Courts

A federal court has dismissed a religious rights lawsuit filed by Silk Road founder Ross Ulbricht, who is seeking closer communication with his family.

The former CEO of BitMEX has appeared in court in Honolulu and is out on $10 million bond, according to reports.

Bitcoin SV Creator Craig Wright has reportedly lost his latest legal battle, with the judge questioning his credibility.

A lawsuit filed against Craig Wright will move forward after a judge rejected Wright’s motion to dismiss it.

The latest monitor report on defunct crypto exchange QuadrigaCX revealed that its CEO misused customer funds.

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.

Evidence — some hard, some soft — is piling up to suggest that there’s something amiss in the aftermath of the death of Gerald Cotten, CEO of Canadian cryptocurrency exchange QuadrigaCX.

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.

On January 31, 2019, the cryptocurrency exchange went offline posting a statement that they had filed for creditor protection.

The Shenzhen Court of International Arbitration (SCIA) has recently affirmed that cryptocurrencies, specifically bitcoin and several of its hard forks, are considered legal property and Chinese citizens have a right to own and transfer them.