China has officially declared that cryptocurrency is legal property, yet questions remain about what this may signal for the future of the volatile foreign exchange. Will this move provide new opportunities or introduce further challenges?
SBF Lawyers have requested for the temporary release of their client, citing a difficult challenge of reviewing 4 million pages of newly presented evidence. As the case continues, legal experts remain poised for further developments.
As the blockchain-based markets for non-fungible tokens (NFTs) rapidly expand, the question of their status as securities or investment contracts has landed in the cross-hairs of the U.S. Securities and Exchange Commission (SEC) in the form of a lawsuit.
Sam Bankman-Fried’s defense team is ramping up calls for the urgent release of their client ahead of his trial in October. Bankman-Fried’s lawyers argue that a ‘temporary release’ is necessary to ensure a fair trial.
The U.S. Treasury Department has imposed sanctions on two co-founders of decentralised finance project Tornado Cash for allegedly laundering funds and breaching international sanctions regulations. The individuals have been charged with violating U.S. and international laws.
Grayscale Investments, LLC has reached a settlement with Fir Tree Partners, ending the firm’s lawsuit over proposed changes to the Grayscale Bitcoin Trust. The financial terms of the settlement were not disclosed.
Legal proceedings have reportedly begun in South Korea against the co-founder of Terraform Labs in an undisclosed case. This follows months of investigation into the matter, the result of which remains to be seen.