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CATEGORY: supreme court


Brazils top prosecutor defends X ban, urges Supreme Court to end disputes

Author: Cointelegraph by Ana Paula Pereira
United States
Sep 14, 2024 12:00

Brazils top prosecutor defends X ban, urges Supreme Court to end disputes

For Brazils Attorney Generals Office, the ban on X does not violate free speech rights in the country.

Canadian court orders $1.2M Bitcoin loan repayment

Author: Cointelegraph by Pradipta Mukherjee
United States
Sep 02, 2024 12:00

Canadian court orders $1.2M Bitcoin loan repayment

The Supreme Court of British Columbia has ordered $1.2 million in damages to be paid in a Bitcoin-related loan dispute, reflecting the growing legal acceptance of cryptocurrencies.

SEC and Ideanomics settle crypto revenue reporting fraud charges

Author: Cointelegraph by Amaka Nwaokocha
United States
Aug 11, 2024 12:00

SEC and Ideanomics settle crypto revenue reporting fraud charges

According to the report, all parties involved have agreed to settle the charges without admitting or denying the SECs findings

Crypto won big in the Supreme Court's Loper Bright decision

Author: Cointelegraph by Christopher Koopman
United States
Jul 11, 2024 12:00

Crypto won big in the Supreme Court's Loper Bright decision

The Supreme Court ended the Chevron doctrine in June significantly undermining the Securities and Exchange Commission's ability to stand athwart crypto.

Experts say latest SCOTUS opinions will limit SEC power over crypto

Author: Cointelegraph by Turner Wright
United States
Jul 02, 2024 12:00

Experts say latest SCOTUS opinions will limit SEC power over crypto

The conservative members of the U.S. Supreme Court sided with two majority opinions that could have lasting implications for federal agencies to enforce laws.

Jun 29, 2024 01:25

Supreme Court Decision Overturns Chevron: A Victory for Judicial Authority and Bitcoin

A recent Supreme Court ruling has neutered administrative agencies ability to unilaterally enforce new substantial regulatory requirements.

What is fair use? US Supreme Court weighs in on AI’s copyright dilemma

Author: Cointelegraph By Luke Huigsloot
United States
May 30, 2023 04:40

What is fair use? US Supreme Court weighs in on AI’s copyright dilemma

Many firms with generative AI models are being sued for copyright infringement, and the Supreme Court may have just ruined their primary legal defense.

Jul 29, 2023 06:55

Indian Supreme Court Expresses Discontent Over Lack of Crypto Regulations


The absence of defined rules and regulations governing cryptocurrencies in India has lately drawn the attention of the country's Supreme Court. (Read More)

Supreme Court Taps Twala for Consultation on Possible Blockchain Use in E-Notarization

Author: Shiela Bertillo
Philippines
Apr 28, 2023 07:30

Supreme Court Taps Twala for Consultation on Possible Blockchain Use in E-Notarization

The use of blockchain in electronic notarization can enable a more efficient and secure means of validating and confirming digital documents.

The post Supreme Court Taps Twala for Consultation on Possible Blockchain Use in E-Notarization appeared first on BitPinas.

Jun 24, 2023 12:25

Coinbase Wins Supreme Court Backing for Arbitration

Cryptocurrency exchange Coinbase on Friday secured the backing of the US Supreme Court to pause a class-action lawsuit by one of its customers in order to pursue efforts to send the case into private arbitration. Arbitration is an out-of-court dispute resolution method in which parties to a dispute agree to have their differences resolved by an impartial third party, known as an arbitrator.

Coinbase Secures Court Support

In April 2022, Abraham Bielski, a California resident, filed a class action lawsuit against Coinbase, alleging that scammers posing as PayPal representatives stole $31,000 from his crypto wallet with the exchange in 2021. Bielski claims he unsuccessfully failed to reach Coinbase for help.

In another class action lawsuit, former Coinbase users alleged that the exchange tricked them into paying for a sweepstakes in 2021, thereby breaking California’s law on false advertising.

Last year, a district court in California dismissed a motion filed by Coinbase asking that litigation in the Bielski case be suspended for its appeal to take the case into arbitration in line with dispute resolution agreement customers signed when joining the platform. A Court of Appeal also subsequently upheld the lower court’s decision.

However, the Supreme Court on Friday passed a 5-4 majority ruling, giving Coinbase the go-ahead to appeal for arbitration in the Bielski case. Arbitrations are believed to be cheaper for organizations, easier to manage and can be bad for customers when forced.

