Court Cases | ForkLog

ForkLog 23 10.05.2025

Prosecutors Refuse to Drop Case Against Samourai Wallet Developers

Prosecutors in the case against the anonymous cryptocurrency wallet Samourai Wallet have dismissed the defense’s accusations of concealing crucial information and have refused to withdraw the lawsuit, prolonging the ongoing legal battle. This was reported by Zack Shapiro, Head of Policy at the Bitcoin Policy Institute. Further Update: @SDNYnews declines to drop charges against Samourai […]

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ForkLog 13 09.05.2025

Celsius Founder Sentenced to 12 Years in Prison

On May 8, a New York court sentenced Celsius founder Alex Mashinsky to 12 years in prison. The former CEO will also forfeit $48 million and real estate, according to Reuters. In December 2024, Mashinsky pleaded guilty to commodities fraud and manipulating the price of the CEL token. Judge John Keltl described the crimes as […]

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ForkLog 168 07.05.2025

CFTC Withdraws Claims Against Kalshi

The U.S. Commodity Futures Trading Commission (CFTC) has withdrawn its appeal in the dispute with the prediction platform Kalshi. The CFTC has moved to dismiss its appeal against us. Election markets are here to stay. pic.twitter.com/me4pS8uFOj — Kalshi (@Kalshi) May 6, 2025 “Election prediction markets are here to stay,” the company stated. The agreement stipulates […]

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ForkLog 19 06.05.2025

Alex Mashinsky’s Lawyers Seek to Reduce Prison Sentence to One Year

The defense team for Celsius founder Alex Mashinsky has requested the court to limit his prison sentence to one year, rejecting the U.S. Department of Justice’s recommendation of a 20-year term. The lawyers described the prosecution’s demands as a “death sentence” for the 59-year-old entrepreneur. In December 2024, Mashinsky pleaded guilty to commodities fraud and […]

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ForkLog 22 06.05.2025

Kenyan Court Orders Deletion of User Data by World Project

The High Court of Kenya has ordered the deletion of biometric data collected by Sam Altman’s blockchain project, World. JUDGMENT: High Court safeguards the right to privacy Today, Lady Justice Aburili Roselyne has allowed our Judicial Review Application, where we challenged the collection, processing, and transfer of iris and facial images (biometric data) using the […]

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ForkLog 20 30.04.2025

FTX Sues Gaming Platform Delysium Over Unpaid Tokens

The bankrupt exchange FTX has filed lawsuits against the NFT marketplace Stars and the blockchain gaming company Kurosemi, operating under the Delysium brand. The accusation states that both companies failed to deliver tokens owed to the trading platform. (1/3) FTX today announced that to recover estate assets, FTX has commenced legal action against certain token […]

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ForkLog 28 30.04.2025

US Court Blocks OFAC from Reinstating Sanctions on Tornado Cash

A US federal court has prohibited the Office of Foreign Assets Control (OFAC) of the US Treasury from reinstating or imposing renewed sanctions against the Tornado Cash service. The decision by federal judge Robert Pitman responds to a lawsuit by users of the mixer, led by Joseph Van Loon, who called the restrictions “illegal.” Tornado […]

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ForkLog 20 28.04.2025

Russian Court Denies Protection Due to Lack of Cryptocurrency Notification

Russian courts are rejecting cases related to cryptocurrencies if the plaintiff has not informed the Federal Tax Service about owning these assets. This was reported by RBC, citing lawyer Marat Amanliev. His client encountered this issue while attempting to reclaim digital currency from an acquaintance. All judicial instances dismissed the lawsuit, citing the provisions of […]

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ForkLog 21 28.04.2025

Celsius Creditors Demand Life Sentence for Alex Mashinsky

Among the more than 200 victims of the Celsius collapse, many have called for a life sentence for the company’s founder, Alex Mashinsky, according to Bloomberg. “[Mashinsky] was aware of his actions and destroyed many lives. […] He should face punishment similar to Bernie Madoff and be sentenced to life imprisonment,” emphasized an investor who […]

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ForkLog 14 27.04.2025

Nike Faces Lawsuit Over NFT Project Closure

Buyers of NFTs from Nike-affiliated studio RTFKT have filed a class action lawsuit against the company, seeking compensation for losses due to the project’s termination, as reported by Reuters. Nike acquired RTFKT in 2021 to “expand its digital presence.” As a division of the corporation, the studio released several NFT collections and “digital sneakers” under […]

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ForkLog 17 24.04.2025

US Prosecutors Seek Eight-Year Sentence for Mango Markets Attacker

Prosecutors from the Southern District of New York have requested a prison sentence of 78 to 97 months for Avraham Eisenberg, found guilty in the attack on the DeFi project Mango Markets in 2022. The hearing is scheduled for May 1. “This sentence is necessary, among other things, to properly reflect the seriousness of the […]

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ForkLog 35 24.04.2025

Sentencing for Former Celsius CEO Scheduled for May 8

The sentencing of Alex Mashinsky, co-founder and former CEO of the bankrupt crypto firm Celsius, is set for May 8, according to a motion filed by the prosecution. Prosecutors have requested the inclusion of over 200 victim statements related to the project’s collapse. In December 2024, Mashinsky pleaded guilty to two of the seven charges—commodities […]

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