Chancellor of British High Court, Sir Geoffrey Vos urges legal community to clearly define and identify crypto-assets
The Chancellor of the British High Court, Sir Geoffrey Vos, made headlines after he discussed the possibility of recognizing ‘crypto-assets as property,’ within the current stature of the law. The lecture was held in Liverpool and focused on finding ways to improve people’s confidence in smart legal contracts.
Securities Lawsuit Against Ripple to Stay in Federal Court
An ongoing securities lawsuit against payment startup Ripple will stay in federal court, per a recent ruling. The news was announced by lawyer Jake Chervinsky in a tweet on Mar. 1.
Mark Karpeles Fails to Halt US Court Case Over Mt Gox Losses
Mark Karpeles, the former CEO of bankrupt bitcoin exchange Mt. Gox, has been refused a motion to stay a U.S. court case brought by former investors.
In court, blockchain entrepreneur says investors have no ownership rights
Moshe Hogeg responds to a lawsuit alleging he misappropriated funds and deviated from white paper business plan, by asserting that such papers are descriptive, not legally binding.
Indian Supreme Court Pushes Crypto Case Against RBI to End of February
The Indian supreme court was scheduled to hear the petitions against the crypto banking ban imposed by the country’s central bank, the RBI, on Tuesday after repeatedly postponing it last year.
9 Crypto Firms Sue Washington State Utility Over 50 Percent Rate Hike
A major utility in the U.S. state of Washington, Grant County public utility district, and its commissioners are facing a lawsuit filed by nine cryptocurrency firms. The suit alleges that they “acted inappropriately in creating and approving a new rate that raises electricity costs” for cryptocurrency miners.
Korean Court Case Alleges ICO Ban Is Unconstitutional
A constitutional complaint has reportedly been filed in South Korea alleging that the government’s ban on initial coin offerings is unconstitutional. It has been more than a year since token sales were banned in the country but the government has yet to introduce any regulations for them, causing problems for startups.
Court Orders Swiss Crypto Mining Firm Envion to Shut Down
Envion AG, a crypto-based firm that aimed to combine cryptocurrency mining with green power, has been shut down by the cantonal court of Zug, Switzerland.
Current Legal System Can’t Recognize Bitcoin, India’s Central Bank Tells Supreme Court
The Reserve Bank on India (RBI) on Wednesday filed an affidavit in the Supreme Court to clarify its stand on cryptocurrencies like Bitcoin.
Telegram Takes Alleged Trademark Squatter to Court over Cryptocurrency Naming Rights
Encrypted messaging company Telegram has filed a trademark suit against a Florida company that also intends to create a cryptocurrency named “gram.”