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.
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.
An American who owns a financial interest (like bitcoin) worth $10,000 or more, or has signing authority over a foreign financial account, doesn't necessarily have to actually pay taxes on them. But they must let the IRS know about them.
Cameron-Huff said that he is happy to accept bitcoin as payment (as well as fiat) and, in what he sees as another pioneering step forward, he has a fixed-fee payment system for his clients.
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.
Many ICOs have attempted to evade the SEC’s scrutiny by self-labeling their products as utility tokens. So far, the SEC doesn't seem to be buying the distinction.
The filing of the complaint against Bitmain says that the plaintiff class “is so numerous that joinder of all members is impractical. On information and belief, the class includes more than 100,000 members.”
Commissioner Rome signed the orders against Global Pay Net, Credits LLC, CrowdShare Mining and CyberSmart Coin Invest for allegedly publishing misleading statements on their websites with false promises to defraud investors.
As a special event What Bitcoin Did has partnered with the campaign to free Ross Ulbricht to host a detailed analysis of Ulbricht’s arrest and imprisonment, Railroaded, on the LTB Network.
