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Ripple Investor’s Request to Recuperate Its $175M Stock Investment Is Denied by the Court

Ripple Investor’s Request to Recuperate Its $175M Stock Investment Is Denied by the Court

The Delaware court has ruled that Ripple shareholder Tetragon will not be able to reclaim its Ripple equity in cash.

Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices

Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices

The Chairman of the Board of Directors of Bithumb Holdings, Lee Jung-hoon has been summoned by the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit following the unit's incessant raid on the exchange.

NSA’s Mass Phone Tapping and Data Collection was Illegal Says United States Federal Court

NSA’s Mass Phone Tapping and Data Collection was Illegal Says United States Federal Court

The NSA’s controversial phone data collection program first brought to light by former NSA agent Edward Snowden has been called illegal by a US Federal Court.

The Sale of Perth Glory FC Seems Dead in the Water Based on the Crypto Firm’s Dark Past

The Sale of Perth Glory FC Seems Dead in the Water Based on the Crypto Firm’s Dark Past

The proposed sale of Perth Glory FC, an Australian soccer club, has been thrown into disarray following allegations that the potential buyers have an ongoing fraudulent misrepresentation case in the UK High Court. The claims point out that London Football Exchange (LFE), a London-based cryptocurrency company, and its owner Jim Aylward were facing a $2.2 million USD lawsuit brought forth by a Turkmenistan oil trader.

India’s Apex Court Postpones Cryptocurrencies Ban Hearing to November

India’s Apex Court Postpones Cryptocurrencies Ban Hearing to November

Back in April 2018, the Reserve Bank of India released a press release prohibiting banks from providing financial services to individuals and corporate bodies dealing in cryptocurrencies. This move by the Reserve Bank of India has received many criticisms from several individuals and the High Court of Delhi as the ban clearly violates the constitution.

Schedule for SEC Case against Ripple Approved by Court, Hearing for SEC Chair Nominee Gary Gensler Set for March

Schedule for SEC Case against Ripple Approved by Court, Hearing for SEC Chair Nominee Gary Gensler Set for March

A management plan and a scheduling order for the SEC case against Ripple Labs has officially been approved by the court.

South Korean Court Apprehends Crypto Assets of “Nth Room” Ringleader

South Korean Court Apprehends Crypto Assets of “Nth Room” Ringleader

A South Korean court has frozen 15 cryptocurrency wallets belonging to Cho Ju-bin, the orchestrator of the “Nth Rooms” scandal. It came to the limelight following a national outcry following the sexual exploitation of underage girls by Cho Ju-bin and his team who was named and paraded through the Korean streets to face the public in March.

Kakao Plans to Launch Crypto Wallet in the First Quarter of 2020

Kakao Plans to Launch Crypto Wallet in the First Quarter of 2020

Kakao’s Co-Chairman, Yeo Min-soo, said that the company is planning to launch its cryptocurrency wallet called Klip in the first quarter of 2020 in his speech during the Klaytn Governance Council Summit in Seoul. Klip will allow users to store their Klay, Klaytn cryptocurrency, and Klaytn-based cryptocurrencies, which will be available for use in various ways in their daily lives.

Bitcoin Withdrawals from Exchanges Surge to a 17-Month High

Bitcoin Withdrawals from Exchanges Surge to a 17-Month High

New data from Glassnode reveals that Bitcoin (BTC) withdrawals from crypto exchanges have hit a 17-month high of 2,288.125.

Pakistani Judge Challenges Federal Authorities Over Cryptocurrency Ban

Pakistani Judge Challenges Federal Authorities Over Cryptocurrency Ban

Justice Muhammad Iqbal Kalhoro of the Sindh High Court (SHC) has challenged the State Bank of Pakistan's ban on cryptocurrencies in 2018.

India’s Central Bank Aims to Undo the Supreme Court Ruling on Lifting the Crypto Ban

India’s Central Bank Aims to Undo the Supreme Court Ruling on Lifting the Crypto Ban

India’s central bank, the Reserve Bank of India (RBI) has planned to report a review petition on the recent Supreme Court’s cryptocurrency ruling, according to the Economic Times.

Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action

Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action

Telegram, in an October 16th filing, has asked the Southern District Court of New York to deny the request by the United States Securities and Exchange Commission for a preliminary injunction on Gram, Telegram’s native cryptocurrency.

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