News about LEGAL

News about Legal

Iran Will Reportedly Cut Off Electricity to All Legal Crypto Miners

submitted by /u/StandardCell9963 [link] [comments]

The Celsius collapse TL;DR - CEO designed it as a massive pump and dump & used clever legal language to protect himself from persecution while getting away with tens of millions.

https://www.youtube.com/watch?v=1nVG8PF4ECU - this video explains pretty much everything. Whenever you invest in to any DeFi application, you should stop and ask yourself, "If these guys are offering double digit return on investment when my ba...

Elusive Bitcoin ETF: Hester Peirce criticizes lack of legal clarity for crypto

The crypto sector may be maturing, but regulatory clarity around the treatment of digital assets continues to remain cumbersome. This was recently highlighted by Commissioner Hester Peirce — also known as the United States Securities and Exchange Com...

Elusive Bitcoin ETF: Hester Perice criticizes lack of legal clarity for crypto

YGG And Merit Circle DAO Evade Legal Tussle Securing A Settlement

For Merit Circle Ltd and Yield Guild Games (YGG), looking for a neutral settlement for their differences is a more peaceful option. Unfortunately, the DAO decided to eliminate YGG through community votes. Such a decision has raised the clash between...

Panama’s President Vetoes Law That Would Have Regulated Bitcoin, Legalized DAOs

submitted by /u/chuloreddit [link] [comments]

Legal battle avoided after YGG and Merit Circle DAO agree to a deal

A potential legal battle has been prevented between the Merit Circle decentralized autonomous organization’s (DAO) backing company Merit Circle Ltd and Yield Guild Games (YGG) after the organizations reached a deal after the DAO originally voted to r...

Brazilian proposal would make crypto payments legal and protect private keys

A proposed addition to an existing Brazilian law would grant Brazilians the right to use cryptocurrency as a means of payment while protecting their private keys from being taken by the courts.Federal Deputy Paulo Martins issued the proposal to the c...

Bitcoin Fraud-Accused South African Radio Presenter Threatens Legal Action

Following accusations that he defrauded investors in his bitcoin investment scheme, the South African radio presenter Sebasa Mogale has said he will take legal action against individuals that have reported him to the police. His lawyer insisted that...

Jamaica Creates History as it Adopts CBDC as Legal Tender

submitted by /u/Clash_My_Clans [link] [comments]

Jamaica Becomes The First Nation in the world to Issue a CBDC as Legal Tender.

submitted by /u/Tatakae69 [link] [comments]

Legal troubles mount for Terraform Labs as Seoul police investigative

submitted by /u/Wabi-Sabibitch [link] [comments]

Legal troubles mount for Terraform Labs as Seoul police investigate

Terraform Labs, the parent company behind the collapsed Terra ecosystem, is currently under multiple investigations from the South Korean authorities.The latest investigation revolves around the alleged embezzlement of Bitcoin (BTC) from the company’...

Grayscale Taps Top Former Obama's Lawyer in Preparation for Spot BTC ETF Legal Battle

Grayscale Investments LLC has hired Donald B. Verrilli Jr to enhance its legal team, who was a solicitor general under the Obama administration from 2011 to 2016. The United States Securities and Exchange Commission (SEC) is expected to announce it...

The Leaked Draft of the Lummis-Gillibrand Crypto Bill Offers Legal Cover to Bitcoin and Other Digital Currencies, Recognizes NFTs as a New Asset Class, and Mandates 100% Backing for Stablecoins

submitted by /u/ChemicalGreek [link] [comments]

New Study Shows 37% Of People Want Governments To Legalize Bitcoin

Given the growing interest in crypto adoption as a legal tender, it’s not shocking that many participants will wish to legalize bitcoin. The level of support for crypto was evident in a new survey conducted by The Economist. This survey aimed to kno...

Reuters Investigate has found that in the last five years, Binance served as a middleman for the laundering of at least $2.35 billion from hacks, investments frauds and illegal drug sales

An inquiry into the world’s largest crypto exchange, Binance, financial activities by Reuters, reveals that the exchange platform has aided in laundering no less than $2.35 billion in corrupt funds, over a five year period. In a recurring pattern, as...

Do Smart Contracts Represent Legal Contracts?

submitted by /u/bdinu89 [link] [comments]

Central African Republic To Tokenize Country’s Natural Resources, CAR is the 2nd country to accept BTC as legal tender

submitted by /u/Clash_My_Clans [link] [comments]

Do Kwon Unlikely to Face Criminal Charges in US, Say Legal Experts

Terraform Labs CEO Do Kwon is unlikely to face criminal charges in the U.S. over the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST), according to legal experts. They explained that civil charges are more likely, including lawsu...

NY Senate looks to crack down on illegal and irresponsible crypto mining

https://illuviumfever.com/irresponsible-mining-faces-ny-state-senate-time-for-renewable-adoption-worldwide-crack-down-on-illegal-mining/ submitted by /u/illuviumfever [link] [comments]

Smart contracts can redesign legal agreements, but businesses beware

When was the last time you got a late payment? Chased an invoice? Waited for your monthly paycheck only to realize it’s late yet again? You might relate to these headaches as an investor, employee or client. But the tension that affects each of these...

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