Tag: Court

Court Reconsiders Ruling After SEC Proves Blockvest Tokens Are Securities

Court Reconsiders Ruling After SEC Proves Blockvest Tokens Are Securities After failing to convince a federal court regarding the nature of Blockvest tokens in the previous hearing, the U.S. Securities and Exchange Commission (SEC) has finally convinced the same judge that these tokens are securities. The agency alleges that the […]

Florida Appeals Court Defines Bitcoin as Money as Espinoza Ruling Reversed

Florida Appeals Court Defines Bitcoin as Money as Espinoza Ruling Reversed In 2016, Judge Teresa Mary Pooler of the Eleventh Judicial Circuit of Florida made headlines for a ruling she made during the Michell Espinoza trial. Judge Pooler ruled Espinoza could not be charged with illegal money transmission offenses because […]

Italian Court Orders Bitgrail Founder to Refund $170M of ‘Missing’ Cryptocurrency

Italian Court Orders Bitgrail Founder to Refund 0M of ‘Missing’ Cryptocurrency An Italian court has ruled that Francesco Firano, founder of defunct cryptocurrency exchange Bitgrail, was at fault for the disappearance of $ 170 million worth of the nano digital currency on his exchange last year. Firano, who called himself “The […]

Indian Supreme Court Pushes Crypto Case Against RBI to End of February

Indian Supreme Court Pushes Crypto Case Against RBI to End of February The case against the crypto banking ban by the Reserve Bank of India (RBI) was unexpectedly heard at the country’s supreme court on Thursday. However, senior advocates for the parties were reportedly absent, so a new date has […]

Despite Supreme Court, Chile’s Antitrust Orders Banks to Keep Crypto Accounts

Despite Supreme Court, Chile’s Antitrust Orders Banks to Keep Crypto Accounts Following the ruling by Chile’s supreme court that a bank can legally close accounts of a crypto exchange, the country’s Court of Defense of Free Competition reaffirmed that banks must reopen crypto exchanges’ accounts. The Chilean antitrust court continues to […]