News about LEGAL

News about Legal

Turkey busts an illegal betting organization and seizes $40 million in cryptocurrency (Report)

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Hong Kong Wants to Legalize Cryptocurrency Trading

Hong Kong wants to take action to become an international virtual assets center by launching several legal initiatives related to emerging technologies in the crypto industry. (Read More)

Not like China: Hong Kong reportedly wants to legalize crypto trading

Hong Kong’s securities regulator wants to allow retail investors to invest directly in virtual assets and to reconsider current crypto trading requirements. Hong Kong...

I’ve Always Felt Good About Our Legal Arguments, And I Even Feel Better Now: Stuart Alderoty On Securing Hinman Docs in Ripple Vs SEC Case

Ripple’s Stuart Alderoty has finally secured the much-awaited Hinman Documents.The Hinman documents can play a crucial role in changing the course of the Ripple vs. SEC case. The Ripple vs SEC saga seems to be gaining momentum again, as Rip...

Was El Salvador's decision to make Bitcoin legal tender a failure? Most citizens think so - poll - Kitco NEWS

Was El Salvador's decision to make Bitcoin legal tender a failure? Most citizens think so - poll& & Kitco NEWS

FTX and its founder SBF actively push for law that could make DeFi and P2P transactions in the Us illegal ❌❌

The self proclaimed savior of DeFi and the crypto industry Sam Bankman Fried (SBF) (https://bitcoinmagazine.com/business/ftx-buys-blockfi-but-passes-on-acquiring-celsius) and his exchange FTX are actively lobbying and spending money to push a proposa...

Most Salvadorans Think Making Bitcoin Legal Tender Was 'Failure' - Barron's

Most Salvadorans Think Making Bitcoin Legal Tender Was 'Failure'& & Barron's

UK Launches Global Crypto Law Review as it Considers Legal Reforms

The Law Commission of England and Wales will explore legal proceedings from other countries to create its own crypto-based legal reforms (Read More)

Report: Bankrupt Crypto Hedge Fund Three Arrows Capital Probed by SEC, CFTC for Possible Legal Violations

Reports indicate that the bankrupt crypto hedge fund Three Arrows Capital (3AC) is facing more trouble from liquidators and financial authorities from the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC)....

UK Law Commission to review international laws on crypto to consider legal reforms

The legal review authority will work to compile law reform proposals for public consultation in the second half of 2023. The Law Commission of England and Wales will...

Mango Markets exploiter said actions were ‘legal,’ but were they?

A crypto lawyer believes the Mango Markets exploiter Avraham Eisenberg could still face consequences despite users supposedly agreeing not to pursue legal action. The...

Mango Markets exploiter said actions were ‘legal,’ but was it?

A crypto lawyer believes the Mango Markets exploiter Avraham Eisenberg could still face consequences despite users supposedly agreeing not to pursue legal action. The...

Digital Currency Could Soon Become Legal Tender In Macau – Here’s How

Macau is inching closer to the eventual adoption of a digital currency as it strives to develop a more comprehensive set of measures to prevent the flow of dirty money and tax evasion in the largest gambling hotspot in the planet. Macau’s execu...

Report: Macau Discusses Bill That Proposes to Make Digital Currencies Legal Tender

Macau, one of China’s special administrative regions, recently concluded discussing a bill that seeks to make digital currencies legal tender, a report has said. The report also suggested that individuals who reject or refuse to accept legal t...

Celsius Network Charged Over $3M in Legal Fees

Beleaguered crypto lending platform Celsius Network has incurred more than $3 million in legal fees, according to a filing. (Read More)

Man Faces 25 Years Behind Bars for Illegally Converting Bitcoin (BTC) to US Dollars in Money Laundering Scheme - The Daily Hodl

Man Faces 25 Years Behind Bars for Illegally Converting Bitcoin (BTC) to US Dollars in Money Laundering Scheme& & The Daily Hodl

Celsius is currently burning through a deficit of $1.5m a day. Bankruptcy legal counsel charged them $2.5m for 18 days of work (i.e $5800 per hour). All of this comes from user's funds remaining in the bankruptcy estate

With Celsius now firmly embattled in Chapter 11 proceedings, they are burning a huge amount of cash on the legal proceedings. Their legal counsel Kirkland & Ellis just presented a bill for $2.5 Million, for just 18 days work. This...

Voyager Creditors Oppose Plans to Grant Executives Legal Immunity

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Kazakhstan To Establish Legal Framework For Bitcoin, Crypto: Report - Bitcoin Magazine

Kazakhstan To Establish Legal Framework For Bitcoin, Crypto: Report& & Bitcoin Magazine

Kazakhstan To Establish Legal Framework For Bitcoin, Crypto: Report

The legislation seeks to establish clearer guidelines for mining, taxes and licensing for service providers such as exchanges in the region.Kazakhstan plans to release a legal framework for the regulation of bitcoin and cryptocurrencies, per a report...

Celsius Mining Owes $5.4 Million In Hosting Fees Says Core Scientific, Crypto Miner After Legal Recovery

Summary: Core scientific intends to pursue a claim against bankrupt crypto lender Celsius and the company’s mining business.A filing with the U.S. Securities and Exchange Commission on Wednesday said Core Scientific plans to “vigorou...

The saga continues: The validity of Terraform Labs CEO Do Kwon’s passport is expected to expire on Oct. 19., this would make him an illegal resident and could result in his expulsion from Singapore, his last known location.

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