Court Cases | ForkLog

ForkLog 9 27.01.2021

Bitonic Sues the Dutch Central Bank

The Netherlands-based bitcoin exchange Bitonic filed a suit in the Rotterdam court against the local central bank. It seeks to suspend the requirement for KYC verification on withdrawals.

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ForkLog 11 27.01.2021

Florida class-action filed against Ripple Labs

A Florida resident filed a class-action lawsuit against Ripple Labs and the company's CEO Brad Garlinghouse, alleging violations of Florida securities laws and unlawful enrichment.

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ForkLog 8 25.01.2021

Russia forms an organisation to defend cryptocurrency traders

The Russian Ministry of Justice registered the National Union of Private Traders and Investors on the Financial Markets. One of the union's activities will be to improve the legal regulation of the cryptocurrency market.

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ForkLog 6 22.01.2021

Investor files class-action suit against Bit Digital

A class-action lawsuit has been filed in the Southern District of New York against the Nasdaq-listed mining company Bit Digital. Investor Anthony Powell accused the defendant of making misleading statements and causing substantial financial damage.

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ForkLog 10 21.01.2021

Russian court overturns Binance’s inclusion in the register of banned websites

On 20 January, the Arkhangelsk Regional Court overturned the ruling to block the Binance cryptocurrency exchange's website in Russia.

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ForkLog 16 20.01.2021

Bitfinex and Tether seek one-month extension to hand over documents to the New York Attorney General

The cryptocurrency exchange Bitfinex needs additional time to hand over documents regarding mutual transactions with Tether to the New York State Attorney General (NYAG). This was stated by Stuart Hoegner, the attorney representing the companies.

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ForkLog 10 19.01.2021

Former CEO of South Korean exchange jailed for 18 months over 110 BTC bribe

Former CEO of the now-defunct South Korean cryptocurrency exchange Coinnest was sentenced to 18 months in prison by the Supreme Court. He was found guilty of accepting 110 BTC as a bribe, according to Bitcoin.com citing local media.

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ForkLog 6 19.01.2021

Crypto-exchange owner seeks $290,000 from banks over account freezes

Allan Flynn is seeking $290,000 in damages from Westpac and ANZ in court. Banks' reluctance to work with cryptocurrency crippled the Australian's exchange business, according to the Financial Review.

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ForkLog 18 12.01.2021

Gemcoin founder sentenced to prison for $147 million fraud

U.S. District Judge John F. Walter found Gemcoin founder Steve Chen guilty of orchestrating a fraudulent scheme. This is according to a Justice Department statement.

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ForkLog 10 11.01.2021

Former top executives of Kalmykia enterprises charged with illegal cryptocurrency mining

The Kalmykia Prosecutor's Office has approved charges against the former CEO of 'Zavod ZhBI — Konstruktsii' and the former director of the company 'DSK' for illegal cryptocurrency mining in production facilities. According to the agency's press service.

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ForkLog 7 11.01.2021

Court remands Bitsonar pyramid founder in pre-trial detention on murder charges

On 24 December 2020, the Kyiv District Court of Odessa changed the preventive measure to detention without the possibility of posting bail for the creator of the Bitsonar pyramid, Alexander Tovstenko, suspected of organizing the ordered murder of a former colleague.

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ForkLog 13 05.01.2021

Another lawsuit filed against Ripple.

Tetragon Financial Group filed a lawsuit against Ripple. In 2019 it led a $200 million Series C funding round when the XRP issuer was valued at $10 billion.

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