Politics & Law
With the potential to guarantee mutual trust and a verifiable route to justice, blockchain technology is a powerful tool to fix the parity within politics and law. This space will cover the technology fighting against them.
Wall Street Market, the second-largest darknet in the world in recent months, has been shut down by international law enforcement agencies, including Europol as well as U.S., German, Dutch and Romanian law enforcement.
U.S. Attorney’s office for the Southern District of New York has charged two individuals of providing “shadow banking” services for crypto exchanges.
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.
The New York Office of the Attorney General (AG) has opened a legal probe into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). But what exactly does this mean for the duo and for the Bitcoin industry at large?
A 21-year-old student who was accused of stealing over $7.5 million in digital assets via a SIM swapping operation has been sentenced to 10 years in prison.
A two-year investigation into whether or not the Trump campaign colluded with Russia has found that an intelligence branch of the Russian government used bitcoin to fund cyberwarfare efforts and traced this bitcoin to a U.K. exchange.
The Winklevoss twins have reached a settlement with Charlie Shrem over a lawsuit alleging that Shrem stole 5,000 bitcoin from the pair in 2012.
In a series of legal letters shared with Bitcoin Magazine, SCA ONTIER LLP., writing on behalf of Wright, demands that Hodlonaut retract his statements and apologize, or else their client will sue him for libel.
A court has appointed Ernst & Young as the beleaguered cryptocurrency exchange’s Trustee in Bankruptcy.
QuadrigaCX monitor Ernst & Young suspects that the exchange’s late CEO may have been financing personal expenditures with company funds. It is now recommends that assets in his estate be placed under a preservation order.
The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust.
Justice Wood has given Miller Thompson and Cox & Palmer, a joint counsel of two firms, the bid to represent claimants who have lost funds to the defunct crypto exchange.
Jennifer Robertson has been selling assets of the late Gerald Cotten’s estate, and she’s allegedly shuffled some of these assets into a trust for legal protections.
During the session, the Honorable Justice Michael Wood heard testimonies from the four law firms that creditors have turned to for counsel as they seek recovery of funds from the troubled Canadian bitcoin exchange.
Emails suggest that some clients of QuadrigaCX may have received deposits from entities associated with Jennifer Robertson, despite sworn claims that she had nothing to do with the exchange’s operations prior to her husband’s death.
The court document states, “On February 6, 2019, Quadriga inadvertently transferred 103 bitcoins valued at approximately $468,675 to Quadriga cold wallets which the Company is currently unable to access.”
SIM swappers are known to target high-security online domains such as social media accounts, email addresses, bank accounts and cryptocurrency wallets.
On January 31, 2019, the cryptocurrency exchange went offline posting a statement that they had filed for creditor protection.
Several of South Korea’s top cryptocurrency exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time.
Finnish tax authorities have handed over information on 2,700 bitcoin traders to its Danish counterpart, Skattestyrelsen (SKAT).
Former Mt. Gox CEO Mark Karpeles has run into trouble in the Japanese legal system, and prosecutors are pursuing a 10-year jail sentence for alleged embezzlement during his tenure at Mt. Gox.
This is a concrete example of the court system showing a willingness to treat ICOs as if they are not necessarily tied to securities regulations.
Rice is accused of scamming investors out of more than $4 million through a cryptocurrency scam that promised federally insured accounts and brand-name credit cards.
For the first time, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has traced illicit bitcoin activity to the public addresses of two sanctioned individuals.