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New York Court Rules That State Attorney Has Jurisdiction Over Bitfinex

News The New York State Supreme Court has ruled that the New York Office of the Attorney General (NYAG) has jurisdiction over cryptocurrency exchange Bitfinex. According to a court filing on Aug. 19, this will allow the NYAG to continue its investigation of the exchange over allegations of fraud a..

Court Allows Blockchain.com’s Trademark Lawsuit Against Paymium to Proceed

News The New York Federal Court denied the motion to dismiss the ruling in the trademark infringement action by cryptocurrency wallet and exchange operator Blockchain.com against fintech startup Paymium and its CEO Pierre Noizat over the use of domain “blockchain.io”. According to the court docume..

19-Year-Old Sentenced to 20 Months for Selling Stolen Data for BTC

News Elliot Gunton, aged 19 and of Mounteney Close in Norwich, pleaded guilty to supplying online personal data and hacking services for cryptocurrency. A hacker for hireA press release published on Aug. 16 by the Norfolk police reports that the man was sentenced to 20 months in prison and ordered..

IT Giant Oracle Sues Blockchain Startup for Taking Its Name

News Software development behemoth Oracle is suing blockchain startup CryptoOracle, alleging trademark infringement and cybersquatting. Cybersquatting and trademark infringementTechnology market news outlet Computer Reseller News (CRN) reported on Aug. 15 that Oracle sued CryptoOracle alleging tra..

Bitmessage Developer: Craig Wright Faked Documents on Bitcoin Creation

News The developer of peer-to-peer messenger Bitmessage, Jonathan Warren, testified against Australian computer scientist Craig Wright stating that some of Wright’s documents in a recent trial were faked. Per a court document released on Aug. 13, Warren testified in the course of an ongoing lawsui..

SEC Is Bringing ‘Thor’s Hammer’ Against Ripple, Warns Tone Vays

News Ripple is coming under fire from a serial Bitcoin (BTC) proponent this week after news emerged a lawsuit against the company has intensified. Ripple will feel U.S. regulators’ wrath, says VaysRipple, which notionally controls the token known as XRP, is currently being taken to court by an inv..

US Court Temporarily Freezes $8M in Response to SEC Request Yesterday

News A United States District Court has entered an emergency freeze to preserve $8 million of a New York citizen and two of his entities’ related assets following the U.S. Securities and Exchange Commission (SEC) complaint filed on Aug. 12. Per the SEC's announcement published on Aug. 13, the..

Judge Rules Coinbase Did Not Commit Fraud in Bitcoin Cash Lawsuit

News Cryptocurrency exchange Coinbase did not act fraudulently during its botched launch of Bitcoin Cash (BCH), a United States judge has ruled. Coinbase accused of insider trading BCH listingIn a court order issued on Aug. 6, U.S. District Judge Vince Chhabria of the Northern District of Californ..

UK Judge Strikes Out Craig Wright’s Libel Lawsuit Against Roger Ver

According to documents from the U.K.’s High Court of Justice published on July 31, a judge has denied Craig Wright’s libel lawsuit against Roger Ver. Wright filed the charge against Ver when the early bitcoin investor told the public he believed Wright was a “liar and a fraud.” However, the court fo..

Canadian Judge Approves $1.6M in EY, Legal Firm Fees in QuadrigaCX Case

News The Supreme Court of Nova Scotia, Canada, has approved over $1.6 million in fees for parties seeking funds from former Canadian cryptocurrency exchange QuadrigaCX, according to recently released court documents. Justice Darlene Jamieson ordered to approve the activities, fees and disbursement..

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