Court Cases | ForkLog

ForkLog 12 16.12.2024

Owner of Peanut the Squirrel Threatens Binance with Legal Action

Mark Longo, the owner of Peanut the Squirrel, along with his legal team, has issued a formal demand to Binance to cease using the image and name of his pet, which are registered trademarks. Mark Longo’s tweet announcing demands to Binance. Source: X. “This is the first of many such demands. I will defend my […]

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ForkLog 16 13.12.2024

US Crypto Trader Sentenced to Prison for Tax Evasion

On December 12, a court in the Western District of Texas sentenced local resident Frank Algren III to two years in prison for submitting false income data from bitcoin sales. “Frank Algren III made millions buying and selling bitcoins. But instead of paying the taxes he knew were due, he lied to his accountant about […]

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ForkLog 17 11.12.2024

Roger Ver Accuses US Authorities of Political Persecution

Roger Ver, the founder of Bitcoin.com, has accused the US government of politically motivated persecution due to his statements and role in promoting Bitcoin. Roger Ver is facing life in prison for revealing how the US government worked secretly to subvert cryptocurrency and prevent economic freedom. More people should hear this story. (0:00) Roger Ver […]

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ForkLog 13 05.12.2024

CFTC Secures Record $17.1 Billion in 2024

In 2024, the U.S. Commodity Futures Trading Commission (CFTC) secured and returned a record $17.1 billion, according to the agency’s report for the fiscal period. .@CFTC brought 58 new actions in fiscal year 2024 and had record monetary relief of over $17.1 billion, which included $2.6 billion in civil monetary penalties and $14.5 billion in […]

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ForkLog 21 04.12.2024

Roger Ver Challenges Tax Evasion Allegations Over Bitcoin Transactions

On December 3, Bitcoin.com founder Roger Ver filed a motion in a California federal court to dismiss a tax evasion case related to bitcoin transactions, initiated by the U.S. Attorney’s Office. He argues that the IRS-imposed exit tax for individuals renouncing U.S. citizenship with assets exceeding $2 million is unconstitutional and “incomprehensibly vague.” Ver renounced […]

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ForkLog 14 04.12.2024

Former Celsius CEO Admits Guilt on Two Charges

Former Celsius CEO Alex Mashinsky admitted guilt on two of seven charges—commodity fraud and manipulation of the CEL token price. “I said that Celsius had received approval from regulators. That was a lie. I lied about not selling my CEL tokens. I take full responsibility for my actions,” Mashinsky stated on December 3 at a […]

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ForkLog 21 02.12.2024

Founder of Hydra Store Sentenced to Life Imprisonment in Russia

The Moscow Regional Court has sentenced Stanislav Moiseev, the founder of a store on the darknet marketplace Hydra, to life imprisonment and a fine of 4 million rubles, as reported by Interfax. Fifteen of Moiseev’s accomplices received sentences ranging from eight to 23 years, with fines totaling 16 million rubles. All individuals involved in the […]

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ForkLog 35 29.11.2024

Former Binance Employee Accuses Management of Bribery

Amrita Shrivastava, who worked at Binance Holdings from 2022 to 2023, has filed a lawsuit against the company’s UK division, alleging bribery and unfair dismissal. This was reported by Bloomberg. The document states that she became aware of a colleague receiving bribes from a client under the guise of providing consulting services. Since then, the […]

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ForkLog 8 28.11.2024

Anonymity is not a crime: a legal analysis of the new Tornado Cash ruling

On November 26, the U.S. Court of Appeals for the Fifth Circuit vacated the sanctions imposed by OFAC on the Tornado Cash cryptocurrency mixer. The opinion is well reasoned—compared with the district court, it shows a deeper and clearer understanding of the project’s structure and how the protocol operates. Moreover, the court addressed a number […]

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ForkLog 20 27.11.2024

Ukrainian Security Service Colonel Sentenced to 10 Years for Extorting Illegal Miners

On November 27, Ukraine’s High Anti-Corruption Court found an operative of the DCIB SBU guilty of extortion and receiving $60,000 in cryptocurrency for the return of equipment to illegal miners. According to case materials, in July 2022, the SBU officer demanded a bribe of $60,000 from an entrepreneur in exchange for assistance in returning ASIC […]

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ForkLog 11 27.11.2024

US Court Deems Sanctions Against Tornado Cash Unlawful

The US Fifth Circuit Court of Appeals has ruled that the OFAC overstepped its authority in imposing sanctions on the cryptocurrency mixer Tornado Cash, as reported by The Block. The previous district court decision has been overturned. “Immutable smart contracts of Tornado Cash (lines of code ensuring privacy) do not constitute ‘property’ of a foreign […]

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ForkLog 19 23.11.2024

Tornado Cash Developer’s Detention Extended

A court has extended the pre-trial detention of Alexey Pertsev, the developer of the cryptocurrency mixer Tornado Cash. I am sad to announce that, despite our best efforts, the court decided to prolong my pre-trial detention. This decision significantly complicates my ability to prepare for the appeal, but I remain determined to continue fighting for […]

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