The computer scientist claims to have “invented” Bitcoin. And he is now forcefully taking over the asset’s open-source whitepaper. Take down the whitepaper Controversial Australian computer scientist Craig Wright is now threatening to sue the Bitcoin.org...
Given the recent SEC filing against Ripple Labs Inc., we are halting XRP trading for U.S. residents no later than January 29, 2021 at 5pm PT (January 30, 2021 at 1:00 UTC). We may begin implementing this process at any time on January 29, 2021,… The post Kraken to Halt XRP Trading for U.S. Residents appeared first on...
Tomorrow is an important date for the issuers of Tether, a USD-pegged stablecoin. But what does it mean? Tether, the crypto heartbeat Tether Limited, the company behind the widely-used Tether (USDT) stablecoin, will submit several documents explaining its legality to the New York Prosecutor’s Office tomorrow, Jan....
“Indeed, cash poses a greater challenge to law enforcement than cryptocurrency in unhosted wallets," wrote Judge Zia Faruqui in an opinion on a forfeiture case.
The Ripple co-founder allegedly pocketed hundreds of millions from illegal XRP sales, among other allegations. Garlinghouse speaks up Ripple co-founder Brad Garlinghouse took to Twitter this morning to explain his side of the story amidst the ongoing US SEC...
A judge at the U.K.'s Central Criminal Court ruled Monday that there would be a "high risk" of suicide if Assange was sent to face charges in the U.S.
Serbia will now permit the issuance and trading of digital assets under a law that went into effect this week.
On Monday, Dec. 28, Coinbase's Chief Legal Officer, Paul Grewel, announced via a Medium post that Coinbase will suspend XRP trading on January 19, 2021, pending the SEC lawsuit against Ripple Labs. In the post, Grewel noted: "The trading suspension will not affect customers’ access to XRP wallets which will remain...
The punches keep on coming for Ripple, days after the SEC launched a defining lawsuit against the company and its founders for having sold “unlicensed” securities in the US, MoneyGram distances from Ripple International payments processor MoneyGram distanced itself from Ripple yesterday as various charges were levied against the company and its founders....
The issuer of XRP tokens has come in the regulatory crosshairs for their alleged illegal distribution. Lawsuit coming for Ripple Ripple faces a class- action lawsuit from US authorities for its alleged involvement in the illegal issuance and distribution of XRP tokens,...
Yesterday, the U.S. Treasury's FinCEN branch confirmed that it is working on cracking down on crimes enabled by Bitcoin and other cryptocurrencies. A to- be-published document from the Financial Crimes Enforcement Network indicated that the rule will force virtual asset service providers to verify the name and address of non-custodial wallet users for any transaction exceeding $3,000. Some also think that this applies to...
Silk Road founder Ross Ulbricht, who operated the dark web site from 2011 to 2013 before his arrest, could soon get pardoned by US President Donald Trump if things work out. Silk Road was among the first public businesses...
Crypto lending firm Cred filed for a voluntary Chapter 11 case in the United States Bankruptcy Court for the District of Delaware to explore strategic alternatives, including, without limitation, the restructuring of its balance sheet or the sale of its business as a going concern, in a court-supervised process, it said in a release on Saturday....
Ethereum developer and Wikiscanner creator Virgil Griffith filed a motion last week to dismiss US government charges of him “aiding” the North Korean government, documents released last week showed. Griffith was...
The US Securities and Exchange Commission (SEC) filed a suit against cybersecurity entrepreneur John McAfee for his alleged role in manipulating cryptocurrency prices using his social media influence. "From at least November...
On Thursday, the industry was shocked by the news that leading Bitcoin derivatives exchange BitMEX was formally charged by the U.S. Commodities and Futures Trading Commission (CFTC) over concerns around derivatives and anti- money laundering violations. Simultaneously, the co-founders of the exchange, including...
Two important regulatory developments took place last week in the EU and the US. Here's what you need to know.
Bitcoin SV leader Craig Wright is involved in another court case concerning the early days of Bitcoin. According to court reports, this case involves a claim to $1 billion worth of Bitcoin. The Case In Brief The case concerns Ira Kleiman, who has filed a claim on behalf of his deceased brother David Kleiman. Allegedly, half of Wright's Bitcoin earnings rightfully belong to...
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