Court

US Court Rules Trump Tariffs Illegal: What’s Next for Bitcoin’s Price?

US Court Rules Trump Tariffs Illegal: What’s Next for Bitcoin’s Price?

The cryptocurrency market experienced the adverse consequences of Trump’s tariffs against essentially every other country in April, or at least the threat, resulting in massive price declines to multi-month lows. Although the POTUS has continued to impose such taxation on some nations while reducing the rates for others, more controversy arose on Friday when the

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Court Clears Haru Invest CEO of $650M Fraud Charges

Court Clears Haru Invest CEO of $650M Fraud Charges

A South Korean court has acquitted Haru Invest CEO Lee Hyung-soo of fraud charges tied to the loss of approximately $650 million in crypto. The 15th Criminal Division of the Seoul Southern District Court delivered the ruling, led by Presiding Judge Yang Hwan-seung. Judge Yang’s Ruling Local media reports revealed that the court found that

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Court Slaps My Big Coin: Founders Hit With $25.8M Penalty for Defrauding Crypto Investors

Court Slaps My Big Coin: Founders Hit With $25.8M Penalty for Defrauding Crypto Investors

A Massachusetts federal court has ordered My Big Coin Pay, Inc. and My Big Coin, Inc., along with individuals Mark Gillespie of Michigan and John Roche of California, to collectively pay nearly $25.8 million in penalties and restitution to the Commodity Futures Trading Commission (CFTC). The ruling was issued on Wednesday by the US District

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Did a Shanghai Court Just Legalize Bitcoin in China?

Did a Shanghai Court Just Legalize Bitcoin in China?

Bitcoin has been very popular in the United States, Europe, the Middle East, and Latin America. The cryptocurrency has also enjoyed great success in neighboring South Korea and Japan. Cryptocurrency policy in China has been varied—from allowing citizens and residents of mainland China to own crypto, to banning the asset class in 2021. It would

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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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