Hong Kong court orders financial disclosures in Mantra Chain dispute

The court said the DAOs financial details should be known to both sides as they hash out ownership and control issues.

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Multichain Foundation to pay $2.1M to Fantom for losses

The High Court of Singapore ordered Multichain to compensate the Fantom Foundation after a $210 million hack, awarding $2.18 million in damages.

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Binance tax evasion verdict set for October

Binances lawyer urged the judge to dismiss all charges, arguing that the case lacks substance.

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Nigerian High Court dismisses Binance execs suit over detention

Nadeem Anjarwalla escaped prison and traveled to Kenya, and his colleague will press his rights claims in court next month.

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Nigerian High Court Orders Binance to Comply with EFCC Data Request Amidst Money Laundering Concerns

Binance must supply Nigerian user data to the EFCC as the Nigerian High Court cites money laundering risks, highlighting crypto's impact on the naira's stability. (Read More)

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Singapore High Court Rules Crypto Is Property in ByBit Case

The court ruling sets a legal precedent for crypto ownership in the region.

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Terraform Labs CEO Do Kwon Denied Bail by Montenegrin High Court; Extradition Requests Loom

A Montenegrin high court judge has reportedly invalidated the bail application of Do Kwon, the co-founder of Terraform Labs. Kwon was detained for providing false identification while boarding a flight to Dubai alongside a companion on March 23, 2023. Terraform Labs Co-Founder’s Bail Request Invalidated by Montenegrin High Court For the past 62 days, Do [...]

The post Terraform Labs CEO Do Kwon Denied Bail by Montenegrin High Court; Extradition Requests Loom appeared first on Crypto Breaking News.

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Bitcoin Is Now Identified as a Legal Virtual Asset Property by the Shanghai High Court

A recent judgment from China’s Shanghai High People’s Court has given the country’s experiment with cryptocurrency a fresh twist. While China’s expulsion of crypto miners and other judgments had effectively restricted crypto trading and associated operations within its borders, the Shanghai ruling may provide some relief to the community. The judgment in question found Bitcoin […]

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Over $7 Million in Stolen Crypto Frozen by Singapore High Court

The Singapore High Court has found favor of the crypto victim whose digital assets were taken by unknown individuals. People are more confident in recovering stolen digital assets from fraudulent parties now that cryptocurrencies are being recognized by the government and law enforcement. According to a local news station, an overheard exchange resulted in the […]

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Tether Asks Court to Protect Private Companies’ Confidential Information

Crypto industry media company, CoinDesk, has formally joined a legal case involving stablecoin operator Tether and the New York Attorney General’s office.

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Singapore High Court Upholds DeFiance Capital's Claim Against Three Arrows Capital

Singapore's High Court upheld DeFiance Capital founder Arthur Cheong's trust relationship over assets disputed in bankruptcy proceedings, establishing investors' rights in cryptocurrency assets and trust law. (Read More)

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Bitcoin Profits Deemed Taxable by Denmark’s Supreme Court

Profits from the sale of cryptocurrencies like bitcoin are taxable, according to two rulings by the Supreme Court of Denmark. The verdicts in the cases, which involve crypto purchases and payments as well as income received from bitcoin mining, uphold decisions of lower courts. Denmark’s High Court Considers Crypto Gains Taxable Under Current Law Profits [...]

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