First Crypto Case in US Supreme Court

Meanwhile, the top court dismissed an appeal to intervene in the other suit involving sweepstakes, according to Reuters. According to the outlet, Conservative Justice Brett Kavanaugh, one of the justices that supported the ruling, noted that not backing Coinbase’s appeal could be deleterious to the advantages of arbitration.

On the contrary, justices that opposed the ruling argued that permitting both a court trial and an arbitration on the same case helps to ensure that the interests of all parties in the case are served. The case marked the first time a crypto company argue its case before the Supreme Court in the US. However, the case is not related to Coinbase’s crypto business.

Coinbase's legal victory at the Supreme Court comes as the largest crypto exchange in the United States battles allegations from the country's securities watchdog that it operates an illegal trading platform and offers unregistered securities. California's state regulator also recently ordered the exchange to 'desist and refrain' from offering its crypto staking programme to residents in the state, Finance Magnates reported.

This article was written by Solomon Oladipupo at www.financemagnates.com.

Crypto.com customer accused of $7M spending spree granted bail

Author: Cointelegraph By Brayden Lindrea
United States
Mar 21, 2023 08:20

Crypto.com customer accused of $7M spending spree granted bail

The judge said that imprisonment wasn’t necessary because Jatinder Singh couldn’t flee Australia without his Indian passport.

Trade group accuses SEC of ‘stealthy’ overreach in Coinbase insider trading case

Author: Cointelegraph By Luke Huigsloot
United States
Feb 23, 2023 08:20

Trade group accuses SEC of ‘stealthy’ overreach in Coinbase insider trading case

The Chamber of Digital Commerce has accused the SEC of trying to impose securities regulations via the “back door” of an insider trading lawsuit.

Dec 16, 2022 10:35

SBF Submits Fresh Bahamas Supreme Court Bail Application


Sam Bankman-Fried has allegedly applied for bail again in the Bahamas Supreme Court. Money laundering, wire fraud, and securities fraud are among the eight U.S. allegations against the FTX founder. A court granted bail on December 13 because the crypto executive was a flight risk. On December 15, local media reported that he had filed the application and it will be considered in court in January. (Read More)

A Supreme Court case could kill Facebook and other socials — allowing blockchain to replace them

Author: Cointelegraph By Nick Daze
United States
Dec 11, 2022 08:20

A Supreme Court case could kill Facebook and other socials — allowing blockchain to replace them

If the Supreme Court decides to strike down Section 230, it's going to become considerably more difficult for centralized social media companies to operate.

Israeli crypto exchange receives capital markets license in country first

Author: Cointelegraph By Luke Huigsloot
United States
Sep 23, 2022 08:20

Israeli crypto exchange receives capital markets license in country first

Earlier this week, the Israeli crypto exchange became the first crypto firm in the country to receive a license enabling it to work with local banks.

Jul 02, 2022 01:25

West Virginia Vs. EPA: Good News For Bitcoin, Beyond The Obvious

Here’s how the recent Supreme Court decision will impact the Bitcoin industry.

Feb 28, 2022 10:50

Supreme court of China rules out crypto transactions as illegal

On Thursday, China’s supreme court declared cryptocurrency transactions to be unlawful, threatening violators with steep penalties and up to ten years in jail. While top-level Chinese government authorities had previously declared crypto illegal in 2021, the measure now makes it technically illegal, allowing the government to pursue dealers in court. In September of last year, […]

Feb 07, 2024 02:15

British Columbia Court Upholds Government's Temporary Ban on Cryptocurrency Mining Electricity Supply


British Columbia's Supreme Court upheld a temporary suspension of electricity supply to new cryptocurrency mining operations, emphasizing the government's role in balancing energy demands with sustainability goals. (Read More)

Mar 16, 2023 05:50

Court Dismisses Former Monero Developer’s Bid to Have His Extradition to South Africa Declared Illegal

The Supreme Court of Appeal (SCA) in South Africa has rejected former Monero lead maintainer Riccardo Spagni’s bid to have it declare his extradition from the United States to South Africa illegal. In its ruling, the Supreme Court of Appeal insisted that Spagni did not sufficiently argue for the voiding of the extradition process. Spagni [...]

The post Court Dismisses Former Monero Developer’s Bid to Have His Extradition to South Africa Declared Illegal appeared first on Crypto Breaking News.

NY Supreme Court allows Greenidge to keep mining, but challenges remain

Author: Cointelegraph by Derek Andersen
United States
Nov 16, 2024 12:00

NY Supreme Court allows Greenidge to keep mining, but challenges remain

The state Department of Environmental Conservation botched the permitting process, but it still gets a do-over.

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