Michael Schumacher’s family to pursue legal action over AI interview

The rapid development of AI is undoubtedly causing headaches for legislators and court systems globally as they struggle to deal with the technology. A German magazine has used artificial intelligence to simulate an interview with former Formula One driver Michael Schumacher and now his family said they’ll pursue legal action over the matter.The German magazine

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Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court

The lawsuit escalates a months-long dispute between the crypto miner and one of its energy suppliers in Canada.

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“Parody” Token Struck Down by Estate of J.R.R. Tolkien

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Binance Faces Lawsuit Over Alleged Support for Hamas in Israel Attack

Three families of victims from the Hamas attack on Israel have filed a lawsuit against Binance, its former CEO Changpeng Zhao, Iran, and Syria, alleging their support for terrorism. The suit claims these parties provided substantial assistance to Hamas, spotlighting the challenges of regulating cryptocurrency in combating terrorism financing. (Read More)

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FTX Executives Sue Co-Founders Amidst Failed FTX Stocks Project

Court documents filed on May 17, 2023, reveal that current executives overseeing FTX and its subsidiary, Alameda Research, have initiated a lawsuit against Sam Bankman-Fried, the former CEO of FTX, Nishad Singh, FTX’s former director of engineering, and Zixiao “Gary” Wang, co-founder of FTX. The legal action stems from the exchange’s ambitious FTX Stocks project, [...]

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Bittrex Faces Potential Legal Action from US SEC

Bittrex, a US-based cryptocurrency exchange, may face legal action from the US Securities and Exchange Commission (SEC) over alleged violations related to investor protection, despite preparing to shut down its local operations. (Read More)

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Celsius Network Considers Legal Action Against Crypto Blogger

Celsius Network is considering taking legal action against crypto blogger Tiffany Fong for leaking internal information regarding the company’s bankruptcy case. Fong has been reporting on the bankruptcy case via YouTube and social media platforms, sharing leaked internal information allegedly provided to her by disgruntled former Celsius employees. (Read More)

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Tether files lawsuit against Swan Bitcoin over joint venture dispute

Tether confirmed to Cointelegraph that it had sued Swan Bitcoin over alleged contract breaches in a joint Bitcoin mining venture.

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Gemini Files Lawsuit Against Digital Currency Group and Barry Silbert Alleging Fraud and Deception

After Gemini co-founder Cameron Winklevoss published an open letter to Digital Currency Group (DCG) CEO and founder Barry Silbert, threatening legal action if the firm failed to respond by July 7, Winklevoss announced on Friday that his company had filed a lawsuit against DCG and Silbert in New York. **Editor’s Note: This article was updated [...]

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Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making

A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,” he stressed. Lawyer Expects SEC to Lose Against Coinbase in Court Lawyer James Murphy explained in a

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