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Court


This post was originally published here This week, a United States federal district judge ruled that an allegedly fraudulent crypto token meets the definition of a commodity. That brought the case under the Commodity Futures Trading Commission’s (CFTC) purview, which has long argued that virtual currencies constitute commodities. Here what it means — and how …

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India’s highest court has declined to end a ban enacted by the national central bank that bars the country’s crypto exchanges from doing business with regulated financial firms. Bloomberg reported Tuesday that the Indian Supreme Court, led by Chief Justice Dipak Misra, said that the Reserve Bank of India’s (RBI) prohibition on providing services to crypto-related …

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That’s not something you see every day: an opinion from the U.S. Supreme Court that makes a reference to cryptocurrencies. On June 21, the Supreme Court issued a ruling on Wisconsin Central Ltd. v. United States, a court case involving a dispute over whether worker stock options can be taxed as a kind of “compensation” …

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Craig Wright, the chief scientist of blockchain startup nChain who once claimed to be bitcoin’s pseudonymous creator, has filed a motion in U.S. federal court to dismiss a billion-dollar lawsuit filed against him. As previously reported, Wright is being sued by Ira Kleiman, filed the lawsuit in February on behalf of the estate of his brother, …

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A Dutch court classifies Bitcoin as a “transferable value” after the court ruled in favour of a plaintiff who was owed 0.591 Bitcoins (BTC), according to a court document published March 20.   The claim was filed in a Dutch court by Mr. J.W. de Vries on 2 February 2018 against Koinz Trading BV, a non-public …

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In a hearing on Feb. 26, the Moscow Arbitration Court ruled that cryptocurrency funds of a bankrupt debtor cannot be seized as payment to creditors, local media group RBC reports. The court considered an application filed by finance manager Aleksey Leonov, who requested permission to recover funds from a debtor, Ilya Tsarkov, by seizing Tsarkov’s …

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The Supreme Court of India has called on the government to answer the petition calling for the regulation of the use of the leading cryptocurrency Bitcoin in the country. The petition claimed that the digital currency can be utilized in executing untraceable transactions across borders, making it an attractive tool for tax evaders and ransomware …

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