Court Cases

(Nikhilesh De/CoinDesk)
U.S. Judge Enters Default Ruling Against Ex-Coinbase Insider, Says Secondary Market Sales Are Securities Transactions
In May 2023, the SEC settled charges with Ishan Wahi and Nikhil Wahi in what it has called the "first-ever insider trading case involving cryptocurrency markets."
(Nikhilesh De/CoinDesk)

Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)
Sam Bankman-Fried Asks for 6.5 Year Prison Term After Conviction in FTX Collapse
Bankman-Fried's lawyers objected to the Presentence Investigation Report (PSR) which recommends a sentence of 100 years in prison calling it "grotesque."
Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)

(Enrique Macias/Unsplash)
Texas Blockchain Council, Riot Platforms Sue Dept. of Energy, OMB Over 'Emergency' Survey
If the court does not intervene, the companies will be "immediately and irreparably harmed," the filing said.
(Enrique Macias/Unsplash)

Craig Wright (Bitcoin Magazine)
Craig Wright Witness Defends Saying Headed for ‘Train Wreck’ With COPA Trial
Stefan Matthews said the damning message referred to poor trial prep and not Wright’s claims to being Bitcoin inventor Satoshi Nakamoto.
Craig Wright (Bitcoin Magazine)

Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)
Sam Bankman-Fried's Sentence Might Be Lighter Than You'd Expect
Restitution paid to victims can be considered when sentencing, and judges in the Southern District of New York routinely impose shorter terms than guidelines suggest for white...
Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)

Sydney Opera House in Australia (Stanbalik/Pixabay)
Australian Judge Hands Split Decision in Market’s Regulator vs Block Earner
The court will determine the fine Block Earner will have to pay during a scheduled hearing on March 1, 2024.
Sydney Opera House in Australia (Stanbalik/Pixabay)

CEO Barry Silbert's Digital Currency Group is now accused by the New York Attorney General of a much heftier $3 billion in investor losses in a lawsuit amended Friday. (CoinDesk)
New York Expands Fraud Case Against Digital Currency Group to $3 Billion
An initial lawsuit accusing crypto firm DCG of cheating people out of $1 billion has been amplified by investors coming forward with losses tripling that, the NY attorney gene...
CEO Barry Silbert's Digital Currency Group is now accused by the New York Attorney General of a much heftier $3 billion in investor losses in a lawsuit amended Friday. (CoinDesk)

Two large stacked blocks displaying Binance's logo at a trade show.
Binance Sued by Families of Hamas Victims, Hostages
The plaintiffs, who are also suing Iran and Syria, say the crypto exchange facilitated the financing of Hamas and other terrorist groups between 2017 and 2023.
Two large stacked blocks displaying Binance's logo at a trade show.

Bitcoin Rodney is being transferred to Maryland. (Shutterstock)
U.S. Arrests 'Bitcoin Rodney,' Alleged HyperVerse Crypto Scheme Promoter, on IRS Charges of Fraud
Rodney Burton was arrested on Friday in Florida and will be transferred to Maryland.
Bitcoin Rodney is being transferred to Maryland. (Shutterstock)

Three arrows hit bullseye of a target (QuinceCreative/Pixabay)
Court Freezes $1 Billion of Assets of Three Arrows Capital Founders
The worldwide order by a British Virgin Islands court applies to Su Zhu, Kyle Davies and Davies' wife, Kelly Chen.
Three arrows hit bullseye of a target (QuinceCreative/Pixabay)