Wright and the Kleiman estate will now put their arguments before a jury in January.
Tether, Bitfinex File Motion to Dismiss Market Manipulation Lawsuit
Lawyers for Tether and Bitfinex parent iFinex have said a class action accusing them of market manipulation relies on unfounded allegations.
Voatz Calls for Restrictions on Independent Cybersecurity Research in Supreme Court Brief
Blockchain voting platform Voatz wrote that bug bounty programs are beneficial – provided researchers only operate under the supervision of the companies they’re looking into.
BitClub Promoter Pleads Guilty for Role in $722M Fraudulent Mining Scheme
50-year-old Joseph Abel pleaded guilty to securities and tax related offenses.
Brazil’s Central Bank Says Nation Might Be Ready for a Digital Currency by 2022
Brazil’s fast-digitizing financial infrastructure could set the stage for CBDC in the next two years, said Campos Neto.
Russia’s Latest Draft Bill Would Still Largely Ban Crypto, Stifle Miners
Russia’s Ministry of Finance wants to ban any cryptocurrency payments, which could be bad news for the country’s mining farms.
Saudi Arabia Pitches Blockchain-Based Business Passport to Boost Trade Finance
The passport would help businesses cut through redundant red tape and flourish across borders, Saudis said.
Swiss Canton Zug to Accept Taxes in Bitcoin, Ether From Next Year
Citizens and companies in Zug will be able to pay up to $109,000 of their tax bill in either bitcoin or ether from February next year.
Robinhood May Face $10M SEC Fine Over Disclosure Failures
Robinhood is reportedly under investigation by the SEC for not fully disclosing that it was passing customer orders onto market makers.
Digital Rights Advocacy Group Calls on Coinbase for Greater Transparency
The EFF wants Coinbase to be more transparent in how it handles authorities’ requests for users’ private financial data.
Self-Help Firm That Mostly Took Bitcoin as Payment Mostly Just Helped Itself, SEC Charges
Ninety-two percent of Mindset 24 investors allegedly lost some of their funds. They’d paid in over a million dollars – mostly in bitcoin.
Senate Banking Chairman Asks OCC About Its Planned Crypto Rulemaking
U.S. Senate Banking Committee Chairman Mike Crapo asked to know more about the OCC’s potential crypto guidance, but encouraged clear regulation.
FATF Compliance Effort Adds Huobi, Bitfinex and Tether to Governance Task Force
Shyft Network is adding Huobi, Bitfinex and Tether to its crypto-focused anti-money laundering platform as the sector ramps up FATF compliance efforts.
Prediction Markets’ Time Has Come, but They Aren’t Ready for It
After the pundits so badly misjudged the 2016 U.S. presidential election, prediction markets should be booming ahead of Nov. 3. Why aren’t they?
US Moves to Seize $400M From Convicted OneCoin Money Launderer
The U.S. Department of Justice wants an attorney to handover the massive sum he helped launder for the OneCoin scheme.
Moderator of Darknet Marketplace AlphaBay Sentenced to 11 Years in Prison
The Colorado man mediated disputes on the now-defunct darknet marketplace Alphabay.
China’s Digital Currency May Come With Hardware Wallets as Well
China Construction Bank’s brief digital yuan debut suggests that hardware wallets for the central bank digital currency may be in the works.
Russia’s New Blockchain Voting System Isn’t Ready, but It’ll Be Used This Month Anyway
The solution will be used for remote voting during by-elections for seats in the national parliament on Sept. 13 in two regions.
You Think Crypto Isn’t Ready to Be Money? Consider the Coin Shortage
If the United States had a digital dollar, we wouldn’t need to worry about a lack of coins at retailers like Target and Kroger.
Tezos Investors Win $25M Settlement in Court Case Over $230M ICO
A U.S. lawsuit that alleged the Tezos ICO was an unregistered securities sale has been settled for $25 million.