Browsing the "Court Cases" Tag

Bitcoin Trader Pleads Guilty Over Unlicensed Exchange Business

| Yogita Khatri

A bitcoin trader from California has pleaded guilty to operating an unlicensed money transmission business and now faces up to five years in prison.

justice, law, crime

SEC Seeks Court Sanction Against PlexCoin ICO Founders

| Daniel Palmer

The SEC is taking seeking further action against the founders of the Plexcoin crypto scheme, alleging they are not complying with court orders.

California Judge Orders Accused Hacker to Pay Bail in Crypto

| Daniel Palmer

A man has been ordered to pay bail in cryptocurrency while he faces charges of hacking the computer network of a San Francisco game company.

Court Sides With Crypto Exchange Despite Allegation It Violated China Ban

| Wolfie Zhao

A Chinese cryptocurrency trader who was sent bitcoin in error must repay an exchange even if it broke domestic rules, a Beijing court has ruled.

Court Sentences Bitcoin Ransomware Creators to Community Service

| Anna Baydakova

The developers behind the CoinVault and BitCryptor ransomware were sentenced to 240 hours of community service in a Dutch court on Thursday.

Former Indian Lawmaker Declared ‘Offender’ in Bitcoin Extortion Case

| Wolfie Zhao

A former Indian politician allegedly involved in a $1.3 million bitcoin extortion case has been declared a "proclaimed offender" by a local court.

LA Bitcoin Trader Faces 30 Months in Jail for Illegal Money Business

| Daniel Palmer

A 50-year-old woman, who traded bitcoin as "Bitcoin Maven," faces 2.5 years in jail for having run an illegal money transmitting business.

Coinbase-Cryptsy Lawsuit Will Head to Jury Trial

| Nikhilesh De

Coinbase has lost another appeal in a case brought by former customers of the defunct exchange Cryptsy, and the case will now proceed to a jury trial.

Most Cryptos Aren’t Commodities, Defendants Claim in CFTC Case

| Annaliese Milano

Defendants from My Big Coin Pay, which is being sued by the CFTC for fraud, argue that the agency lacks jurisdiction over the case.

Israeli Supreme Court Rules for Bitcoin Broker in Bank Dispute

| Stan Higgins

A cryptocurrency brokerage based in Israel won't have its bank account closed – for now – thanks to an intervention by the Supreme Court.