Court Cases | ForkLog

ForkLog 131 13.08.2025

Do Kwon Admits to Fraud Charges

Co-founder of Terraform Labs, Do Kwon, has admitted guilt to criminal charges of fraud and conspiracy, according to Reuters, citing court documents. During the hearing, Kwon apologized for his actions. “I made false and misleading statements. I did not disclose the trading firm’s role in restoring the peg. What I did was wrong,” he said. […]

AI translated

ForkLog 89 07.08.2025

Jury returns partial guilty verdict for Tornado Cash co-founder; crypto industry dismayed

A US jury found Tornado Cash developer Roman Storm guilty of conspiracy to operate an unlicensed money-transmitting business, Inner City Press reports. OK- now in US v. Roman Storm, verdict watch Day 4 — now post-pedicure of juror, Qs of wallet(s) https://t.co/bpkSEywBpg Unsealing bid https://t.co/HpZrt1UroJ Inner City Press 1st book on the case https://t.co/I5v9z8JIhg [2d […]

AI translated

ForkLog 72 06.08.2025

Changpeng Zhao Seeks Dismissal of $1.76 Billion FTX Lawsuit

Binance founder Changpeng Zhao (CZ) has sought the dismissal of a $1.76 billion lawsuit filed by FTX representatives. He cited the lack of jurisdiction of the American court due to his residence in the UAE. CZ’s lawyers noted that the disputed transactions were cross-border, and US bankruptcy laws do not apply outside the country. Representatives […]

AI translated

ForkLog 179 31.07.2025

Hacker of Beeple and Louis Vuitton X-Accounts Sentenced to One Year in Prison

A 22-year-old Canadian, Cameron Redman, has been sentenced to 12 months and one day in prison for hacking X social media accounts and stealing digital assets worth approximately $794,000. According to the materials of the Virginia District Court (USA), the hacker was also given three years of probation. He is required to compensate $248,257 to […]

AI translated

ForkLog 73 30.07.2025

Samourai Wallet Founders Admit to Money Laundering Charges

Co-founders of the cryptocurrency wallet Samourai Wallet, Keonne Rodriguez and William Lonergan Hill, have decided to plead guilty to money laundering charges. Their lawyers submitted the relevant motions to the federal court in New York. Rodriguez and Hill are accused of conspiracy to commit money laundering and operating an unlicensed money transmission business. The maximum […]

AI translated

ForkLog 146 24.07.2025

Pump.fun Faces Legal Challenges and Delays Airdrop; LetsBonk Strengthens Position

Co-founder of the Pump.fun platform, Allon Cohen, announced that the airdrop will not occur in the near future. In response, the price of PUMP fell by 18.7%. Allon talks about potentially acquiring more companies/products like KOLscan, Potentially hinting to acquiring Launch on Pump pic.twitter.com/eLRVxIJ8Sc — ً (@0xsyste) July 23, 2025 At the time of writing, […]

AI translated

ForkLog 137 22.07.2025

FBI Concludes Investigation into Jesse Powell

The United States Federal Bureau of Investigation (FBI) has concluded its inquiry into Jesse Powell, co-founder of Kraken, regarding allegations of hacking a nonprofit organization he established. This was reported by Fortune, citing documents from the Department of Justice. Authorities also returned equipment seized during searches of Powell’s home, including dozens of laptops and phones. […]

AI translated

ForkLog 44 22.07.2025

Tornado Cash Co-Founder’s Defense Seeks Dismissal of Legal Proceedings

Lawyers for Tornado Cash developer Roman Storm plan to file a motion to dismiss the legal proceedings. This was reported by Inner City Press. The defense argues that witness testimonies are not directly related to the charges against their client. Storm’s lawyers challenged the testimony of witness Hanfeng Li, who claimed to have lost about […]

AI translated

ForkLog 178 17.07.2025

Roger Ver Appeals to European Court Against US Extradition

Roger Ver, the founder of Bitcoin.com, has filed a lawsuit against Spain in the European Court of Human Rights. He seeks to challenge the decision to extradite him to the United States, where he faces up to 109 years in prison for tax fraud, reports Bloomberg Law.

AI translated

ForkLog 31 14.07.2025

Tornado Cash Co-Founder Seeks $1.5 Million for Legal Battle

Roman Storm, co-founder of the cryptocurrency mixer Tornado Cash, has expressed an urgent need for funds to support his legal defense. He announced a critical fundraising effort to secure an additional $2 million for future expenses. Dear Crypto Community & Privacy Advocates, This is an urgent call: My trial begins July 14, and we’re facing […]

AI translated

ForkLog 89 28.06.2025

XRP Rises 5% Following Ripple’s Legal Decision with SEC

Ripple will withdraw its cross-appeal in the legal battle with the U.S. Securities and Exchange Commission (SEC). This was announced by the fintech company’s CEO, Brad Garlinghouse. Ripple is dropping our cross appeal, and the SEC is expected to drop their appeal, as they’ve previously said. We’re closing this chapter once and for all, and […]

AI translated

ForkLog 29 26.06.2025

Court Rejects Ripple and SEC Settlement

Judge Analisa Torres has rejected the joint motion by Ripple and the U.S. Securities and Exchange Commission (SEC) to reduce the penalty and lift the injunction. ?JUST IN: Judge Torres has denied @Ripple and the @SECGov joint motion for an indicative ruling. pic.twitter.com/iPzD4aMG1H — Eleanor Terrett (@EleanorTerrett) June 26, 2025 The parties filed the document […]

AI translated

#Court Cases