Court Cases | ForkLog

ForkLog 13 21.01.2021

Russian court overturns Binance’s inclusion in the register of banned websites

On 20 January, the Arkhangelsk Regional Court overturned the ruling to block the Binance cryptocurrency exchange's website in Russia.

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ForkLog 26 20.01.2021

Bitfinex and Tether seek one-month extension to hand over documents to the New York Attorney General

The cryptocurrency exchange Bitfinex needs additional time to hand over documents regarding mutual transactions with Tether to the New York State Attorney General (NYAG). This was stated by Stuart Hoegner, the attorney representing the companies.

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ForkLog 16 19.01.2021

Former CEO of South Korean exchange jailed for 18 months over 110 BTC bribe

Former CEO of the now-defunct South Korean cryptocurrency exchange Coinnest was sentenced to 18 months in prison by the Supreme Court. He was found guilty of accepting 110 BTC as a bribe, according to Bitcoin.com citing local media.

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ForkLog 7 19.01.2021

Crypto-exchange owner seeks $290,000 from banks over account freezes

Allan Flynn is seeking $290,000 in damages from Westpac and ANZ in court. Banks' reluctance to work with cryptocurrency crippled the Australian's exchange business, according to the Financial Review.

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ForkLog 19 12.01.2021

Gemcoin founder sentenced to prison for $147 million fraud

U.S. District Judge John F. Walter found Gemcoin founder Steve Chen guilty of orchestrating a fraudulent scheme. This is according to a Justice Department statement.

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ForkLog 12 11.01.2021

Former top executives of Kalmykia enterprises charged with illegal cryptocurrency mining

The Kalmykia Prosecutor's Office has approved charges against the former CEO of 'Zavod ZhBI — Konstruktsii' and the former director of the company 'DSK' for illegal cryptocurrency mining in production facilities. According to the agency's press service.

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ForkLog 12 11.01.2021

Court remands Bitsonar pyramid founder in pre-trial detention on murder charges

On 24 December 2020, the Kyiv District Court of Odessa changed the preventive measure to detention without the possibility of posting bail for the creator of the Bitsonar pyramid, Alexander Tovstenko, suspected of organizing the ordered murder of a former colleague.

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ForkLog 20 05.01.2021

Another lawsuit filed against Ripple.

Tetragon Financial Group filed a lawsuit against Ripple. In 2019 it led a $200 million Series C funding round when the XRP issuer was valued at $10 billion.

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ForkLog 12 31.12.2020

Lawsuit filed against Coinbase over XRP token sales alleging unfair competition

A Coinbase customer filed suit in the United States District Court for the Northern District of California, accusing the exchange of violating state unfair competition laws by taking commissions from the sale of XRP tokens.

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ForkLog 17 30.12.2020

U.S. court sets date for preliminary hearings in SEC case against Ripple

The Southern District of New York will hold preliminary hearings in the Securities and Exchange Commission's case against fintech company Ripple on February 22, 2021.

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ForkLog 6 29.12.2020

Court orders miners to pay 22.8 million rubles to Rosseti Center Lipetskenergo branch

Lipetsk's Pravoberezhny District Court upheld the claim of the Rosseti Center Lipetskenergo branch for compensation of damage amounting to 22.8 million rubles caused by the mining farm.

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ForkLog 11 24.12.2020

SEC accuses founder of two cryptocurrency hedge funds of fraud

The Securities and Exchange Commission (SEC) has accused Stefan Qin of cryptocurrency arbitrage fraud and of failing to return investors' funds. Qin is the founder of Virgil Sigma funds in New York and VQR Multistrategy in the Cayman Islands.

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