Both Commodities: CFTC Chair

Rostin Benham – Chairman of the Commodities and Futures Trading Commission (CFTC) – says that an Illinois court has formally ruled both Bitcoin (BTC) and Ethereum (ETH) to be commodities, all but settling the CFTC’s crypto turf war with its sister agency. “In its decision, the court re-affirmed that both Bitcoin and Ether are commodities […]

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Montenegro Court Approves Do Kwon’s Extradition to the United States: Report

Montenegro Court Approves Do Kwon’s Extradition to the United States: Report

Nearly a year after his arrest in Montenegro, Terraform Labs co-founder and former CEO Do Kwon is reportedly set to be extradited to the United States to face criminal charges. Both the United States and South Korea previously submitted extradition requests to Montenegro officials. According to local news outlet Pobjeda, on Feb. 21, the Podgorica

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Court Rules Against Crypto Mining Company, Won’t Force BC Hydro to Provide Power + More Crypto News

Court Rules Against Crypto Mining Company, Won’t Force BC Hydro to Provide Power + More Crypto News

Last updated: February 5, 2024 22:13 EST | 3 min read Source: Dalle-3Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Court Rules Against Crypto Mining Company, Will Not Force BC Hydro to Provide Power YouHodler Gets Bank of Spain’s

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FTX Granted Court Approval to Liquidate $744 Million Grayscale Trust Assets

FTX Granted Court Approval to Liquidate $744 Million Grayscale Trust Assets

Bankrupt cryptocurrency exchange FTX just has received approval from a bankruptcy court to sell its stakes in digital trusts managed by Grayscale Investments, according to a bankruptcy court document filed on Friday. This move is part of FTX’s strategic efforts to repay billions owed to creditors. The assets, valued at about $744 million last month, form a

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High Court Orders Liquidation of Hodlnaut Crypto Lending Platform – 17,000 Users Impacted

High Court Orders Liquidation of Hodlnaut Crypto Lending Platform – 17,000 Users Impacted

Source: Hodlnaut The Singapore High Court has ordered cryptocurrency lending platform Hodlnaut to undergo liquidation, as stated in a court document dated November 10.  The court has appointed Aaron Loh Cheng Lee and Ee Meng Yen Angela, both from corporate advisory firm EY, as the joint liquidators for Hodlnaut. The decision comes after the two were initially

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Court and Courtrooms, Law and Lawsuits and 20 Crypto Jokes

Court and Courtrooms, Law and Lawsuits and 20 Crypto Jokes

This week in crypto: JPMorgan predicted a 20% drop in the Bitcoin hashrate after the next halving, some argued there’s a connection between McRib, bitcoin, and stocks, and while Jim Cramer predicted a sharp drop for bitcoin, Yann Allemann opined that no major bitcoin drop is to be expected. Binance’s $1 billion industry recovery fund

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