Category: court

Ukrainian Parliament Passes Bill That Criminalizes People Who Don’t Reveal Crypto Holdings

The Ukrainian parliament is enforcing its tough stance against people who don’t disclose their cryptocurrency holdings on the tax fillings. The measure comes in the wake of a recent publication that showed alleged mistakes in declarations from public servants. Offenders Could Spend up to Two Years in Jail According to an official document released by […]

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US Judge Dismisses Antitrust Case Accusing Bitmain, Kraken, and BCH Devs of Manipulation

A U.S. court in Miami has dismissed an amended complaint in the lawsuit that accused nine defendants including Kraken founder Jesse Powell, Bitcoin.com founder Roger Ver, Bitmain’s Jihan Wu, and a few open-source Bitcoin Cash developers of collusion. U.S. Magistrate Judge Chris McAliley dismissed the amended complaint under Federal Rule of Civil Procedure on March […]

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U.S. prosecutors discussing surrender agreement with former BitMEX CEO Arthur Hayes

Arthur Hayes could surrender to U.S. authorities as soon as next month, prosecutors told a New York judge during a February hearing. According to court documents obtained by The Block, Hayes — the co-founder and former CEO of the crypto derivatives exchange — is “currently residing abroad in Singapore” and in discussions with the U.S. […]

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Federal Court Rejects Motion Filed by Crypto Developer Virgil Griffith to Dismiss Charges on Aiding North Korea

Federal Court Rejects Motion Filed by Crypto Developer Virgil Griffith to Dismiss Charges on Aiding North Korea

A U.S. federal judge has rejected a motion filed by a former Ethereum Foundation developer over allegations of assisting North Korea to bypass sanctions. Prosecutors claim, Virgil Griffith, aided the regime by providing critical information on cryptocurrencies. Prosecutors Say Griffith’s Speech Was About the Use of Cryptos to Circumvent Sanctions Per Law360, a jury is […]

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A16z, Coinbase intend to challenge FinCEN’s proposed crypto wallet rules in court should it become law

A16z, Coinbase intend to challenge FinCEN’s proposed crypto wallet rules in court should it become law

Venture capital firm a16z and exchange operator Coinbase intend to challenge Financial Crimes Enforcement Network’s (FinCEN’s) proposed crypto wallet rules in court should it become law. The intention was revealed by a16z’s Kathryn Haun and Coinbase’s Brian Armstrong in tweets on Monday, who said the proposed rules are ill-advised and shouldn’t go forward. FinCEN, a bureau […]

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Bitcoin Evangelist Andreas Antonopoulos Plans to Testify in Billion-Dollar Bitcoin Lawsuit

Bitcoin Evangelist Andreas Antonopoulos Plans to Testify in Billion-Dollar Bitcoin Lawsuit

On Monday evening November 16, the popular bitcoin evangelist Andreas Antonopoulos tweeted about his upcoming role in the high-profile billion-dollar bitcoin lawsuit, Kleiman v. Wright. Antonopoulos said that he will be “testifying at trial” during the month of April 2021, even though Craig Wright’s defense team tried to exclude him. It seems the ongoing high-profile […]

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FinCEN hits bitcoin mixing service operator with $60 million penalty for BSA violations

FinCEN hits bitcoin mixing service operator with $60 million penalty for BSA violations

The Financial Crimes Enforcement Network said Monday that it had assessed a $60 million penalty against Larry Dean Harmon for the years-long operation of bitcoin “mixing” services and violations of the U.S. Bank Secrecy Act. Harmon was sued in February by the U.S. Department of Justice for operating Helix, which allegedly catered to dark net […]

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