Court Financial News

16.02 / 22:55

Ripple XRP SEC Court SEC v. Ripple: Here’s how two 2012 memos can turn the tide in the milestone crypto case

Ripple’s court battle with the United States Securities and Exchange Commission has recently seen new developments that, according to some observers, could foreshadow an impending resolution of this massively consequential case. Feb. 17 marks the deadline for Ripple to unseal a series of 2012 documents whose contents will likely sway the opinions of both the court and the public toward either one side or another. In another plot twist, the court’s decision to treat some of the SEC’s documents as open to discovery could set a groundbreaking precedent for similar cases involving U.S. executive agencies. Here is where things stand ahead of the next round of the showdown.

10.02 / 17:43

Law EOS Court foundation network EOS Network Foundation reveals plans to pursue a $4.1B lawsuit against Block.one

In a new chapter of the EOS community versus creators saga, the EOS Network Foundation’s (ENF) founder and “community-elected CEO” Yves La Rose revealed that they are preparing for a legal “war” against EOS creators Block.one.

08.02 / 17:29

Government proof-of-work Court Bitcoin Crypto Staking settlement No precedent: IRS court settlement doesn't clarify crypto staking taxes

In May 2021, a Nashville couple known as the Jarretts filed a lawsuit against the United States Internal Revenue Service (IRS) over taxes they had paid on unclaimed and unsold Tezos (XTZ) staking rewards. At the beginning of February,news broke that the lawsuit filed by the Jarretts had come to an end, resulting in the IRS issuing the couple a tax refund for $3,793.

07.02 / 21:25

SEC Court Winter Olympics Law Decoded: Tangible wins, new menaces and the global crypto taxation drive, Feb. 1–7

Every global event or major political crisis these days can trigger a digital asset-related conversation. As China welcomes the world’s top athletes to the Beijing 2022 Winter Olympics, showing off ultra-high-tech facilities and sports infrastructure, some United States politicians have raised concerns over the Games’ potential to act as a booster to the digital yuan’s adoption. In neighboring Myanmar, the military government that had overthrown the nation’s elected leadership a year ago is now looking into launching its own digital currency, not to project economic influence but to improve the domestic payments system and the struggling economy more broadly.

07.02 / 18:27

business Art Court Copyright ‘Wave of litigation’ to hit NFT space as copyright issues abound

Ownership is one of the most critical aspects of nonfungible tokens (NFT). They are a representation of the evolution of execution and ownership of art, content, music, in-game assets, etc., since they are digital assets with distinctive identities that are verifiable on a blockchain network.

03.02 / 17:25

Law Court Tezos PoS validator turns down IRS tax refund offer, pushes for clear policy on staking taxation

A United States couple suing the federal tax agency over Tezos (XTZ) staking rewards taxation chose to forego a tactical victory and engage in a court battle that could eventually result in policy change.

03.02 / 06:31

regulation Scams Court Meta Platforms Crypto scams Aussie billionaire sues Facebook over crypto scams with AG's consent

Australian billionaire Andrew “Twiggy” Forrest is taking Facebook to court over scammy cryptocurrency ads that he alleges used his name to defraud victims.

13.01 / 13:42

Government Law Court Bitcoin Pakistan’s central bank reportedly wants to ban crypto

The State Bank of Pakistan (SBP) is reportedly seeking to ban all cryptocurrency transactions in Pakistan.

10.01 / 15:57

Death Police Court English Channel: Number of migrants rescued off Calais coast trebled last year, says France

The number of migrants rescued off the coast of Calais and taken in by the French state tripled in 2021, the country's Office for Immigration and Integration (OFII) said on Monday.

10.01 / 15:09

Police Court Violence Arrest coup Kazakhstan crisis: President claims violent protests were 'attempted coup d'état'

The president of Kazakhstan has claimed that the recent violent demonstrations that have shaken the country were an "attempted coup d'état" by "armed fighters", adding that his forces would "never" fire on peaceful protesters.

10.01 / 09:27

Court Fire NATO New York: Bronx apartment fire kills 19, including nine children

A malfunctioning space heater sparked a fire that filled a high-rise Bronx apartment building with thick smoke Sunday morning, killing 19 people including nine children in New York City’s deadliest blaze in three decades.

10.01 / 09:27

Court Jail ousted Aung San Suu Kyi: Ousted leader 'sentenced to four more years in jail' in Myanmar

A court in Myanmar sentenced ousted leader Aung San Suu Kyi to four more years in prison on Monday after finding her guilty of illegally importing and possessing walkie-talkies and violating coronavirus restrictions, a legal official said.

10.01 / 08:47

VISA Court Novak Djokovic: Judge questions visa cancellation as player fights deportation in court

An Australian judge who will decide whether top-ranked tennis star Novak Djokovic plays in the Australian Open questioned on Monday what more the Serbian could have done to meet Australia's coronavirus entry requirements.

04.01 / 21:15

Court President Lawyers Prince Andrew's lawyers ask New York court to throw out sex abuse claims

Lawyers for the UK's Prince Andrew have asked a US court to throw out sexual assault accusations made by a woman who claims she was trafficked to the British royal by disgraced financier Jeffrey Epstein.

04.01 / 00:15

Court Sexual Abuse settlement Virginia Giuffre: Settlement between Jeffrey Epstein and Prince Andrew's accuser released

A woman who says she was sexually trafficked to Britain’s Prince Andrew by Jeffrey Epstein accepted $500,000 (€442,600) in 2009 to settle her lawsuit against the American millionaire and anyone else “who could have been included as a potential defendant,” according to a court record unsealed Monday.

21.12 / 16:23

Blockchain coinbase Court California Blockchain startup sues Brian Armstrong for allegedly stealing its work

ResearchHub, a scientific research site founded and self-funded by Coinbase CEO Brian Armstrong, is allegedly based on work stolen from its not-launched competitor, a new court filing suggests.

16.12 / 13:19

Law Asia Court Bitcoin compensation Beijing court rejects monetary compensation in Bitcoin mining contract plea

A district court in Beijing has rejected monetary compensation in a Bitcoin (BTC) mining contract plea against a blockchain company.

11.11 / 12:23

Europe Court Watch live: Armistice Day marked across Europe

Armistice Day events are being held around Europe, 103 years since the end of the First World War.

11.11 / 10:27

Court Murder Life sentence for anti-semitic murder of Mireille Knoll, 85, in Paris

A man has been handed a life sentence for the murder of an 85-year-old Jewish woman in Paris, in a case that sparked outcry over anti-semitism in France.

11.11 / 10:27

Court Culture Germany records 50,000 COVID-19 cases in ‘dramatic’ virus surge

Germany has recorded more than 50,000 coronavirus cases in one day for the first time since the pandemic began.

11.11 / 00:56

Climate change Court Italy offers boosters to those over 40 amid 4th virus wave

Italy is expanding the number of people eligible for a booster vaccine as the 4th wave in the COVID-19 pandemic grips Europe.