Court Cases | ForkLog

ForkLog 14 04.04.2025

Court Prohibits Genius Group from Acquiring Bitcoin

The New York District Court has temporarily barred the Singaporean AI firm Genius Group from expanding its Bitcoin holdings, according to a press release. The ruling is linked to a dispute over the unsuccessful merger between Genius Group and Fatbrain AI, which concluded in March 2024. The legal proceedings began in October 2024 when Genius […]

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ForkLog 81 02.04.2025

SEC and Gemini Request Court Extension for Dispute Resolution

The U.S. Securities and Exchange Commission (SEC) and cryptocurrency exchange Gemini have submitted a joint letter requesting a 60-day extension to explore a potential settlement of their legal dispute. In their motion, the parties asked the U.S. District Court for the Southern District of New York to “postpone all deadlines” related to the lawsuit filed […]

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ForkLog 19 26.03.2025

YouTube Blogger BitBoy Arrested in the US

Cryptocurrency blogger Ben Armstrong, known as BitBoy, has been taken into custody in Florida without the possibility of bail. This is according to records from the Volusia County Division of Corrections. Source: Volusia County Division of Corrections. On March 21, Armstrong announced that a warrant had been issued for his arrest for harassing Judge Kimberly […]

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ForkLog 31 26.03.2025

Ripple Withdraws Appeal Against SEC

Ripple has agreed to withdraw its counter-appeal against the U.S. Securities and Exchange Commission (SEC) as the legal battle with the regulator concludes. The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever… Last week, the SEC agreed to drop its appeal without […]

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ForkLog 16 19.03.2025

US Director Arrested for Alleged Fraud Involving Cryptocurrency

Federal authorities in the United States have arrested 47-year-old Los Angeles filmmaker Carl Erik Rinsch, accused of misappropriating funds allocated for filming and using them to purchase cryptocurrency. According to case documents, in March 2020, Rinsch received $11 million from an unnamed streaming service to create the science fiction series “Conquest,” yet failed to complete […]

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ForkLog 17 19.03.2025

South Korean Prosecutors Seek 10-Year Sentence for Attacker of Haru Invest CEO

Prosecutors in South Korea have requested a 10-year prison sentence for the man who stabbed Haru Invest CEO Lee Hyun Soo, charging him with attempted murder. This was reported by local media. The attack on the head of the crypto company, accused of embezzling approximately $826 million from clients, occurred in August 2024 in a […]

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ForkLog 42 19.03.2025

SEC Withdraws Claims Against Ripple

The U.S. Securities and Exchange Commission (SEC) is withdrawing its appeal in the case against Ripple, as announced by the fintech company’s CEO, Brad Garlinghouse. This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. […]

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ForkLog 52 19.03.2025

US Withdraws Claims Against BitClout Founder

A US magistrate judge has approved a request by federal prosecutors in New York to withdraw a complaint against the founder of the DeSoc project BitClout, Nader Al-Naji, without prejudice. This was reported by Law360, citing court documents. The SEC also filed a motion to dismiss civil charges against the entrepreneur in late February. In […]

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ForkLog 15 17.03.2025

British Man to Appeal to ECHR Over Lost Hard Drive Containing 7500 BTC

The Royal Court of Appeal in the United Kingdom has rejected James Howells’ request for permission to search a landfill for his hard drive containing 7500 BTC (approximately $621.9 million). The plaintiff announced this on X. Appeal request to the Royal Court of Appeal: refused The Great British Injustice System strikes again… The state always […]

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ForkLog 36 17.03.2025

Marla Maples Defends ‘Bitcoin Jesus’ Roger Ver

Marla Maples, the former wife of U.S. President Donald Trump, has called for the cessation of criminal proceedings against Bitcoin.com founder Roger Ver. Sharing more re the call to dismiss the prosecution against Roger Ver @PamBondi @elonmusk @realDonaldTrump @Davewarrington https://t.co/BckQwEXBW6 — marla maples (@itsmarlamaples) March 16, 2025 She retweeted a video titled “Who is Roger […]

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ForkLog 11 14.03.2025

US Mining Firm Accuses Hosting Provider of Hashrate Theft

The cryptocurrency mining company Consensus Colocation secured a temporary court injunction in Delaware (USA) against its hosting provider, Mawson. The latter blocked access to equipment due to disagreements over payments. The document mentions 21,000 mining installations valued at $30 million, which Consensus rents from Stone Ridge Ventures, operating at a facility in Midland, Pennsylvania. Disputes […]

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ForkLog 25 14.03.2025

3AC Liquidators Raise Claims Against FTX to $1.53 Billion

The liquidators of the bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) have been permitted to increase their claim against the bankrupt crypto exchange FTX from $120 million to $1.53 billion, according to court documents. Chief Judge John Dorsey dismissed objections from the trading platform’s debtors, who argued that the amendment to 3AC’s Proof of […]

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