Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 14.
Chinese court says NFTs are virtual property protected by law
The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs.
EmpiresX ‘head trader’ to face 4 years of prison over $100M crypto ‘Ponzi’
Two other associates that helped run the U.S.-based fraudulent crypto platform EmpiresX left the country early this year and are believed to be in Brazil.
Tornado Cash developer Alexey Pertsev to stay detained until next year’s hearing
A Dutch court hearing ruled that the Tornado Cash developer would be held for another three months as the investigation continues.
FTX ordered to pay reimbursement fees to Bahamian regulators
The Bahamian Securities regulator was ordered to offer custody for digital assets belonging to bankrupt crypto exchange FTX on Nov. 12.
SBF’s lawyers terminate FTX representation due to conflicts of interest
Attorney Martin Flumenbaum believed that Sam Bankman-Fried’s “incessant and disruptive tweeting” negatively impacted the reorganization efforts of the lawyers.
South Korea seizes $104M from Terra co-founder suspecting unfair profits
The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was based on a request from the prosecutors.
SEC wins LBRY case, but the victory may have little impact in the greater cryptoverse
Although it was quickly overshadowed by more dramatic events, the LBRY case is a rare instance of a crypto related unregistered securities complaint going to court.
Here’s what you should know about the upcoming US midterms: Law Decoded, Oct. 31–Nov. 7
Despite a common mantra about the nonpartisan nature of crypto, there are certain correlations evident ahead of the United States elections.
Elon Musk faces class-action suit over mass Twitter layoffs
Elon Musk previously won a similar class-action lawsuit brought by Tesla employees, calling the case “trivial.”
You have our swords: 12 independent entities pledge legal support for Ripple
The evidence is mounting as “friends of the court” line up in support of Ripple Labs.
Celsius Network defaults on payments to Core Scientific, causing financial unrest
Core Scientific claims to be losing approximately $53,000 per day to cover the increased electricity tariffs that Celsius refuses to pay.
‘Well worth the fight’ — Ripple counsel confirms Hinman docs are in their hands
The truth will be shameful and shocking for the SEC according to Ripple boss Brad Garlinghouse.
The crypto industry fights regulators in the courts: Law Decoded, Oct. 10–17
Grayscale and Ripple against the SEC, Coin Center versus the Treasury — it’s a hot season in the U.S. courts.
Court partially denies Aptos Labs’ motion to dismiss Glazer’s $1 billion lawsuit
Four legal claims were dismissed by the court, while three others were allowed to proceed.
Korean police reportedly arrest first person involved in Terra collapse
The head of the business team of Terraform Labs was a part of Do Kwon’s inner circle.
Celsius founder reportedly withdrew $10M before bankruptcy filing: FT
The details of the withdrawal will reportedly be part of upcoming court filings, and it’s possible the founder and former CEO of the crypto platform could be forced to pay it back.
XRP price breaks out of range with a 25% rally, but why?
XRP attracts buyers after the hope of a positive court ruling triggers a 25% rally above a key longer term resistance level.
New York Judge orders Tether to document USDT backing
The court accepted the Plaintiffs’ requests to provide “undoubtedly important” documents in the alleged fraud case.
Alameda Research ‘happy to return’ $200M loan to Voyager Digital
The trading company will pay back the debt, which has fallen almost twice in dollar estimate, by the end of September.