'We're preparing' an antitrust case against Google similar to Microsoft, Mississippi AG says

“It’ll be a multifaceted suit or, hopefully, we can get a settlement if we can get some agreement with” Google in regards to data collection, Mississippi Attorney General Jim Hood says. “At some point some court is going to rule to the effect that a person’s private information is the equivalent of their intellectual property…

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French court clerks to use blockchain based platform for operations

Commercial court clerks in France will soon start recording changes relating to companies’ legal status using a blockchain based platform. According to the official announcement made on March 14, court clerks will start using a blockchain-based platform aimed to increase transparency and efficiency in legal transactions that are related to the lifecycle of companies in…

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Tokyo court hands down surprise ruling against Mt. Gox CEO Mark Karpeles

After years of waiting, the next chapter in the Mt. Gox cryptocurrency exchange saga has finally drawn to a close. The exchange’s founder and former CEO, Mark Karpeles, stood trial in Tokyo for his role in the demise of the exchange, ultimately being charged with embezzlement, price manipulation and other charges. The Japanese court has…

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QuadrigaCX Founder’s Widow Seeks Court Costs Compensation – BTCMANAGER

Jennifer Robertson, the widow of Gerry Cotten, the late founder of the now-defunct QuadrigaCX cryptocurrency exchange has asked the court to repay her legal costs to the tune of C$300,000 ($225,000), reports Bloomberg on March 5, 2019. Repayment Request The QuadrigaCX saga resumes; as per sources close to the matter, Jennifer Robertson, the widow of…

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Court Grants Quadriga Deadline Extension, $145M in Crypto Still in Limbo

A Halifax court has granted an extension to QuadrigaCX’s creditor protection deadline. The story of the now-defunct crypto exchange that has most gripped the space so far in 2019 is therefore set to continue. According to court documents, QuadrigaCX’s CEO, Gerard Cotten, died with the only knowledge of how to access the firm’s crypto cold…

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US appeals court approves injunction against Blockvest

Last November, the U.S. Securities and Exchange Commission (SEC) requested an injunction against Blockvest, a blockchain assets group, after determining that it was violating securities law. The courts decided that the SEC didn’t have a case and dismissed the charges. While it was seen as a small victory for cryptocurrency securities exchanges at the time,…

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Trader Takes $188 Million Case Against BNP Paribas to Paris Court

A German trader who wants BNP Paribas to pay him €163 million ($188 million) over a derivatives transaction has taken his case to a French court. The trader, who is known only as Armin S, originally sued the French bank in a German court. Discover iFX EXPO, Your Gateway to Asian Markets! But, back in…

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Court Drops Charges Against Alleged Btc-e Operator Alexander Vinnik

The lawsuit against alleged Btc-e operator Alexander Vinnik for “fraud, money laundering, and other grave crimes” filed in Cyprus has reportedly been dropped. His lawyer says the case “fell apart at the very early stage” at the initiative of the plaintiffs themselves. Lawsuit Dropped The lawsuit filed in Cyprus against Alexander Vinnik has reportedly been…

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India’s Supreme Court Adjourns the Crypto Hearing

Indian cryptonians were on edge today as the Supreme Court was to decide on whether a crypto banking ban by the Indian Central Bank has legal standing. It appears, however, the Supreme Court was far too busy with another case which went considerably over the estimated time. The crypto case was thus first adjourned to…

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Chinese Government Accepts Blockchain Records as Evidence in Court

A new ruling from China’s Supreme People’s Court clarified how blockchain records pertain to court processes, ruling that blockchain records are considered as admissible evidence in court. The new ruling regarding blockchain technology is particularly relevant for internet-based legal cases that can present difficulties regarding the accuracy of evidence and information presented to the court….

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Exchanges Round-Up: Chinese Court Backs Coinnice Repatriation, CZ Demos Binance DEX

In recent news pertaining to cryptocurrencies, a Chinese court has rejected an appeal from a trader disputing a previous decision that mandated he repay the value of 5 BTC accidentally credited to his Coinnice account, the CEO of Binance has demonstrated the company’s upcoming decentralized exchange (DEX), and Okex’s head of operations has discussed the…

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Dubai Shake Up Legal System With New Blockchain Court Design

In line with a vision for a blockchain future, legal authorities within Dubai are now looking into the development of a new blockchain system designed to streamline legal proceedings that reach domestic court level. At present, a court system in Dubai is implemented to facilitate a range of disputes, some of which are of a…

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Indian Supreme Court Heard Crypto Petitions Today but RBI Ban Stays

India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions. Supreme Court Hearing on July 20 The long-awaited hearing at…

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Chile Appeals Court Rules in Favor of Crypto Exchange Against Bank

In an ongoing dispute between banks and cryptocurrency exchanges in Chile, an appeals court has finally ruled in favor of one crypto exchange against one of the largest banks in the country. Five major banks have also separately responded to lawsuits against them in court. Court of Appeals Ruling The Fourth Chamber of the Court…

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Credit Suisse to Receive $385 Million in Lehman Brothers Agreement

A case with its roots in the 2008 financial crisis came to a close on Wednesday as Credit Suisse confirmed it will receive $385 million from Lehman Brothers Holdings. The Swiss bank had initially sought over a billion dollars in compensation for terminated derivatives transactions. Lehman Brothers became one of the faces of the financial…

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Six Major Banks in Chile Sued by Another Cryptocurrency Exchange

A local cryptocurrency exchange in Chile has reportedly filed a lawsuit against six major banks in the country for abusing their power and quashing its crypto payment business. This lawsuit follows another one filed in Chile against ten banks by a different crypto exchange. Six Banks Sued Chilean cryptocurrency exchange Orionx filed a lawsuit with…

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Computer Experts… Mining for Coin | Judge Rinder

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More Communities Join the Legal Action against Crypto Ads Ban

Cryptocurrency associations and businesses from Switzerland, Kazakhstan and Armenia have joined the initiative to sue Internet corporations over restrictions on crypto-related advertisements. The class action lawsuit will be filed in New York. Legal costs will be covered with funds raised through donations to a wallet registered in Estonia.   Also read: Twitter Confirms Restrictions on ICOs…

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Court to Decide Whether Tokens Are Securities

The United States Eastern District Court of New York is to become the first court in the world to rule on whether tokens are securities. The matter concerns an ICO for a real estate backed token, REcoin, which aimed to create a platform through ethereum based smart contracts to create a token economy of sorts…

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